|Revival of British Energy Group|
About British Energy
British Energy Group plc is the UK's largest generator of electricity. With a dedicated workforce of 5500 skilled professionals, we produce around one-fifth of the nation's electricity.
Our electricity is sold in a variety of ways, including through the company's direct supply business, British Energy Direct. This direct supply business deals with industrial and commercial clients throughout the UK. We also sell to the wholesale power market and act as a supplier to a range of energy supply companies.
We own and run eight nuclear power stations in the UK with a combined capacity of almost 10 000 megawatts. That is in addition to the Eggborough coal-fired power station that can generate almost 2000 megawatts.
We operate two types of nuclear reactor: the advanced gas-cooled reactor (AGR) and a pressurised water reactor (PWR). Seven of our nuclear power stations are of the AGR design, whilst the remaining station is a PWR.
Building for the future
Following recent restructuring of the group, we have introduced an extensive programme of investment in manpower, skills, plant and process. As the energy debate evolves, we believe we have a powerful contribution to make to the future energy needs of the UK.
Profit through progress
Respect and recognition
Professional and personal integrity
Survival to revival of British Energy
British Energy was formed out of the privatisation of the UK electricity supply industry in 1996.
The company suffered financial collapse in September 2002 following a combination of negative events, including a drop in wholesale electricity prices, extended unplanned shutdowns and failure to sell bonds in the US.
The company underwent major financial restructuring between 2002 and 2004 and in January 2005 relisted on the London Stock Exchange as British Energy Group plc.
The company's vision is ‘Safe, Profitable and Proud'.
To achieve this vision, British Energy has identified three imperatives, which constitute the blueprint for the company's continued revival.
Although some jobs were shed during the restructuring, we have created more. The company has identified skills we need and people we need to help manage our assets long term.
Organisation and structure
People and leadership
Investment in plant
© copyright The World Nuclear Association 2005