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The Big Six were the United Kingdom's largest retail suppliers of gas and electricity, who dominated the market following liberalisation in the late 1990s. By 2002, six companies – British Gas, EDF Energy, E.ON, RWE npower, Scottish Power and SSE – had emerged from the 15 former incumbent monopoly suppliers (the 14 regional public electricity suppliers and British Gas).
The company has its origins in two public sector electricity supply authorities. The former North of Scotland Hydro-Electric Board was founded in 1943 to design, construct and manage hydroelectricity projects in the Highlands of Scotland, and took over further generation and distribution responsibilities on the nationalisation of the electricity industry within the United Kingdom in 1948.
The electricity retail business was initially sold to British Energy in June 1999 [15] and then again in 2000 to Scottish and Southern Energy (SSE plc). During 2020, SSE's retail business was sold to Ovo Energy. [10] The distribution network was ultimately acquired by Western Power Distribution during September 2000. [16]
The company has its origins in two public sector electricity supply authorities. Scottish Hydroelectric, founded as the North of Scotland Hydro-Electric Board in 1943, was established to design, construct and manage hydroelectricity projects in the Highlands of Scotland, and took over a further generation and distribution responsibilities when the UK's electricity industry was nationalized in ...
OVO Energy is a major energy supplier based in Bristol, England. It was founded by Stephen Fitzpatrick and began trading energy in September 2009, buying and selling electricity and gas to supply domestic properties throughout the UK.
The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
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