British Energy was formed to take over some of the UK’s nuclear power stations after their privatisation.
The company has since been purchased by EDF Energy.
Use of the British Energy Brand Today?
The British Energy brand was still in use up to 2010 when the new owners, EDF Energy rebranded the British Energy assets as EDF Energy Nuclear Generation Limited.
British Energy Contact Phone Numbers & Email
Call – 0800 096 9000 (EDF)
British Energy Address
Website: https://www.edfenergy.com/ (EDF)
The History of British Energy
British Energy was first formed in 1995 and was registered in Scotland. It was created to take on eight of the UK’s nuclear power stations. These power stations were formerly owned by Scottish Nuclear and Nuclear Electric.
Both Scottish Nuclear and Nuclear Electric were companies that were formed as a result of the privatisation of the UK electric market in 1990. Scottish Nuclear was allocated the nuclear assets from the former South of Scotland Electricity Board.
In 1999, British Energy bought SWALEC who was a retail gas and electricity supply, which they purchased to expand the business into the energy retail sector. But later that year they sold the SWALEC business to Scottish and Southern Energy as it was not viable for them.
In 2000, British Energy purchased Eggborough power station from National Power which was a coal-fired station to diversify their generation portfolio.
In 2001, British Energy expanded internationally when they became a major partner in electricity generating power station in Canada under a subsidiary called Bruce Power. This was later sold in 2003.
In 2002, British Energy had financial difficulties resulting from reduced wholesale energy prices and issues with their reactors being offline. The UK government aided the failing company by giving financial aid and assisting them in restructuring their debt.
But the company continued to suffer due to increased competition and failing to factor in decommissioning costs of their nuclear power stations.
In 2007, the UK government wanted to dispose of its interest in British Energy and shares for the company were released to the market.
In 2008, EDF Energy purchased British Energy and later in 2009 Centrica bought a 20% share of the company from EDF Energy. This acquisition made EDF one of the UK’s largest energy generators.
For a period of time the assets that were formerly British Energy’s were co-branded, and in 2010 EDF Energy rebranded all of the former British Energy assets as EDF Energy Nuclear Generation Limited and the British Energy name ended.
What Happened to British Energy?
British Energy was still in operation until 2009 when it was purchased by EDF Energy. The British Energy assets were co-branded in both company names until 2010 when they changed to be EDF Energy Nuclear Generation Limited. At this point, the British Energy name ceased to exist.
For more see: EDF Energy Reviews & Tariffs