https://powerbase.info/api.php?action=feedcontributions&feedformat=atom&user=Peter+RochePowerbase - User contributions [en]2026-06-25T19:31:28ZUser contributionsMediaWiki 1.35.14https://powerbase.info/index.php?title=E.ON&diff=175630E.ON2012-09-03T13:15:38Z<p>Peter Roche: /* Coal and carbon capture and storage in the UK */</p>
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==Background==<br />
'''E.ON''' is an international energy company, headquartered in Germany, with interests in Europe, Russia and the US. <ref>[http://www.eon.com/en/about-us/profile.html E.ON website: 'Who we are: An overview'], undated, accessed August, 2012.</ref><br />
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It operates nuclear power stations in Germany and Sweden.<ref>[http://www.eon.com/content/dam/eon-com/en/downloads/e/E.ON_2011_Annual_Report.pdf E.ON Annual Report 2011], See page 133, para 2, accessed July, 2012. See also [http://www.eon.com/en/business-areas/power-generation/nuclear/nuclear-in-the-energy-mix.html E.ON website: 'Nuclear Power in the Energy Mix'], undated, accessed July, 2012.</ref><br />
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E.ON UK is the second largest electricity generator in the UK, and a leading energy supplier with around eight million electricity and gas customer accounts. Through its retail business, [[E.ON Energy Solutions]], it supplies energy to homes as well as small-medium-enterprises and industrial customers across the country. <ref> [http://www.eon.com/en/about-us/structure/regional-units.html E.ON website: 'Regional Units: United Kingdom], undated, accessed August 2012 </ref><br />
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E.ON UK operates 10 coal, gas and oil-fired power stations which generate around 10 per cent of the UK's electricity. It also operates up to 20 wind farms, an extensive biomass co-firing programme and one of the UK’s largest dedicated biomass power stations. It is building the world’s largest offshore wind farm, the London Array in the Thames Estuary. It also has 13 large-scale Combined Heat and Power plants across the UK. <ref> [http://www.eon-uk.com/about/generation.aspx E.ON UK website: 'Generation'], undated, accessed August 2012 </ref><br />
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==E.ON's nuclear power stations== <br />
===Germany===<br />
Two of E.ON’s nuclear power stations in Germany were closed down in March 2011 following the [[Fukushima]] accident in Japan. These were Unterweser <ref> [http://www.eon-kernkraft.com/pages/ekk_en/Nuclear_Power_Plants/Locations/Kernkraftwerk_Unterweser/index.htm E.ON website: 'Kernkraftwerk Unterweser'], undated, accessed August 2012 </ref> and Isar-1. <ref> [http://www.eon-kernkraft.com/pages/ekk_en/Nuclear_Power_Plants/Locations/Kernkraftwerk_Isar/index.htm E.ON website: 'Kernkraftwerk Isar'], undated, E.ON website accessed August 2012. </ref> Two other stations, Wuergassen and Stade, had previously been withdrawn from service for commercial reasons in 1994 <ref> [http://www.eon-kernkraft.com/pages/ekk_en/Nuclear_Power_Plants/Locations/Kernkraftwerk_Wuergassen/index.htm E.ON website: 'Kernkraftwerk Wuergassen'], undated, accessed August 2012</ref> and November 2003 respectively. <ref> [http://www.eon-kernkraft.com/pages/ekk_en/Nuclear_Power_Plants/Locations/Kernkraftwerk_Stade/index.htm E.ON website: 'Kernkraftwerk Stade'], undated accessed August 2012 </ref> <br />
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This leaves E.ON with operational responsibility for four German nuclear reactors. According to Germany's nuclear phase-out these must be withdrawn from service by 31 December of the year indicated: Grafenrheinfeld (2015), Brokdorf (2021), Grohnde (2021), Isar 2 (2022). <ref> [http://www.eon.com/en/business-areas/power-generation/nuclear/current-information.html E.ON website: 'Current Information] undated, E.ON website accessed August 2012 </ref><br />
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E.ON owns 100 per cent of Unterweser, Isar-1 and Grafenrfeinfeld, 80 per cent of Brockdorf ([[Vattenfall]] owns 20 per cent) <ref> [http://www.world-nuclear.org/info/inf43.html Nuclear Power in Germany], World Nuclear Association, July 2012, accessed August 2012.</ref>; 83.3 per cent of Grohnde (Stadtwerke Bielefeld owns 16.7 per cent) <ref> [http://www.eon-kernkraft.com/pages/ekk_en/Nuclear_Power_Plants/Locations/Gemeinschaftskernkraftwerk_Grohnde/index.htm E.ON website: 'Gemeinschaftskernkraftwerk Grohnde'], undated, accessed August 2012.</ref> and 75 per cent of Isar-2 (25% owned by Stadtwerke München). <ref> [http://www.eon-kernkraft.com/pages/ekk_en/Nuclear_Power_Plants/Locations/Kernkraftwerk_Isar/index.htm E.ON website: Kernkraftwerk Isar], undated, accessed August 2012. </ref><br />
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In addition, E.ON has equity in the following nuclear plants: Kruemmel 50 per cent (shutdown); Brunsbuettel 33.3 per cent (shutdown); Gundremmingen B& C 25 per cent (closing 2012 and 2012); Emsland 12.5 per cent (closing 2022). <ref> [http://www.world-nuclear.org/info/inf43.html Nuclear Power in Germany], World Nuclear Association, July 2012, accessed August 2012.</ref><br />
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===Sweden===<br />
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E.ON operates and has a majority stake (54.5 per cent) in [[OKG]], which has three reactors at Oskarshamn, 29.6 per cent of the Ringhals nuclear power plant which has four reactors, and 8.5 per cent of the Forsmark nuclear plant, which has three reactors. <ref> [http://world-nuclear.org/info/inf42.html 'Nuclear Power in Sweden'], World Nuclear Association, June 2012, accessed August 2012. Also see [http://www.eon.com/content/dam/eon-com/de/downloads/f/Facts_and_Figures_2012_-_March_2012.pdf E.ON Fact and Figures], March 2012, E.ON website, accessed August 2012. See page 7.</ref><br />
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===Finland===<br />
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In June 2007, E.ON joined a consortium of 70 industrial and energy companies to establish a joint venture company – [[Fennovoima Oy]] – to construct a new nuclear power plant in Finland. In January 2009, Fennovoima submitted its application to the government for a decision-in-principle, which was granted in May 2010. In October 2011 the company chose a site on the Hanhikivi peninsula on the coast of Bothnian Bay. E.ON is the lead member of the consortium with a 34 per cent share. The Hanhikivi 1 plant would be an EPR or Toshiba's version of the Advanced Boiling Water Reactor (ABWR). Work had been expected to start in 2012, but has now been delayed two years to 2014. <ref>[http://world-nuclear.org/info/inf76.html Nuclear Power in Finland], World Nuclear Association, April 2012, accessed August 2012. </ref><br />
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===United Kingdom===<br />
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In January 2009 E.ON UK formed a joint venture with [[RWE]] npower, called [[Horizon Nuclear Power]], with the aim of developing up to 6600 MW of new nuclear power station capacity at Wylfa on Anglesey and Oldbury in Gloucestershire. <ref>[http://www.horizonnuclearpower.com/ Horizon Nuclear Power website], undated, accessed August 2012.</ref> Three years later, following the conclusion of separate strategic reviews in March 2012, both E.ON and RWE announced their intention to withdraw from UK nuclear and seek new owners for Horizon. <ref>[http://www.horizonnuclearpower.com/files/downloads/e_on%20press%20release.pdf E.ON Press Release] 29 March 2012</ref> <br />
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In July 2012 it emerged that E.ON had colluded with government officials to soften the impact of their withdrawal from Horizon on the UK’s new nuclear programme. <ref>Rob Edwards, [http://www.guardian.co.uk/environment/2012/jul/19/emails-nuclear-power Emails reveal UK Government's moves to protect nuclear power from bad news], Guardian, 19th July 2012, accessed July 2012 </ref><br />
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===='Environmentally friendly’ nuclear power====<br />
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When E.ON announced the RWE joint venture, group chief executive Dr [[Wulf Bernotat]] described nuclear power “as a carbon dioxide free energy resource” and “one of the most efficient ways to produce energy while protecting the climate from CO2 ... a reliable and low carbon source of electricity.” <ref>[http://www.eon.com/en/media/news/press-releases/2009/1/14/e-dot-on-and-rwe-form-joint-venture-to-build-uk-nuclear-power-stations.html E.ON Press Release] 14 January 2009.</ref><br />
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So, in common with other energy companies, E.ON has repositioned nuclear as a green form of power.<br />
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==Coal and carbon capture and storage in the UK==<br />
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In December 2006, E.ON submitted a planning application to build the UK’s first coal-fired power station for 20 years at Kingsnorth in Kent. <ref>[http://www.eon-uk.com/libraries/uk/images/Kingsnorth_press_release_11_12_06.pdf E.ON Press Release], 11th December 2006.</ref> After two years of protests against its plans, it quietly announced on its website on 7 October 2009 that it was shelving the project, blaming a dramatic fall in energy demand which it said made Kingsnorth redundant. It said it would reconsider in two or three years and could go ahead if energy prices recovered. <ref>Webb,T and Jha, A [http://www.guardian.co.uk/environment/2009/oct/08/kingsnorth-eon-pulls-out-plan Siege of Kingsnorth declared over as E.ON pulls out of plan for coal power plant], Guardian, 8 October 2009.</ref><br />
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A year later the company said it was pulling Kingsnorth out of the government's carbon capture and storage competition, because it could not meet competition timescales. Dr [[Paul Golby]], chief executive of E.ON UK said because they had postponed building the new power station it would have no plant on which to build a carbon capture and storage facility. <ref>[http://pressreleases.eon-uk.com/blogs/eonukpressreleases/archive/2010/10/20/1628.aspx E.ON Press Release] 20 October 2010.</ref><br />
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On 23rd August 2012, E.ON declared that it would not build any more coal or gas-fired plant in Western Europe until at least 2020. <ref> [http://in.reuters.com/article/2012/08/23/germany-power-eon-idINL6E8JNF8B20120823 E.ON drops gas/coal plant building in W.Europe-company] Reuters 23rd August 2012, accessed 3rd September 2012. </ref><br />
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===Dictating government guidelines on Kingsnorth=== <br />
In April 2009 leaked emails revealed that E.ON was dictating government guidelines on the need for carbon capture and storage (CCS) on the proposed new coal plant at Kingsnorth. The emails showed a civil servant from the [[Department of Business]] writing to E.ON asking whether they should include a condition that CCS would be in place. E.ON responded that the secretary of state "has no right to withhold approval for conventional plant" and the civil servant ([[Gary Mohammed]]) agreed immediately that he would not include CCS as a condition. <ref>George Monbiot, [http://www.guardian.co.uk/commentisfree/2009/apr/20/energy-police Allies against democracy] The Guardian, Comment is Free. 20 April, 2009. Accessed 13/05/10 </ref><br />
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===Given police intelligence on climate protesters=== <br />
In the same month it was also revealed that police intelligence on [[Climate Camp]] protesters at Kingsnorth, including their names and whereabouts, was passed to E.ON by government officials. This led to claims that policing was partisan, colluding with the energy companies to quash protest. The freedom of information (FOI) request by the [[Liberal Democrats]] also showed that the [[Department of Business, Enterprise and Regulatory Reform]] (BERR) had shared strategy and planning documents with E.ON, and attempted to coordinate their media strategies before the demo. Many sections of the FOI response, which was initially refused but released on appeal, were blacked out.<ref>Matthew Taylor and Paul Lewis [http://www.guardian.co.uk/uk/2009/apr/20/police-intelligence-e-on-berr Secret police intelligence was given to E.ON before planned demo] ''The Guardian'', Comment is Free. 20th April, 2009. Accessed 13/05/10</ref> <br />
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E.ON was accused of exaggerating claims in the media about the potential threat posed by climate protests. It claimed that 300,000 homes could be affected if the demo entered the power station, when in fact operations had already been stopped by E.ON and power was available from the rest of the grid.<ref>George Monbiot [http://www.guardian.co.uk/commentisfree/2009/apr/20/energy-police Allies against democracy] ''The Guardian'', Comment is Free. 20 April, 2009. Accessed 13/05/10</ref><br />
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===Spying on environmental activists===<br />
E.ON was also caught out hiring private security firm, [[Vericola]], to spy on environmental activists. According to ''the Guardian'':<br />
:E.ON said it had hired Vericola and another security firm, [[Global Open]], on an "ad hoc" basis as its executives wanted to know when environmentalists were going to demonstrate at or invade its power stations and other premises, as they had done in the past. The [[E.ON]] spokesman said it asked [[Vericola]] only for publicly available information and if Todd (CEO of [[Vericola]]) and her colleagues had obtained private information, they had done so "under their own steam". <br />
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Two other energy companies which had used Vericola's services, [[SRG]] and [[Scottish Power]], did not comment. <ref> Rob Evans and Paul Lewis, [http://www.guardian.co.uk/environment/2011/feb/14/energy-firms-activists-intelligence-gathering Revealed: how energy firms spy on environmental activists] ''The Guardian'', 14 February 2011.</ref><br />
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==E.ON’s teaching packs for schools==<br />
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E.ON is engaged in “a major new programme” to produce and promote teaching packs for schools. Designed to support the geography and science curricula for young people aged 5-16 in England, Scotland and Wales, the E.ON Energy Experience, according to the website “doesn't tell young people about energy, it allows them to experience it”. <ref>[http://www.eon-uk.com/energyexperience/ E.ON Energy Experience], undated, accessed July 2012.</ref> One activity encourages children to debate the motion: ‘Our class believes that nuclear is the right choice to meet the UK’s energy needs in the 21st century.’ Teachers can download an ‘activity card’<ref>[http://www.eon-uk.com/EnergyExperience/eeAssets/worldPDF/Energy_World_activity_card_6.pdf Eon website], undated, accessed August 2012. </ref> to help them plan a lesson on the nuclear power debate. While the teaching pack website<ref>[http://www.eon-uk.com/EnergyExperience/918.htm Eon website: Energy World: Notes on a Nuclear Future], undated, accessed August 2012.</ref> has broken links to [[Greenpeace]] and the [[World Nuclear Association]] it also points students towards coverage of the [[Chernobyl]] disaster.<br />
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==PR and lobbying==<br />
*[[Lexington Communications]] - lists E.On UK as a public affairs client from December 2011 to May 2012 <ref>Association of Professional Political Consultants: [http://www.appc.org.uk/en/register/current-register.cfm/lexington-communications Register Entry, 1 Mar 2012 - 31st May 2012] accessed August 2012.</ref><ref name="Political">Association of Professional Political Consultants, Register Entry, 1 Dec 2011 - 29 Feb 2012</ref><br />
*[[PPS Group]]- lists E.ON Rampion (windpower) as a public affairs client from December 2011 to May 2012 <ref>Association of Professional Political Consultants [http://www.appc.org.uk/en/register/current-register.cfm/pps-group Register Entry for 1 March 2012 to 31 May 2012], accessed August 2012, APPC Register 1 Dec 2011 - 29 Feb 2012, accessed June 2012</ref> <br />
* [[Cherton Enterprise]] - lists E.ON’s Energy from Waste division as a client from March to May 2012 <ref>Association of Professional Political Consultants [http://www.appc.org.uk/en/register/current-register.cfm/cherton-enterprise Register Entry for 1 March 2012 to 31 May 2012], accessed August 2012.</ref> <br />
* [[Fishburn Hedges]] worked for E.ON in 2005. <ref>Association of Professional Political Consultants: [http://www.appc.org.uk/registers/APPC_register_Dec04-May05.pdf Register of members and clients Dec 04-May 05 (pdf file)] (no longer online) and [http://www.appc.org.uk/registers/APPC_register_June05-Nov05.pdf Register of members and clients June-Nov 05 (pdf file)](no longer online).</ref><br />
* [[Ecuity Consulting]] - lists E.ON as a client – this will be in connection to their membership of the Micropower Council and promotion of Micro-CHP and small-scale renewables. <ref> Association of Professional Political Consultants [http://www.appc.org.uk/en/register/current-register.cfm/jds-associates Register Entry for 1 March 2012 to 31 May 2012], accessed August 2012.</ref><br />
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==Who runs E.ON UK?==<br />
E.ON UK's website provides a list of its senior executives: <ref> [http://www.eon-uk.com/about/board.aspx E.ON UK website, 'Board'] accessed July 2012. </ref> <br />
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*[[Tony Cocker]], Chief Executive. He started working for E.ON (then [[Powergen) in 1997 previously worked for Bass plc and for the LEK Partnership.<br />
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*[[Don Leiper]] is Director of New Business for E.ON Energy Solutions. He first joined the energy industry with East Midlands Electricity (later becoming part of Powergen) in 1992 after previously qualifying as a Chartered Accountant and working for a London-based accountancy firm.<br />
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*[[Jeremy Davies]] is Marketing Director of E.ON Energy Solutions. He previously worked for [[Abbey]].<br />
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*[[David Bird]] is Customer Service Director for E.ON UK. He joined the company in July 2009. Prior to his role with E.ON, David spent five years as Customer Service Director at National Express.<br />
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*[[Maria Antoniou]] joined the company as HR Director in September 2008 from [[Transport for London]] where she had been Group HR Director for just under two years.<br />
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*[[Fiona Stark]] is Director of Corporate Affairs. She joined the company in 1989.<br />
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*[[Sue LaVerne]] is Managing Director of Business Services. <br />
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*[[Anthony Ainsworth]] is Sales Director of E.ON UK. He joined the company in February 2012 from Avis UK. <br />
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*[[Sara Vaughan]] is Director of Strategy & Regulation at E.ON UK. A lawyer by background, she joined Powergen (as it then was) from [[Slaughter and May]] in 1997.<br />
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==Affiliations==<br />
* E.ON is a member of the [[UK Business Council for Sustainable Energy]] and the [[Associate Parliamentary Renewable and Sustainable Energy Group]] <ref> [http://www.publications.parliament.uk/pa/cm/cmallparty/register/memi485.htm House of Commons - Register of All-Party Groups], accessed July 2010 </ref><br />
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==Notes==<br />
<references/><br />
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==Resources==<br />
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For further information, see relevant SourceWatch page [http://www.sourcewatch.org/index.php?title=EON E.ON]<br />
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[[Category:Civil nuclear industry]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Nuclear Spin]]<br />
[[Category:Climate: Energy Industry]]<br />
[[Category:Climate Change]]</div>Peter Rochehttps://powerbase.info/index.php?title=E.ON&diff=175570E.ON2012-09-03T09:35:09Z<p>Peter Roche: /* Coal and carbon capture and storage in the UK */</p>
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<div>{{Template:NuclearSpin}}<br />
{{NuclearNavbar}}<br />
{{Template:Climate badge}}<br />
<br />
==Background==<br />
'''E.ON''' is an international energy company, headquartered in Germany, with interests in Europe, Russia and the US. <ref>[http://www.eon.com/en/about-us/profile.html E.ON website: 'Who we are: An overview'], undated, accessed August, 2012.</ref><br />
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It operates nuclear power stations in Germany and Sweden.<ref>[http://www.eon.com/content/dam/eon-com/en/downloads/e/E.ON_2011_Annual_Report.pdf E.ON Annual Report 2011], See page 133, para 2, accessed July, 2012. See also [http://www.eon.com/en/business-areas/power-generation/nuclear/nuclear-in-the-energy-mix.html E.ON website: 'Nuclear Power in the Energy Mix'], undated, accessed July, 2012.</ref><br />
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E.ON UK is the second largest electricity generator in the UK, and a leading energy supplier with around eight million electricity and gas customer accounts. Through its retail business, [[E.ON Energy Solutions]], it supplies energy to homes as well as small-medium-enterprises and industrial customers across the country. <ref> [http://www.eon.com/en/about-us/structure/regional-units.html E.ON website: 'Regional Units: United Kingdom], undated, accessed August 2012 </ref><br />
<br />
E.ON UK operates 10 coal, gas and oil-fired power stations which generate around 10 per cent of the UK's electricity. It also operates up to 20 wind farms, an extensive biomass co-firing programme and one of the UK’s largest dedicated biomass power stations. It is building the world’s largest offshore wind farm, the London Array in the Thames Estuary. It also has 13 large-scale Combined Heat and Power plants across the UK. <ref> [http://www.eon-uk.com/about/generation.aspx E.ON UK website: 'Generation'], undated, accessed August 2012 </ref><br />
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==E.ON's nuclear power stations== <br />
===Germany===<br />
Two of E.ON’s nuclear power stations in Germany were closed down in March 2011 following the [[Fukushima]] accident in Japan. These were Unterweser <ref> [http://www.eon-kernkraft.com/pages/ekk_en/Nuclear_Power_Plants/Locations/Kernkraftwerk_Unterweser/index.htm E.ON website: 'Kernkraftwerk Unterweser'], undated, accessed August 2012 </ref> and Isar-1. <ref> [http://www.eon-kernkraft.com/pages/ekk_en/Nuclear_Power_Plants/Locations/Kernkraftwerk_Isar/index.htm E.ON website: 'Kernkraftwerk Isar'], undated, E.ON website accessed August 2012. </ref> Two other stations, Wuergassen and Stade, had previously been withdrawn from service for commercial reasons in 1994 <ref> [http://www.eon-kernkraft.com/pages/ekk_en/Nuclear_Power_Plants/Locations/Kernkraftwerk_Wuergassen/index.htm E.ON website: 'Kernkraftwerk Wuergassen'], undated, accessed August 2012</ref> and November 2003 respectively. <ref> [http://www.eon-kernkraft.com/pages/ekk_en/Nuclear_Power_Plants/Locations/Kernkraftwerk_Stade/index.htm E.ON website: 'Kernkraftwerk Stade'], undated accessed August 2012 </ref> <br />
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This leaves E.ON with operational responsibility for four German nuclear reactors. According to Germany's nuclear phase-out these must be withdrawn from service by 31 December of the year indicated: Grafenrheinfeld (2015), Brokdorf (2021), Grohnde (2021), Isar 2 (2022). <ref> [http://www.eon.com/en/business-areas/power-generation/nuclear/current-information.html E.ON website: 'Current Information] undated, E.ON website accessed August 2012 </ref><br />
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E.ON owns 100 per cent of Unterweser, Isar-1 and Grafenrfeinfeld, 80 per cent of Brockdorf ([[Vattenfall]] owns 20 per cent) <ref> [http://www.world-nuclear.org/info/inf43.html Nuclear Power in Germany], World Nuclear Association, July 2012, accessed August 2012.</ref>; 83.3 per cent of Grohnde (Stadtwerke Bielefeld owns 16.7 per cent) <ref> [http://www.eon-kernkraft.com/pages/ekk_en/Nuclear_Power_Plants/Locations/Gemeinschaftskernkraftwerk_Grohnde/index.htm E.ON website: 'Gemeinschaftskernkraftwerk Grohnde'], undated, accessed August 2012.</ref> and 75 per cent of Isar-2 (25% owned by Stadtwerke München). <ref> [http://www.eon-kernkraft.com/pages/ekk_en/Nuclear_Power_Plants/Locations/Kernkraftwerk_Isar/index.htm E.ON website: Kernkraftwerk Isar], undated, accessed August 2012. </ref><br />
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In addition, E.ON has equity in the following nuclear plants: Kruemmel 50 per cent (shutdown); Brunsbuettel 33.3 per cent (shutdown); Gundremmingen B& C 25 per cent (closing 2012 and 2012); Emsland 12.5 per cent (closing 2022). <ref> [http://www.world-nuclear.org/info/inf43.html Nuclear Power in Germany], World Nuclear Association, July 2012, accessed August 2012.</ref><br />
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===Sweden===<br />
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E.ON operates and has a majority stake (54.5 per cent) in [[OKG]], which has three reactors at Oskarshamn, 29.6 per cent of the Ringhals nuclear power plant which has four reactors, and 8.5 per cent of the Forsmark nuclear plant, which has three reactors. <ref> [http://world-nuclear.org/info/inf42.html 'Nuclear Power in Sweden'], World Nuclear Association, June 2012, accessed August 2012. Also see [http://www.eon.com/content/dam/eon-com/de/downloads/f/Facts_and_Figures_2012_-_March_2012.pdf E.ON Fact and Figures], March 2012, E.ON website, accessed August 2012. See page 7.</ref><br />
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===Finland===<br />
<br />
In June 2007, E.ON joined a consortium of 70 industrial and energy companies to establish a joint venture company – [[Fennovoima Oy]] – to construct a new nuclear power plant in Finland. In January 2009, Fennovoima submitted its application to the government for a decision-in-principle, which was granted in May 2010. In October 2011 the company chose a site on the Hanhikivi peninsula on the coast of Bothnian Bay. E.ON is the lead member of the consortium with a 34 per cent share. The Hanhikivi 1 plant would be an EPR or Toshiba's version of the Advanced Boiling Water Reactor (ABWR). Work had been expected to start in 2012, but has now been delayed two years to 2014. <ref>[http://world-nuclear.org/info/inf76.html Nuclear Power in Finland], World Nuclear Association, April 2012, accessed August 2012. </ref><br />
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===United Kingdom===<br />
<br />
In January 2009 E.ON UK formed a joint venture with [[RWE]] npower, called [[Horizon Nuclear Power]], with the aim of developing up to 6600 MW of new nuclear power station capacity at Wylfa on Anglesey and Oldbury in Gloucestershire. <ref>[http://www.horizonnuclearpower.com/ Horizon Nuclear Power website], undated, accessed August 2012.</ref> Three years later, following the conclusion of separate strategic reviews in March 2012, both E.ON and RWE announced their intention to withdraw from UK nuclear and seek new owners for Horizon. <ref>[http://www.horizonnuclearpower.com/files/downloads/e_on%20press%20release.pdf E.ON Press Release] 29 March 2012</ref> <br />
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In July 2012 it emerged that E.ON had colluded with government officials to soften the impact of their withdrawal from Horizon on the UK’s new nuclear programme. <ref>Rob Edwards, [http://www.guardian.co.uk/environment/2012/jul/19/emails-nuclear-power Emails reveal UK Government's moves to protect nuclear power from bad news], Guardian, 19th July 2012, accessed July 2012 </ref><br />
<br />
===='Environmentally friendly’ nuclear power====<br />
<br />
When E.ON announced the RWE joint venture, group chief executive Dr [[Wulf Bernotat]] described nuclear power “as a carbon dioxide free energy resource” and “one of the most efficient ways to produce energy while protecting the climate from CO2 ... a reliable and low carbon source of electricity.” <ref>[http://www.eon.com/en/media/news/press-releases/2009/1/14/e-dot-on-and-rwe-form-joint-venture-to-build-uk-nuclear-power-stations.html E.ON Press Release] 14 January 2009.</ref><br />
<br />
So, in common with other energy companies, E.ON has repositioned nuclear as a green form of power.<br />
<br />
==Coal and carbon capture and storage in the UK==<br />
<br />
In December 2006, E.ON submitted a planning application to build the UK’s first coal-fired power station for 20 years at Kingsnorth in Kent. <ref>[http://www.eon-uk.com/libraries/uk/images/Kingsnorth_press_release_11_12_06.pdf E.ON Press Release], 11th December 2006.</ref> After two years of protests against its plans, it quietly announced on its website on 7 October 2009 that it was shelving the project, blaming a dramatic fall in energy demand which it said made Kingsnorth redundant. It said it would reconsider in two or three years and could go ahead if energy prices recovered. <ref>Webb,T and Jha, A [http://www.guardian.co.uk/environment/2009/oct/08/kingsnorth-eon-pulls-out-plan Siege of Kingsnorth declared over as E.ON pulls out of plan for coal power plant], Guardian, 8 October 2009.</ref><br />
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A year later the company said it was pulling Kingsnorth out of the government's carbon capture and storage competition, because it could not meet competition timescales. Dr [[Paul Golby]], chief executive of E.ON UK said because they had postponed building the new power station it would have no plant on which to build a carbon capture and storage facility. <ref>[http://pressreleases.eon-uk.com/blogs/eonukpressreleases/archive/2010/10/20/1628.aspx E.ON Press Release] 20 October 2010.</ref><br />
<br />
On 23rd August 2012, E.ON declared that it would not build any more coal or gas-fired plant in Western Europe until at least 2020. <ref> [http://in.reuters.com/article/2012/08/23/germany-power-eon-idINL6E8JNF8B20120823 E.ON drops gas/coal plant building in W.Europe-company] Reuters 23rd Augugust 2012, accessed 3rd September 2012. </ref><br />
<br />
===Dictating government guidelines on Kingsnorth=== <br />
In April 2009 leaked emails revealed that E.ON was dictating government guidelines on the need for carbon capture and storage (CCS) on the proposed new coal plant at Kingsnorth. The emails showed a civil servant from the [[Department of Business]] writing to E.ON asking whether they should include a condition that CCS would be in place. E.ON responded that the secretary of state "has no right to withhold approval for conventional plant" and the civil servant ([[Gary Mohammed]]) agreed immediately that he would not include CCS as a condition. <ref>George Monbiot, [http://www.guardian.co.uk/commentisfree/2009/apr/20/energy-police Allies against democracy] The Guardian, Comment is Free. 20 April, 2009. Accessed 13/05/10 </ref><br />
<br />
===Given police intelligence on climate protesters=== <br />
In the same month it was also revealed that police intelligence on [[Climate Camp]] protesters at Kingsnorth, including their names and whereabouts, was passed to E.ON by government officials. This led to claims that policing was partisan, colluding with the energy companies to quash protest. The freedom of information (FOI) request by the [[Liberal Democrats]] also showed that the [[Department of Business, Enterprise and Regulatory Reform]] (BERR) had shared strategy and planning documents with E.ON, and attempted to coordinate their media strategies before the demo. Many sections of the FOI response, which was initially refused but released on appeal, were blacked out.<ref>Matthew Taylor and Paul Lewis [http://www.guardian.co.uk/uk/2009/apr/20/police-intelligence-e-on-berr Secret police intelligence was given to E.ON before planned demo] ''The Guardian'', Comment is Free. 20th April, 2009. Accessed 13/05/10</ref> <br />
<br />
E.ON was accused of exaggerating claims in the media about the potential threat posed by climate protests. It claimed that 300,000 homes could be affected if the demo entered the power station, when in fact operations had already been stopped by E.ON and power was available from the rest of the grid.<ref>George Monbiot [http://www.guardian.co.uk/commentisfree/2009/apr/20/energy-police Allies against democracy] ''The Guardian'', Comment is Free. 20 April, 2009. Accessed 13/05/10</ref><br />
<br />
===Spying on environmental activists===<br />
E.ON was also caught out hiring private security firm, [[Vericola]], to spy on environmental activists. According to ''the Guardian'':<br />
:E.ON said it had hired Vericola and another security firm, [[Global Open]], on an "ad hoc" basis as its executives wanted to know when environmentalists were going to demonstrate at or invade its power stations and other premises, as they had done in the past. The [[E.ON]] spokesman said it asked [[Vericola]] only for publicly available information and if Todd (CEO of [[Vericola]]) and her colleagues had obtained private information, they had done so "under their own steam". <br />
<br />
Two other energy companies which had used Vericola's services, [[SRG]] and [[Scottish Power]], did not comment. <ref> Rob Evans and Paul Lewis, [http://www.guardian.co.uk/environment/2011/feb/14/energy-firms-activists-intelligence-gathering Revealed: how energy firms spy on environmental activists] ''The Guardian'', 14 February 2011.</ref><br />
<br />
==E.ON’s teaching packs for schools==<br />
<br />
E.ON is engaged in “a major new programme” to produce and promote teaching packs for schools. Designed to support the geography and science curricula for young people aged 5-16 in England, Scotland and Wales, the E.ON Energy Experience, according to the website “doesn't tell young people about energy, it allows them to experience it”. <ref>[http://www.eon-uk.com/energyexperience/ E.ON Energy Experience], undated, accessed July 2012.</ref> One activity encourages children to debate the motion: ‘Our class believes that nuclear is the right choice to meet the UK’s energy needs in the 21st century.’ Teachers can download an ‘activity card’<ref>[http://www.eon-uk.com/EnergyExperience/eeAssets/worldPDF/Energy_World_activity_card_6.pdf Eon website], undated, accessed August 2012. </ref> to help them plan a lesson on the nuclear power debate. While the teaching pack website<ref>[http://www.eon-uk.com/EnergyExperience/918.htm Eon website: Energy World: Notes on a Nuclear Future], undated, accessed August 2012.</ref> has broken links to [[Greenpeace]] and the [[World Nuclear Association]] it also points students towards coverage of the [[Chernobyl]] disaster.<br />
<br />
==PR and lobbying==<br />
*[[Lexington Communications]] - lists E.On UK as a public affairs client from December 2011 to May 2012 <ref>Association of Professional Political Consultants: [http://www.appc.org.uk/en/register/current-register.cfm/lexington-communications Register Entry, 1 Mar 2012 - 31st May 2012] accessed August 2012.</ref><ref name="Political">Association of Professional Political Consultants, Register Entry, 1 Dec 2011 - 29 Feb 2012</ref><br />
*[[PPS Group]]- lists E.ON Rampion (windpower) as a public affairs client from December 2011 to May 2012 <ref>Association of Professional Political Consultants [http://www.appc.org.uk/en/register/current-register.cfm/pps-group Register Entry for 1 March 2012 to 31 May 2012], accessed August 2012, APPC Register 1 Dec 2011 - 29 Feb 2012, accessed June 2012</ref> <br />
* [[Cherton Enterprise]] - lists E.ON’s Energy from Waste division as a client from March to May 2012 <ref>Association of Professional Political Consultants [http://www.appc.org.uk/en/register/current-register.cfm/cherton-enterprise Register Entry for 1 March 2012 to 31 May 2012], accessed August 2012.</ref> <br />
* [[Fishburn Hedges]] worked for E.ON in 2005. <ref>Association of Professional Political Consultants: [http://www.appc.org.uk/registers/APPC_register_Dec04-May05.pdf Register of members and clients Dec 04-May 05 (pdf file)] (no longer online) and [http://www.appc.org.uk/registers/APPC_register_June05-Nov05.pdf Register of members and clients June-Nov 05 (pdf file)](no longer online).</ref><br />
* [[Ecuity Consulting]] - lists E.ON as a client – this will be in connection to their membership of the Micropower Council and promotion of Micro-CHP and small-scale renewables. <ref> Association of Professional Political Consultants [http://www.appc.org.uk/en/register/current-register.cfm/jds-associates Register Entry for 1 March 2012 to 31 May 2012], accessed August 2012.</ref><br />
<br />
==Who runs E.ON UK?==<br />
E.ON UK's website provides a list of its senior executives: <ref> [http://www.eon-uk.com/about/board.aspx E.ON UK website, 'Board'] accessed July 2012. </ref> <br />
<br />
*[[Tony Cocker]], Chief Executive. He started working for E.ON (then [[Powergen) in 1997 previously worked for Bass plc and for the LEK Partnership.<br />
<br />
*[[Don Leiper]] is Director of New Business for E.ON Energy Solutions. He first joined the energy industry with East Midlands Electricity (later becoming part of Powergen) in 1992 after previously qualifying as a Chartered Accountant and working for a London-based accountancy firm.<br />
<br />
*[[Jeremy Davies]] is Marketing Director of E.ON Energy Solutions. He previously worked for [[Abbey]].<br />
<br />
*[[David Bird]] is Customer Service Director for E.ON UK. He joined the company in July 2009. Prior to his role with E.ON, David spent five years as Customer Service Director at National Express.<br />
<br />
*[[Maria Antoniou]] joined the company as HR Director in September 2008 from [[Transport for London]] where she had been Group HR Director for just under two years.<br />
<br />
*[[Fiona Stark]] is Director of Corporate Affairs. She joined the company in 1989.<br />
<br />
*[[Sue LaVerne]] is Managing Director of Business Services. <br />
<br />
*[[Anthony Ainsworth]] is Sales Director of E.ON UK. He joined the company in February 2012 from Avis UK. <br />
<br />
*[[Sara Vaughan]] is Director of Strategy & Regulation at E.ON UK. A lawyer by background, she joined Powergen (as it then was) from [[Slaughter and May]] in 1997.<br />
<br />
==Affiliations==<br />
* E.ON is a member of the [[UK Business Council for Sustainable Energy]] and the [[Associate Parliamentary Renewable and Sustainable Energy Group]] <ref> [http://www.publications.parliament.uk/pa/cm/cmallparty/register/memi485.htm House of Commons - Register of All-Party Groups], accessed July 2010 </ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
==Resources==<br />
<br />
For further information, see relevant SourceWatch page [http://www.sourcewatch.org/index.php?title=EON E.ON]<br />
<br />
[[Category:Civil nuclear industry]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Nuclear Spin]]<br />
[[Category:Climate: Energy Industry]]<br />
[[Category:Climate Change]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175205Iberdrola2012-08-29T14:55:28Z<p>Peter Roche: /* A Merger Made on the Wind? */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed 29th August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed 29th August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed 29th August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012, accessed 29th August 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed 29th August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed 29th August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed 29th August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed 29th August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed 29th August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012, accessed 29th August 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed 29th August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONEMPGRANEMP Iberdrola website], accessed 29th August 2012.</ref><br />
<br />
The company’s renewable capacity exceeded 14,000MW in early 2012. Iberdrola says it is a leader in the wind power sector in Spain and the United Kingdom, holds second place in the United States of America, and has facilities in Brazil, Mexico, Germany, Portugal, Italy, France, and various countries of Eastern Europe. <ref> [https://www.iberdrola.es/webibd/gc/prod/en/doc/IA_InformeAnual2011.pdf Iberdrola Annual Report 2011] accessed 29th August 2012.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it bought the Scottish Utility, [[Scottish Power]]. Scottish Power also said its vision was to be a world leader in renewables. ScottishPower Renewables became the first UK developer to reach an installed generating capacity of 1,000 MW in 2011. With a pipeline including 10,000 MW of offshore wind, and the 10 MW world-first tidal energy array in the Sound of Islay, ScottishPower Renewables is one of the UK’s leading renewable energy developers. <ref> [http://www.scottishpowerrenewables.com/pages/about_us.asp Scottish Power Renewables website], accessed 29th August 2012. </ref><br />
<br />
Scottish Power did not demonstrate any great enthusiasm for new nuclear reactors in Scotland. It was reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company went on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
In October 2011 Scottish Power received planning consent for a new 1000MW Combined Cycle Gas Turbine power station on the site of the existing Cockenzie coal power plant, in East Lothian. <ref> [http://www.scottishpower.com/PressReleases_2225.htm Scottish Power Press Release] 5th October 2011, accessed August 2012. </ref> The current coal power station is reaching the end of its operational life and will close in March 2013. <ref> [http://www.scottishpower.com/PressReleases_2311.htm Scottish Power Press Release] 15th March 2012, accessed 29th August 2012 </ref><br />
<br />
Scottish Power also owns and runs Longannet in Fife, Longannet, which is the UK's second largest coal-fired power station and Europe's third largest, and among the biggest polluters in the country. It has a capacity of 2,400MW and emits between seven million and eight million tonnes of carbon dioxide (CO2) a year. Plans for the UK's first carbon capture and storage facility at Longannet were dropped in October 2011. According to the Energy Secretary at the time, Chris Huhne, the length of pipeline needed to take the CO2 to the undersea reservoirs made the Longannet scheme "unviable". <ref> [http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-15371258 Longannet carbon capture scheme scrapped], BBC 19th October 2011, accessed 29th August 2012. </ref><br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company was committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine said Scottish Power would fit well with Iberdrola. Scottish Power already had 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operated cogeneration power plants and wind farms. Iberdrola had already acquired two wind farms in Britain in 2006, and signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> <br />
<br />
At the time of the merger it was reported that ACS, one of the world's largest building and services groups, was trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref> In April 2012 ACS sold a 3.7 percent stake in Iberdrola triggering speculation that the builder was reversing its initial strategy to gain control of the utility. Then in July ACS signed a three-year deal with Societe Generale to refinance a loan it used to buy part of a 14.85 percent stake in Iberdrola. ACS, headed by self-made billionaire Florentino Perez who also runs soccer club Real Madrid, said it will take a decision on the future of its investment in Iberdrola in three years' time. <ref> [http://www.reuters.com/article/2012/07/13/us-acs-debt-idUSBRE86C0YH20120713 ACS refinancing deal provides some Iberdrola relief], Reuters 13th July 2012, accessed 29th August 2012. </ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175203Iberdrola2012-08-29T14:54:53Z<p>Peter Roche: /* Scottish Power */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed 29th August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed 29th August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed 29th August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012, accessed 29th August 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed 29th August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed 29th August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed 29th August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed 29th August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed 29th August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012, accessed 29th August 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed 29th August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONEMPGRANEMP Iberdrola website], accessed 29th August 2012.</ref><br />
<br />
The company’s renewable capacity exceeded 14,000MW in early 2012. Iberdrola says it is a leader in the wind power sector in Spain and the United Kingdom, holds second place in the United States of America, and has facilities in Brazil, Mexico, Germany, Portugal, Italy, France, and various countries of Eastern Europe. <ref> [https://www.iberdrola.es/webibd/gc/prod/en/doc/IA_InformeAnual2011.pdf Iberdrola Annual Report 2011] accessed 29th August 2012.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it bought the Scottish Utility, [[Scottish Power]]. Scottish Power also said its vision was to be a world leader in renewables. ScottishPower Renewables became the first UK developer to reach an installed generating capacity of 1,000 MW in 2011. With a pipeline including 10,000 MW of offshore wind, and the 10 MW world-first tidal energy array in the Sound of Islay, ScottishPower Renewables is one of the UK’s leading renewable energy developers. <ref> [http://www.scottishpowerrenewables.com/pages/about_us.asp Scottish Power Renewables website], accessed 29th August 2012. </ref><br />
<br />
Scottish Power did not demonstrate any great enthusiasm for new nuclear reactors in Scotland. It was reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company went on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
In October 2011 Scottish Power received planning consent for a new 1000MW Combined Cycle Gas Turbine power station on the site of the existing Cockenzie coal power plant, in East Lothian. <ref> [http://www.scottishpower.com/PressReleases_2225.htm Scottish Power Press Release] 5th October 2011, accessed August 2012. </ref> The current coal power station is reaching the end of its operational life and will close in March 2013. <ref> [http://www.scottishpower.com/PressReleases_2311.htm Scottish Power Press Release] 15th March 2012, accessed 29th August 2012 </ref><br />
<br />
Scottish Power also owns and runs Longannet in Fife, Longannet, which is the UK's second largest coal-fired power station and Europe's third largest, and among the biggest polluters in the country. It has a capacity of 2,400MW and emits between seven million and eight million tonnes of carbon dioxide (CO2) a year. Plans for the UK's first carbon capture and storage facility at Longannet were dropped in October 2011. According to the Energy Secretary at the time, Chris Huhne, the length of pipeline needed to take the CO2 to the undersea reservoirs made the Longannet scheme "unviable". <ref> [http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-15371258 Longannet carbon capture scheme scrapped], BBC 19th October 2011, accessed 29th August 2012. </ref><br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company was committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine said Scottish Power would fit well with Iberdrola. Scottish Power already had 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operated cogeneration power plants and wind farms. Iberdrola had already acquired two wind farms in Britain in 2006, and signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> <br />
<br />
At the time of the merger it was reported that ACS, one of the world's largest building and services groups, was trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref> In April 2012 ACS sold a 3.7 percent stake in Iberdrola triggering speculation that the builder was reversing its initial strategy to gain control of the utility. Then in July ACS signed a three-year deal with Societe Generale to refinance a loan it used to buy part of a 14.85 percent stake in Iberdrola. ACS, headed by self-made billionaire Florentino Perez who also runs soccer club Real Madrid, said it will take a decision on the future of its investment in Iberdrola in three years' time. <ref> [http://www.reuters.com/article/2012/07/13/us-acs-debt-idUSBRE86C0YH20120713 ACS refinancing deal provides some Iberdrola relief], Reuters 13th July 2012, accessed August 2012. </ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175202Iberdrola2012-08-29T14:53:59Z<p>Peter Roche: /* Renewable Expansion */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed 29th August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed 29th August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed 29th August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012, accessed 29th August 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed 29th August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed 29th August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed 29th August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed 29th August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed 29th August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012, accessed 29th August 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed 29th August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONEMPGRANEMP Iberdrola website], accessed 29th August 2012.</ref><br />
<br />
The company’s renewable capacity exceeded 14,000MW in early 2012. Iberdrola says it is a leader in the wind power sector in Spain and the United Kingdom, holds second place in the United States of America, and has facilities in Brazil, Mexico, Germany, Portugal, Italy, France, and various countries of Eastern Europe. <ref> [https://www.iberdrola.es/webibd/gc/prod/en/doc/IA_InformeAnual2011.pdf Iberdrola Annual Report 2011] accessed 29th August 2012.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it bought the Scottish Utility, [[Scottish Power]]. Scottish Power also said its vision was to be a world leader in renewables. ScottishPower Renewables became the first UK developer to reach an installed generating capacity of 1,000 MW in 2011. With a pipeline including 10,000 MW of offshore wind, and the 10 MW world-first tidal energy array in the Sound of Islay, ScottishPower Renewables is one of the UK’s leading renewable energy developers. <ref> [http://www.scottishpowerrenewables.com/pages/about_us.asp Scottish Power Renewables website], accessed August 2012. </ref><br />
<br />
Scottish Power did not demonstrate any great enthusiasm for new nuclear reactors in Scotland. It was reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company went on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
In October 2011 Scottish Power received planning consent for a new 1000MW Combined Cycle Gas Turbine power station on the site of the existing Cockenzie coal power plant, in East Lothian. <ref> [http://www.scottishpower.com/PressReleases_2225.htm Scottish Power Press Release] 5th October 2011, accessed August 2012. </ref> The current coal power station is reaching the end of its operational life and will close in March 2013. <ref> [http://www.scottishpower.com/PressReleases_2311.htm Scottish Power Press Release] 15th March 2012, accessed August 2012 </ref><br />
<br />
Scottish Power also owns and runs Longannet in Fife, Longannet, which is the UK's second largest coal-fired power station and Europe's third largest, and among the biggest polluters in the country. It has a capacity of 2,400MW and emits between seven million and eight million tonnes of carbon dioxide (CO2) a year. Plans for the UK's first carbon capture and storage facility at Longannet were dropped in October 2011. According to the Energy Secretary at the time, Chris Huhne, the length of pipeline needed to take the CO2 to the undersea reservoirs made the Longannet scheme "unviable". <ref> [http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-15371258 Longannet carbon capture scheme scrapped], BBC 19th October 2011, accessed August 2012. </ref><br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company was committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine said Scottish Power would fit well with Iberdrola. Scottish Power already had 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operated cogeneration power plants and wind farms. Iberdrola had already acquired two wind farms in Britain in 2006, and signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> <br />
<br />
At the time of the merger it was reported that ACS, one of the world's largest building and services groups, was trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref> In April 2012 ACS sold a 3.7 percent stake in Iberdrola triggering speculation that the builder was reversing its initial strategy to gain control of the utility. Then in July ACS signed a three-year deal with Societe Generale to refinance a loan it used to buy part of a 14.85 percent stake in Iberdrola. ACS, headed by self-made billionaire Florentino Perez who also runs soccer club Real Madrid, said it will take a decision on the future of its investment in Iberdrola in three years' time. <ref> [http://www.reuters.com/article/2012/07/13/us-acs-debt-idUSBRE86C0YH20120713 ACS refinancing deal provides some Iberdrola relief], Reuters 13th July 2012, accessed August 2012. </ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175201Iberdrola2012-08-29T14:53:17Z<p>Peter Roche: /* Nuclear Mexico */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed 29th August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed 29th August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed 29th August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012, accessed 29th August 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed 29th August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed 29th August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed 29th August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed 29th August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed 29th August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012, accessed 29th August 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed 29th August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONEMPGRANEMP Iberdrola website], accessed August 2012.</ref><br />
<br />
The company’s renewable capacity exceeded 14,000MW in early 2012. Iberdrola says it is a leader in the wind power sector in Spain and the United Kingdom, holds second place in the United States of America, and has facilities in Brazil, Mexico, Germany, Portugal, Italy, France, and various countries of Eastern Europe. <ref> [https://www.iberdrola.es/webibd/gc/prod/en/doc/IA_InformeAnual2011.pdf Iberdrola Annual Report 2011] accessed August 2012.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it bought the Scottish Utility, [[Scottish Power]]. Scottish Power also said its vision was to be a world leader in renewables. ScottishPower Renewables became the first UK developer to reach an installed generating capacity of 1,000 MW in 2011. With a pipeline including 10,000 MW of offshore wind, and the 10 MW world-first tidal energy array in the Sound of Islay, ScottishPower Renewables is one of the UK’s leading renewable energy developers. <ref> [http://www.scottishpowerrenewables.com/pages/about_us.asp Scottish Power Renewables website], accessed August 2012. </ref><br />
<br />
Scottish Power did not demonstrate any great enthusiasm for new nuclear reactors in Scotland. It was reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company went on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
In October 2011 Scottish Power received planning consent for a new 1000MW Combined Cycle Gas Turbine power station on the site of the existing Cockenzie coal power plant, in East Lothian. <ref> [http://www.scottishpower.com/PressReleases_2225.htm Scottish Power Press Release] 5th October 2011, accessed August 2012. </ref> The current coal power station is reaching the end of its operational life and will close in March 2013. <ref> [http://www.scottishpower.com/PressReleases_2311.htm Scottish Power Press Release] 15th March 2012, accessed August 2012 </ref><br />
<br />
Scottish Power also owns and runs Longannet in Fife, Longannet, which is the UK's second largest coal-fired power station and Europe's third largest, and among the biggest polluters in the country. It has a capacity of 2,400MW and emits between seven million and eight million tonnes of carbon dioxide (CO2) a year. Plans for the UK's first carbon capture and storage facility at Longannet were dropped in October 2011. According to the Energy Secretary at the time, Chris Huhne, the length of pipeline needed to take the CO2 to the undersea reservoirs made the Longannet scheme "unviable". <ref> [http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-15371258 Longannet carbon capture scheme scrapped], BBC 19th October 2011, accessed August 2012. </ref><br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company was committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine said Scottish Power would fit well with Iberdrola. Scottish Power already had 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operated cogeneration power plants and wind farms. Iberdrola had already acquired two wind farms in Britain in 2006, and signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> <br />
<br />
At the time of the merger it was reported that ACS, one of the world's largest building and services groups, was trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref> In April 2012 ACS sold a 3.7 percent stake in Iberdrola triggering speculation that the builder was reversing its initial strategy to gain control of the utility. Then in July ACS signed a three-year deal with Societe Generale to refinance a loan it used to buy part of a 14.85 percent stake in Iberdrola. ACS, headed by self-made billionaire Florentino Perez who also runs soccer club Real Madrid, said it will take a decision on the future of its investment in Iberdrola in three years' time. <ref> [http://www.reuters.com/article/2012/07/13/us-acs-debt-idUSBRE86C0YH20120713 ACS refinancing deal provides some Iberdrola relief], Reuters 13th July 2012, accessed August 2012. </ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175200Iberdrola2012-08-29T14:51:51Z<p>Peter Roche: /* A Nuclear Utility */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed 29th August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed 29th August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed 29th August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012, accessed 29th August 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed 29th August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed 29th August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed 29th August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed 29th August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed 29th August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012, accessed 29th August 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONEMPGRANEMP Iberdrola website], accessed August 2012.</ref><br />
<br />
The company’s renewable capacity exceeded 14,000MW in early 2012. Iberdrola says it is a leader in the wind power sector in Spain and the United Kingdom, holds second place in the United States of America, and has facilities in Brazil, Mexico, Germany, Portugal, Italy, France, and various countries of Eastern Europe. <ref> [https://www.iberdrola.es/webibd/gc/prod/en/doc/IA_InformeAnual2011.pdf Iberdrola Annual Report 2011] accessed August 2012.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it bought the Scottish Utility, [[Scottish Power]]. Scottish Power also said its vision was to be a world leader in renewables. ScottishPower Renewables became the first UK developer to reach an installed generating capacity of 1,000 MW in 2011. With a pipeline including 10,000 MW of offshore wind, and the 10 MW world-first tidal energy array in the Sound of Islay, ScottishPower Renewables is one of the UK’s leading renewable energy developers. <ref> [http://www.scottishpowerrenewables.com/pages/about_us.asp Scottish Power Renewables website], accessed August 2012. </ref><br />
<br />
Scottish Power did not demonstrate any great enthusiasm for new nuclear reactors in Scotland. It was reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company went on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
In October 2011 Scottish Power received planning consent for a new 1000MW Combined Cycle Gas Turbine power station on the site of the existing Cockenzie coal power plant, in East Lothian. <ref> [http://www.scottishpower.com/PressReleases_2225.htm Scottish Power Press Release] 5th October 2011, accessed August 2012. </ref> The current coal power station is reaching the end of its operational life and will close in March 2013. <ref> [http://www.scottishpower.com/PressReleases_2311.htm Scottish Power Press Release] 15th March 2012, accessed August 2012 </ref><br />
<br />
Scottish Power also owns and runs Longannet in Fife, Longannet, which is the UK's second largest coal-fired power station and Europe's third largest, and among the biggest polluters in the country. It has a capacity of 2,400MW and emits between seven million and eight million tonnes of carbon dioxide (CO2) a year. Plans for the UK's first carbon capture and storage facility at Longannet were dropped in October 2011. According to the Energy Secretary at the time, Chris Huhne, the length of pipeline needed to take the CO2 to the undersea reservoirs made the Longannet scheme "unviable". <ref> [http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-15371258 Longannet carbon capture scheme scrapped], BBC 19th October 2011, accessed August 2012. </ref><br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company was committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine said Scottish Power would fit well with Iberdrola. Scottish Power already had 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operated cogeneration power plants and wind farms. Iberdrola had already acquired two wind farms in Britain in 2006, and signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> <br />
<br />
At the time of the merger it was reported that ACS, one of the world's largest building and services groups, was trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref> In April 2012 ACS sold a 3.7 percent stake in Iberdrola triggering speculation that the builder was reversing its initial strategy to gain control of the utility. Then in July ACS signed a three-year deal with Societe Generale to refinance a loan it used to buy part of a 14.85 percent stake in Iberdrola. ACS, headed by self-made billionaire Florentino Perez who also runs soccer club Real Madrid, said it will take a decision on the future of its investment in Iberdrola in three years' time. <ref> [http://www.reuters.com/article/2012/07/13/us-acs-debt-idUSBRE86C0YH20120713 ACS refinancing deal provides some Iberdrola relief], Reuters 13th July 2012, accessed August 2012. </ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175198Iberdrola2012-08-29T14:47:29Z<p>Peter Roche: /* Background */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed 29th August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed 29th August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed 29th August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONEMPGRANEMP Iberdrola website], accessed August 2012.</ref><br />
<br />
The company’s renewable capacity exceeded 14,000MW in early 2012. Iberdrola says it is a leader in the wind power sector in Spain and the United Kingdom, holds second place in the United States of America, and has facilities in Brazil, Mexico, Germany, Portugal, Italy, France, and various countries of Eastern Europe. <ref> [https://www.iberdrola.es/webibd/gc/prod/en/doc/IA_InformeAnual2011.pdf Iberdrola Annual Report 2011] accessed August 2012.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it bought the Scottish Utility, [[Scottish Power]]. Scottish Power also said its vision was to be a world leader in renewables. ScottishPower Renewables became the first UK developer to reach an installed generating capacity of 1,000 MW in 2011. With a pipeline including 10,000 MW of offshore wind, and the 10 MW world-first tidal energy array in the Sound of Islay, ScottishPower Renewables is one of the UK’s leading renewable energy developers. <ref> [http://www.scottishpowerrenewables.com/pages/about_us.asp Scottish Power Renewables website], accessed August 2012. </ref><br />
<br />
Scottish Power did not demonstrate any great enthusiasm for new nuclear reactors in Scotland. It was reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company went on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
In October 2011 Scottish Power received planning consent for a new 1000MW Combined Cycle Gas Turbine power station on the site of the existing Cockenzie coal power plant, in East Lothian. <ref> [http://www.scottishpower.com/PressReleases_2225.htm Scottish Power Press Release] 5th October 2011, accessed August 2012. </ref> The current coal power station is reaching the end of its operational life and will close in March 2013. <ref> [http://www.scottishpower.com/PressReleases_2311.htm Scottish Power Press Release] 15th March 2012, accessed August 2012 </ref><br />
<br />
Scottish Power also owns and runs Longannet in Fife, Longannet, which is the UK's second largest coal-fired power station and Europe's third largest, and among the biggest polluters in the country. It has a capacity of 2,400MW and emits between seven million and eight million tonnes of carbon dioxide (CO2) a year. Plans for the UK's first carbon capture and storage facility at Longannet were dropped in October 2011. According to the Energy Secretary at the time, Chris Huhne, the length of pipeline needed to take the CO2 to the undersea reservoirs made the Longannet scheme "unviable". <ref> [http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-15371258 Longannet carbon capture scheme scrapped], BBC 19th October 2011, accessed August 2012. </ref><br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company was committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine said Scottish Power would fit well with Iberdrola. Scottish Power already had 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operated cogeneration power plants and wind farms. Iberdrola had already acquired two wind farms in Britain in 2006, and signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> <br />
<br />
At the time of the merger it was reported that ACS, one of the world's largest building and services groups, was trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref> In April 2012 ACS sold a 3.7 percent stake in Iberdrola triggering speculation that the builder was reversing its initial strategy to gain control of the utility. Then in July ACS signed a three-year deal with Societe Generale to refinance a loan it used to buy part of a 14.85 percent stake in Iberdrola. ACS, headed by self-made billionaire Florentino Perez who also runs soccer club Real Madrid, said it will take a decision on the future of its investment in Iberdrola in three years' time. <ref> [http://www.reuters.com/article/2012/07/13/us-acs-debt-idUSBRE86C0YH20120713 ACS refinancing deal provides some Iberdrola relief], Reuters 13th July 2012, accessed August 2012. </ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Westinghouse_Electric_Company&diff=175197Westinghouse Electric Company2012-08-29T14:45:03Z<p>Peter Roche: /* Background */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
Westinghouse Electric Company was sold by [[BNFL]] to Toshiba in October 2006. <ref> [http://onlinepressroom.net/westinghousenuclear/ Toshiba completes Westinghouse acquisition], Westinghouse Press Release 17th October 2006, accesssed 29th August 2012.</ref> The company offers a wide range of nuclear plant products and services to utilities throughout the world, including fuel, service and maintenance, instrumentation and control, and advanced nuclear plant designs. Nearly 50 percent of the nuclear power plants in operation worldwide, and nearly 60 percent in the United States, are based on Westinghouse technology. It currently employs almost 14,000 people worldwide.<ref> [http://westinghousenuclear.com/Our_Company/visions_values.shtm Vision and Values], Westinghouse website, accessed 29th August 2012.</ref><br />
<br />
Westinghouse Electric Company was acquired by BNFL in March 1999. <ref> [http://westinghousenuclear.com/Our_Company/history/Timeline/1980_1999.shtm Timeline 1980-1999], Westinghouse website, accessed August 2012. </ref> In 2000 the commercial nuclear power businesses of ABB purchased by BNFL and integrated into Westinghouse Electric Company. Then in 2006 Toshiba Corp. and its partners, The Shaw Group and IHI, acquired Westinghouse from BNFL. In 2006 Westinghouse’s AP1000 becomes the first Generation III+ pressurized water reactor to receive Design Certification from the U.S. Nuclear Regulatory Commission.<br />
<ref> [http://westinghousenuclear.com/Our_Company/history/Timeline/2000_2007.shtm Timeline 2000-2007], Westinghouse website, accessed 29th August 2012.</ref><br />
<br />
==Westinghouse in the UK==<br />
<br />
Westinghouse controls Britain's only nuclear fuel manufacturing site, [[Springfield Fuels]]. <ref>[http://www.westinghousenuclear.com/ProductLines/Nuclear_Fuel/springfields_site.shtm Springfields Fuels Limited] Westinghouse website, accessed 29th August 2012.</ref><br />
<br />
In July 2007 Westinghouse submitted its AP1000 pressurised water reactor design to the UK’s Nuclear Regulators (the Office for Nuclear Regulation (ONR) and the Environment Agency) for assessment under their Generic design assessment process (GDA). This assessment was originally due to be completed by June 2011. <ref> [https://www.ukap1000application.com/index.aspx AP1000 application website], accessed 29th August 2009.</ref><br />
<br />
In July 2011 the ONR and Environment Agency said that they expected to issue interim design acceptance confirmations (iDAC), and interim statements on design acceptability (iSODA) for the AP1000 design and the EPR by the end of the year. A list of GDA Issues would identify outstanding matters that need to be addressed before the regulators will provide a Design Acceptance Confirmation (for ONR)or Statement of Design Acceptability (Environment Agency). Westinghouse then decided to request a pause in the GDA process because it had yet to find a customer in the UK for its AP1000 reactor. <ref> [http://www.world-nuclear.org/info/inf84.html Nuclear Power in the United Kingdom], World Nuclear Association Country Briefing July 2012, accessed 29th August 2012.</ref> Westinghouse had been hoping for an order for AP1000 reactors from [[Horizon]], but the decision by [[E.ON]] and [[RWE]] to sell Horizon will have been a blow to Westinghouse's hopes. <ref> [http://profeng.com/news/horizon-up-for-sale-as-utilities-drop-plan-to-develop-nuclear-power Horizon up for sale as utilities drop plan to develop nuclear power], Professional Engineering, 29th March 2012, accessed 29th August 2012.</ref><br />
<br />
==PR & Lobbying==<br />
*In 2010 Westinghouse was listed as a client of [[Gardant Communications]].<br />
*In 2008, Westinghouse was listed as a past or current client of The [[Gorlin Group]].<ref>The Gorlin Group [http://www.gorlingroup.com/ Clients], accessed 20th March, 2008.</ref><br />
<br />
==People==<br />
*[[Mike Tynan]], Vice President & Managing Director, Westinghouse - attended [[Nuclear Development Forum]] on 27 October 2011 <ref> Department of Energy and Climate Change, Nuclear Development Forum 27 October 2011, 12noon – 2pm List of Attendees </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==References==<br />
<references/><br />
<br />
==Resources==<br />
<br />
For further information, see relevant SourceWatch page [http://www.sourcewatch.org/index.php?title=Westinghouse_Electric_Corporation Westinghouse Electric Company]<br />
<br />
[[Category:Civil nuclear industry]]<br />
[[Category:Nuclear Spin]]</div>Peter Rochehttps://powerbase.info/index.php?title=Westinghouse_Electric_Company&diff=175186Westinghouse Electric Company2012-08-29T13:57:00Z<p>Peter Roche: /* Background */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
Westinghouse Electric Company was sold by [[BNFL]] to Toshiba in October 2006. <ref> [http://onlinepressroom.net/westinghousenuclear/ Toshiba completes Westinghouse acquisition], Westinghouse Press Release 17th October 2006, accesssed 29th August 2012.</ref> The company offers a wide range of nuclear plant products and services to utilities throughout the world, including fuel, service and maintenance, instrumentation and control, and advanced nuclear plant designs. Nearly 50 percent of the nuclear power plants in operation worldwide, and nearly 60 percent in the United States, are based on Westinghouse technology. It currently employs almost 14,000 people worldwide.<ref> [http://westinghousenuclear.com/Our_Company/visions_values.shtm Vision and Values], Westinghouse website, accessed 29th August 2012.</ref><br />
<br />
Westinghouse Electric Company was acquired by BNFL in March 1999. <ref> [http://westinghousenuclear.com/Our_Company/history/Timeline/1980_1999.shtm Timeline 1980-1999], Westinghouse website, accessed August 2012. </ref> In 2000 the commercial nuclear power businesses of ABB purchased by BNFL and integrated into Westinghouse Electric Company. Then in 2006 Toshiba Corp. and its partners, The Shaw Group and IHI, acquired Westinghouse from BNFL. In 2006 Westinghouse’s AP1000 becomes the first Generation III+ pressurized water reactor to receive Design Certification from the U.S. Nuclear Regulatory Commission.<br />
<ref> [http://westinghousenuclear.com/Our_Company/history/Timeline/2000_2007.shtm Timeline 2000-2007], Westinghouse website, accessed 29th August 2012.</ref><br />
<br />
Westinghouse controls Britain's only nuclear fuel manufacturing site, [[Springfield Fuels]]. <ref>[http://www.westinghousenuclear.com/ProductLines/Nuclear_Fuel/springfields_site.shtm Springfields Fuels Limited] Westinghouse website, accessed 29th August 2012.</ref><br />
<br />
==PR & Lobbying==<br />
*In 2010 Westinghouse was listed as a client of [[Gardant Communications]].<br />
*In 2008, Westinghouse was listed as a past or current client of The [[Gorlin Group]].<ref>The Gorlin Group [http://www.gorlingroup.com/ Clients], accessed 20th March, 2008.</ref><br />
<br />
==People==<br />
*[[Mike Tynan]], Vice President & Managing Director, Westinghouse - attended [[Nuclear Development Forum]] on 27 October 2011 <ref> Department of Energy and Climate Change, Nuclear Development Forum 27 October 2011, 12noon – 2pm List of Attendees </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==References==<br />
<references/><br />
<br />
==Resources==<br />
<br />
For further information, see relevant SourceWatch page [http://www.sourcewatch.org/index.php?title=Westinghouse_Electric_Corporation Westinghouse Electric Company]<br />
<br />
[[Category:Civil nuclear industry]]<br />
[[Category:Nuclear Spin]]</div>Peter Rochehttps://powerbase.info/index.php?title=Westinghouse_Electric_Company&diff=175184Westinghouse Electric Company2012-08-29T13:49:32Z<p>Peter Roche: /* Background */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
Westinghouse Electric Company was sold by [[BNFL]] to Toshiba in October 2006. <ref> [http://onlinepressroom.net/westinghousenuclear/ Toshiba completes Westinghouse acquisition], Westinghouse Press Release 17th October 2006, accesssed August 2012.</ref> The company offers a wide range of nuclear plant products and services to utilities throughout the world, including fuel, service and maintenance, instrumentation and control, and advanced nuclear plant designs. Nearly 50 percent of the nuclear power plants in operation worldwide, and nearly 60 percent in the United States, are based on Westinghouse technology. It currently employs almost 14,000 people worldwide.<ref> [http://westinghousenuclear.com/Our_Company/visions_values.shtm Vision and Values], Westinghouse website, accessed August 2012.</ref><br />
<br />
Westinghouse Electric Company was acquired by BNFL in March 1999. <ref> [http://westinghousenuclear.com/Our_Company/history/Timeline/1980_1999.shtm Timeline 1980-1999], Westinghouse website, accessed August 2012. </ref> In 2000 the commercial nuclear power businesses of ABB purchased by BNFL and integrated into Westinghouse Electric Company. Then in 2006 Toshiba Corp. and its partners, The Shaw Group and IHI, acquired Westinghouse from BNFL. In 2006 Westinghouse’s AP1000 becomes the first Generation III+ pressurized water reactor to receive Design Certification from the U.S. Nuclear Regulatory Commission.<br />
<ref> [http://westinghousenuclear.com/Our_Company/history/Timeline/2000_2007.shtm Timeline 2000-2007], Westinghouse website, accessed August 2012.</ref><br />
<br />
Westinghouse controls Britain's only nuclear fuel manufacturing site, [[Springfield Fuels]]. <ref>[http://www.westinghousenuclear.com/ProductLines/Nuclear_Fuel/springfields_site.shtm Springfields Fuels Limited] Westinghouse website, accessed August 2012.</ref><br />
<br />
==PR & Lobbying==<br />
*In 2010 Westinghouse was listed as a client of [[Gardant Communications]].<br />
*In 2008, Westinghouse was listed as a past or current client of The [[Gorlin Group]].<ref>The Gorlin Group [http://www.gorlingroup.com/ Clients], accessed 20th March, 2008.</ref><br />
<br />
==People==<br />
*[[Mike Tynan]], Vice President & Managing Director, Westinghouse - attended [[Nuclear Development Forum]] on 27 October 2011 <ref> Department of Energy and Climate Change, Nuclear Development Forum 27 October 2011, 12noon – 2pm List of Attendees </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==References==<br />
<references/><br />
<br />
==Resources==<br />
<br />
For further information, see relevant SourceWatch page [http://www.sourcewatch.org/index.php?title=Westinghouse_Electric_Corporation Westinghouse Electric Company]<br />
<br />
[[Category:Civil nuclear industry]]<br />
[[Category:Nuclear Spin]]</div>Peter Rochehttps://powerbase.info/index.php?title=Westinghouse_Electric_Company&diff=175181Westinghouse Electric Company2012-08-29T13:44:25Z<p>Peter Roche: /* Background */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
Westinghouse Electric Company was sold by [[BNFL]] to Toshiba in October 2006. <ref> [http://onlinepressroom.net/westinghousenuclear/ Toshiba completes Westinghouse acquisition], Westinghouse Press Release 17th October 2006, accesssed August 2012.</ref> The company offers a wide range of nuclear plant products and services to utilities throughout the world, including fuel, service and maintenance, instrumentation and control, and advanced nuclear plant designs. Nearly 50 percent of the nuclear power plants in operation worldwide, and nearly 60 percent in the United States, are based on Westinghouse technology. It currently employs almost 14,000 people worldwide.<ref> [http://westinghousenuclear.com/Our_Company/visions_values.shtm Vision and Values], Westinghouse website, accessed August 2012.</ref><br />
<br />
Westinghouse Electric Company was acquired by BNFL in March 1999. <ref> [http://westinghousenuclear.com/Our_Company/history/Timeline/1980_1999.shtm Timeline 1980-1999], Westinghouse website, accessed August 2012. </ref> In 2000 the commercial nuclear power businesses of ABB purchased by BNFL and integrated into Westinghouse Electric Company. Then in 2006 Toshiba Corp. and its partners, The Shaw Group and IHI, acquired Westinghouse from BNFL. <ref> [http://westinghousenuclear.com/Our_Company/history/Timeline/2000_2007.shtm Timeline 2000-2007], Westinghouse website, accessed August 2012.</ref><br />
<br />
It controls Britain's only nuclear fuel manufacturing site, [[Springfield Fuels]]. <ref>[http://www.bnfl.com/content.php?pageID=69&newsID=248 BNFL press release &#39;BNFL, Toshiba Agree to Sale of Westinghouse&#39;], 6 February, 2006.</ref><br />
<br />
In 2006 Westinghouse’s AP1000 becomes the first Generation III+ pressurized water reactor to receive Design Certification from the U.S. Nuclear Regulatory Commission.<br />
<br />
==PR & Lobbying==<br />
*In 2010 Westinghouse was listed as a client of [[Gardant Communications]].<br />
*In 2008, Westinghouse was listed as a past or current client of The [[Gorlin Group]].<ref>The Gorlin Group [http://www.gorlingroup.com/ Clients], accessed 20th March, 2008.</ref><br />
<br />
==People==<br />
*[[Mike Tynan]], Vice President & Managing Director, Westinghouse - attended [[Nuclear Development Forum]] on 27 October 2011 <ref> Department of Energy and Climate Change, Nuclear Development Forum 27 October 2011, 12noon – 2pm List of Attendees </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==References==<br />
<references/><br />
<br />
==Resources==<br />
<br />
For further information, see relevant SourceWatch page [http://www.sourcewatch.org/index.php?title=Westinghouse_Electric_Corporation Westinghouse Electric Company]<br />
<br />
[[Category:Civil nuclear industry]]<br />
[[Category:Nuclear Spin]]</div>Peter Rochehttps://powerbase.info/index.php?title=Westinghouse_Electric_Company&diff=175179Westinghouse Electric Company2012-08-29T13:35:07Z<p>Peter Roche: /* Background */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
Westinghouse Electric Company was sold by [[BNFL]] to Toshiba in October 2006. <ref> [http://onlinepressroom.net/westinghousenuclear/ Toshiba completes Westinghouse acquisition], Westinghouse Press Release 17th October 2006, accesssed August 2012.</ref> The company offers a wide range of nuclear plant products and services to utilities throughout the world, including fuel, service and maintenance, instrumentation and control, and advanced nuclear plant designs. Nearly 50 percent of the nuclear power plants in operation worldwide, and nearly 60 percent in the United States, are based on Westinghouse technology. <ref> [http://westinghousenuclear.com/Our_Company/visions_values.shtm Vision and Values], Westinghouse website, accessed August 2012.</ref><br />
<br />
It was acquired by BNFL in March 1999. It currently employs almost 14,000 people worldwide. Headquartered in Monroeville, Pennsylvania, the company now has operations in twelve US states and fourteen countries, and annual sales of some US$1.8bn. <ref>[http://www.westinghousenuclear.com/D5.asp Westinghouse website: &#39;Company Overview&#39;], undated, accessed February, 2006.</ref><br />
<br />
Nearly 50 percent of the nuclear power plants in operation worldwide, and nearly 60 percent in the United States, are based on Westinghouse technology. <ref>[http://www.westinghousenuclear.com/D5.asp Westinghouse website: &#39;Company Overview&#39;], undated, accessed February, 2006.</ref> It controls Britain's only nuclear fuel manufacturing site, [[Springfield Fuels]]. <ref>[http://www.bnfl.com/content.php?pageID=69&newsID=248 BNFL press release &#39;BNFL, Toshiba Agree to Sale of Westinghouse&#39;], 6 February, 2006.</ref><br />
<br />
==PR & Lobbying==<br />
*In 2010 Westinghouse was listed as a client of [[Gardant Communications]].<br />
*In 2008, Westinghouse was listed as a past or current client of The [[Gorlin Group]].<ref>The Gorlin Group [http://www.gorlingroup.com/ Clients], accessed 20th March, 2008.</ref><br />
<br />
==People==<br />
*[[Mike Tynan]], Vice President & Managing Director, Westinghouse - attended [[Nuclear Development Forum]] on 27 October 2011 <ref> Department of Energy and Climate Change, Nuclear Development Forum 27 October 2011, 12noon – 2pm List of Attendees </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==References==<br />
<references/><br />
<br />
==Resources==<br />
<br />
For further information, see relevant SourceWatch page [http://www.sourcewatch.org/index.php?title=Westinghouse_Electric_Corporation Westinghouse Electric Company]<br />
<br />
[[Category:Civil nuclear industry]]<br />
[[Category:Nuclear Spin]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175172Iberdrola2012-08-29T12:44:51Z<p>Peter Roche: /* A Merger Made on the Wind? */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONEMPGRANEMP Iberdrola website], accessed August 2012.</ref><br />
<br />
The company’s renewable capacity exceeded 14,000MW in early 2012. Iberdrola says it is a leader in the wind power sector in Spain and the United Kingdom, holds second place in the United States of America, and has facilities in Brazil, Mexico, Germany, Portugal, Italy, France, and various countries of Eastern Europe. <ref> [https://www.iberdrola.es/webibd/gc/prod/en/doc/IA_InformeAnual2011.pdf Iberdrola Annual Report 2011] accessed August 2012.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it bought the Scottish Utility, [[Scottish Power]]. Scottish Power also said its vision was to be a world leader in renewables. ScottishPower Renewables became the first UK developer to reach an installed generating capacity of 1,000 MW in 2011. With a pipeline including 10,000 MW of offshore wind, and the 10 MW world-first tidal energy array in the Sound of Islay, ScottishPower Renewables is one of the UK’s leading renewable energy developers. <ref> [http://www.scottishpowerrenewables.com/pages/about_us.asp Scottish Power Renewables website], accessed August 2012. </ref><br />
<br />
Scottish Power did not demonstrate any great enthusiasm for new nuclear reactors in Scotland. It was reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company went on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
In October 2011 Scottish Power received planning consent for a new 1000MW Combined Cycle Gas Turbine power station on the site of the existing Cockenzie coal power plant, in East Lothian. <ref> [http://www.scottishpower.com/PressReleases_2225.htm Scottish Power Press Release] 5th October 2011, accessed August 2012. </ref> The current coal power station is reaching the end of its operational life and will close in March 2013. <ref> [http://www.scottishpower.com/PressReleases_2311.htm Scottish Power Press Release] 15th March 2012, accessed August 2012 </ref><br />
<br />
Scottish Power also owns and runs Longannet in Fife, Longannet, which is the UK's second largest coal-fired power station and Europe's third largest, and among the biggest polluters in the country. It has a capacity of 2,400MW and emits between seven million and eight million tonnes of carbon dioxide (CO2) a year. Plans for the UK's first carbon capture and storage facility at Longannet were dropped in October 2011. According to the Energy Secretary at the time, Chris Huhne, the length of pipeline needed to take the CO2 to the undersea reservoirs made the Longannet scheme "unviable". <ref> [http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-15371258 Longannet carbon capture scheme scrapped], BBC 19th October 2011, accessed August 2012. </ref><br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company was committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine said Scottish Power would fit well with Iberdrola. Scottish Power already had 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operated cogeneration power plants and wind farms. Iberdrola had already acquired two wind farms in Britain in 2006, and signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> <br />
<br />
At the time of the merger it was reported that ACS, one of the world's largest building and services groups, was trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref> In April 2012 ACS sold a 3.7 percent stake in Iberdrola triggering speculation that the builder was reversing its initial strategy to gain control of the utility. Then in July ACS signed a three-year deal with Societe Generale to refinance a loan it used to buy part of a 14.85 percent stake in Iberdrola. ACS, headed by self-made billionaire Florentino Perez who also runs soccer club Real Madrid, said it will take a decision on the future of its investment in Iberdrola in three years' time. <ref> [http://www.reuters.com/article/2012/07/13/us-acs-debt-idUSBRE86C0YH20120713 ACS refinancing deal provides some Iberdrola relief], Reuters 13th July 2012, accessed August 2012. </ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175169Iberdrola2012-08-29T12:27:13Z<p>Peter Roche: /* A Merger Made on the Wind? */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONEMPGRANEMP Iberdrola website], accessed August 2012.</ref><br />
<br />
The company’s renewable capacity exceeded 14,000MW in early 2012. Iberdrola says it is a leader in the wind power sector in Spain and the United Kingdom, holds second place in the United States of America, and has facilities in Brazil, Mexico, Germany, Portugal, Italy, France, and various countries of Eastern Europe. <ref> [https://www.iberdrola.es/webibd/gc/prod/en/doc/IA_InformeAnual2011.pdf Iberdrola Annual Report 2011] accessed August 2012.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it bought the Scottish Utility, [[Scottish Power]]. Scottish Power also said its vision was to be a world leader in renewables. ScottishPower Renewables became the first UK developer to reach an installed generating capacity of 1,000 MW in 2011. With a pipeline including 10,000 MW of offshore wind, and the 10 MW world-first tidal energy array in the Sound of Islay, ScottishPower Renewables is one of the UK’s leading renewable energy developers. <ref> [http://www.scottishpowerrenewables.com/pages/about_us.asp Scottish Power Renewables website], accessed August 2012. </ref><br />
<br />
Scottish Power did not demonstrate any great enthusiasm for new nuclear reactors in Scotland. It was reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company went on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
In October 2011 Scottish Power received planning consent for a new 1000MW Combined Cycle Gas Turbine power station on the site of the existing Cockenzie coal power plant, in East Lothian. <ref> [http://www.scottishpower.com/PressReleases_2225.htm Scottish Power Press Release] 5th October 2011, accessed August 2012. </ref> The current coal power station is reaching the end of its operational life and will close in March 2013. <ref> [http://www.scottishpower.com/PressReleases_2311.htm Scottish Power Press Release] 15th March 2012, accessed August 2012 </ref><br />
<br />
Scottish Power also owns and runs Longannet in Fife, Longannet, which is the UK's second largest coal-fired power station and Europe's third largest, and among the biggest polluters in the country. It has a capacity of 2,400MW and emits between seven million and eight million tonnes of carbon dioxide (CO2) a year. Plans for the UK's first carbon capture and storage facility at Longannet were dropped in October 2011. According to the Energy Secretary at the time, Chris Huhne, the length of pipeline needed to take the CO2 to the undersea reservoirs made the Longannet scheme "unviable". <ref> [http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-15371258 Longannet carbon capture scheme scrapped], BBC 19th October 2011, accessed August 2012. </ref><br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company was committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine said Scottish Power would fit well with Iberdrola. Scottish Power had 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola had already acquired two wind farms in Britain in 2006, and signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175168Iberdrola2012-08-29T12:25:25Z<p>Peter Roche: /* Takeover Approved */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONEMPGRANEMP Iberdrola website], accessed August 2012.</ref><br />
<br />
The company’s renewable capacity exceeded 14,000MW in early 2012. Iberdrola says it is a leader in the wind power sector in Spain and the United Kingdom, holds second place in the United States of America, and has facilities in Brazil, Mexico, Germany, Portugal, Italy, France, and various countries of Eastern Europe. <ref> [https://www.iberdrola.es/webibd/gc/prod/en/doc/IA_InformeAnual2011.pdf Iberdrola Annual Report 2011] accessed August 2012.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it bought the Scottish Utility, [[Scottish Power]]. Scottish Power also said its vision was to be a world leader in renewables. ScottishPower Renewables became the first UK developer to reach an installed generating capacity of 1,000 MW in 2011. With a pipeline including 10,000 MW of offshore wind, and the 10 MW world-first tidal energy array in the Sound of Islay, ScottishPower Renewables is one of the UK’s leading renewable energy developers. <ref> [http://www.scottishpowerrenewables.com/pages/about_us.asp Scottish Power Renewables website], accessed August 2012. </ref><br />
<br />
Scottish Power did not demonstrate any great enthusiasm for new nuclear reactors in Scotland. It was reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company went on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
In October 2011 Scottish Power received planning consent for a new 1000MW Combined Cycle Gas Turbine power station on the site of the existing Cockenzie coal power plant, in East Lothian. <ref> [http://www.scottishpower.com/PressReleases_2225.htm Scottish Power Press Release] 5th October 2011, accessed August 2012. </ref> The current coal power station is reaching the end of its operational life and will close in March 2013. <ref> [http://www.scottishpower.com/PressReleases_2311.htm Scottish Power Press Release] 15th March 2012, accessed August 2012 </ref><br />
<br />
Scottish Power also owns and runs Longannet in Fife, Longannet, which is the UK's second largest coal-fired power station and Europe's third largest, and among the biggest polluters in the country. It has a capacity of 2,400MW and emits between seven million and eight million tonnes of carbon dioxide (CO2) a year. Plans for the UK's first carbon capture and storage facility at Longannet were dropped in October 2011. According to the Energy Secretary at the time, Chris Huhne, the length of pipeline needed to take the CO2 to the undersea reservoirs made the Longannet scheme "unviable". <ref> [http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-15371258 Longannet carbon capture scheme scrapped], BBC 19th October 2011, accessed August 2012. </ref><br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company was committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175167Iberdrola2012-08-29T12:24:52Z<p>Peter Roche: /* Takeover Approved */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONEMPGRANEMP Iberdrola website], accessed August 2012.</ref><br />
<br />
The company’s renewable capacity exceeded 14,000MW in early 2012. Iberdrola says it is a leader in the wind power sector in Spain and the United Kingdom, holds second place in the United States of America, and has facilities in Brazil, Mexico, Germany, Portugal, Italy, France, and various countries of Eastern Europe. <ref> [https://www.iberdrola.es/webibd/gc/prod/en/doc/IA_InformeAnual2011.pdf Iberdrola Annual Report 2011] accessed August 2012.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it bought the Scottish Utility, [[Scottish Power]]. Scottish Power also said its vision was to be a world leader in renewables. ScottishPower Renewables became the first UK developer to reach an installed generating capacity of 1,000 MW in 2011. With a pipeline including 10,000 MW of offshore wind, and the 10 MW world-first tidal energy array in the Sound of Islay, ScottishPower Renewables is one of the UK’s leading renewable energy developers. <ref> [http://www.scottishpowerrenewables.com/pages/about_us.asp Scottish Power Renewables website], accessed August 2012. </ref><br />
<br />
Scottish Power did not demonstrate any great enthusiasm for new nuclear reactors in Scotland. It was reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company went on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
In October 2011 Scottish Power received planning consent for a new 1000MW Combined Cycle Gas Turbine power station on the site of the existing Cockenzie coal power plant, in East Lothian. <ref> [http://www.scottishpower.com/PressReleases_2225.htm Scottish Power Press Release] 5th October 2011, accessed August 2012. </ref> The current coal power station is reaching the end of its operational life and will close in March 2013. <ref> [http://www.scottishpower.com/PressReleases_2311.htm Scottish Power Press Release] 15th March 2012, accessed August 2012 </ref><br />
<br />
Scottish Power also owns and runs Longannet in Fife, Longannet, which is the UK's second largest coal-fired power station and Europe's third largest, and among the biggest polluters in the country. It has a capacity of 2,400MW and emits between seven million and eight million tonnes of carbon dioxide (CO2) a year. Plans for the UK's first carbon capture and storage facility at Longannet were dropped in October 2011. According to the Energy Secretary at the time, Chris Huhne, the length of pipeline needed to take the CO2 to the undersea reservoirs made the Longannet scheme "unviable". <ref> [http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-15371258 Longannet carbon capture scheme scrapped], BBC 19th October 2011, accessed August 2012. </ref><br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company is committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175162Iberdrola2012-08-29T12:19:07Z<p>Peter Roche: /* Scottish Power */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONEMPGRANEMP Iberdrola website], accessed August 2012.</ref><br />
<br />
The company’s renewable capacity exceeded 14,000MW in early 2012. Iberdrola says it is a leader in the wind power sector in Spain and the United Kingdom, holds second place in the United States of America, and has facilities in Brazil, Mexico, Germany, Portugal, Italy, France, and various countries of Eastern Europe. <ref> [https://www.iberdrola.es/webibd/gc/prod/en/doc/IA_InformeAnual2011.pdf Iberdrola Annual Report 2011] accessed August 2012.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it bought the Scottish Utility, [[Scottish Power]]. Scottish Power also said its vision was to be a world leader in renewables. ScottishPower Renewables became the first UK developer to reach an installed generating capacity of 1,000 MW in 2011. With a pipeline including 10,000 MW of offshore wind, and the 10 MW world-first tidal energy array in the Sound of Islay, ScottishPower Renewables is one of the UK’s leading renewable energy developers. <ref> [http://www.scottishpowerrenewables.com/pages/about_us.asp Scottish Power Renewables website], accessed August 2012. </ref><br />
<br />
Scottish Power did not demonstrate any great enthusiasm for new nuclear reactors in Scotland. It was reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company went on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
In October 2011 Scottish Power received planning consent for a new 1000MW Combined Cycle Gas Turbine power station on the site of the existing Cockenzie coal power plant, in East Lothian. <ref> [http://www.scottishpower.com/PressReleases_2225.htm Scottish Power Press Release] 5th October 2011, accessed August 2012. </ref> The current coal power station is reaching the end of its operational life and will close in March 2013. <ref> [http://www.scottishpower.com/PressReleases_2311.htm Scottish Power Press Release] 15th March 2012, accessed August 2012 </ref><br />
<br />
Scottish Power also owns and runs Longannet in Fife, Longannet, which is the UK's second largest coal-fired power station and Europe's third largest, and among the biggest polluters in the country. It has a capacity of 2,400MW and emits between seven million and eight million tonnes of carbon dioxide (CO2) a year. Plans for the UK's first carbon capture and storage facility at Longannet were dropped in October 2011. According to the Energy Secretary at the time, Chris Huhne, the length of pipeline needed to take the CO2 to the undersea reservoirs made the Longannet scheme "unviable". <ref> [http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-15371258 Longannet carbon capture scheme scrapped], BBC 19th October 2011, accessed August 2012. </ref><br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> Investors are due to receive some Iberdrola shares plus 400p cash for each SP share. Scottish Power chairman, Charles Miller Smith, is expected to give his views on the future of the combined operation soon, now that the EC has given its verdict, in time for a meeting of shareholders to approve the takeover in early March. <ref>John Phelps, [http://www.sundayherald.com/business/businessnews/display.var.1136961.0.scottish_power_investors_hope_for_more_than_romance_this_valentines_day.php Scottish Power investors hope for more than romance this Valentine’s Day], ''Sunday Herald'', 21 January, 2007. </ref><br />
<br />
After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company is committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref> There has even been some discussion of Iberdrola cleaning up emissions from the Cockenzie coal-fired power station, which Scottish Power has slated for closure in 2015, rather than attempting to meet the Large Combustion Plant Directive. <ref>Douglas Friedli [http://business.scotsman.com/topics.cfm?tid=1371&id=1871552006 Iberdrola to Spend £1.5bn on Greener Scottish Power], ''Scotland on Sunday'', 17 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175156Iberdrola2012-08-29T11:58:31Z<p>Peter Roche: /* Renewable Expansion */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONEMPGRANEMP Iberdrola website], accessed August 2012.</ref><br />
<br />
The company’s renewable capacity exceeded 14,000MW in early 2012. Iberdrola says it is a leader in the wind power sector in Spain and the United Kingdom, holds second place in the United States of America, and has facilities in Brazil, Mexico, Germany, Portugal, Italy, France, and various countries of Eastern Europe. <ref> [https://www.iberdrola.es/webibd/gc/prod/en/doc/IA_InformeAnual2011.pdf Iberdrola Annual Report 2011] accessed August 2012.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it has been trying to buy the Scottish Utility, [[Scottish Power]]. Scottish Power, too, says its vision is to be a world leader in renewables. It is the biggest generator of onshore wind energy in the UK and is developing biomass and wave generation. <ref>[http://www.scottishpower.com/ Scottish Power Website], (viewed 23.01.07)</ref><br />
<br />
Scottish Power has not demonstrated any great enthusiasm for new nuclear reactors in Scotland. It has been reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company goes on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
It would be unfortunate if Iberdrola’s purchase of Scottish Power meant the utility joined other UK utilities in lobbying for a nuclear renaissance.<br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> Investors are due to receive some Iberdrola shares plus 400p cash for each SP share. Scottish Power chairman, Charles Miller Smith, is expected to give his views on the future of the combined operation soon, now that the EC has given its verdict, in time for a meeting of shareholders to approve the takeover in early March. <ref>John Phelps, [http://www.sundayherald.com/business/businessnews/display.var.1136961.0.scottish_power_investors_hope_for_more_than_romance_this_valentines_day.php Scottish Power investors hope for more than romance this Valentine’s Day], ''Sunday Herald'', 21 January, 2007. </ref><br />
<br />
After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company is committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref> There has even been some discussion of Iberdrola cleaning up emissions from the Cockenzie coal-fired power station, which Scottish Power has slated for closure in 2015, rather than attempting to meet the Large Combustion Plant Directive. <ref>Douglas Friedli [http://business.scotsman.com/topics.cfm?tid=1371&id=1871552006 Iberdrola to Spend £1.5bn on Greener Scottish Power], ''Scotland on Sunday'', 17 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175155Iberdrola2012-08-29T11:56:10Z<p>Peter Roche: /* Once Bitten …? */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
The Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref>[http://www.iberdrola.es/wcorp/corporativa/iberdrola?IDPAG=ENENRENOVR Iberdrola website] (viewed 22.01.07) See also, [http://altenergyinvestor.advfn.com/iberdrola.html Alt energy Investor Website] (Viewed 23.01.07) </ref> It says it plans to invest 3.25 billion euros in renewable projects between now and 2009. The Company’s aim is to reach 7,000 MW of renewable energy during 2009, of which 1,450 MW will be located outside Spain, and 10,000MW by 2011. The Company is in the process of building its sixth wind farm in France, a wind energy project in Mexico and a solar photovoltaic facility in Spanish Province of Soria. <br />
<br />
At least part of Iberdrola’s expansion into renewables has been done by buying other companies. Iberdrola bought Community Energy Inc, in the US during 2006, to give it a platform to enter the US wind market quickly. Iberdrola were said to be: “uniquely poised to accelerate CEI’s delivery of wind energy generation to its utility partners and customers.” <ref>[http://www.communityenergy.biz/pr/cei_pr_iberdrola.html IBERDROLA, World Leader in Renewable Energy, Enters the U.S. Market with the Forthcoming Acquisition of Community Energy, Inc], ''Community Energy Inc.'' Press Release, 2 May, 2006.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it has been trying to buy the Scottish Utility, [[Scottish Power]]. Scottish Power, too, says its vision is to be a world leader in renewables. It is the biggest generator of onshore wind energy in the UK and is developing biomass and wave generation. <ref>[http://www.scottishpower.com/ Scottish Power Website], (viewed 23.01.07)</ref><br />
<br />
Scottish Power has not demonstrated any great enthusiasm for new nuclear reactors in Scotland. It has been reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company goes on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
It would be unfortunate if Iberdrola’s purchase of Scottish Power meant the utility joined other UK utilities in lobbying for a nuclear renaissance.<br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> Investors are due to receive some Iberdrola shares plus 400p cash for each SP share. Scottish Power chairman, Charles Miller Smith, is expected to give his views on the future of the combined operation soon, now that the EC has given its verdict, in time for a meeting of shareholders to approve the takeover in early March. <ref>John Phelps, [http://www.sundayherald.com/business/businessnews/display.var.1136961.0.scottish_power_investors_hope_for_more_than_romance_this_valentines_day.php Scottish Power investors hope for more than romance this Valentine’s Day], ''Sunday Herald'', 21 January, 2007. </ref><br />
<br />
After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company is committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref> There has even been some discussion of Iberdrola cleaning up emissions from the Cockenzie coal-fired power station, which Scottish Power has slated for closure in 2015, rather than attempting to meet the Large Combustion Plant Directive. <ref>Douglas Friedli [http://business.scotsman.com/topics.cfm?tid=1371&id=1871552006 Iberdrola to Spend £1.5bn on Greener Scottish Power], ''Scotland on Sunday'', 17 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175154Iberdrola2012-08-29T11:54:50Z<p>Peter Roche: /* Nuclear Mexico */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
In February 2007 the Federal Electricity Commission signed contracts with Spain's Iberdrola Engineering and Alstom to fit new turbines and generators to the Laguna Verde plant at a cost of US$ 605 million. The two reactors were then uprated progressively by 138 MWe each from 2008 to January 2011. Their operating life was also extended to 40 years. <ref> [http://www.world-nuclear.org/info/inf106.html Nuclear Power in Mexico], World Nuclear Association Briefing, July 2012, accessed August 2012.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
On the other hand, the Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref>[http://www.iberdrola.es/wcorp/corporativa/iberdrola?IDPAG=ENENRENOVR Iberdrola website] (viewed 22.01.07) See also, [http://altenergyinvestor.advfn.com/iberdrola.html Alt energy Investor Website] (Viewed 23.01.07) </ref> It says it plans to invest 3.25 billion euros in renewable projects between now and 2009. The Company’s aim is to reach 7,000 MW of renewable energy during 2009, of which 1,450 MW will be located outside Spain, and 10,000MW by 2011. The Company is in the process of building its sixth wind farm in France, a wind energy project in Mexico and a solar photovoltaic facility in Spanish Province of Soria. <br />
<br />
At least part of Iberdrola’s expansion into renewables has been done by buying other companies. Iberdrola bought Community Energy Inc, in the US during 2006, to give it a platform to enter the US wind market quickly. Iberdrola were said to be: “uniquely poised to accelerate CEI’s delivery of wind energy generation to its utility partners and customers.” <ref>[http://www.communityenergy.biz/pr/cei_pr_iberdrola.html IBERDROLA, World Leader in Renewable Energy, Enters the U.S. Market with the Forthcoming Acquisition of Community Energy, Inc], ''Community Energy Inc.'' Press Release, 2 May, 2006.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it has been trying to buy the Scottish Utility, [[Scottish Power]]. Scottish Power, too, says its vision is to be a world leader in renewables. It is the biggest generator of onshore wind energy in the UK and is developing biomass and wave generation. <ref>[http://www.scottishpower.com/ Scottish Power Website], (viewed 23.01.07)</ref><br />
<br />
Scottish Power has not demonstrated any great enthusiasm for new nuclear reactors in Scotland. It has been reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company goes on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
It would be unfortunate if Iberdrola’s purchase of Scottish Power meant the utility joined other UK utilities in lobbying for a nuclear renaissance.<br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> Investors are due to receive some Iberdrola shares plus 400p cash for each SP share. Scottish Power chairman, Charles Miller Smith, is expected to give his views on the future of the combined operation soon, now that the EC has given its verdict, in time for a meeting of shareholders to approve the takeover in early March. <ref>John Phelps, [http://www.sundayherald.com/business/businessnews/display.var.1136961.0.scottish_power_investors_hope_for_more_than_romance_this_valentines_day.php Scottish Power investors hope for more than romance this Valentine’s Day], ''Sunday Herald'', 21 January, 2007. </ref><br />
<br />
After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company is committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref> There has even been some discussion of Iberdrola cleaning up emissions from the Cockenzie coal-fired power station, which Scottish Power has slated for closure in 2015, rather than attempting to meet the Large Combustion Plant Directive. <ref>Douglas Friedli [http://business.scotsman.com/topics.cfm?tid=1371&id=1871552006 Iberdrola to Spend £1.5bn on Greener Scottish Power], ''Scotland on Sunday'', 17 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175152Iberdrola2012-08-29T11:51:03Z<p>Peter Roche: /* A Nuclear Utility */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the previous Spanish Government was committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There was no specific timetable. Industry Minister, Jose Montilla, had even said the government would consider lifetime extensions for existing reactors. The nuclear industry in Spain was been campaigning hard for the phase-out policy to be dropped. <ref>[http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
The November 2011 election brought about a change of government which revisited an earlier decision to close Santa Mazria de Garona, allowing operation to continue until 2019. <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
On the other hand, the Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref>[http://www.iberdrola.es/wcorp/corporativa/iberdrola?IDPAG=ENENRENOVR Iberdrola website] (viewed 22.01.07) See also, [http://altenergyinvestor.advfn.com/iberdrola.html Alt energy Investor Website] (Viewed 23.01.07) </ref> It says it plans to invest 3.25 billion euros in renewable projects between now and 2009. The Company’s aim is to reach 7,000 MW of renewable energy during 2009, of which 1,450 MW will be located outside Spain, and 10,000MW by 2011. The Company is in the process of building its sixth wind farm in France, a wind energy project in Mexico and a solar photovoltaic facility in Spanish Province of Soria. <br />
<br />
At least part of Iberdrola’s expansion into renewables has been done by buying other companies. Iberdrola bought Community Energy Inc, in the US during 2006, to give it a platform to enter the US wind market quickly. Iberdrola were said to be: “uniquely poised to accelerate CEI’s delivery of wind energy generation to its utility partners and customers.” <ref>[http://www.communityenergy.biz/pr/cei_pr_iberdrola.html IBERDROLA, World Leader in Renewable Energy, Enters the U.S. Market with the Forthcoming Acquisition of Community Energy, Inc], ''Community Energy Inc.'' Press Release, 2 May, 2006.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it has been trying to buy the Scottish Utility, [[Scottish Power]]. Scottish Power, too, says its vision is to be a world leader in renewables. It is the biggest generator of onshore wind energy in the UK and is developing biomass and wave generation. <ref>[http://www.scottishpower.com/ Scottish Power Website], (viewed 23.01.07)</ref><br />
<br />
Scottish Power has not demonstrated any great enthusiasm for new nuclear reactors in Scotland. It has been reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company goes on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
It would be unfortunate if Iberdrola’s purchase of Scottish Power meant the utility joined other UK utilities in lobbying for a nuclear renaissance.<br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> Investors are due to receive some Iberdrola shares plus 400p cash for each SP share. Scottish Power chairman, Charles Miller Smith, is expected to give his views on the future of the combined operation soon, now that the EC has given its verdict, in time for a meeting of shareholders to approve the takeover in early March. <ref>John Phelps, [http://www.sundayherald.com/business/businessnews/display.var.1136961.0.scottish_power_investors_hope_for_more_than_romance_this_valentines_day.php Scottish Power investors hope for more than romance this Valentine’s Day], ''Sunday Herald'', 21 January, 2007. </ref><br />
<br />
After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company is committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref> There has even been some discussion of Iberdrola cleaning up emissions from the Cockenzie coal-fired power station, which Scottish Power has slated for closure in 2015, rather than attempting to meet the Large Combustion Plant Directive. <ref>Douglas Friedli [http://business.scotsman.com/topics.cfm?tid=1371&id=1871552006 Iberdrola to Spend £1.5bn on Greener Scottish Power], ''Scotland on Sunday'', 17 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175150Iberdrola2012-08-29T11:44:28Z<p>Peter Roche: /* A Nuclear Utility */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]], <ref>[http://www.nei.org/resourcesandstats/documentlibrary/aboutnei/memberinfo/nei-governance-and-membership-roster Nuclear Energy Institute website], accessed August 2012.</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the Spanish Government is committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There is no specific timetable, nor is there likely to be one before the next General Election in March 2008. Industry Minister, Jose Montilla, has even said the government will consider lifetime extensions for existing reactors. The nuclear industry in Spain has been campaigning hard for the phase-out policy to be dropped. <ref>[http://www.greenpeace.org/international/news/spain-adios-nuclear-31-06-06 Spain says “Adios” to Nuclear Power], ''Greenpeace Press Release'', 31 May, 2006. See also, [http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
On the other hand, the Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref>[http://www.iberdrola.es/wcorp/corporativa/iberdrola?IDPAG=ENENRENOVR Iberdrola website] (viewed 22.01.07) See also, [http://altenergyinvestor.advfn.com/iberdrola.html Alt energy Investor Website] (Viewed 23.01.07) </ref> It says it plans to invest 3.25 billion euros in renewable projects between now and 2009. The Company’s aim is to reach 7,000 MW of renewable energy during 2009, of which 1,450 MW will be located outside Spain, and 10,000MW by 2011. The Company is in the process of building its sixth wind farm in France, a wind energy project in Mexico and a solar photovoltaic facility in Spanish Province of Soria. <br />
<br />
At least part of Iberdrola’s expansion into renewables has been done by buying other companies. Iberdrola bought Community Energy Inc, in the US during 2006, to give it a platform to enter the US wind market quickly. Iberdrola were said to be: “uniquely poised to accelerate CEI’s delivery of wind energy generation to its utility partners and customers.” <ref>[http://www.communityenergy.biz/pr/cei_pr_iberdrola.html IBERDROLA, World Leader in Renewable Energy, Enters the U.S. Market with the Forthcoming Acquisition of Community Energy, Inc], ''Community Energy Inc.'' Press Release, 2 May, 2006.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it has been trying to buy the Scottish Utility, [[Scottish Power]]. Scottish Power, too, says its vision is to be a world leader in renewables. It is the biggest generator of onshore wind energy in the UK and is developing biomass and wave generation. <ref>[http://www.scottishpower.com/ Scottish Power Website], (viewed 23.01.07)</ref><br />
<br />
Scottish Power has not demonstrated any great enthusiasm for new nuclear reactors in Scotland. It has been reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company goes on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
It would be unfortunate if Iberdrola’s purchase of Scottish Power meant the utility joined other UK utilities in lobbying for a nuclear renaissance.<br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> Investors are due to receive some Iberdrola shares plus 400p cash for each SP share. Scottish Power chairman, Charles Miller Smith, is expected to give his views on the future of the combined operation soon, now that the EC has given its verdict, in time for a meeting of shareholders to approve the takeover in early March. <ref>John Phelps, [http://www.sundayherald.com/business/businessnews/display.var.1136961.0.scottish_power_investors_hope_for_more_than_romance_this_valentines_day.php Scottish Power investors hope for more than romance this Valentine’s Day], ''Sunday Herald'', 21 January, 2007. </ref><br />
<br />
After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company is committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref> There has even been some discussion of Iberdrola cleaning up emissions from the Cockenzie coal-fired power station, which Scottish Power has slated for closure in 2015, rather than attempting to meet the Large Combustion Plant Directive. <ref>Douglas Friedli [http://business.scotsman.com/topics.cfm?tid=1371&id=1871552006 Iberdrola to Spend £1.5bn on Greener Scottish Power], ''Scotland on Sunday'', 17 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175149Iberdrola2012-08-29T11:43:07Z<p>Peter Roche: /* A Nuclear Utility */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]], <ref>[http://www.foronuclear.org/es/sobre-nosotros/socios Spanish Nuclear Industry Website]</ref> as well as the American [[Nuclear Energy Institute]],<ref>[http://www.nei.org/documents/NEI_Member_Roster.pdf Nuclear Energy Institute website]</ref> by virtue of its membership of the [[Spanish Nuclear Industry Forum]].<br />
<br />
In theory the Spanish Government is committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There is no specific timetable, nor is there likely to be one before the next General Election in March 2008. Industry Minister, Jose Montilla, has even said the government will consider lifetime extensions for existing reactors. The nuclear industry in Spain has been campaigning hard for the phase-out policy to be dropped. <ref>[http://www.greenpeace.org/international/news/spain-adios-nuclear-31-06-06 Spain says “Adios” to Nuclear Power], ''Greenpeace Press Release'', 31 May, 2006. See also, [http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
On the other hand, the Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref>[http://www.iberdrola.es/wcorp/corporativa/iberdrola?IDPAG=ENENRENOVR Iberdrola website] (viewed 22.01.07) See also, [http://altenergyinvestor.advfn.com/iberdrola.html Alt energy Investor Website] (Viewed 23.01.07) </ref> It says it plans to invest 3.25 billion euros in renewable projects between now and 2009. The Company’s aim is to reach 7,000 MW of renewable energy during 2009, of which 1,450 MW will be located outside Spain, and 10,000MW by 2011. The Company is in the process of building its sixth wind farm in France, a wind energy project in Mexico and a solar photovoltaic facility in Spanish Province of Soria. <br />
<br />
At least part of Iberdrola’s expansion into renewables has been done by buying other companies. Iberdrola bought Community Energy Inc, in the US during 2006, to give it a platform to enter the US wind market quickly. Iberdrola were said to be: “uniquely poised to accelerate CEI’s delivery of wind energy generation to its utility partners and customers.” <ref>[http://www.communityenergy.biz/pr/cei_pr_iberdrola.html IBERDROLA, World Leader in Renewable Energy, Enters the U.S. Market with the Forthcoming Acquisition of Community Energy, Inc], ''Community Energy Inc.'' Press Release, 2 May, 2006.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it has been trying to buy the Scottish Utility, [[Scottish Power]]. Scottish Power, too, says its vision is to be a world leader in renewables. It is the biggest generator of onshore wind energy in the UK and is developing biomass and wave generation. <ref>[http://www.scottishpower.com/ Scottish Power Website], (viewed 23.01.07)</ref><br />
<br />
Scottish Power has not demonstrated any great enthusiasm for new nuclear reactors in Scotland. It has been reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company goes on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
It would be unfortunate if Iberdrola’s purchase of Scottish Power meant the utility joined other UK utilities in lobbying for a nuclear renaissance.<br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> Investors are due to receive some Iberdrola shares plus 400p cash for each SP share. Scottish Power chairman, Charles Miller Smith, is expected to give his views on the future of the combined operation soon, now that the EC has given its verdict, in time for a meeting of shareholders to approve the takeover in early March. <ref>John Phelps, [http://www.sundayherald.com/business/businessnews/display.var.1136961.0.scottish_power_investors_hope_for_more_than_romance_this_valentines_day.php Scottish Power investors hope for more than romance this Valentine’s Day], ''Sunday Herald'', 21 January, 2007. </ref><br />
<br />
After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company is committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref> There has even been some discussion of Iberdrola cleaning up emissions from the Cockenzie coal-fired power station, which Scottish Power has slated for closure in 2015, rather than attempting to meet the Large Combustion Plant Directive. <ref>Douglas Friedli [http://business.scotsman.com/topics.cfm?tid=1371&id=1871552006 Iberdrola to Spend £1.5bn on Greener Scottish Power], ''Scotland on Sunday'', 17 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175147Iberdrola2012-08-29T11:20:20Z<p>Peter Roche: /* A Nuclear Utility */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
Apart from stakes in seven Spanish power reactors Iberdrola has substantial nuclear links abroad, mainly forged by its engineering division which has undertaken a range of power projects including nuclear jobs like steam generator replacement in Mexico and construction in Romania. This division is also leading the company's potential involvement with the project for new reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania. <ref> [http://www.world-nuclear-news.org/C_Iberdrola_looks_for_new-build_opportunities_0608091.html Iberdrola looks for new build opportunities], World Nuclear News 6th August 2009, accessed August 2012. </ref> [[RosEnergoAtom]] will be the majority shareholder in the Kaliningrad plant, but 49% will be available to private investors. Iberdrola is one of the utilities in talks with the Russians about taking a stake. <ref> [http://www.world-nuclear-news.org/NN_Imminent_construction_of_Baltic_nuclear_power_plant_0802121.html Imminent construction of Baltic nuclear power plant], World Nuclear News 8th February 2012. Accessed August 2012.</ref> Iberdrola is already working at the Kola, Balakovo and Novovoronezh nuclear power plants in Russia.<ref>[http://www.world-nuclear.org/info/inf45.html Nuclear Power in Russia] World Nuclear Association Country Briefings, 22nd August 2012, accessed August 2012.</ref><br />
<br />
Romania's state-owned Nuclearelectrica is trying to complete two reactors Cernavoda units 3 and 4.In November 2008 an investment agreement setting up a new project company, EnergoNuclear SA, was signed between Nuclearelectrica, with 51% of the project, and Enel, CEZ, GDF Suez, RWE Power (each 9.15%), Iberdrola (6.2%) and ArcelorMittal Galati (6.2%). However, in 2011 Iberdrola withdrew from the project for commercial reasons. <ref>[http://www.world-nuclear-news.org/IT-China_may_invest_in_Romanian_reactors-2110116.html China may invest in Romanian reactors] World Nuclear News 21st October 2011, accessed August 2012.</ref><br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]],<ref>[http://www.foronuclear.org/en/acceso_socios.jsp Foro Nuclear website]</ref> as well as the American [[Nuclear Energy Institute]],<ref>[http://www.nei.org/documents/NEI_Member_Roster.pdf Nuclear Energy Institute website]</ref> by virtue of its membership of the [[Spanish Electricity Industry Association]].<ref>[http://www.unesa.es/ UNESA website]</ref><br />
<br />
In theory the Spanish Government is committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There is no specific timetable, nor is there likely to be one before the next General Election in March 2008. Industry Minister, Jose Montilla, has even said the government will consider lifetime extensions for existing reactors. The nuclear industry in Spain has been campaigning hard for the phase-out policy to be dropped. <ref>[http://www.greenpeace.org/international/news/spain-adios-nuclear-31-06-06 Spain says “Adios” to Nuclear Power], ''Greenpeace Press Release'', 31 May, 2006. See also, [http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
On the other hand, the Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref>[http://www.iberdrola.es/wcorp/corporativa/iberdrola?IDPAG=ENENRENOVR Iberdrola website] (viewed 22.01.07) See also, [http://altenergyinvestor.advfn.com/iberdrola.html Alt energy Investor Website] (Viewed 23.01.07) </ref> It says it plans to invest 3.25 billion euros in renewable projects between now and 2009. The Company’s aim is to reach 7,000 MW of renewable energy during 2009, of which 1,450 MW will be located outside Spain, and 10,000MW by 2011. The Company is in the process of building its sixth wind farm in France, a wind energy project in Mexico and a solar photovoltaic facility in Spanish Province of Soria. <br />
<br />
At least part of Iberdrola’s expansion into renewables has been done by buying other companies. Iberdrola bought Community Energy Inc, in the US during 2006, to give it a platform to enter the US wind market quickly. Iberdrola were said to be: “uniquely poised to accelerate CEI’s delivery of wind energy generation to its utility partners and customers.” <ref>[http://www.communityenergy.biz/pr/cei_pr_iberdrola.html IBERDROLA, World Leader in Renewable Energy, Enters the U.S. Market with the Forthcoming Acquisition of Community Energy, Inc], ''Community Energy Inc.'' Press Release, 2 May, 2006.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it has been trying to buy the Scottish Utility, [[Scottish Power]]. Scottish Power, too, says its vision is to be a world leader in renewables. It is the biggest generator of onshore wind energy in the UK and is developing biomass and wave generation. <ref>[http://www.scottishpower.com/ Scottish Power Website], (viewed 23.01.07)</ref><br />
<br />
Scottish Power has not demonstrated any great enthusiasm for new nuclear reactors in Scotland. It has been reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company goes on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
It would be unfortunate if Iberdrola’s purchase of Scottish Power meant the utility joined other UK utilities in lobbying for a nuclear renaissance.<br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> Investors are due to receive some Iberdrola shares plus 400p cash for each SP share. Scottish Power chairman, Charles Miller Smith, is expected to give his views on the future of the combined operation soon, now that the EC has given its verdict, in time for a meeting of shareholders to approve the takeover in early March. <ref>John Phelps, [http://www.sundayherald.com/business/businessnews/display.var.1136961.0.scottish_power_investors_hope_for_more_than_romance_this_valentines_day.php Scottish Power investors hope for more than romance this Valentine’s Day], ''Sunday Herald'', 21 January, 2007. </ref><br />
<br />
After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company is committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref> There has even been some discussion of Iberdrola cleaning up emissions from the Cockenzie coal-fired power station, which Scottish Power has slated for closure in 2015, rather than attempting to meet the Large Combustion Plant Directive. <ref>Douglas Friedli [http://business.scotsman.com/topics.cfm?tid=1371&id=1871552006 Iberdrola to Spend £1.5bn on Greener Scottish Power], ''Scotland on Sunday'', 17 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175146Iberdrola2012-08-29T11:17:30Z<p>Peter Roche: /* A Nuclear Utility */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: <br />
*Santa Maria de Garona owned by Nuclenor which is a company jointly owned by Iberdrola and Endesa (Iberdrola’s share 50% of 446MW); <br />
*Trillo I (48%- 1003MW); <br />
*Asco II (15% - 992MW); <br />
*Vandellos II (22% - 1045MW); <br />
*Cofrentes (100% - 1063MW); <br />
*Almaraz 1 & 2 (53% of 947MW & 956MW). <ref> [http://www.world-nuclear.org/info/inf85.html Nuclear Power in Spain] World Nuclear Association Briefing July 2012. </ref><br />
<br />
<br />
<br />
It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]],<ref>[http://www.foronuclear.org/en/acceso_socios.jsp Foro Nuclear website]</ref> as well as the American [[Nuclear Energy Institute]],<ref>[http://www.nei.org/documents/NEI_Member_Roster.pdf Nuclear Energy Institute website]</ref> by virtue of its membership of the [[Spanish Electricity Industry Association]].<ref>[http://www.unesa.es/ UNESA website]</ref><br />
<br />
In theory the Spanish Government is committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There is no specific timetable, nor is there likely to be one before the next General Election in March 2008. Industry Minister, Jose Montilla, has even said the government will consider lifetime extensions for existing reactors. The nuclear industry in Spain has been campaigning hard for the phase-out policy to be dropped. <ref>[http://www.greenpeace.org/international/news/spain-adios-nuclear-31-06-06 Spain says “Adios” to Nuclear Power], ''Greenpeace Press Release'', 31 May, 2006. See also, [http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
On the other hand, the Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref>[http://www.iberdrola.es/wcorp/corporativa/iberdrola?IDPAG=ENENRENOVR Iberdrola website] (viewed 22.01.07) See also, [http://altenergyinvestor.advfn.com/iberdrola.html Alt energy Investor Website] (Viewed 23.01.07) </ref> It says it plans to invest 3.25 billion euros in renewable projects between now and 2009. The Company’s aim is to reach 7,000 MW of renewable energy during 2009, of which 1,450 MW will be located outside Spain, and 10,000MW by 2011. The Company is in the process of building its sixth wind farm in France, a wind energy project in Mexico and a solar photovoltaic facility in Spanish Province of Soria. <br />
<br />
At least part of Iberdrola’s expansion into renewables has been done by buying other companies. Iberdrola bought Community Energy Inc, in the US during 2006, to give it a platform to enter the US wind market quickly. Iberdrola were said to be: “uniquely poised to accelerate CEI’s delivery of wind energy generation to its utility partners and customers.” <ref>[http://www.communityenergy.biz/pr/cei_pr_iberdrola.html IBERDROLA, World Leader in Renewable Energy, Enters the U.S. Market with the Forthcoming Acquisition of Community Energy, Inc], ''Community Energy Inc.'' Press Release, 2 May, 2006.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it has been trying to buy the Scottish Utility, [[Scottish Power]]. Scottish Power, too, says its vision is to be a world leader in renewables. It is the biggest generator of onshore wind energy in the UK and is developing biomass and wave generation. <ref>[http://www.scottishpower.com/ Scottish Power Website], (viewed 23.01.07)</ref><br />
<br />
Scottish Power has not demonstrated any great enthusiasm for new nuclear reactors in Scotland. It has been reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company goes on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
It would be unfortunate if Iberdrola’s purchase of Scottish Power meant the utility joined other UK utilities in lobbying for a nuclear renaissance.<br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> Investors are due to receive some Iberdrola shares plus 400p cash for each SP share. Scottish Power chairman, Charles Miller Smith, is expected to give his views on the future of the combined operation soon, now that the EC has given its verdict, in time for a meeting of shareholders to approve the takeover in early March. <ref>John Phelps, [http://www.sundayherald.com/business/businessnews/display.var.1136961.0.scottish_power_investors_hope_for_more_than_romance_this_valentines_day.php Scottish Power investors hope for more than romance this Valentine’s Day], ''Sunday Herald'', 21 January, 2007. </ref><br />
<br />
After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company is committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref> There has even been some discussion of Iberdrola cleaning up emissions from the Cockenzie coal-fired power station, which Scottish Power has slated for closure in 2015, rather than attempting to meet the Large Combustion Plant Directive. <ref>Douglas Friedli [http://business.scotsman.com/topics.cfm?tid=1371&id=1871552006 Iberdrola to Spend £1.5bn on Greener Scottish Power], ''Scotland on Sunday'', 17 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175145Iberdrola2012-08-29T11:14:13Z<p>Peter Roche: /* Background */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
The company has subsidiaries in approximately 40 countries, including Spain, Portugal, the United Kingdom, Germany, France, Italy, Greece, Russia, China, Egypt, Canada, Mexico, Brazil and the United States, among others. <ref> [http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IBE.MC Reuters website], Iberdrola SA. Accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: Sta. Maria de Garona (50% - 466MW); Trillo I (49%- 1067MW); Asco II (15% - 1027MW); Vandellos II (28% - 1087MW); Cofrentes (100% - 1092MW); Almaraz (52.69% - 1092MW). <ref>[http://www.iberdrola.es/wcorp/gc/en/corporativos/p_renovable.html Iberdrola Website] (viewed 22.01.07) [http://www.iberdrola.es/wcorp/gc/en/doc/ppgenera.html See Map]</ref> It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]],<ref>[http://www.foronuclear.org/en/acceso_socios.jsp Foro Nuclear website]</ref> as well as the American [[Nuclear Energy Institute]],<ref>[http://www.nei.org/documents/NEI_Member_Roster.pdf Nuclear Energy Institute website]</ref> by virtue of its membership of the [[Spanish Electricity Industry Association]].<ref>[http://www.unesa.es/ UNESA website]</ref><br />
<br />
In theory the Spanish Government is committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There is no specific timetable, nor is there likely to be one before the next General Election in March 2008. Industry Minister, Jose Montilla, has even said the government will consider lifetime extensions for existing reactors. The nuclear industry in Spain has been campaigning hard for the phase-out policy to be dropped. <ref>[http://www.greenpeace.org/international/news/spain-adios-nuclear-31-06-06 Spain says “Adios” to Nuclear Power], ''Greenpeace Press Release'', 31 May, 2006. See also, [http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
On the other hand, the Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref>[http://www.iberdrola.es/wcorp/corporativa/iberdrola?IDPAG=ENENRENOVR Iberdrola website] (viewed 22.01.07) See also, [http://altenergyinvestor.advfn.com/iberdrola.html Alt energy Investor Website] (Viewed 23.01.07) </ref> It says it plans to invest 3.25 billion euros in renewable projects between now and 2009. The Company’s aim is to reach 7,000 MW of renewable energy during 2009, of which 1,450 MW will be located outside Spain, and 10,000MW by 2011. The Company is in the process of building its sixth wind farm in France, a wind energy project in Mexico and a solar photovoltaic facility in Spanish Province of Soria. <br />
<br />
At least part of Iberdrola’s expansion into renewables has been done by buying other companies. Iberdrola bought Community Energy Inc, in the US during 2006, to give it a platform to enter the US wind market quickly. Iberdrola were said to be: “uniquely poised to accelerate CEI’s delivery of wind energy generation to its utility partners and customers.” <ref>[http://www.communityenergy.biz/pr/cei_pr_iberdrola.html IBERDROLA, World Leader in Renewable Energy, Enters the U.S. Market with the Forthcoming Acquisition of Community Energy, Inc], ''Community Energy Inc.'' Press Release, 2 May, 2006.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it has been trying to buy the Scottish Utility, [[Scottish Power]]. Scottish Power, too, says its vision is to be a world leader in renewables. It is the biggest generator of onshore wind energy in the UK and is developing biomass and wave generation. <ref>[http://www.scottishpower.com/ Scottish Power Website], (viewed 23.01.07)</ref><br />
<br />
Scottish Power has not demonstrated any great enthusiasm for new nuclear reactors in Scotland. It has been reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company goes on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
It would be unfortunate if Iberdrola’s purchase of Scottish Power meant the utility joined other UK utilities in lobbying for a nuclear renaissance.<br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> Investors are due to receive some Iberdrola shares plus 400p cash for each SP share. Scottish Power chairman, Charles Miller Smith, is expected to give his views on the future of the combined operation soon, now that the EC has given its verdict, in time for a meeting of shareholders to approve the takeover in early March. <ref>John Phelps, [http://www.sundayherald.com/business/businessnews/display.var.1136961.0.scottish_power_investors_hope_for_more_than_romance_this_valentines_day.php Scottish Power investors hope for more than romance this Valentine’s Day], ''Sunday Herald'', 21 January, 2007. </ref><br />
<br />
After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company is committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref> There has even been some discussion of Iberdrola cleaning up emissions from the Cockenzie coal-fired power station, which Scottish Power has slated for closure in 2015, rather than attempting to meet the Large Combustion Plant Directive. <ref>Douglas Friedli [http://business.scotsman.com/topics.cfm?tid=1371&id=1871552006 Iberdrola to Spend £1.5bn on Greener Scottish Power], ''Scotland on Sunday'', 17 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=Iberdrola&diff=175143Iberdrola2012-08-29T11:08:39Z<p>Peter Roche: /* Background */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
In 2011 Iberdrola had an installed capacity across the globe of 46,026MW of which 7.5% was nuclear.It is the largest Spanish power company with an installed in 2011 of 21,989 MW in Spain (ecluding renewables), of which 3,373MW are nuclear. <br />
<br />
In 2006 Iberdrola made an £11.6bn takeover bid for [[ScottishPower]]. The offer was formally approved by shareholders at an EGM on 30 March 2007, effectively creating Europe's third largest utility company. Iberdrola’s installed capacity in the United Kingdom in 2011 was 6,036 MW (excluding renewables), none of which is nuclear. However, Iberdrola has a 50% share, along with [[GDF Suez]] in the [[NuGen]] consortium which is planning to build a new nuclear station next to Sellafield in Cumbria. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINNEG&codCache=13462385707493032 Liberalised Business], Iberdrola website, accessed August 2012. </ref><br />
<br />
Iberdrola is probably the world’s largest wind generator with 13,755MW of installed onshore wind capacity in 2012 across 23 countries including: Spain 5643MW installed; USA 5,366MW; 1,195MW in the U.K. and 1,536MW in the rest of the world. Iberdrola also leads in offshore development with more than 6,300 MW under development in the UK and Germany as well as with licenses recently awarded in France. <ref> [http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=ENWEBCONLINRENOVABLES&codCache=13462386021815549 Renewable Energy Business], Iberdrola website, accessed August 2012.</ref><br />
<br />
==UK lobbying==<br />
Between 2010 and 2011, Iberdrola met five times with the UK Parliamentary Under-Secretary of State at the [[Department of Energy and Climate Change]] (DECC) [[Jonathan Marland]] to discuss 'energy issues'.<ref> Who's Lobbying, [http://whoslobbying.com/uk/jonathan_marland Jonathan Marland], undated, acc 21 June 2012 </ref><br />
<br />
==A Nuclear Utility==<br />
<br />
Iberdrola owns a share of 7 nuclear reactors in Spain: Sta. Maria de Garona (50% - 466MW); Trillo I (49%- 1067MW); Asco II (15% - 1027MW); Vandellos II (28% - 1087MW); Cofrentes (100% - 1092MW); Almaraz (52.69% - 1092MW). <ref>[http://www.iberdrola.es/wcorp/gc/en/corporativos/p_renovable.html Iberdrola Website] (viewed 22.01.07) [http://www.iberdrola.es/wcorp/gc/en/doc/ppgenera.html See Map]</ref> It is a member of the [[World Nuclear Association]].<ref>[http://www.world-nuclear.org/about/members.html World Nuclear Association website]</ref> The Company is also a member of the [[Spanish Nuclear Industry Forum]],<ref>[http://www.foronuclear.org/en/acceso_socios.jsp Foro Nuclear website]</ref> as well as the American [[Nuclear Energy Institute]],<ref>[http://www.nei.org/documents/NEI_Member_Roster.pdf Nuclear Energy Institute website]</ref> by virtue of its membership of the [[Spanish Electricity Industry Association]].<ref>[http://www.unesa.es/ UNESA website]</ref><br />
<br />
In theory the Spanish Government is committed to phasing out nuclear power, but only "if circumstances permit," according to Prime Minister Jose Luis Zapatero speaking to the Spanish parliament in May 2006. There is no specific timetable, nor is there likely to be one before the next General Election in March 2008. Industry Minister, Jose Montilla, has even said the government will consider lifetime extensions for existing reactors. The nuclear industry in Spain has been campaigning hard for the phase-out policy to be dropped. <ref>[http://www.greenpeace.org/international/news/spain-adios-nuclear-31-06-06 Spain says “Adios” to Nuclear Power], ''Greenpeace Press Release'', 31 May, 2006. See also, [http://www10.antenna.nl/wise/ Nuclear Monitor, 14 July, 2006.]</ref><br />
<br />
==Nuclear Mexico==<br />
<br />
In recent years Iberdrola may have been trying to downplay its connections with the nuclear industry, by referring to itself as the largest operator of renewable energy in the world, but it has recently been a member of a consortium, which won the contract to expand and modernize Mexico’s only nuclear plant at Laguna Verde. The consortium was made up of Iberdrola and France's Alstom. The upgrade is aimed at increasing Laguna Verde's capacity to 1,634 megawatts from 1,365 MW at present. <ref>[http://today.reuters.com/news/articleinvesting.aspx?view=CN&WTmodLOC=C3-News-2&symbol=IBE.MC&storyID=2007-01-20T013623Z_01_N19205676_RTRIDST_0_MEXICO-NUCLEAR.XML&type=qcna Mexico has Three Bids to Upgrade Nuclear Plant], ''Reuters'', 19 January, 2007. Also: [http://www.forbes.com/markets/feeds/afx/2007/01/22/afx3347669.html Alsom, Iberdrola poised to win Mexico Nuclear Power Plant Contract] ''Forbes'', 22 January, 2007. Platts Nuclear News Flashes, 2 March, 2007.</ref><br />
<br />
==Once Bitten …?==<br />
<br />
On the other hand, the Spanish nuclear phase-out dates back to 1984. This left three Spanish utilities - Iberdrola, Sevillana and Union Fenosa – with a total debt of US$2,6 billion for unfinished nuclear power projects. Five nuclear power stations were in various stages of construction when the moratorium was declared: Lemoniz I and II (Iberdrola) Valdecaballeros I and II (Sevillana) and Trillo II (Union Fenosa). Although this debt was assumed by Spanish banks in 1995, Iberdrola may be wary of investing in further risky nuclear projects. <ref>Spanish Banks to Assume Nuclear Debt, [http://www10.antenna.nl/wise/ Wise News Communique], 21 July, 1995.</ref><br />
<br />
==Renewable Expansion==<br />
<br />
Iberdrola claims to be the world´s leading wind energy company and one of its largest operators in renewable energies. <ref>[http://www.iberdrola.es/wcorp/corporativa/iberdrola?IDPAG=ENENRENOVR Iberdrola website] (viewed 22.01.07) See also, [http://altenergyinvestor.advfn.com/iberdrola.html Alt energy Investor Website] (Viewed 23.01.07) </ref> It says it plans to invest 3.25 billion euros in renewable projects between now and 2009. The Company’s aim is to reach 7,000 MW of renewable energy during 2009, of which 1,450 MW will be located outside Spain, and 10,000MW by 2011. The Company is in the process of building its sixth wind farm in France, a wind energy project in Mexico and a solar photovoltaic facility in Spanish Province of Soria. <br />
<br />
At least part of Iberdrola’s expansion into renewables has been done by buying other companies. Iberdrola bought Community Energy Inc, in the US during 2006, to give it a platform to enter the US wind market quickly. Iberdrola were said to be: “uniquely poised to accelerate CEI’s delivery of wind energy generation to its utility partners and customers.” <ref>[http://www.communityenergy.biz/pr/cei_pr_iberdrola.html IBERDROLA, World Leader in Renewable Energy, Enters the U.S. Market with the Forthcoming Acquisition of Community Energy, Inc], ''Community Energy Inc.'' Press Release, 2 May, 2006.</ref><br />
<br />
==Scottish Power==<br />
<br />
The Company’s claim to be the largest owner and operator of renewable energy facilities in the world, and its clear interest in wind energy could be the reason it has been trying to buy the Scottish Utility, [[Scottish Power]]. Scottish Power, too, says its vision is to be a world leader in renewables. It is the biggest generator of onshore wind energy in the UK and is developing biomass and wave generation. <ref>[http://www.scottishpower.com/ Scottish Power Website], (viewed 23.01.07)</ref><br />
<br />
Scottish Power has not demonstrated any great enthusiasm for new nuclear reactors in Scotland. It has been reported to have no interest in nuclear generation. <ref>Ian McConnell, [http://pqasb.pqarchiver.com/smgpubs/1020956111.html?did=1020956111&FMT=ABS&FMTS=FT&date=Apr+14%2C+2006&author=IAN+McCONNELL&pub=The+Herald&desc=ScottishPower+warns+on+nuclear+Government+should+not+commit+to+major+build ''Scottish Power warns on nuclear Government should not commit to major build''], ''The Herald'', 14 April, 2007.</ref> In its response to the Department of Trade and Industry's energy review consultation, the Company cautioned against the government becoming too pro- nuclear just because it might be wary of being too dependent on imported gas for electricity generation. It said it did not believe there needs to be any major programme of nuclear construction announced as a result of the Energy Review. The Company goes on to say that in 2015, if the economics are right and progress on other low carbon technologies demand it, then new reactors could be considered. <ref>[http://www.scottishpower.com/uploads/SPEnergyReviewResponce130406.pdf Our Energy Challenge – Scottish Power Response] Scottish Power, April, 2006.</ref><br />
<br />
It would be unfortunate if Iberdrola’s purchase of Scottish Power meant the utility joined other UK utilities in lobbying for a nuclear renaissance.<br />
<br />
==Takeover Approved ==<br />
<br />
The European Commission cleared the proposed acquisition of ScottishPower by Iberdrola in the middle of February 2007. <ref>Nick Bevens, [http://business.scotsman.com/index.cfm?id=252332007 EU gives Scottish Power takeover the green light] ''Scotsman'' 16 February, 2007.</ref> Investors are due to receive some Iberdrola shares plus 400p cash for each SP share. Scottish Power chairman, Charles Miller Smith, is expected to give his views on the future of the combined operation soon, now that the EC has given its verdict, in time for a meeting of shareholders to approve the takeover in early March. <ref>John Phelps, [http://www.sundayherald.com/business/businessnews/display.var.1136961.0.scottish_power_investors_hope_for_more_than_romance_this_valentines_day.php Scottish Power investors hope for more than romance this Valentine’s Day], ''Sunday Herald'', 21 January, 2007. </ref><br />
<br />
After a meeting between the Iberdrola management and Scotland’s First Minister, it became clear that the Spanish Company is committed to the existing investment programme of Scottish Power at Longannet coal-fired station (to meet the requirements of the Large Combustion Plant Directive which imposes strict limits on sulphur dioxide and nitrogen oxide emissions) and in renewables. The First Minister said: “…most importantly for the longer term they have opened up the opportunity for us in Scotland to bid for and to secure further investment in Scotland in the energy industry”. <ref>[http://www.scotland.gov.uk/News/Releases/2006/12/05125052 Executive Meets with Iberdrola], ''Scottish Executive Press Release'', 5 December, 2006.</ref> There has even been some discussion of Iberdrola cleaning up emissions from the Cockenzie coal-fired power station, which Scottish Power has slated for closure in 2015, rather than attempting to meet the Large Combustion Plant Directive. <ref>Douglas Friedli [http://business.scotsman.com/topics.cfm?tid=1371&id=1871552006 Iberdrola to Spend £1.5bn on Greener Scottish Power], ''Scotland on Sunday'', 17 December, 2006.</ref><br />
<br />
==A Merger Made on the Wind?==<br />
<br />
Forbes Magazine says Scottish Power will fit well with Iberdrola. Scottish Power has 14 wind farms throughout Britain and Ireland. Its U.S. business, PPM Energy, operates cogeneration power plants and wind farms. Iberdrola already acquired two wind farms in Britain in 2006, and it has signed a tentative agreement to build a 1,000 megawatt wind farm in northern China. <ref>[http://www.forbes.com/markets/2006/11/09/iberdrola-scottish-power-markets-equity-cx_po_1109markets04.html Spanish Scottish Match in Thin Air] ''Forbes'', 8 November, 2006.</ref> It has also agreed to invest over $1 billion on wind farms in Turkey. <ref>[http://www.turkishweekly.net/news.php?id=40739 Spanish Iberdrola plans to build Wind Farms in Turkey], ''Turkish Weekly'', 6 November, 2006.</ref> Wind farm builder ACS is reported to be trying to increase its stake in Iberdrola from 10% to 25% in order to gain a decisive stake in the combined business, which would be the world's biggest renewable energy company. <ref>Douglas Friedli [http://scotlandonsunday.scotsman.com/business.cfm?id=1790512006 ACS targets 25% of Iberdrola] ''Scotland on Sunday'', 3 December, 2006.</ref> ACS had increased its share to over 14% by 23rd January 2007. <ref>[http://www.forbes.com/business/feeds/afx/2007/01/23/afx3352260.html ACS takes Additional 2.3 pct of Iberdrola via Equity Swap Contract] ''Forbes'', 23 January, 2007.</ref><br />
<br />
In 2004, WWF ranked global power companies according to the amount of renewable energy and gas-fired CHP installed and planned. In Europe Iberdrola and Scottish Power came out top. <ref>[http://assets.panda.org/downloads/rankingpowerreportbranded.pdf Ranking Power: Scorecards for Electricity Companies] ''WWF Powerswitch Campaign'', November, 2004.</ref><br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:Pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=British_Energy&diff=174913British Energy2012-08-24T13:39:47Z<p>Peter Roche: /* Background */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
On 5 January 2009, [[EDF Energy]] acquired a controlling interest in British Energy Group plc. British Energy delisted from the London Stock Exchange on 3 February 2009.<br />
<br />
'''British Energy''' was privatised and floated in 1996. BE currently owns and operates eight of the UK's remaining operating nuclear power stations. Only Wylfa on Anglesey remains in state ownership, managed by the Nuclear Decomissioning Authority.<br />
<br />
[[Mike Alexander]] its ex-Chief Executive was an enthusiastic proponent of nuclear energy. Delivering the keynote speech at a gathering of UK's leading energy figures organized by the [[Energy Industries Club]], he declared that the volume of waste produced by nuclear energy is trivial, "equivalent to 24 double-decker buses a year."<ref>Jonathan Leake, 'The nuclear charm offensive', [http://www.newstatesman.com/200505230004 ''New Statesman''], 23 May, 2005.</ref><br />
<br />
American [[Bill Coley]] took over as BE's new Chief Executive in March 2005. He was labelled by the press as the "ambassador for Britain's next nuclear age." Coley argues that the only way for Britain to reduce its climate dioxide emissions is nuclear. "I will tell you from the mathematics it is not possible to meet the climate change objectives of the country and sustain the economy without new nuclear facilities". Coley argues that renewables such as wind will only have a "niche" role in the future. "When you take a look at the environmental impact of nuclear generation I think it is far more attractive than many of the other technologies," argued Coley.<ref>S. Fleming (2005) "Southern Gent Who Wants to Reignite Energy Talks", ''The Daily Mail'', 9 February, p79</ref><br />
<br />
Coley stepped down as chief executive after leading British Energy into a $23 billion takeover deal with [[EDF Energy]] in 2009. <ref> World Nuclear News, [http://www.world-nuclear-news.org/IT_Bill_Coley_steps_down_during_integration_3007091.html Bill Coley steps down during integration], 30 July 2009, acc 22 June 2012</ref><br />
<br />
==PR and Lobbying==<br />
<br />
In 2003-04 British Energy (BE) retained [[PPS Group]], a specialist PR agency focused on influencing local government particularly in relation to planning issues. In early 2004 it dropped [[Hill & Knowlton]] as its retained PA adviser after 14 years. In October 2004, British Energy appointed [[Craig Stevenson]], a former UK lobbyist for [[Monsanto]] as the head of government affairs and in December it enlisted [[Helen Liddell]], the former energy minister, to provide "strategic advice" on a short contract for a fee of roughly £15,000. BE also commissioned the services of [[Financial Dynamics]], a PR firm, for a sum of £1 million.<ref>Jonathan Leake and Dan Box, [http://afr.com/articles/2005/05/26/1116950813750.html When PR goes nuclear], ''New Statesman'', 27 May, 2005.</ref> <br />
<br />
In 2010 BE was listed as a client by Grayling public affairs. <ref> PRCA Public Affairs Register – 1 March 2010 to 31 May 2010 </ref><br />
<br />
British Energy is a founding member of the [[Scottish Parliament Business Exchange]] and helped to fund the [[Science Media Centre]].<br />
<br />
==PR Agencies==<br />
*[[BIG Partnership]]<br />
<br />
==A "Blank Cheque" from the Government==<br />
<br />
In March 2006, the National Audit Office released a scathing report into the finances of British Energy. Acccording to the Guardian: "The government's decision to bail out the nuclear power generator British Energy has left the taxpayer facing 'a large and uncertain liability', the National Audit Office has warned".<ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1732769,00.html "Ministers 'Wrote Blank Cheque' to Bail out Nuclear Power Group"] ''The Guardian'', 17 March, 2006.</ref> In February 2006, British Energy had also revealed that the liabilities underwritten by the tax payer had increased by £1 billlion to £5.1 billion.<ref>National Audit Office, [http://www.nao.org.uk/pn/05-06/0506943.htm "The Department of Trade and Industry: The Restructuring of British Energy"] Press Release, 17 March, 2006.</ref> The Department of Trade and Industry was also heavilly criticised by the NAO for failing to keep a careful eye on the £29.1 million fees charged by city firms in relation to British Energy.<ref>Christopher Hope, [http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/03/17/cndti17.xml&menuId=242&sSheet=/money/2006/03/17/ixcity.html Watchdog Attacks £29.1m Spending], ''Daily Telegraph'', 17 March, 2006.</ref> On 24 September 2008, it was announced that Électricité de France (EDF), the state owned French energy company, had agreed a takeover of the company, paying £12.5 billion.<ref>'EDF agrees to buy British Energy' [http://news.bbc.co.uk/1/hi/business/7632853.stm BBC website], 24 September, 2008.</ref><br />
<br />
==Key Personnel==<br />
===Nuclear Management Team===<br />
*Dr [[Andrew Spurr]] - Managing Director<br />
*Mark Gorry - Safety & Technical Director, Nuclear Generation <br />
*Stuart Crooks - Chief Technical Officer, Nuclear Generation<br />
*Brian Cowell - Chief Nuclear Officer, Region 1, Nuclear Generation<br />
*Matt Sykes - Chief Nuclear Officer, Region 2, Nuclear Generation<br />
*Peter Prozesky - Chief Nuclear Officer, Region 3, Nuclear Generation<br />
*Rob Guyler - Finance Director, Nuclear Generation<br />
*David Akers - Human Resources Director, Nuclear Generation<br />
<br />
Former Chief Executive was [[Bill Coley]] until the takeover by EDF.<br />
<br />
===British Energy Generation Ltd board===<br />
*Dr Andrew Spurr - Managing Director<br />
*Mark Gorry - Safety & Technical Director, Nuclear Generation<br />
*Brian Cowell - Chief Nuclear Officer, Region 1, Nuclear Generation<br />
*Matt Sykes - Chief Nuclear Officer, Region 2, Nuclear Generation<br />
*Peter Prozesky - Chief Nuclear Officer, Region 3, Nuclear Generation<br />
*Stuart Crooks - Chief Technical Officer, Nuclear Generation<br />
*Thomas Kusterer - Chief Financial Officer<br />
<br />
==Corporate memberships==<br />
*[[Science Media Centre]]<br />
*[[Scottish Parliament Business Exchange]]<br />
<br />
==Website==<br />
<br />
[http://www.british-energy.co.uk www.british-energy.co.uk]<br />
<br />
==Related Articles==<br />
<br />
*Tim Webb, [http://www.looksmartauto.com/p/articles/mi_qn4159/is_20051127/ai_n15874042 "Analysis: Nuclear haze"], ''Independent on Sunday'', 27 November, 2005.<br />
<br />
==Notes==<br />
<references/><br />
<br />
[[Category:Scotland]]<br />
[[Category:Civil nuclear industry]]<br />
[[Category:pro-nuclear companies]][[Category:Scottish Corporations]]<br />
<br />
[[Category:Civil nuclear industry]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Nuclear Spin]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Energy&diff=174910EDF Energy2012-08-24T13:03:42Z<p>Peter Roche: /* Subsidiary of world's largest nuclear operator */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
[[EDF]] was formed in 2003 when [[SEEBoard]], [[London Energy]] and [[SWEB]] were merged.<br />
<br />
EDF Energy is a wholly owned subsidiary of [[EDF Group]], one of the largest energy groups in Europe, which when it bought [[British Energy]] became one of the world's biggest. EDF generates between 6 and 12 per cent of the UK's energy (figures vary on their webpage) from coal, gas, nuclear and wind. 'Its EBITDA in 2009 was €17.4 billion. The net income (Group share) was €3.9 billion (+12.1%). R&D budget in 2007 amounted to €375 million.' <ref>EDF, "[http://www.edfenergy.com/about-us/about-edf-energy/who-owns-us.shtml EDF Who Owns Us]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
EDF is a 'sustainability' partner of the London Olympic Games 2012, the Paralympics, and also sponsors the EDF Energy Cup in Rugby. It claims to be committed to sustainability and donate to regional and local green initiatives and is a member of the [[UK Business Council for Sustainable Energy]].<br />
<br />
==Lobbying==<br />
<br />
EDF does a lot of lobbying. It had a part to play in the [[Energy White Paper]] and [[UK Energy Review 2007]] and a number of select committee reports, and briefings to ministers.<ref>EDF, "[http://www.edfenergy.com/sustainability/performance-report/download-pdf-report/PDF-Index.shtml EDF Energy and Sustainability Performance Report 2007]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
===External===<br />
In 2011-2012 EDF's external registered lobbying firms were the [[PPS Group]], which includes a number of other energy companies among its clients, and [[MHP Communications]]. <ref>APPC Register Entries for 1 Dec 2011 to 29 Feb 2012 & 1st March 2012 to 31st May 2012</ref><br />
<br />
In August 2012, [[Pagefield]] was brought in to handle strategic comms and help strengthen EDF's case for building a controversial proposed third nuclear power reactor at [[Sizewell]] in Suffolk, UK. It won the six-figure account after a pitch process thought to have been initiated one year beforehand. According to ''PR Week'' Pagefield "is expected to play a key role in the development of EDF’s narrative around the value of a new nuclear power reactor, liaising with the public, media and stakeholders such as the [[Environment Agency]] and local authorities. Partner [[Wendy Blair]] is handling the account. [[Mark Gallagher]] will provide senior-level strategic counsel. <ref name="nuclear">Matt Cartmell, [http://www.prweek.com/uk/news/1145402/edf-bolsters-comms-underpin-nuclear-plans/ EDF bolsters comms to underpin nuclear plans], , prweek.com, Wednesday, 15 August 2012, 9:24am, acc 15 August 2012 </ref><br />
<br />
[[Brunswick Group]] also mentions EDF Energy as a corporate comms client; Brunswick director [[Aideen Lee]] handles the account. <Ref> [http://www.brunswickgroup.com/our-people/partners-directors/profile.aspx?Id=185 Our People: Aideen Lee], Brunswick website, undated, accessed 8 June 2012 </ref><br />
[[Weber Shandwick]] is retained for consumer PR. <ref name="nuclear"/><br />
<br />
===Internal===<br />
*[[Victoria MacGregor]] - Head of Public Affairs at EDF Energy since 2001. Before this was Marketing and Policy Manager at [[Independent Healthcare Association]] and an Account Manager at [[Grey Advertising]].<ref> [http://uk.linkedin.com/pub/victoria-macgregor/2a/26b/72a?trk=pub-pbmap Victoria MacGregor profile], LinkedIn, accessed 28 May 2012 </ref><br />
*[[Paul Clark]] - Senior Public Affairs Manager.<br />
<br />
==Subsidiary of world's largest nuclear operator==<br />
<br />
EDF Energy is one of the largest energy companies in the UK, employing nearly 15,000 people. It is one of over 70 subsidiaries of the [[EDF Group]], which has almost 40 million customers worldwide, <ref>[http://www.edf.com/96134i/Homefr/EDFinternationalpresence.html EDF International Presence] EDF Group website (accessed November, 2006) and [http://www.linkedin.com/company/edf-energy EDF Energy profile], LinkedIn, accessed 10 August 2012</ref> and is the world’s largest nuclear operator. <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1890709,00.html “Nuclear Sector Calls for New Agency”,] ''Guardian'', 9 October, 2006.</ref> <br />
<br />
The UK is probably the most important market for EDF outside of France. In 2011 sales in the UK were 8.6 billion euros, compared with 37.2 billion euros in France. <ref>[http://www.edf.com/html/RA2011/en/pdf/EDF2011_001_va.pdf 2011 News/Global Issues,] EDF Activity and Sustainable Development Report 2011.</ref> It is the largest electricity supplier for London, the south-east and the south-west of England and as of August 2012 supplies energy to around 7.9 million customers (up from 5 million in 2006). It owns and manages the distribution network serving around a quarter of the UK population. It also operates coal and gas-fired plant as well as CHP plant and wind farms. <ref>[http://www.edfenergy.com/html/showPage.do?name=edfenergy.about.til About Us] EDF Energy Website (accessed November, 2006).</ref><br />
<br />
It owns what used to be [[British Energy]], London Electricity, Eastern Electricity, and South East Electricity (Seeboard Energy). In the South West (SWEB Energy) area, the distribution network is owned by [[Western Power Distribution]], but EDF supplies customers in that area.<br />
<br />
EDF’s generating plants include:-<br />
* British Energy's eight nuclear power stations at Torness, Hunterston B, Hartlepool, Heysham 1 &2, Hinkley Point B, Dungeness B and Sizewell B.<br />
* Cottam coal-fired station (2,000MW) near Retford<br />
<br />
* West Burton coal-fired station (2,000MW)<br />
<br />
* Sutton Bridge Combined Cycle Gas Turbine station (790MW)<br />
<br />
* Barkantine CHP Plant – Tower Hamlets. <br />
<br />
* 62 MW Offshore wind farm under construction off the coast of Redcar. The company also operates twenty onshore windfarms in north-east England.<br />
<br />
* EDF Energy is constructing a new 1,300MW Combined Cycle Gas Turbine (CCGT) power station at its West Burton site, in Nottinghamshire.<br />
<br />
==EDF wants new UK reactors by 2017==<br />
<br />
Back in October 2006 CEO Vincent de Rivaz proclaimed in a speech in London that EDF Energy was moving from being "investors in waiting" to "investors in action" for new nuclear power in the UK. He told the [[Nuclear Energy Finance Forum]] that EDF had set up a UK nuclear project team which aimed to show the government it "can rely on us to deliver safe, reliable and economical new nuclear in the UK". <br />
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As investors, EDF also needed to have confidence in the government, he said. New nuclear investments would be made on time scales extending to eight parliaments or more. Given that political risk is a key factor in setting the capital cost of new nuclear, government policy and support were vital. It was essential, de Rivaz said, that the UK government’s 2007 Energy White Paper gave a clear and unambiguous statement of the need for new nuclear in the long-term energy mix in the UK. <br />
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EDF Energy began consulting on plans to build a new nuclear station at Hinkley Point in Somerset in October 2008. <ref> [http://www.edfenergy.com/media-centre/press-news/edf-begins-public-consultation-on-its-Hinkley-Point-nuclear-plans.shtml EDF Energy Press Release], 14th October 2008, accessed August 2012.</ref> By the time it began the takeover of British Energy in January 2009 it was already clear that EDF Energy also wanted to build a new station at Sizewell in Suffolk. <ref> [http://www.edfenergy.com/media-centre/press-news/Combined-company-will-build-on-unrivalled-experience-of-EDF-and-British-Energy.shtml EDF Energy Press Release], 9th January 2009, accessed August 2012. </ref> <br />
<br />
The Health and Safety Executive (HSE), Environment Agency and Office for Civil Nuclear Security (OCNS) published new guidance for the assessment of new reactor designs for any new nuclear power stations that may potentially be built in the UK in early 2007. <ref> [http://www.hse.gov.uk/newreactors/guidance.htm Guidance: assessment of new nuclear power stations] Office for Nuclear Regulation website, accessed August 2012. </ref> EDF Energy said at that time that it hoped to put in a pre-licensing application in early 2007, and then start pouring concrete in 2012 and open the first new reactor in 2017.<br />
<br />
Applications from nuclear vendors interested in having their reactor designs assessed by the nuclear regulators were invited by 22nd June 2007. EDF Energy and [[Areva]] submitted the European Pressurised Water Reactor design to the process. <ref>[http://www.world-nuclear-news.org/newsarticle.aspx?id=13580&LangType=2057 Areva British Energy move for new UK nuclear], World Nuclear News 20th June 2007, accessed August 2012. </ref> In March 2008, the initial assessment of four nuclear power station designs was completed. No shortfalls in any of the designs were found. <br />
<br />
The Office for Nuclear Regulation (ONR) and Environment Agency say they were on course to complete a meaningful Generic Design assessment for the two proposed reactor designs by June 2011, but this was delayed pending an evaluation of lessons from the Fukushima accident. In December 2011 the ONR issued interim approval for the UK EPR with a long list of caveats – 31 so-called GDA<br />
Issues. <ref> [http://www.i-nuclear.com/2011/12/15/work-remains-on-uk-epr-despite-progress/ Work remains on UK EPR, despite progress] i-Nuclear 15th December 2011, accessed August 2012.</ref><br />
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<br />
==NNB Generation Company==<br />
<br />
EDF bought British Energy in 2009 jointly with [[Centrica]], with EDF Energy taking 80% ownership and Centrica the rest. At the same time it set up NNB Generation Company (NNB GenCo) to build and operate two new nuclear power stations with Centrica taking a 20% stake in that company as well. <ref> [http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Nuclear/6541463 EDF, Centrica spend $300 million on new UK reactor program], Platts 25th October 2010, accessed August 2012.</ref><br />
<br />
==EDF Wanted Public Inquiries Emasculated== <br />
<br />
As early as October 2006 Rivaz said the Company is not looking for public subsidies - "just a framework which will allow us to invest in low-carbon generation and that includes nuclear". <ref>Mark Milner, [http://business.guardian.co.uk/story/0,,1892310,00.html “No Subsidies for Nuclear says Energy Minister”,] ''Guardian'', 11 October, 2006.</ref> EDF Energy’s submission to the DTI on the proposed Nuclear Policy Framework highlighted “the need for a licensing and planning environment for new nuclear power stations that '''significantly reduces the risks''' associated with investment, by providing certainty in terms of timescale and cost. (emphasis added) <ref>[http://www.edfenergy.com/core/response_to_dti/docs/EDF_Energy_Response_to_DTI_new_nuclear_build_consultation.pdf EDF Energy Response to the DTI Consultation on the Policy Framework for New Nuclear Build,] October, 2006.</ref> <br />
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The submission said EDF has identified a number of issues, which should be addressed in order to “further reduce the risks associated with licensing and planning, and increase the certainty that investment in new nuclear will come forward”. In particular the company wanted public inquiries to be restricted to consideration of local issues, and it wanted the Government to set out a clear timetable for implementation of the policy framework so that new reactors could be operational by 2017.<br />
<br />
Rivaz also warned that Europe is facing an energy capacity crunch. By 2030, one trillion euros worth of investment in new energy capacity in Europe is needed if we are to ensure energy security. <ref>Pearl Marshall, “UK's climate, energy policies encourage EDF investment”, ''Nucleonics Week'', Vol. 47, No. 44, 2 November, 2006.</ref><br />
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The short-lived Infrastructure Planning Commission (IPC) was set up in October 2009, opening fully for business in March 2010. Friends of the Earth described the IPC as “an unelected, undemocratic body - the new Commissioners aren’t directly accountable to the people their decisions will affect. It’s going to be very difficult for local people to get their voices heard, especially with key documents being so technical and opportunities to attend inquiries so few. If people are unhappy with the process they’ll have to take the matter to court, which is extremely difficult and costly.” <ref> [http://www.foe.co.uk/resource/press_releases/ipc_01092009.html New Infrastructure Planning Commission fails to give people a proper say on major projects], Friends of the Earth Press Release 1st October 2009, accessed August 2012.</ref><br />
<br />
<br />
==Hinkley Point C==<br />
<br />
NNB Generation Company Ltd started a formal pre-application process for the authorisation of the Hinkley Point C nuclear power station in July 2010. In December 2010 campaigners accused EDF Energy of ‘jumping the gun’ by applying for planning permission for what it called ‘preliminary works’. This involved trashing over 400 acres of woodland, cornfields and coastline, and the excavation of more than 3.2 million cubic metres of soil, sub-soil and rocks - more than was dug out to prepare the site for the 2012 London Olympic Games. <ref> [http://www.stophinkley.org/PressReleases/pr101201.htm EDF “Jumping The Gun” with Hinkley Point destruction], Stop Hinkley Press Release 1st December 2010, accessed August 2012 </ref> EDF Energy was given the go ahead for the preliminary works in July 2011, <ref> [http://www.guardian.co.uk/environment/2011/jul/29/planners-approve-nuclear-power-station-preparatory-work Hinkley C nuclear power station gets green light for preparatory work], Guardian 29th July 2011, accessed August 2012.</ref><br />
<br />
EDF Energy had been expected to submit its application to the Infrastructure Planning Commission in December 2010, but in the end it wasn’t submitted until the last day of October 2011. <ref> Walker, A. [http://www.bdb-law.co.uk/our-insights/blogs/planning-act-2008-blog/2011/12/291-project-progress-analysis-as-hinkley-point-application-made Project progress analysis as Hinkley Point application made], Planning Act 2008 Blog, No.291, 2nd November 2011, accessed August 2012</ref> Local people who attended the preliminary hearing of the IPC into the EDF Energy application were shocked at the limited scope of the inquiry and the attitude of the lead commissioner. When one local resident asked who would look at the dangers of nuclear power and the impact on the health of local children, she was told the point was irrelevant and her microphone was turned off. <ref>[http://www.stophinkley.org/PressReleases/pr120322.pdf Government bully boy Sir Andrew Phillipson sets the tone of Infrastructure Planning Commission's examination of EDF's application to build Nuclear Power Station in Somerset], Stop Hinkley Press Release 22nd March 2012, accessed August 2012.</ref><br />
<br />
==Victory for the Lobbyists==<br />
<br />
Those involved in a huge lobbying campaign for a new generation of nuclear power stations achieved at least a partial victory when the UK government published its energy review report in July 2006, <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1817546,00.html “The Powerful Business of Promoting a Nuclear Future”,] ''The Guardian'', 11 July, 2006.</ref> although some in the industry said it did not go far enough. <ref>Terry Macalister and Patrick Wintour, [http://business.guardian.co.uk/story/0,,1818533,00.html “Nuclear chiefs say Plans do not go Far Enough”,] ''The Guardian'', 12 July, 2006.</ref><br />
<br />
The Chancellor of the Exchequer's brother, [[Andrew Brown]], head of media relations at EDF Energy, will have been one of those celebrating. Brown moved to EDF from the PR company [[Weber Shandwick]], where he had been director of media strategy. [[Weber Shandwick]] has a long history of involvement with the atomic industry. A former UK chief executive of Shandwick International, [[Philip Dewhurst]], has also been an important figure pushing the pro-nuclear message as corporate affairs director for [[British Nuclear Fuels Ltd]] (BNFL). More recently, Mr Dewhurst has been acting as chairman of the [[Nuclear Industry Association]] (NIA). [[Weber Shandwick]], whose senior vice chairman had been former Sun editor [[David Yelland]], used to provide PR advice to British Nuclear Fuels, which used to manage the Sellafield site. <br />
<br />
More recently [[Weber Shandwick]] worked for [[Nexia Solutions]] – which was a wholly owned subsidiary of BNFL providing technology services and solutions across the full nuclear fuel cycle primarily in the UK, but with an increasing overseas market. Nexia Solutions became the foundation of a new [[National Nuclear Laboratory]] when it was launched in July 2008. <ref>Nexia Solutions Press Release, [http://www.nexiasolutions.com/section.php?pageID=26&ID=276 “''Nexia Solutions Welcomes Announcement of UK National Nuclear Laboratory''”], 24 October, 2006.</ref><br />
<br />
==Decentralised Energy for London or Greenwash Trap?==<br />
<br />
In March 2006, Mayor of London Ken Livingstone, announced that EDF Energy had been chosen to work in partnership with the London Climate Change Agency to drive forward work that will provide decentralised, more efficient energy supplies for London. EDF Energy was the preferred bidder to set up a joint venture energy services company to develop sustainable energy schemes for London.<br />
<br />
The company will identify and develop sites across the capital where investment in sustainable energy technology will reduce carbon dioxide emissions, by encouraging the use of combined heat and power and renewable energy. Not only could this lead to a more secure and sustainable energy supply for London, but also to reduced household bills.<br />
<br />
CEO Vincent de Rivaz sees no contradiction in promoting Decentralised Energy and lobbying for new nuclear reactors in the UK. He says “EDF Energy believes that a diverse mix of energy is the key to security of supply for the UK in the longer term and central to the fight against climate change. Local solutions will need to play their part as part of that diverse mix”. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20060306a.html “Mayor Announces EDF Energy as Partner to Develop Climate Change Initiatives for London”,] 6 March, 2006.</ref><br />
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The partnership will soon roll out combined heat and power units across London; all new social housing developments will soon have to be nearly 60% more efficient than they are now. <ref>John Vidal, [http://environment.guardian.co.uk/travel/story/0,,1935908,00.html “Plane Speaking”], ''The Guardian'', 1 November, 2006.</ref><br />
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Ken Livingstone has called on the government to abandon plans for new nuclear power stations <ref>Ken Livingstone, [http://society.guardian.co.uk/comment/story/0,,1756095,00.html “Why Nuclear Power is out of the Question”], ''The Guardian'', 19 April, 2006.</ref> But he told ''The Guardian'' that he sees “no contradiction with the fact that EDF also generates energy elsewhere that is not sustainable”. He says, whilst he doesn’t agree with them on nuclear power, it would be churlish of him to turn down millions of pounds of investment in the renewable energy alternatives”. <ref>Ken Livingstone, [http://www.guardian.co.uk/letters/story/0,,1733584,00.html Letter to the Guardian], 18 March, 2006.</ref> Clearly concerned that Livingstone might be giving the nuclear proponents a public relations coup, ''The Guardian'' responded by pointing out that EDF had declared its interest in building 10 new nuclear plants in the UK with at least some of them likely to be built near London. <ref>John Henley, [http://www.guardian.co.uk/diary/story/0,,1735462,00.html “Guardian Diary”], ''The Guardian'', 21 March, 2006.</ref><br />
<br />
==Climate Balance - Misleading Consumers?==<br />
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In a further attempt to bolster it environmental credentials, EDF Energy has invited its customers to pay an extra 0.42p (incl VAT) per unit of electricity and 0.147p per unit of gas to be spent on carbon offsetting projects. The examples it gives are the promotion of efficient cooking stoves in Bangladesh and reforestation projects in Uganda. <ref>[https://www.edfenergy.com/climatebalance/edf-energy/welcome.do?name=climatebalance.welcome.til Climate Balance], EDF Energy Website (accessed November, 2006).</ref> <br />
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''The Guardian'' said this scheme was launched amid growing disquiet among environmentalists about carbon offsetting and just days after Scottish & Southern Energy was ordered to stop using a leaflet detailing its tree-planting carbon-offset project - a similar scheme - because it misled consumers. <ref>Miles Brignall, [http://business.guardian.co.uk/story/0,,1923154,00.html “EDF offers Customers Change to Join Carbon Offset Set”], ''The Guardian'', 16 October, 2006.</ref><br />
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Friends of the Earth says it is growing increasingly concerned about the basis of carbon-offset schemes. "If companies are genuinely concerned about climate change they should focus their attention on cutting their emissions and using clean sources of energy."<br />
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==Olympic Games Bid Supporter==<br />
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EDF Energy was also the first company to sign up as a Premier Partner of the bid to bring the Olympics to London. The Company has said it wants to help ensure that London 2012 will be the “most environmentally friendly and sustainable games ever seen”.<br />
<br />
* It provided £1m of sponsorship to London 2012 <br />
* EDF Energy branded over 2,000 vans and 20 of its buildings with the London 2012 logo<br />
* The Company ran a £1m Sports for Schools campaign with the London Evening Standard <br />
* £350k provided to schools for school grounds and sports equipment through the EDF Energy Fit For Fun Awards and our staff focused Cash for Schools scheme. <br />
* Promoted the bid through broadcast sponsorship of the Boat Race and the European Rugby Cup, 140 banners across central London, perimeter board advertising at sporting events, Getty Gallery sponsorship, press competitions. <br />
* Currently encouraging participation in sport through the EDF Energy Weekend Workout in conjunction with ITV London. <br />
* 3,400 of its staff signed up as "Olympic Ambassadors" <br />
* Provided the London 2012 Countdown Clock "Powered by EDF Energy" in Trafalgar Square <br />
* Promoted the bid to its customers through customer communications materials and the London 2012 logo on its envelopes. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20050706.html “''London Wins Bid to Host 2012 Olympic and Paralympic Games''”], 6 July, 2005.</ref><br />
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==The Way to a Man’s Heart? – Football==<br />
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The Company, which only started to use the EDF Energy name across its 5 million customers in May 2006, used its sponsorship of ITV’s coverage of the FIFA World Cup in June 2006 as a way of increasing its brand recognition. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.archive.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/archive/20060519a.html “''New Look for Power Firm''”], 19 May, 2006.</ref><br />
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In August 2006 EDF Energy agreed a three-year deal with the Rugby Football Union and Premier Rugby Ltd to sponsor the Anglo-Welsh Cup – a period when public support for new nuclear reactors will be critical to whether or not they are built. The competition has, therefore changed its name from the Powergen Cup to the EDF Energy Cup. <ref>Rugby Football Union Press Release, [http://www.rfu.com/index.cfm/fuseaction/RFUHome.News_Detail/StoryID/14369 “''EDF Energy to Sponsor UK’s Premier Cup Competition''”], 1 August, 2006.</ref><br />
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Rivaz was clear that the sponsorship was to “help us build on the brand awareness” following on from the Company’s sponsorship of the ITV World Cup coverage. Sounding rather like someone building a fifth column he said the deal would help EDF build a connection with almost 2,000 amateur rugby clubs which are at the heart of their communities – a grass roots dimension which is a vital part of developing a relationship with its customers. A strategy the Company clearly believes has worked in France. [[EDF Group]] has contributed to the development of French Rugby from grassroots to the professional level, for more than three decades, and is one of the sponsors of the 2007 Rugby World Cup in France. <ref>[http://www.rugbyworldcup.com/EN/Home/partners+edf.htm Rugby World Cup 2007 website] (accessed November, 2006).</ref><br />
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JD Power's survey of more than 2,500 people, however despite its support for sport, ranked EDF Energy as the gas and electricity supplier with the lowest customer satisfaction score. <ref>[http://business.guardian.co.uk/story/0,,1938867,00.html “Customer Satisfaction Drops as Fuel Prices Rise”,] ''The Guardian'', 3 November, 2006.</ref><br />
<br />
==Funding and finances==<br />
<br />
<br />
==People==<br />
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*[[Vincent de Rivaz]] CEO<br />
*[[Simone Rossi]] Chief Financial Officer<br />
*[[Janet Hogben]] Chief People Officer<br />
*[[Peter Hofman]] Chief Information Officer<br />
*[[Paul Spence]] Director of Strategy and Corporate Affairs<br />
*[[Andy Spurr]] Managing Director – Nuclear Generation<br />
*[[Humphrey Cadoux-Hudson]] Managing Director – Nuclear New Build<br />
*[[Martin Lawrence]] Managing Director – Energy Sourcing and Customer Supply<br />
<br />
*[[Andrew Brown]] Former Director Corporate Communications<br />
*[[Kaa Holmes]] currently Head of Media Relations at EDF Energy.<br />
*[[Will Hutton]] Chief Executive of The Work Foundation and Chair of EDF Energy's Stakeholder Advisory Panel<br />
*[[Richard Mayson]], Former Director of Planning and External Affairs for Nuclear New Build, EDF Energy<br />
<br />
*[[Martin Lawrence]], EDF Energy, Former Managing Director, Energy Sourcing and Customer Supply<br />
*[[Nigel Knee]], Former Head of Nuclear Policy and Nuclear New Build, EDF Energy. Was previously part of British Energy’s strategy and business development team, focusing on the opportunity for new nuclear build.<br />
*[[Bobby Dean]] - Account Executive from [[PPS Group]] who was seconded to Communications Team at EDF Energy for four months in July 2011 – October 2011 (4 months) to assist in the co-ordination and delivery of the Hinkley Point C Consultation Report to the Infrastructure Planning Commission. <ref> [http://uk.linkedin.com/in/bobbywdean Bobby Dean], LinkedIn, accessed 19 May 2012 </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
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==Contact details, Resources, Notes==<br />
<br />
===NuclearSpin Resources===<br />
*[[EDF]]<br />
*[[EDF Energy and Schools]]<br />
*Juliette Jowitt, [http://www.guardian.co.uk/environment/2012/may/21/nuclear-reactor-reprieve-energy-plans-doubt Nuclear reactor reprieve puts UK energy plans in doubt], Monday 21 May 2012<br />
<br />
===Contact===<br />
*Website:<br />
<br />
<br />
===Notes===<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Energy&diff=174909EDF Energy2012-08-24T13:03:11Z<p>Peter Roche: /* Subsidiary of world's largest nuclear operator */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
[[EDF]] was formed in 2003 when [[SEEBoard]], [[London Energy]] and [[SWEB]] were merged.<br />
<br />
EDF Energy is a wholly owned subsidiary of [[EDF Group]], one of the largest energy groups in Europe, which when it bought [[British Energy]] became one of the world's biggest. EDF generates between 6 and 12 per cent of the UK's energy (figures vary on their webpage) from coal, gas, nuclear and wind. 'Its EBITDA in 2009 was €17.4 billion. The net income (Group share) was €3.9 billion (+12.1%). R&D budget in 2007 amounted to €375 million.' <ref>EDF, "[http://www.edfenergy.com/about-us/about-edf-energy/who-owns-us.shtml EDF Who Owns Us]", EDF Homepage. accessed 17/02/09</ref><br />
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EDF is a 'sustainability' partner of the London Olympic Games 2012, the Paralympics, and also sponsors the EDF Energy Cup in Rugby. It claims to be committed to sustainability and donate to regional and local green initiatives and is a member of the [[UK Business Council for Sustainable Energy]].<br />
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==Lobbying==<br />
<br />
EDF does a lot of lobbying. It had a part to play in the [[Energy White Paper]] and [[UK Energy Review 2007]] and a number of select committee reports, and briefings to ministers.<ref>EDF, "[http://www.edfenergy.com/sustainability/performance-report/download-pdf-report/PDF-Index.shtml EDF Energy and Sustainability Performance Report 2007]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
===External===<br />
In 2011-2012 EDF's external registered lobbying firms were the [[PPS Group]], which includes a number of other energy companies among its clients, and [[MHP Communications]]. <ref>APPC Register Entries for 1 Dec 2011 to 29 Feb 2012 & 1st March 2012 to 31st May 2012</ref><br />
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In August 2012, [[Pagefield]] was brought in to handle strategic comms and help strengthen EDF's case for building a controversial proposed third nuclear power reactor at [[Sizewell]] in Suffolk, UK. It won the six-figure account after a pitch process thought to have been initiated one year beforehand. According to ''PR Week'' Pagefield "is expected to play a key role in the development of EDF’s narrative around the value of a new nuclear power reactor, liaising with the public, media and stakeholders such as the [[Environment Agency]] and local authorities. Partner [[Wendy Blair]] is handling the account. [[Mark Gallagher]] will provide senior-level strategic counsel. <ref name="nuclear">Matt Cartmell, [http://www.prweek.com/uk/news/1145402/edf-bolsters-comms-underpin-nuclear-plans/ EDF bolsters comms to underpin nuclear plans], , prweek.com, Wednesday, 15 August 2012, 9:24am, acc 15 August 2012 </ref><br />
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[[Brunswick Group]] also mentions EDF Energy as a corporate comms client; Brunswick director [[Aideen Lee]] handles the account. <Ref> [http://www.brunswickgroup.com/our-people/partners-directors/profile.aspx?Id=185 Our People: Aideen Lee], Brunswick website, undated, accessed 8 June 2012 </ref><br />
[[Weber Shandwick]] is retained for consumer PR. <ref name="nuclear"/><br />
<br />
===Internal===<br />
*[[Victoria MacGregor]] - Head of Public Affairs at EDF Energy since 2001. Before this was Marketing and Policy Manager at [[Independent Healthcare Association]] and an Account Manager at [[Grey Advertising]].<ref> [http://uk.linkedin.com/pub/victoria-macgregor/2a/26b/72a?trk=pub-pbmap Victoria MacGregor profile], LinkedIn, accessed 28 May 2012 </ref><br />
*[[Paul Clark]] - Senior Public Affairs Manager.<br />
<br />
==Subsidiary of world's largest nuclear operator==<br />
<br />
EDF Energy is one of the largest energy companies in the UK, employing nearly 15,000 people. It is one of over 70 subsidiaries of the [[EDF Group]], which has almost 40 million customers worldwide, <ref>[http://www.edf.com/96134i/Homefr/EDFinternationalpresence.html EDF International Presence] EDF Group website (accessed November, 2006) and [http://www.linkedin.com/company/edf-energy EDF Energy profile], LinkedIn, accessed 10 August 2012</ref> and is the world’s largest nuclear operator. <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1890709,00.html “Nuclear Sector Calls for New Agency”,] ''Guardian'', 9 October, 2006.</ref> <br />
<br />
The UK is probably the most important market for EDF outside of France. In 2011 sales in the UK were 8.6 billion euros, compared with 37.2 billion euros in France. <ref>[http://www.edf.com/html/RA2011/en/pdf/EDF2011_001_va.pdf 2011 News/Global Issues,] EDF Activity and Sustainable Development Report 2011.</ref> It is the largest electricity supplier for London, the south-east and the south-west of England and as of August 2012 supplies energy to around 7.9 million customers (up from 5 million in 2006). It owns and manages the distribution network serving around a quarter of the UK population. It also operates coal and gas-fired plant as well as CHP plant and wind farms. <ref>[http://www.edfenergy.com/html/showPage.do?name=edfenergy.about.til About Us] EDF Energy Website (accessed November, 2006).</ref><br />
<br />
It owns what used to be [[British Energy]] London Electricity, Eastern Electricity, and South East Electricity (Seeboard Energy). In the South West (SWEB Energy) area, the distribution network is owned by [[Western Power Distribution]], but EDF supplies customers in that area.<br />
<br />
EDF’s generating plants include:-<br />
* British Energy's eight nuclear power stations at Torness, Hunterston B, Hartlepool, Heysham 1 &2, Hinkley Point B, Dungeness B and Sizewell B.<br />
* Cottam coal-fired station (2,000MW) near Retford<br />
<br />
* West Burton coal-fired station (2,000MW)<br />
<br />
* Sutton Bridge Combined Cycle Gas Turbine station (790MW)<br />
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* Barkantine CHP Plant – Tower Hamlets. <br />
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* 62 MW Offshore wind farm under construction off the coast of Redcar. The company also operates twenty onshore windfarms in north-east England.<br />
<br />
* EDF Energy is constructing a new 1,300MW Combined Cycle Gas Turbine (CCGT) power station at its West Burton site, in Nottinghamshire.<br />
<br />
==EDF wants new UK reactors by 2017==<br />
<br />
Back in October 2006 CEO Vincent de Rivaz proclaimed in a speech in London that EDF Energy was moving from being "investors in waiting" to "investors in action" for new nuclear power in the UK. He told the [[Nuclear Energy Finance Forum]] that EDF had set up a UK nuclear project team which aimed to show the government it "can rely on us to deliver safe, reliable and economical new nuclear in the UK". <br />
<br />
As investors, EDF also needed to have confidence in the government, he said. New nuclear investments would be made on time scales extending to eight parliaments or more. Given that political risk is a key factor in setting the capital cost of new nuclear, government policy and support were vital. It was essential, de Rivaz said, that the UK government’s 2007 Energy White Paper gave a clear and unambiguous statement of the need for new nuclear in the long-term energy mix in the UK. <br />
<br />
EDF Energy began consulting on plans to build a new nuclear station at Hinkley Point in Somerset in October 2008. <ref> [http://www.edfenergy.com/media-centre/press-news/edf-begins-public-consultation-on-its-Hinkley-Point-nuclear-plans.shtml EDF Energy Press Release], 14th October 2008, accessed August 2012.</ref> By the time it began the takeover of British Energy in January 2009 it was already clear that EDF Energy also wanted to build a new station at Sizewell in Suffolk. <ref> [http://www.edfenergy.com/media-centre/press-news/Combined-company-will-build-on-unrivalled-experience-of-EDF-and-British-Energy.shtml EDF Energy Press Release], 9th January 2009, accessed August 2012. </ref> <br />
<br />
The Health and Safety Executive (HSE), Environment Agency and Office for Civil Nuclear Security (OCNS) published new guidance for the assessment of new reactor designs for any new nuclear power stations that may potentially be built in the UK in early 2007. <ref> [http://www.hse.gov.uk/newreactors/guidance.htm Guidance: assessment of new nuclear power stations] Office for Nuclear Regulation website, accessed August 2012. </ref> EDF Energy said at that time that it hoped to put in a pre-licensing application in early 2007, and then start pouring concrete in 2012 and open the first new reactor in 2017.<br />
<br />
Applications from nuclear vendors interested in having their reactor designs assessed by the nuclear regulators were invited by 22nd June 2007. EDF Energy and [[Areva]] submitted the European Pressurised Water Reactor design to the process. <ref>[http://www.world-nuclear-news.org/newsarticle.aspx?id=13580&LangType=2057 Areva British Energy move for new UK nuclear], World Nuclear News 20th June 2007, accessed August 2012. </ref> In March 2008, the initial assessment of four nuclear power station designs was completed. No shortfalls in any of the designs were found. <br />
<br />
The Office for Nuclear Regulation (ONR) and Environment Agency say they were on course to complete a meaningful Generic Design assessment for the two proposed reactor designs by June 2011, but this was delayed pending an evaluation of lessons from the Fukushima accident. In December 2011 the ONR issued interim approval for the UK EPR with a long list of caveats – 31 so-called GDA<br />
Issues. <ref> [http://www.i-nuclear.com/2011/12/15/work-remains-on-uk-epr-despite-progress/ Work remains on UK EPR, despite progress] i-Nuclear 15th December 2011, accessed August 2012.</ref><br />
<br />
<br />
==NNB Generation Company==<br />
<br />
EDF bought British Energy in 2009 jointly with [[Centrica]], with EDF Energy taking 80% ownership and Centrica the rest. At the same time it set up NNB Generation Company (NNB GenCo) to build and operate two new nuclear power stations with Centrica taking a 20% stake in that company as well. <ref> [http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Nuclear/6541463 EDF, Centrica spend $300 million on new UK reactor program], Platts 25th October 2010, accessed August 2012.</ref><br />
<br />
==EDF Wanted Public Inquiries Emasculated== <br />
<br />
As early as October 2006 Rivaz said the Company is not looking for public subsidies - "just a framework which will allow us to invest in low-carbon generation and that includes nuclear". <ref>Mark Milner, [http://business.guardian.co.uk/story/0,,1892310,00.html “No Subsidies for Nuclear says Energy Minister”,] ''Guardian'', 11 October, 2006.</ref> EDF Energy’s submission to the DTI on the proposed Nuclear Policy Framework highlighted “the need for a licensing and planning environment for new nuclear power stations that '''significantly reduces the risks''' associated with investment, by providing certainty in terms of timescale and cost. (emphasis added) <ref>[http://www.edfenergy.com/core/response_to_dti/docs/EDF_Energy_Response_to_DTI_new_nuclear_build_consultation.pdf EDF Energy Response to the DTI Consultation on the Policy Framework for New Nuclear Build,] October, 2006.</ref> <br />
<br />
The submission said EDF has identified a number of issues, which should be addressed in order to “further reduce the risks associated with licensing and planning, and increase the certainty that investment in new nuclear will come forward”. In particular the company wanted public inquiries to be restricted to consideration of local issues, and it wanted the Government to set out a clear timetable for implementation of the policy framework so that new reactors could be operational by 2017.<br />
<br />
Rivaz also warned that Europe is facing an energy capacity crunch. By 2030, one trillion euros worth of investment in new energy capacity in Europe is needed if we are to ensure energy security. <ref>Pearl Marshall, “UK's climate, energy policies encourage EDF investment”, ''Nucleonics Week'', Vol. 47, No. 44, 2 November, 2006.</ref><br />
<br />
The short-lived Infrastructure Planning Commission (IPC) was set up in October 2009, opening fully for business in March 2010. Friends of the Earth described the IPC as “an unelected, undemocratic body - the new Commissioners aren’t directly accountable to the people their decisions will affect. It’s going to be very difficult for local people to get their voices heard, especially with key documents being so technical and opportunities to attend inquiries so few. If people are unhappy with the process they’ll have to take the matter to court, which is extremely difficult and costly.” <ref> [http://www.foe.co.uk/resource/press_releases/ipc_01092009.html New Infrastructure Planning Commission fails to give people a proper say on major projects], Friends of the Earth Press Release 1st October 2009, accessed August 2012.</ref><br />
<br />
<br />
==Hinkley Point C==<br />
<br />
NNB Generation Company Ltd started a formal pre-application process for the authorisation of the Hinkley Point C nuclear power station in July 2010. In December 2010 campaigners accused EDF Energy of ‘jumping the gun’ by applying for planning permission for what it called ‘preliminary works’. This involved trashing over 400 acres of woodland, cornfields and coastline, and the excavation of more than 3.2 million cubic metres of soil, sub-soil and rocks - more than was dug out to prepare the site for the 2012 London Olympic Games. <ref> [http://www.stophinkley.org/PressReleases/pr101201.htm EDF “Jumping The Gun” with Hinkley Point destruction], Stop Hinkley Press Release 1st December 2010, accessed August 2012 </ref> EDF Energy was given the go ahead for the preliminary works in July 2011, <ref> [http://www.guardian.co.uk/environment/2011/jul/29/planners-approve-nuclear-power-station-preparatory-work Hinkley C nuclear power station gets green light for preparatory work], Guardian 29th July 2011, accessed August 2012.</ref><br />
<br />
EDF Energy had been expected to submit its application to the Infrastructure Planning Commission in December 2010, but in the end it wasn’t submitted until the last day of October 2011. <ref> Walker, A. [http://www.bdb-law.co.uk/our-insights/blogs/planning-act-2008-blog/2011/12/291-project-progress-analysis-as-hinkley-point-application-made Project progress analysis as Hinkley Point application made], Planning Act 2008 Blog, No.291, 2nd November 2011, accessed August 2012</ref> Local people who attended the preliminary hearing of the IPC into the EDF Energy application were shocked at the limited scope of the inquiry and the attitude of the lead commissioner. When one local resident asked who would look at the dangers of nuclear power and the impact on the health of local children, she was told the point was irrelevant and her microphone was turned off. <ref>[http://www.stophinkley.org/PressReleases/pr120322.pdf Government bully boy Sir Andrew Phillipson sets the tone of Infrastructure Planning Commission's examination of EDF's application to build Nuclear Power Station in Somerset], Stop Hinkley Press Release 22nd March 2012, accessed August 2012.</ref><br />
<br />
==Victory for the Lobbyists==<br />
<br />
Those involved in a huge lobbying campaign for a new generation of nuclear power stations achieved at least a partial victory when the UK government published its energy review report in July 2006, <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1817546,00.html “The Powerful Business of Promoting a Nuclear Future”,] ''The Guardian'', 11 July, 2006.</ref> although some in the industry said it did not go far enough. <ref>Terry Macalister and Patrick Wintour, [http://business.guardian.co.uk/story/0,,1818533,00.html “Nuclear chiefs say Plans do not go Far Enough”,] ''The Guardian'', 12 July, 2006.</ref><br />
<br />
The Chancellor of the Exchequer's brother, [[Andrew Brown]], head of media relations at EDF Energy, will have been one of those celebrating. Brown moved to EDF from the PR company [[Weber Shandwick]], where he had been director of media strategy. [[Weber Shandwick]] has a long history of involvement with the atomic industry. A former UK chief executive of Shandwick International, [[Philip Dewhurst]], has also been an important figure pushing the pro-nuclear message as corporate affairs director for [[British Nuclear Fuels Ltd]] (BNFL). More recently, Mr Dewhurst has been acting as chairman of the [[Nuclear Industry Association]] (NIA). [[Weber Shandwick]], whose senior vice chairman had been former Sun editor [[David Yelland]], used to provide PR advice to British Nuclear Fuels, which used to manage the Sellafield site. <br />
<br />
More recently [[Weber Shandwick]] worked for [[Nexia Solutions]] – which was a wholly owned subsidiary of BNFL providing technology services and solutions across the full nuclear fuel cycle primarily in the UK, but with an increasing overseas market. Nexia Solutions became the foundation of a new [[National Nuclear Laboratory]] when it was launched in July 2008. <ref>Nexia Solutions Press Release, [http://www.nexiasolutions.com/section.php?pageID=26&ID=276 “''Nexia Solutions Welcomes Announcement of UK National Nuclear Laboratory''”], 24 October, 2006.</ref><br />
<br />
==Decentralised Energy for London or Greenwash Trap?==<br />
<br />
In March 2006, Mayor of London Ken Livingstone, announced that EDF Energy had been chosen to work in partnership with the London Climate Change Agency to drive forward work that will provide decentralised, more efficient energy supplies for London. EDF Energy was the preferred bidder to set up a joint venture energy services company to develop sustainable energy schemes for London.<br />
<br />
The company will identify and develop sites across the capital where investment in sustainable energy technology will reduce carbon dioxide emissions, by encouraging the use of combined heat and power and renewable energy. Not only could this lead to a more secure and sustainable energy supply for London, but also to reduced household bills.<br />
<br />
CEO Vincent de Rivaz sees no contradiction in promoting Decentralised Energy and lobbying for new nuclear reactors in the UK. He says “EDF Energy believes that a diverse mix of energy is the key to security of supply for the UK in the longer term and central to the fight against climate change. Local solutions will need to play their part as part of that diverse mix”. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20060306a.html “Mayor Announces EDF Energy as Partner to Develop Climate Change Initiatives for London”,] 6 March, 2006.</ref><br />
<br />
The partnership will soon roll out combined heat and power units across London; all new social housing developments will soon have to be nearly 60% more efficient than they are now. <ref>John Vidal, [http://environment.guardian.co.uk/travel/story/0,,1935908,00.html “Plane Speaking”], ''The Guardian'', 1 November, 2006.</ref><br />
<br />
Ken Livingstone has called on the government to abandon plans for new nuclear power stations <ref>Ken Livingstone, [http://society.guardian.co.uk/comment/story/0,,1756095,00.html “Why Nuclear Power is out of the Question”], ''The Guardian'', 19 April, 2006.</ref> But he told ''The Guardian'' that he sees “no contradiction with the fact that EDF also generates energy elsewhere that is not sustainable”. He says, whilst he doesn’t agree with them on nuclear power, it would be churlish of him to turn down millions of pounds of investment in the renewable energy alternatives”. <ref>Ken Livingstone, [http://www.guardian.co.uk/letters/story/0,,1733584,00.html Letter to the Guardian], 18 March, 2006.</ref> Clearly concerned that Livingstone might be giving the nuclear proponents a public relations coup, ''The Guardian'' responded by pointing out that EDF had declared its interest in building 10 new nuclear plants in the UK with at least some of them likely to be built near London. <ref>John Henley, [http://www.guardian.co.uk/diary/story/0,,1735462,00.html “Guardian Diary”], ''The Guardian'', 21 March, 2006.</ref><br />
<br />
==Climate Balance - Misleading Consumers?==<br />
<br />
In a further attempt to bolster it environmental credentials, EDF Energy has invited its customers to pay an extra 0.42p (incl VAT) per unit of electricity and 0.147p per unit of gas to be spent on carbon offsetting projects. The examples it gives are the promotion of efficient cooking stoves in Bangladesh and reforestation projects in Uganda. <ref>[https://www.edfenergy.com/climatebalance/edf-energy/welcome.do?name=climatebalance.welcome.til Climate Balance], EDF Energy Website (accessed November, 2006).</ref> <br />
<br />
''The Guardian'' said this scheme was launched amid growing disquiet among environmentalists about carbon offsetting and just days after Scottish & Southern Energy was ordered to stop using a leaflet detailing its tree-planting carbon-offset project - a similar scheme - because it misled consumers. <ref>Miles Brignall, [http://business.guardian.co.uk/story/0,,1923154,00.html “EDF offers Customers Change to Join Carbon Offset Set”], ''The Guardian'', 16 October, 2006.</ref><br />
<br />
Friends of the Earth says it is growing increasingly concerned about the basis of carbon-offset schemes. "If companies are genuinely concerned about climate change they should focus their attention on cutting their emissions and using clean sources of energy."<br />
<br />
==Olympic Games Bid Supporter==<br />
<br />
EDF Energy was also the first company to sign up as a Premier Partner of the bid to bring the Olympics to London. The Company has said it wants to help ensure that London 2012 will be the “most environmentally friendly and sustainable games ever seen”.<br />
<br />
* It provided £1m of sponsorship to London 2012 <br />
* EDF Energy branded over 2,000 vans and 20 of its buildings with the London 2012 logo<br />
* The Company ran a £1m Sports for Schools campaign with the London Evening Standard <br />
* £350k provided to schools for school grounds and sports equipment through the EDF Energy Fit For Fun Awards and our staff focused Cash for Schools scheme. <br />
* Promoted the bid through broadcast sponsorship of the Boat Race and the European Rugby Cup, 140 banners across central London, perimeter board advertising at sporting events, Getty Gallery sponsorship, press competitions. <br />
* Currently encouraging participation in sport through the EDF Energy Weekend Workout in conjunction with ITV London. <br />
* 3,400 of its staff signed up as "Olympic Ambassadors" <br />
* Provided the London 2012 Countdown Clock "Powered by EDF Energy" in Trafalgar Square <br />
* Promoted the bid to its customers through customer communications materials and the London 2012 logo on its envelopes. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20050706.html “''London Wins Bid to Host 2012 Olympic and Paralympic Games''”], 6 July, 2005.</ref><br />
<br />
==The Way to a Man’s Heart? – Football==<br />
<br />
The Company, which only started to use the EDF Energy name across its 5 million customers in May 2006, used its sponsorship of ITV’s coverage of the FIFA World Cup in June 2006 as a way of increasing its brand recognition. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.archive.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/archive/20060519a.html “''New Look for Power Firm''”], 19 May, 2006.</ref><br />
<br />
In August 2006 EDF Energy agreed a three-year deal with the Rugby Football Union and Premier Rugby Ltd to sponsor the Anglo-Welsh Cup – a period when public support for new nuclear reactors will be critical to whether or not they are built. The competition has, therefore changed its name from the Powergen Cup to the EDF Energy Cup. <ref>Rugby Football Union Press Release, [http://www.rfu.com/index.cfm/fuseaction/RFUHome.News_Detail/StoryID/14369 “''EDF Energy to Sponsor UK’s Premier Cup Competition''”], 1 August, 2006.</ref><br />
<br />
Rivaz was clear that the sponsorship was to “help us build on the brand awareness” following on from the Company’s sponsorship of the ITV World Cup coverage. Sounding rather like someone building a fifth column he said the deal would help EDF build a connection with almost 2,000 amateur rugby clubs which are at the heart of their communities – a grass roots dimension which is a vital part of developing a relationship with its customers. A strategy the Company clearly believes has worked in France. [[EDF Group]] has contributed to the development of French Rugby from grassroots to the professional level, for more than three decades, and is one of the sponsors of the 2007 Rugby World Cup in France. <ref>[http://www.rugbyworldcup.com/EN/Home/partners+edf.htm Rugby World Cup 2007 website] (accessed November, 2006).</ref><br />
<br />
JD Power's survey of more than 2,500 people, however despite its support for sport, ranked EDF Energy as the gas and electricity supplier with the lowest customer satisfaction score. <ref>[http://business.guardian.co.uk/story/0,,1938867,00.html “Customer Satisfaction Drops as Fuel Prices Rise”,] ''The Guardian'', 3 November, 2006.</ref><br />
<br />
==Funding and finances==<br />
<br />
<br />
==People==<br />
<br />
*[[Vincent de Rivaz]] CEO<br />
*[[Simone Rossi]] Chief Financial Officer<br />
*[[Janet Hogben]] Chief People Officer<br />
*[[Peter Hofman]] Chief Information Officer<br />
*[[Paul Spence]] Director of Strategy and Corporate Affairs<br />
*[[Andy Spurr]] Managing Director – Nuclear Generation<br />
*[[Humphrey Cadoux-Hudson]] Managing Director – Nuclear New Build<br />
*[[Martin Lawrence]] Managing Director – Energy Sourcing and Customer Supply<br />
<br />
*[[Andrew Brown]] Former Director Corporate Communications<br />
*[[Kaa Holmes]] currently Head of Media Relations at EDF Energy.<br />
*[[Will Hutton]] Chief Executive of The Work Foundation and Chair of EDF Energy's Stakeholder Advisory Panel<br />
*[[Richard Mayson]], Former Director of Planning and External Affairs for Nuclear New Build, EDF Energy<br />
<br />
*[[Martin Lawrence]], EDF Energy, Former Managing Director, Energy Sourcing and Customer Supply<br />
*[[Nigel Knee]], Former Head of Nuclear Policy and Nuclear New Build, EDF Energy. Was previously part of British Energy’s strategy and business development team, focusing on the opportunity for new nuclear build.<br />
*[[Bobby Dean]] - Account Executive from [[PPS Group]] who was seconded to Communications Team at EDF Energy for four months in July 2011 – October 2011 (4 months) to assist in the co-ordination and delivery of the Hinkley Point C Consultation Report to the Infrastructure Planning Commission. <ref> [http://uk.linkedin.com/in/bobbywdean Bobby Dean], LinkedIn, accessed 19 May 2012 </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==Contact details, Resources, Notes==<br />
<br />
===NuclearSpin Resources===<br />
*[[EDF]]<br />
*[[EDF Energy and Schools]]<br />
*Juliette Jowitt, [http://www.guardian.co.uk/environment/2012/may/21/nuclear-reactor-reprieve-energy-plans-doubt Nuclear reactor reprieve puts UK energy plans in doubt], Monday 21 May 2012<br />
<br />
===Contact===<br />
*Website:<br />
<br />
<br />
===Notes===<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Energy&diff=174908EDF Energy2012-08-24T12:47:13Z<p>Peter Roche: /* People */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
[[EDF]] was formed in 2003 when [[SEEBoard]], [[London Energy]] and [[SWEB]] were merged.<br />
<br />
EDF Energy is a wholly owned subsidiary of [[EDF Group]], one of the largest energy groups in Europe, which when it bought [[British Energy]] became one of the world's biggest. EDF generates between 6 and 12 per cent of the UK's energy (figures vary on their webpage) from coal, gas, nuclear and wind. 'Its EBITDA in 2009 was €17.4 billion. The net income (Group share) was €3.9 billion (+12.1%). R&D budget in 2007 amounted to €375 million.' <ref>EDF, "[http://www.edfenergy.com/about-us/about-edf-energy/who-owns-us.shtml EDF Who Owns Us]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
EDF is a 'sustainability' partner of the London Olympic Games 2012, the Paralympics, and also sponsors the EDF Energy Cup in Rugby. It claims to be committed to sustainability and donate to regional and local green initiatives and is a member of the [[UK Business Council for Sustainable Energy]].<br />
<br />
==Lobbying==<br />
<br />
EDF does a lot of lobbying. It had a part to play in the [[Energy White Paper]] and [[UK Energy Review 2007]] and a number of select committee reports, and briefings to ministers.<ref>EDF, "[http://www.edfenergy.com/sustainability/performance-report/download-pdf-report/PDF-Index.shtml EDF Energy and Sustainability Performance Report 2007]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
===External===<br />
In 2011-2012 EDF's external registered lobbying firms were the [[PPS Group]], which includes a number of other energy companies among its clients, and [[MHP Communications]]. <ref>APPC Register Entries for 1 Dec 2011 to 29 Feb 2012 & 1st March 2012 to 31st May 2012</ref><br />
<br />
In August 2012, [[Pagefield]] was brought in to handle strategic comms and help strengthen EDF's case for building a controversial proposed third nuclear power reactor at [[Sizewell]] in Suffolk, UK. It won the six-figure account after a pitch process thought to have been initiated one year beforehand. According to ''PR Week'' Pagefield "is expected to play a key role in the development of EDF’s narrative around the value of a new nuclear power reactor, liaising with the public, media and stakeholders such as the [[Environment Agency]] and local authorities. Partner [[Wendy Blair]] is handling the account. [[Mark Gallagher]] will provide senior-level strategic counsel. <ref name="nuclear">Matt Cartmell, [http://www.prweek.com/uk/news/1145402/edf-bolsters-comms-underpin-nuclear-plans/ EDF bolsters comms to underpin nuclear plans], , prweek.com, Wednesday, 15 August 2012, 9:24am, acc 15 August 2012 </ref><br />
<br />
[[Brunswick Group]] also mentions EDF Energy as a corporate comms client; Brunswick director [[Aideen Lee]] handles the account. <Ref> [http://www.brunswickgroup.com/our-people/partners-directors/profile.aspx?Id=185 Our People: Aideen Lee], Brunswick website, undated, accessed 8 June 2012 </ref><br />
[[Weber Shandwick]] is retained for consumer PR. <ref name="nuclear"/><br />
<br />
===Internal===<br />
*[[Victoria MacGregor]] - Head of Public Affairs at EDF Energy since 2001. Before this was Marketing and Policy Manager at [[Independent Healthcare Association]] and an Account Manager at [[Grey Advertising]].<ref> [http://uk.linkedin.com/pub/victoria-macgregor/2a/26b/72a?trk=pub-pbmap Victoria MacGregor profile], LinkedIn, accessed 28 May 2012 </ref><br />
*[[Paul Clark]] - Senior Public Affairs Manager.<br />
<br />
==Subsidiary of world's largest nuclear operator==<br />
<br />
EDF Energy is one of the largest energy companies in the UK, employing nearly 15,000 people. It is one of over 70 subsidiaries of the [[EDF Group]], which has almost 40 million customers worldwide, <ref>[http://www.edf.com/96134i/Homefr/EDFinternationalpresence.html EDF International Presence] EDF Group website (accessed November, 2006) and [http://www.linkedin.com/company/edf-energy EDF Energy profile], LinkedIn, accessed 10 August 2012</ref> and is the world’s largest nuclear operator. <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1890709,00.html “Nuclear Sector Calls for New Agency”,] ''Guardian'', 9 October, 2006.</ref> <br />
<br />
The UK is probably the most important market for EDF outside of France. In 2011 sales in the UK were 8.6 billion euros, compared with 37.2 billion euros in France. <ref>[http://www.edf.com/html/RA2011/en/pdf/EDF2011_001_va.pdf 2011 News/Global Issues,] EDF Activity and Sustainable Development Report 2011.</ref> It is the largest electricity supplier for London, the south-east and the south-west of England and as of August 2012 supplies energy to around 7.9 million customers (up from 5 million in 2006). It owns and manages the distribution network serving around a quarter of the UK population. It also operates coal and gas-fired plant as well as CHP plant and wind farms. <ref>[http://www.edfenergy.com/html/showPage.do?name=edfenergy.about.til About Us] EDF Energy Website (accessed November, 2006).</ref><br />
<br />
It owns what used to be London Electricity, Eastern Electricity, and South East Electricity (Seeboard Energy). In the South West (SWEB Energy) area, the distribution network is owned by [[Western Power Distribution]], but EDF supplies customers in that area.<br />
<br />
EDF’s generating plants include:-<br />
* Cottam coal-fired station (2,000MW) near Retford<br />
<br />
* West Burton coal-fired station (2,000MW)<br />
<br />
* Sutton Bridge Combined Cycle Gas Turbine station (790MW)<br />
<br />
* Barkantine CHP Plant – Tower Hamlets. <br />
<br />
* 62 MW Offshore wind farm under construction off the coast of Redcar. The company also operates twenty onshore windfarms in north-east England.<br />
<br />
* EDF Energy is constructing a new 1,300MW Combined Cycle Gas Turbine (CCGT) power station at its West Burton site, in Nottinghamshire.<br />
<br />
==EDF wants new UK reactors by 2017==<br />
<br />
Back in October 2006 CEO Vincent de Rivaz proclaimed in a speech in London that EDF Energy was moving from being "investors in waiting" to "investors in action" for new nuclear power in the UK. He told the [[Nuclear Energy Finance Forum]] that EDF had set up a UK nuclear project team which aimed to show the government it "can rely on us to deliver safe, reliable and economical new nuclear in the UK". <br />
<br />
As investors, EDF also needed to have confidence in the government, he said. New nuclear investments would be made on time scales extending to eight parliaments or more. Given that political risk is a key factor in setting the capital cost of new nuclear, government policy and support were vital. It was essential, de Rivaz said, that the UK government’s 2007 Energy White Paper gave a clear and unambiguous statement of the need for new nuclear in the long-term energy mix in the UK. <br />
<br />
EDF Energy began consulting on plans to build a new nuclear station at Hinkley Point in Somerset in October 2008. <ref> [http://www.edfenergy.com/media-centre/press-news/edf-begins-public-consultation-on-its-Hinkley-Point-nuclear-plans.shtml EDF Energy Press Release], 14th October 2008, accessed August 2012.</ref> By the time it began the takeover of British Energy in January 2009 it was already clear that EDF Energy also wanted to build a new station at Sizewell in Suffolk. <ref> [http://www.edfenergy.com/media-centre/press-news/Combined-company-will-build-on-unrivalled-experience-of-EDF-and-British-Energy.shtml EDF Energy Press Release], 9th January 2009, accessed August 2012. </ref> <br />
<br />
The Health and Safety Executive (HSE), Environment Agency and Office for Civil Nuclear Security (OCNS) published new guidance for the assessment of new reactor designs for any new nuclear power stations that may potentially be built in the UK in early 2007. <ref> [http://www.hse.gov.uk/newreactors/guidance.htm Guidance: assessment of new nuclear power stations] Office for Nuclear Regulation website, accessed August 2012. </ref> EDF Energy said at that time that it hoped to put in a pre-licensing application in early 2007, and then start pouring concrete in 2012 and open the first new reactor in 2017.<br />
<br />
Applications from nuclear vendors interested in having their reactor designs assessed by the nuclear regulators were invited by 22nd June 2007. EDF Energy and [[Areva]] submitted the European Pressurised Water Reactor design to the process. <ref>[http://www.world-nuclear-news.org/newsarticle.aspx?id=13580&LangType=2057 Areva British Energy move for new UK nuclear], World Nuclear News 20th June 2007, accessed August 2012. </ref> In March 2008, the initial assessment of four nuclear power station designs was completed. No shortfalls in any of the designs were found. <br />
<br />
The Office for Nuclear Regulation (ONR) and Environment Agency say they were on course to complete a meaningful Generic Design assessment for the two proposed reactor designs by June 2011, but this was delayed pending an evaluation of lessons from the Fukushima accident. In December 2011 the ONR issued interim approval for the UK EPR with a long list of caveats – 31 so-called GDA<br />
Issues. <ref> [http://www.i-nuclear.com/2011/12/15/work-remains-on-uk-epr-despite-progress/ Work remains on UK EPR, despite progress] i-Nuclear 15th December 2011, accessed August 2012.</ref><br />
<br />
<br />
==NNB Generation Company==<br />
<br />
EDF bought British Energy in 2009 jointly with [[Centrica]], with EDF Energy taking 80% ownership and Centrica the rest. At the same time it set up NNB Generation Company (NNB GenCo) to build and operate two new nuclear power stations with Centrica taking a 20% stake in that company as well. <ref> [http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Nuclear/6541463 EDF, Centrica spend $300 million on new UK reactor program], Platts 25th October 2010, accessed August 2012.</ref><br />
<br />
==EDF Wanted Public Inquiries Emasculated== <br />
<br />
As early as October 2006 Rivaz said the Company is not looking for public subsidies - "just a framework which will allow us to invest in low-carbon generation and that includes nuclear". <ref>Mark Milner, [http://business.guardian.co.uk/story/0,,1892310,00.html “No Subsidies for Nuclear says Energy Minister”,] ''Guardian'', 11 October, 2006.</ref> EDF Energy’s submission to the DTI on the proposed Nuclear Policy Framework highlighted “the need for a licensing and planning environment for new nuclear power stations that '''significantly reduces the risks''' associated with investment, by providing certainty in terms of timescale and cost. (emphasis added) <ref>[http://www.edfenergy.com/core/response_to_dti/docs/EDF_Energy_Response_to_DTI_new_nuclear_build_consultation.pdf EDF Energy Response to the DTI Consultation on the Policy Framework for New Nuclear Build,] October, 2006.</ref> <br />
<br />
The submission said EDF has identified a number of issues, which should be addressed in order to “further reduce the risks associated with licensing and planning, and increase the certainty that investment in new nuclear will come forward”. In particular the company wanted public inquiries to be restricted to consideration of local issues, and it wanted the Government to set out a clear timetable for implementation of the policy framework so that new reactors could be operational by 2017.<br />
<br />
Rivaz also warned that Europe is facing an energy capacity crunch. By 2030, one trillion euros worth of investment in new energy capacity in Europe is needed if we are to ensure energy security. <ref>Pearl Marshall, “UK's climate, energy policies encourage EDF investment”, ''Nucleonics Week'', Vol. 47, No. 44, 2 November, 2006.</ref><br />
<br />
The short-lived Infrastructure Planning Commission (IPC) was set up in October 2009, opening fully for business in March 2010. Friends of the Earth described the IPC as “an unelected, undemocratic body - the new Commissioners aren’t directly accountable to the people their decisions will affect. It’s going to be very difficult for local people to get their voices heard, especially with key documents being so technical and opportunities to attend inquiries so few. If people are unhappy with the process they’ll have to take the matter to court, which is extremely difficult and costly.” <ref> [http://www.foe.co.uk/resource/press_releases/ipc_01092009.html New Infrastructure Planning Commission fails to give people a proper say on major projects], Friends of the Earth Press Release 1st October 2009, accessed August 2012.</ref><br />
<br />
<br />
==Hinkley Point C==<br />
<br />
NNB Generation Company Ltd started a formal pre-application process for the authorisation of the Hinkley Point C nuclear power station in July 2010. In December 2010 campaigners accused EDF Energy of ‘jumping the gun’ by applying for planning permission for what it called ‘preliminary works’. This involved trashing over 400 acres of woodland, cornfields and coastline, and the excavation of more than 3.2 million cubic metres of soil, sub-soil and rocks - more than was dug out to prepare the site for the 2012 London Olympic Games. <ref> [http://www.stophinkley.org/PressReleases/pr101201.htm EDF “Jumping The Gun” with Hinkley Point destruction], Stop Hinkley Press Release 1st December 2010, accessed August 2012 </ref> EDF Energy was given the go ahead for the preliminary works in July 2011, <ref> [http://www.guardian.co.uk/environment/2011/jul/29/planners-approve-nuclear-power-station-preparatory-work Hinkley C nuclear power station gets green light for preparatory work], Guardian 29th July 2011, accessed August 2012.</ref><br />
<br />
EDF Energy had been expected to submit its application to the Infrastructure Planning Commission in December 2010, but in the end it wasn’t submitted until the last day of October 2011. <ref> Walker, A. [http://www.bdb-law.co.uk/our-insights/blogs/planning-act-2008-blog/2011/12/291-project-progress-analysis-as-hinkley-point-application-made Project progress analysis as Hinkley Point application made], Planning Act 2008 Blog, No.291, 2nd November 2011, accessed August 2012</ref> Local people who attended the preliminary hearing of the IPC into the EDF Energy application were shocked at the limited scope of the inquiry and the attitude of the lead commissioner. When one local resident asked who would look at the dangers of nuclear power and the impact on the health of local children, she was told the point was irrelevant and her microphone was turned off. <ref>[http://www.stophinkley.org/PressReleases/pr120322.pdf Government bully boy Sir Andrew Phillipson sets the tone of Infrastructure Planning Commission's examination of EDF's application to build Nuclear Power Station in Somerset], Stop Hinkley Press Release 22nd March 2012, accessed August 2012.</ref><br />
<br />
==Victory for the Lobbyists==<br />
<br />
Those involved in a huge lobbying campaign for a new generation of nuclear power stations achieved at least a partial victory when the UK government published its energy review report in July 2006, <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1817546,00.html “The Powerful Business of Promoting a Nuclear Future”,] ''The Guardian'', 11 July, 2006.</ref> although some in the industry said it did not go far enough. <ref>Terry Macalister and Patrick Wintour, [http://business.guardian.co.uk/story/0,,1818533,00.html “Nuclear chiefs say Plans do not go Far Enough”,] ''The Guardian'', 12 July, 2006.</ref><br />
<br />
The Chancellor of the Exchequer's brother, [[Andrew Brown]], head of media relations at EDF Energy, will have been one of those celebrating. Brown moved to EDF from the PR company [[Weber Shandwick]], where he had been director of media strategy. [[Weber Shandwick]] has a long history of involvement with the atomic industry. A former UK chief executive of Shandwick International, [[Philip Dewhurst]], has also been an important figure pushing the pro-nuclear message as corporate affairs director for [[British Nuclear Fuels Ltd]] (BNFL). More recently, Mr Dewhurst has been acting as chairman of the [[Nuclear Industry Association]] (NIA). [[Weber Shandwick]], whose senior vice chairman had been former Sun editor [[David Yelland]], used to provide PR advice to British Nuclear Fuels, which used to manage the Sellafield site. <br />
<br />
More recently [[Weber Shandwick]] worked for [[Nexia Solutions]] – which was a wholly owned subsidiary of BNFL providing technology services and solutions across the full nuclear fuel cycle primarily in the UK, but with an increasing overseas market. Nexia Solutions became the foundation of a new [[National Nuclear Laboratory]] when it was launched in July 2008. <ref>Nexia Solutions Press Release, [http://www.nexiasolutions.com/section.php?pageID=26&ID=276 “''Nexia Solutions Welcomes Announcement of UK National Nuclear Laboratory''”], 24 October, 2006.</ref><br />
<br />
==Decentralised Energy for London or Greenwash Trap?==<br />
<br />
In March 2006, Mayor of London Ken Livingstone, announced that EDF Energy had been chosen to work in partnership with the London Climate Change Agency to drive forward work that will provide decentralised, more efficient energy supplies for London. EDF Energy was the preferred bidder to set up a joint venture energy services company to develop sustainable energy schemes for London.<br />
<br />
The company will identify and develop sites across the capital where investment in sustainable energy technology will reduce carbon dioxide emissions, by encouraging the use of combined heat and power and renewable energy. Not only could this lead to a more secure and sustainable energy supply for London, but also to reduced household bills.<br />
<br />
CEO Vincent de Rivaz sees no contradiction in promoting Decentralised Energy and lobbying for new nuclear reactors in the UK. He says “EDF Energy believes that a diverse mix of energy is the key to security of supply for the UK in the longer term and central to the fight against climate change. Local solutions will need to play their part as part of that diverse mix”. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20060306a.html “Mayor Announces EDF Energy as Partner to Develop Climate Change Initiatives for London”,] 6 March, 2006.</ref><br />
<br />
The partnership will soon roll out combined heat and power units across London; all new social housing developments will soon have to be nearly 60% more efficient than they are now. <ref>John Vidal, [http://environment.guardian.co.uk/travel/story/0,,1935908,00.html “Plane Speaking”], ''The Guardian'', 1 November, 2006.</ref><br />
<br />
Ken Livingstone has called on the government to abandon plans for new nuclear power stations <ref>Ken Livingstone, [http://society.guardian.co.uk/comment/story/0,,1756095,00.html “Why Nuclear Power is out of the Question”], ''The Guardian'', 19 April, 2006.</ref> But he told ''The Guardian'' that he sees “no contradiction with the fact that EDF also generates energy elsewhere that is not sustainable”. He says, whilst he doesn’t agree with them on nuclear power, it would be churlish of him to turn down millions of pounds of investment in the renewable energy alternatives”. <ref>Ken Livingstone, [http://www.guardian.co.uk/letters/story/0,,1733584,00.html Letter to the Guardian], 18 March, 2006.</ref> Clearly concerned that Livingstone might be giving the nuclear proponents a public relations coup, ''The Guardian'' responded by pointing out that EDF had declared its interest in building 10 new nuclear plants in the UK with at least some of them likely to be built near London. <ref>John Henley, [http://www.guardian.co.uk/diary/story/0,,1735462,00.html “Guardian Diary”], ''The Guardian'', 21 March, 2006.</ref><br />
<br />
==Climate Balance - Misleading Consumers?==<br />
<br />
In a further attempt to bolster it environmental credentials, EDF Energy has invited its customers to pay an extra 0.42p (incl VAT) per unit of electricity and 0.147p per unit of gas to be spent on carbon offsetting projects. The examples it gives are the promotion of efficient cooking stoves in Bangladesh and reforestation projects in Uganda. <ref>[https://www.edfenergy.com/climatebalance/edf-energy/welcome.do?name=climatebalance.welcome.til Climate Balance], EDF Energy Website (accessed November, 2006).</ref> <br />
<br />
''The Guardian'' said this scheme was launched amid growing disquiet among environmentalists about carbon offsetting and just days after Scottish & Southern Energy was ordered to stop using a leaflet detailing its tree-planting carbon-offset project - a similar scheme - because it misled consumers. <ref>Miles Brignall, [http://business.guardian.co.uk/story/0,,1923154,00.html “EDF offers Customers Change to Join Carbon Offset Set”], ''The Guardian'', 16 October, 2006.</ref><br />
<br />
Friends of the Earth says it is growing increasingly concerned about the basis of carbon-offset schemes. "If companies are genuinely concerned about climate change they should focus their attention on cutting their emissions and using clean sources of energy."<br />
<br />
==Olympic Games Bid Supporter==<br />
<br />
EDF Energy was also the first company to sign up as a Premier Partner of the bid to bring the Olympics to London. The Company has said it wants to help ensure that London 2012 will be the “most environmentally friendly and sustainable games ever seen”.<br />
<br />
* It provided £1m of sponsorship to London 2012 <br />
* EDF Energy branded over 2,000 vans and 20 of its buildings with the London 2012 logo<br />
* The Company ran a £1m Sports for Schools campaign with the London Evening Standard <br />
* £350k provided to schools for school grounds and sports equipment through the EDF Energy Fit For Fun Awards and our staff focused Cash for Schools scheme. <br />
* Promoted the bid through broadcast sponsorship of the Boat Race and the European Rugby Cup, 140 banners across central London, perimeter board advertising at sporting events, Getty Gallery sponsorship, press competitions. <br />
* Currently encouraging participation in sport through the EDF Energy Weekend Workout in conjunction with ITV London. <br />
* 3,400 of its staff signed up as "Olympic Ambassadors" <br />
* Provided the London 2012 Countdown Clock "Powered by EDF Energy" in Trafalgar Square <br />
* Promoted the bid to its customers through customer communications materials and the London 2012 logo on its envelopes. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20050706.html “''London Wins Bid to Host 2012 Olympic and Paralympic Games''”], 6 July, 2005.</ref><br />
<br />
==The Way to a Man’s Heart? – Football==<br />
<br />
The Company, which only started to use the EDF Energy name across its 5 million customers in May 2006, used its sponsorship of ITV’s coverage of the FIFA World Cup in June 2006 as a way of increasing its brand recognition. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.archive.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/archive/20060519a.html “''New Look for Power Firm''”], 19 May, 2006.</ref><br />
<br />
In August 2006 EDF Energy agreed a three-year deal with the Rugby Football Union and Premier Rugby Ltd to sponsor the Anglo-Welsh Cup – a period when public support for new nuclear reactors will be critical to whether or not they are built. The competition has, therefore changed its name from the Powergen Cup to the EDF Energy Cup. <ref>Rugby Football Union Press Release, [http://www.rfu.com/index.cfm/fuseaction/RFUHome.News_Detail/StoryID/14369 “''EDF Energy to Sponsor UK’s Premier Cup Competition''”], 1 August, 2006.</ref><br />
<br />
Rivaz was clear that the sponsorship was to “help us build on the brand awareness” following on from the Company’s sponsorship of the ITV World Cup coverage. Sounding rather like someone building a fifth column he said the deal would help EDF build a connection with almost 2,000 amateur rugby clubs which are at the heart of their communities – a grass roots dimension which is a vital part of developing a relationship with its customers. A strategy the Company clearly believes has worked in France. [[EDF Group]] has contributed to the development of French Rugby from grassroots to the professional level, for more than three decades, and is one of the sponsors of the 2007 Rugby World Cup in France. <ref>[http://www.rugbyworldcup.com/EN/Home/partners+edf.htm Rugby World Cup 2007 website] (accessed November, 2006).</ref><br />
<br />
JD Power's survey of more than 2,500 people, however despite its support for sport, ranked EDF Energy as the gas and electricity supplier with the lowest customer satisfaction score. <ref>[http://business.guardian.co.uk/story/0,,1938867,00.html “Customer Satisfaction Drops as Fuel Prices Rise”,] ''The Guardian'', 3 November, 2006.</ref><br />
<br />
==Funding and finances==<br />
<br />
<br />
==People==<br />
<br />
*[[Vincent de Rivaz]] CEO<br />
*[[Simone Rossi]] Chief Financial Officer<br />
*[[Janet Hogben]] Chief People Officer<br />
*[[Peter Hofman]] Chief Information Officer<br />
*[[Paul Spence]] Director of Strategy and Corporate Affairs<br />
*[[Andy Spurr]] Managing Director – Nuclear Generation<br />
*[[Humphrey Cadoux-Hudson]] Managing Director – Nuclear New Build<br />
*[[Martin Lawrence]] Managing Director – Energy Sourcing and Customer Supply<br />
<br />
*[[Andrew Brown]] Former Director Corporate Communications<br />
*[[Kaa Holmes]] currently Head of Media Relations at EDF Energy.<br />
*[[Will Hutton]] Chief Executive of The Work Foundation and Chair of EDF Energy's Stakeholder Advisory Panel<br />
*[[Richard Mayson]], Former Director of Planning and External Affairs for Nuclear New Build, EDF Energy<br />
<br />
*[[Martin Lawrence]], EDF Energy, Former Managing Director, Energy Sourcing and Customer Supply<br />
*[[Nigel Knee]], Former Head of Nuclear Policy and Nuclear New Build, EDF Energy. Was previously part of British Energy’s strategy and business development team, focusing on the opportunity for new nuclear build.<br />
*[[Bobby Dean]] - Account Executive from [[PPS Group]] who was seconded to Communications Team at EDF Energy for four months in July 2011 – October 2011 (4 months) to assist in the co-ordination and delivery of the Hinkley Point C Consultation Report to the Infrastructure Planning Commission. <ref> [http://uk.linkedin.com/in/bobbywdean Bobby Dean], LinkedIn, accessed 19 May 2012 </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==Contact details, Resources, Notes==<br />
<br />
===NuclearSpin Resources===<br />
*[[EDF]]<br />
*[[EDF Energy and Schools]]<br />
*Juliette Jowitt, [http://www.guardian.co.uk/environment/2012/may/21/nuclear-reactor-reprieve-energy-plans-doubt Nuclear reactor reprieve puts UK energy plans in doubt], Monday 21 May 2012<br />
<br />
===Contact===<br />
*Website:<br />
<br />
<br />
===Notes===<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Energy&diff=174907EDF Energy2012-08-24T12:41:36Z<p>Peter Roche: /* Victory for the Lobbyists */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
[[EDF]] was formed in 2003 when [[SEEBoard]], [[London Energy]] and [[SWEB]] were merged.<br />
<br />
EDF Energy is a wholly owned subsidiary of [[EDF Group]], one of the largest energy groups in Europe, which when it bought [[British Energy]] became one of the world's biggest. EDF generates between 6 and 12 per cent of the UK's energy (figures vary on their webpage) from coal, gas, nuclear and wind. 'Its EBITDA in 2009 was €17.4 billion. The net income (Group share) was €3.9 billion (+12.1%). R&D budget in 2007 amounted to €375 million.' <ref>EDF, "[http://www.edfenergy.com/about-us/about-edf-energy/who-owns-us.shtml EDF Who Owns Us]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
EDF is a 'sustainability' partner of the London Olympic Games 2012, the Paralympics, and also sponsors the EDF Energy Cup in Rugby. It claims to be committed to sustainability and donate to regional and local green initiatives and is a member of the [[UK Business Council for Sustainable Energy]].<br />
<br />
==Lobbying==<br />
<br />
EDF does a lot of lobbying. It had a part to play in the [[Energy White Paper]] and [[UK Energy Review 2007]] and a number of select committee reports, and briefings to ministers.<ref>EDF, "[http://www.edfenergy.com/sustainability/performance-report/download-pdf-report/PDF-Index.shtml EDF Energy and Sustainability Performance Report 2007]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
===External===<br />
In 2011-2012 EDF's external registered lobbying firms were the [[PPS Group]], which includes a number of other energy companies among its clients, and [[MHP Communications]]. <ref>APPC Register Entries for 1 Dec 2011 to 29 Feb 2012 & 1st March 2012 to 31st May 2012</ref><br />
<br />
In August 2012, [[Pagefield]] was brought in to handle strategic comms and help strengthen EDF's case for building a controversial proposed third nuclear power reactor at [[Sizewell]] in Suffolk, UK. It won the six-figure account after a pitch process thought to have been initiated one year beforehand. According to ''PR Week'' Pagefield "is expected to play a key role in the development of EDF’s narrative around the value of a new nuclear power reactor, liaising with the public, media and stakeholders such as the [[Environment Agency]] and local authorities. Partner [[Wendy Blair]] is handling the account. [[Mark Gallagher]] will provide senior-level strategic counsel. <ref name="nuclear">Matt Cartmell, [http://www.prweek.com/uk/news/1145402/edf-bolsters-comms-underpin-nuclear-plans/ EDF bolsters comms to underpin nuclear plans], , prweek.com, Wednesday, 15 August 2012, 9:24am, acc 15 August 2012 </ref><br />
<br />
[[Brunswick Group]] also mentions EDF Energy as a corporate comms client; Brunswick director [[Aideen Lee]] handles the account. <Ref> [http://www.brunswickgroup.com/our-people/partners-directors/profile.aspx?Id=185 Our People: Aideen Lee], Brunswick website, undated, accessed 8 June 2012 </ref><br />
[[Weber Shandwick]] is retained for consumer PR. <ref name="nuclear"/><br />
<br />
===Internal===<br />
*[[Victoria MacGregor]] - Head of Public Affairs at EDF Energy since 2001. Before this was Marketing and Policy Manager at [[Independent Healthcare Association]] and an Account Manager at [[Grey Advertising]].<ref> [http://uk.linkedin.com/pub/victoria-macgregor/2a/26b/72a?trk=pub-pbmap Victoria MacGregor profile], LinkedIn, accessed 28 May 2012 </ref><br />
*[[Paul Clark]] - Senior Public Affairs Manager.<br />
<br />
==Subsidiary of world's largest nuclear operator==<br />
<br />
EDF Energy is one of the largest energy companies in the UK, employing nearly 15,000 people. It is one of over 70 subsidiaries of the [[EDF Group]], which has almost 40 million customers worldwide, <ref>[http://www.edf.com/96134i/Homefr/EDFinternationalpresence.html EDF International Presence] EDF Group website (accessed November, 2006) and [http://www.linkedin.com/company/edf-energy EDF Energy profile], LinkedIn, accessed 10 August 2012</ref> and is the world’s largest nuclear operator. <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1890709,00.html “Nuclear Sector Calls for New Agency”,] ''Guardian'', 9 October, 2006.</ref> <br />
<br />
The UK is probably the most important market for EDF outside of France. In 2011 sales in the UK were 8.6 billion euros, compared with 37.2 billion euros in France. <ref>[http://www.edf.com/html/RA2011/en/pdf/EDF2011_001_va.pdf 2011 News/Global Issues,] EDF Activity and Sustainable Development Report 2011.</ref> It is the largest electricity supplier for London, the south-east and the south-west of England and as of August 2012 supplies energy to around 7.9 million customers (up from 5 million in 2006). It owns and manages the distribution network serving around a quarter of the UK population. It also operates coal and gas-fired plant as well as CHP plant and wind farms. <ref>[http://www.edfenergy.com/html/showPage.do?name=edfenergy.about.til About Us] EDF Energy Website (accessed November, 2006).</ref><br />
<br />
It owns what used to be London Electricity, Eastern Electricity, and South East Electricity (Seeboard Energy). In the South West (SWEB Energy) area, the distribution network is owned by [[Western Power Distribution]], but EDF supplies customers in that area.<br />
<br />
EDF’s generating plants include:-<br />
* Cottam coal-fired station (2,000MW) near Retford<br />
<br />
* West Burton coal-fired station (2,000MW)<br />
<br />
* Sutton Bridge Combined Cycle Gas Turbine station (790MW)<br />
<br />
* Barkantine CHP Plant – Tower Hamlets. <br />
<br />
* 62 MW Offshore wind farm under construction off the coast of Redcar. The company also operates twenty onshore windfarms in north-east England.<br />
<br />
* EDF Energy is constructing a new 1,300MW Combined Cycle Gas Turbine (CCGT) power station at its West Burton site, in Nottinghamshire.<br />
<br />
==EDF wants new UK reactors by 2017==<br />
<br />
Back in October 2006 CEO Vincent de Rivaz proclaimed in a speech in London that EDF Energy was moving from being "investors in waiting" to "investors in action" for new nuclear power in the UK. He told the [[Nuclear Energy Finance Forum]] that EDF had set up a UK nuclear project team which aimed to show the government it "can rely on us to deliver safe, reliable and economical new nuclear in the UK". <br />
<br />
As investors, EDF also needed to have confidence in the government, he said. New nuclear investments would be made on time scales extending to eight parliaments or more. Given that political risk is a key factor in setting the capital cost of new nuclear, government policy and support were vital. It was essential, de Rivaz said, that the UK government’s 2007 Energy White Paper gave a clear and unambiguous statement of the need for new nuclear in the long-term energy mix in the UK. <br />
<br />
EDF Energy began consulting on plans to build a new nuclear station at Hinkley Point in Somerset in October 2008. <ref> [http://www.edfenergy.com/media-centre/press-news/edf-begins-public-consultation-on-its-Hinkley-Point-nuclear-plans.shtml EDF Energy Press Release], 14th October 2008, accessed August 2012.</ref> By the time it began the takeover of British Energy in January 2009 it was already clear that EDF Energy also wanted to build a new station at Sizewell in Suffolk. <ref> [http://www.edfenergy.com/media-centre/press-news/Combined-company-will-build-on-unrivalled-experience-of-EDF-and-British-Energy.shtml EDF Energy Press Release], 9th January 2009, accessed August 2012. </ref> <br />
<br />
The Health and Safety Executive (HSE), Environment Agency and Office for Civil Nuclear Security (OCNS) published new guidance for the assessment of new reactor designs for any new nuclear power stations that may potentially be built in the UK in early 2007. <ref> [http://www.hse.gov.uk/newreactors/guidance.htm Guidance: assessment of new nuclear power stations] Office for Nuclear Regulation website, accessed August 2012. </ref> EDF Energy said at that time that it hoped to put in a pre-licensing application in early 2007, and then start pouring concrete in 2012 and open the first new reactor in 2017.<br />
<br />
Applications from nuclear vendors interested in having their reactor designs assessed by the nuclear regulators were invited by 22nd June 2007. EDF Energy and [[Areva]] submitted the European Pressurised Water Reactor design to the process. <ref>[http://www.world-nuclear-news.org/newsarticle.aspx?id=13580&LangType=2057 Areva British Energy move for new UK nuclear], World Nuclear News 20th June 2007, accessed August 2012. </ref> In March 2008, the initial assessment of four nuclear power station designs was completed. No shortfalls in any of the designs were found. <br />
<br />
The Office for Nuclear Regulation (ONR) and Environment Agency say they were on course to complete a meaningful Generic Design assessment for the two proposed reactor designs by June 2011, but this was delayed pending an evaluation of lessons from the Fukushima accident. In December 2011 the ONR issued interim approval for the UK EPR with a long list of caveats – 31 so-called GDA<br />
Issues. <ref> [http://www.i-nuclear.com/2011/12/15/work-remains-on-uk-epr-despite-progress/ Work remains on UK EPR, despite progress] i-Nuclear 15th December 2011, accessed August 2012.</ref><br />
<br />
<br />
==NNB Generation Company==<br />
<br />
EDF bought British Energy in 2009 jointly with [[Centrica]], with EDF Energy taking 80% ownership and Centrica the rest. At the same time it set up NNB Generation Company (NNB GenCo) to build and operate two new nuclear power stations with Centrica taking a 20% stake in that company as well. <ref> [http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Nuclear/6541463 EDF, Centrica spend $300 million on new UK reactor program], Platts 25th October 2010, accessed August 2012.</ref><br />
<br />
==EDF Wanted Public Inquiries Emasculated== <br />
<br />
As early as October 2006 Rivaz said the Company is not looking for public subsidies - "just a framework which will allow us to invest in low-carbon generation and that includes nuclear". <ref>Mark Milner, [http://business.guardian.co.uk/story/0,,1892310,00.html “No Subsidies for Nuclear says Energy Minister”,] ''Guardian'', 11 October, 2006.</ref> EDF Energy’s submission to the DTI on the proposed Nuclear Policy Framework highlighted “the need for a licensing and planning environment for new nuclear power stations that '''significantly reduces the risks''' associated with investment, by providing certainty in terms of timescale and cost. (emphasis added) <ref>[http://www.edfenergy.com/core/response_to_dti/docs/EDF_Energy_Response_to_DTI_new_nuclear_build_consultation.pdf EDF Energy Response to the DTI Consultation on the Policy Framework for New Nuclear Build,] October, 2006.</ref> <br />
<br />
The submission said EDF has identified a number of issues, which should be addressed in order to “further reduce the risks associated with licensing and planning, and increase the certainty that investment in new nuclear will come forward”. In particular the company wanted public inquiries to be restricted to consideration of local issues, and it wanted the Government to set out a clear timetable for implementation of the policy framework so that new reactors could be operational by 2017.<br />
<br />
Rivaz also warned that Europe is facing an energy capacity crunch. By 2030, one trillion euros worth of investment in new energy capacity in Europe is needed if we are to ensure energy security. <ref>Pearl Marshall, “UK's climate, energy policies encourage EDF investment”, ''Nucleonics Week'', Vol. 47, No. 44, 2 November, 2006.</ref><br />
<br />
The short-lived Infrastructure Planning Commission (IPC) was set up in October 2009, opening fully for business in March 2010. Friends of the Earth described the IPC as “an unelected, undemocratic body - the new Commissioners aren’t directly accountable to the people their decisions will affect. It’s going to be very difficult for local people to get their voices heard, especially with key documents being so technical and opportunities to attend inquiries so few. If people are unhappy with the process they’ll have to take the matter to court, which is extremely difficult and costly.” <ref> [http://www.foe.co.uk/resource/press_releases/ipc_01092009.html New Infrastructure Planning Commission fails to give people a proper say on major projects], Friends of the Earth Press Release 1st October 2009, accessed August 2012.</ref><br />
<br />
<br />
==Hinkley Point C==<br />
<br />
NNB Generation Company Ltd started a formal pre-application process for the authorisation of the Hinkley Point C nuclear power station in July 2010. In December 2010 campaigners accused EDF Energy of ‘jumping the gun’ by applying for planning permission for what it called ‘preliminary works’. This involved trashing over 400 acres of woodland, cornfields and coastline, and the excavation of more than 3.2 million cubic metres of soil, sub-soil and rocks - more than was dug out to prepare the site for the 2012 London Olympic Games. <ref> [http://www.stophinkley.org/PressReleases/pr101201.htm EDF “Jumping The Gun” with Hinkley Point destruction], Stop Hinkley Press Release 1st December 2010, accessed August 2012 </ref> EDF Energy was given the go ahead for the preliminary works in July 2011, <ref> [http://www.guardian.co.uk/environment/2011/jul/29/planners-approve-nuclear-power-station-preparatory-work Hinkley C nuclear power station gets green light for preparatory work], Guardian 29th July 2011, accessed August 2012.</ref><br />
<br />
EDF Energy had been expected to submit its application to the Infrastructure Planning Commission in December 2010, but in the end it wasn’t submitted until the last day of October 2011. <ref> Walker, A. [http://www.bdb-law.co.uk/our-insights/blogs/planning-act-2008-blog/2011/12/291-project-progress-analysis-as-hinkley-point-application-made Project progress analysis as Hinkley Point application made], Planning Act 2008 Blog, No.291, 2nd November 2011, accessed August 2012</ref> Local people who attended the preliminary hearing of the IPC into the EDF Energy application were shocked at the limited scope of the inquiry and the attitude of the lead commissioner. When one local resident asked who would look at the dangers of nuclear power and the impact on the health of local children, she was told the point was irrelevant and her microphone was turned off. <ref>[http://www.stophinkley.org/PressReleases/pr120322.pdf Government bully boy Sir Andrew Phillipson sets the tone of Infrastructure Planning Commission's examination of EDF's application to build Nuclear Power Station in Somerset], Stop Hinkley Press Release 22nd March 2012, accessed August 2012.</ref><br />
<br />
==Victory for the Lobbyists==<br />
<br />
Those involved in a huge lobbying campaign for a new generation of nuclear power stations achieved at least a partial victory when the UK government published its energy review report in July 2006, <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1817546,00.html “The Powerful Business of Promoting a Nuclear Future”,] ''The Guardian'', 11 July, 2006.</ref> although some in the industry said it did not go far enough. <ref>Terry Macalister and Patrick Wintour, [http://business.guardian.co.uk/story/0,,1818533,00.html “Nuclear chiefs say Plans do not go Far Enough”,] ''The Guardian'', 12 July, 2006.</ref><br />
<br />
The Chancellor of the Exchequer's brother, [[Andrew Brown]], head of media relations at EDF Energy, will have been one of those celebrating. Brown moved to EDF from the PR company [[Weber Shandwick]], where he had been director of media strategy. [[Weber Shandwick]] has a long history of involvement with the atomic industry. A former UK chief executive of Shandwick International, [[Philip Dewhurst]], has also been an important figure pushing the pro-nuclear message as corporate affairs director for [[British Nuclear Fuels Ltd]] (BNFL). More recently, Mr Dewhurst has been acting as chairman of the [[Nuclear Industry Association]] (NIA). [[Weber Shandwick]], whose senior vice chairman had been former Sun editor [[David Yelland]], used to provide PR advice to British Nuclear Fuels, which used to manage the Sellafield site. <br />
<br />
More recently [[Weber Shandwick]] worked for [[Nexia Solutions]] – which was a wholly owned subsidiary of BNFL providing technology services and solutions across the full nuclear fuel cycle primarily in the UK, but with an increasing overseas market. Nexia Solutions became the foundation of a new [[National Nuclear Laboratory]] when it was launched in July 2008. <ref>Nexia Solutions Press Release, [http://www.nexiasolutions.com/section.php?pageID=26&ID=276 “''Nexia Solutions Welcomes Announcement of UK National Nuclear Laboratory''”], 24 October, 2006.</ref><br />
<br />
==Decentralised Energy for London or Greenwash Trap?==<br />
<br />
In March 2006, Mayor of London Ken Livingstone, announced that EDF Energy had been chosen to work in partnership with the London Climate Change Agency to drive forward work that will provide decentralised, more efficient energy supplies for London. EDF Energy was the preferred bidder to set up a joint venture energy services company to develop sustainable energy schemes for London.<br />
<br />
The company will identify and develop sites across the capital where investment in sustainable energy technology will reduce carbon dioxide emissions, by encouraging the use of combined heat and power and renewable energy. Not only could this lead to a more secure and sustainable energy supply for London, but also to reduced household bills.<br />
<br />
CEO Vincent de Rivaz sees no contradiction in promoting Decentralised Energy and lobbying for new nuclear reactors in the UK. He says “EDF Energy believes that a diverse mix of energy is the key to security of supply for the UK in the longer term and central to the fight against climate change. Local solutions will need to play their part as part of that diverse mix”. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20060306a.html “Mayor Announces EDF Energy as Partner to Develop Climate Change Initiatives for London”,] 6 March, 2006.</ref><br />
<br />
The partnership will soon roll out combined heat and power units across London; all new social housing developments will soon have to be nearly 60% more efficient than they are now. <ref>John Vidal, [http://environment.guardian.co.uk/travel/story/0,,1935908,00.html “Plane Speaking”], ''The Guardian'', 1 November, 2006.</ref><br />
<br />
Ken Livingstone has called on the government to abandon plans for new nuclear power stations <ref>Ken Livingstone, [http://society.guardian.co.uk/comment/story/0,,1756095,00.html “Why Nuclear Power is out of the Question”], ''The Guardian'', 19 April, 2006.</ref> But he told ''The Guardian'' that he sees “no contradiction with the fact that EDF also generates energy elsewhere that is not sustainable”. He says, whilst he doesn’t agree with them on nuclear power, it would be churlish of him to turn down millions of pounds of investment in the renewable energy alternatives”. <ref>Ken Livingstone, [http://www.guardian.co.uk/letters/story/0,,1733584,00.html Letter to the Guardian], 18 March, 2006.</ref> Clearly concerned that Livingstone might be giving the nuclear proponents a public relations coup, ''The Guardian'' responded by pointing out that EDF had declared its interest in building 10 new nuclear plants in the UK with at least some of them likely to be built near London. <ref>John Henley, [http://www.guardian.co.uk/diary/story/0,,1735462,00.html “Guardian Diary”], ''The Guardian'', 21 March, 2006.</ref><br />
<br />
==Climate Balance - Misleading Consumers?==<br />
<br />
In a further attempt to bolster it environmental credentials, EDF Energy has invited its customers to pay an extra 0.42p (incl VAT) per unit of electricity and 0.147p per unit of gas to be spent on carbon offsetting projects. The examples it gives are the promotion of efficient cooking stoves in Bangladesh and reforestation projects in Uganda. <ref>[https://www.edfenergy.com/climatebalance/edf-energy/welcome.do?name=climatebalance.welcome.til Climate Balance], EDF Energy Website (accessed November, 2006).</ref> <br />
<br />
''The Guardian'' said this scheme was launched amid growing disquiet among environmentalists about carbon offsetting and just days after Scottish & Southern Energy was ordered to stop using a leaflet detailing its tree-planting carbon-offset project - a similar scheme - because it misled consumers. <ref>Miles Brignall, [http://business.guardian.co.uk/story/0,,1923154,00.html “EDF offers Customers Change to Join Carbon Offset Set”], ''The Guardian'', 16 October, 2006.</ref><br />
<br />
Friends of the Earth says it is growing increasingly concerned about the basis of carbon-offset schemes. "If companies are genuinely concerned about climate change they should focus their attention on cutting their emissions and using clean sources of energy."<br />
<br />
==Olympic Games Bid Supporter==<br />
<br />
EDF Energy was also the first company to sign up as a Premier Partner of the bid to bring the Olympics to London. The Company has said it wants to help ensure that London 2012 will be the “most environmentally friendly and sustainable games ever seen”.<br />
<br />
* It provided £1m of sponsorship to London 2012 <br />
* EDF Energy branded over 2,000 vans and 20 of its buildings with the London 2012 logo<br />
* The Company ran a £1m Sports for Schools campaign with the London Evening Standard <br />
* £350k provided to schools for school grounds and sports equipment through the EDF Energy Fit For Fun Awards and our staff focused Cash for Schools scheme. <br />
* Promoted the bid through broadcast sponsorship of the Boat Race and the European Rugby Cup, 140 banners across central London, perimeter board advertising at sporting events, Getty Gallery sponsorship, press competitions. <br />
* Currently encouraging participation in sport through the EDF Energy Weekend Workout in conjunction with ITV London. <br />
* 3,400 of its staff signed up as "Olympic Ambassadors" <br />
* Provided the London 2012 Countdown Clock "Powered by EDF Energy" in Trafalgar Square <br />
* Promoted the bid to its customers through customer communications materials and the London 2012 logo on its envelopes. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20050706.html “''London Wins Bid to Host 2012 Olympic and Paralympic Games''”], 6 July, 2005.</ref><br />
<br />
==The Way to a Man’s Heart? – Football==<br />
<br />
The Company, which only started to use the EDF Energy name across its 5 million customers in May 2006, used its sponsorship of ITV’s coverage of the FIFA World Cup in June 2006 as a way of increasing its brand recognition. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.archive.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/archive/20060519a.html “''New Look for Power Firm''”], 19 May, 2006.</ref><br />
<br />
In August 2006 EDF Energy agreed a three-year deal with the Rugby Football Union and Premier Rugby Ltd to sponsor the Anglo-Welsh Cup – a period when public support for new nuclear reactors will be critical to whether or not they are built. The competition has, therefore changed its name from the Powergen Cup to the EDF Energy Cup. <ref>Rugby Football Union Press Release, [http://www.rfu.com/index.cfm/fuseaction/RFUHome.News_Detail/StoryID/14369 “''EDF Energy to Sponsor UK’s Premier Cup Competition''”], 1 August, 2006.</ref><br />
<br />
Rivaz was clear that the sponsorship was to “help us build on the brand awareness” following on from the Company’s sponsorship of the ITV World Cup coverage. Sounding rather like someone building a fifth column he said the deal would help EDF build a connection with almost 2,000 amateur rugby clubs which are at the heart of their communities – a grass roots dimension which is a vital part of developing a relationship with its customers. A strategy the Company clearly believes has worked in France. [[EDF Group]] has contributed to the development of French Rugby from grassroots to the professional level, for more than three decades, and is one of the sponsors of the 2007 Rugby World Cup in France. <ref>[http://www.rugbyworldcup.com/EN/Home/partners+edf.htm Rugby World Cup 2007 website] (accessed November, 2006).</ref><br />
<br />
JD Power's survey of more than 2,500 people, however despite its support for sport, ranked EDF Energy as the gas and electricity supplier with the lowest customer satisfaction score. <ref>[http://business.guardian.co.uk/story/0,,1938867,00.html “Customer Satisfaction Drops as Fuel Prices Rise”,] ''The Guardian'', 3 November, 2006.</ref><br />
<br />
==Funding and finances==<br />
<br />
<br />
==People==<br />
<br />
*[[Vincent de Rivaz]] CEO<br />
*[[Andrew Brown]] Director Corporate Communications<br />
*[[Will Hutton]] Chief Executive of The Work Foundation and Chair of EDF Energy's Stakeholder Advisory Panel<br />
*[[Richard Mayson]], Director of Planning and External Affairs for Nuclear New Build, EDF Energy<br />
*[[Paul Spence]], Director of Strategy and Regulation, EDF Energy<br />
*[[Martin Lawrence]], EDF Energy, Managing Director, Energy Sourcing and Customer Supply<br />
*[[Nigel Knee]], Head of Nuclear Policy and Nuclear New Build, EDF Energy. Was previously part of British Energy’s strategy and business development team, focusing on the opportunity for new nuclear build.<br />
*[[Bobby Dean]] - Account Executive from [[PPS Group]] who was seconded to Communications Team at EDF Energy for four months in July 2011 – October 2011 (4 months) to assist in the co-ordination and delivery of the Hinkley Point C Consultation Report to the Infrastructure Planning Commission. <ref> [http://uk.linkedin.com/in/bobbywdean Bobby Dean], LinkedIn, accessed 19 May 2012 </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==Contact details, Resources, Notes==<br />
<br />
===NuclearSpin Resources===<br />
*[[EDF]]<br />
*[[EDF Energy and Schools]]<br />
*Juliette Jowitt, [http://www.guardian.co.uk/environment/2012/may/21/nuclear-reactor-reprieve-energy-plans-doubt Nuclear reactor reprieve puts UK energy plans in doubt], Monday 21 May 2012<br />
<br />
===Contact===<br />
*Website:<br />
<br />
<br />
===Notes===<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Energy&diff=174906EDF Energy2012-08-24T12:36:10Z<p>Peter Roche: /* Hinkley Point C */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
[[EDF]] was formed in 2003 when [[SEEBoard]], [[London Energy]] and [[SWEB]] were merged.<br />
<br />
EDF Energy is a wholly owned subsidiary of [[EDF Group]], one of the largest energy groups in Europe, which when it bought [[British Energy]] became one of the world's biggest. EDF generates between 6 and 12 per cent of the UK's energy (figures vary on their webpage) from coal, gas, nuclear and wind. 'Its EBITDA in 2009 was €17.4 billion. The net income (Group share) was €3.9 billion (+12.1%). R&D budget in 2007 amounted to €375 million.' <ref>EDF, "[http://www.edfenergy.com/about-us/about-edf-energy/who-owns-us.shtml EDF Who Owns Us]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
EDF is a 'sustainability' partner of the London Olympic Games 2012, the Paralympics, and also sponsors the EDF Energy Cup in Rugby. It claims to be committed to sustainability and donate to regional and local green initiatives and is a member of the [[UK Business Council for Sustainable Energy]].<br />
<br />
==Lobbying==<br />
<br />
EDF does a lot of lobbying. It had a part to play in the [[Energy White Paper]] and [[UK Energy Review 2007]] and a number of select committee reports, and briefings to ministers.<ref>EDF, "[http://www.edfenergy.com/sustainability/performance-report/download-pdf-report/PDF-Index.shtml EDF Energy and Sustainability Performance Report 2007]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
===External===<br />
In 2011-2012 EDF's external registered lobbying firms were the [[PPS Group]], which includes a number of other energy companies among its clients, and [[MHP Communications]]. <ref>APPC Register Entries for 1 Dec 2011 to 29 Feb 2012 & 1st March 2012 to 31st May 2012</ref><br />
<br />
In August 2012, [[Pagefield]] was brought in to handle strategic comms and help strengthen EDF's case for building a controversial proposed third nuclear power reactor at [[Sizewell]] in Suffolk, UK. It won the six-figure account after a pitch process thought to have been initiated one year beforehand. According to ''PR Week'' Pagefield "is expected to play a key role in the development of EDF’s narrative around the value of a new nuclear power reactor, liaising with the public, media and stakeholders such as the [[Environment Agency]] and local authorities. Partner [[Wendy Blair]] is handling the account. [[Mark Gallagher]] will provide senior-level strategic counsel. <ref name="nuclear">Matt Cartmell, [http://www.prweek.com/uk/news/1145402/edf-bolsters-comms-underpin-nuclear-plans/ EDF bolsters comms to underpin nuclear plans], , prweek.com, Wednesday, 15 August 2012, 9:24am, acc 15 August 2012 </ref><br />
<br />
[[Brunswick Group]] also mentions EDF Energy as a corporate comms client; Brunswick director [[Aideen Lee]] handles the account. <Ref> [http://www.brunswickgroup.com/our-people/partners-directors/profile.aspx?Id=185 Our People: Aideen Lee], Brunswick website, undated, accessed 8 June 2012 </ref><br />
[[Weber Shandwick]] is retained for consumer PR. <ref name="nuclear"/><br />
<br />
===Internal===<br />
*[[Victoria MacGregor]] - Head of Public Affairs at EDF Energy since 2001. Before this was Marketing and Policy Manager at [[Independent Healthcare Association]] and an Account Manager at [[Grey Advertising]].<ref> [http://uk.linkedin.com/pub/victoria-macgregor/2a/26b/72a?trk=pub-pbmap Victoria MacGregor profile], LinkedIn, accessed 28 May 2012 </ref><br />
*[[Paul Clark]] - Senior Public Affairs Manager.<br />
<br />
==Subsidiary of world's largest nuclear operator==<br />
<br />
EDF Energy is one of the largest energy companies in the UK, employing nearly 15,000 people. It is one of over 70 subsidiaries of the [[EDF Group]], which has almost 40 million customers worldwide, <ref>[http://www.edf.com/96134i/Homefr/EDFinternationalpresence.html EDF International Presence] EDF Group website (accessed November, 2006) and [http://www.linkedin.com/company/edf-energy EDF Energy profile], LinkedIn, accessed 10 August 2012</ref> and is the world’s largest nuclear operator. <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1890709,00.html “Nuclear Sector Calls for New Agency”,] ''Guardian'', 9 October, 2006.</ref> <br />
<br />
The UK is probably the most important market for EDF outside of France. In 2011 sales in the UK were 8.6 billion euros, compared with 37.2 billion euros in France. <ref>[http://www.edf.com/html/RA2011/en/pdf/EDF2011_001_va.pdf 2011 News/Global Issues,] EDF Activity and Sustainable Development Report 2011.</ref> It is the largest electricity supplier for London, the south-east and the south-west of England and as of August 2012 supplies energy to around 7.9 million customers (up from 5 million in 2006). It owns and manages the distribution network serving around a quarter of the UK population. It also operates coal and gas-fired plant as well as CHP plant and wind farms. <ref>[http://www.edfenergy.com/html/showPage.do?name=edfenergy.about.til About Us] EDF Energy Website (accessed November, 2006).</ref><br />
<br />
It owns what used to be London Electricity, Eastern Electricity, and South East Electricity (Seeboard Energy). In the South West (SWEB Energy) area, the distribution network is owned by [[Western Power Distribution]], but EDF supplies customers in that area.<br />
<br />
EDF’s generating plants include:-<br />
* Cottam coal-fired station (2,000MW) near Retford<br />
<br />
* West Burton coal-fired station (2,000MW)<br />
<br />
* Sutton Bridge Combined Cycle Gas Turbine station (790MW)<br />
<br />
* Barkantine CHP Plant – Tower Hamlets. <br />
<br />
* 62 MW Offshore wind farm under construction off the coast of Redcar. The company also operates twenty onshore windfarms in north-east England.<br />
<br />
* EDF Energy is constructing a new 1,300MW Combined Cycle Gas Turbine (CCGT) power station at its West Burton site, in Nottinghamshire.<br />
<br />
==EDF wants new UK reactors by 2017==<br />
<br />
Back in October 2006 CEO Vincent de Rivaz proclaimed in a speech in London that EDF Energy was moving from being "investors in waiting" to "investors in action" for new nuclear power in the UK. He told the [[Nuclear Energy Finance Forum]] that EDF had set up a UK nuclear project team which aimed to show the government it "can rely on us to deliver safe, reliable and economical new nuclear in the UK". <br />
<br />
As investors, EDF also needed to have confidence in the government, he said. New nuclear investments would be made on time scales extending to eight parliaments or more. Given that political risk is a key factor in setting the capital cost of new nuclear, government policy and support were vital. It was essential, de Rivaz said, that the UK government’s 2007 Energy White Paper gave a clear and unambiguous statement of the need for new nuclear in the long-term energy mix in the UK. <br />
<br />
EDF Energy began consulting on plans to build a new nuclear station at Hinkley Point in Somerset in October 2008. <ref> [http://www.edfenergy.com/media-centre/press-news/edf-begins-public-consultation-on-its-Hinkley-Point-nuclear-plans.shtml EDF Energy Press Release], 14th October 2008, accessed August 2012.</ref> By the time it began the takeover of British Energy in January 2009 it was already clear that EDF Energy also wanted to build a new station at Sizewell in Suffolk. <ref> [http://www.edfenergy.com/media-centre/press-news/Combined-company-will-build-on-unrivalled-experience-of-EDF-and-British-Energy.shtml EDF Energy Press Release], 9th January 2009, accessed August 2012. </ref> <br />
<br />
The Health and Safety Executive (HSE), Environment Agency and Office for Civil Nuclear Security (OCNS) published new guidance for the assessment of new reactor designs for any new nuclear power stations that may potentially be built in the UK in early 2007. <ref> [http://www.hse.gov.uk/newreactors/guidance.htm Guidance: assessment of new nuclear power stations] Office for Nuclear Regulation website, accessed August 2012. </ref> EDF Energy said at that time that it hoped to put in a pre-licensing application in early 2007, and then start pouring concrete in 2012 and open the first new reactor in 2017.<br />
<br />
Applications from nuclear vendors interested in having their reactor designs assessed by the nuclear regulators were invited by 22nd June 2007. EDF Energy and [[Areva]] submitted the European Pressurised Water Reactor design to the process. <ref>[http://www.world-nuclear-news.org/newsarticle.aspx?id=13580&LangType=2057 Areva British Energy move for new UK nuclear], World Nuclear News 20th June 2007, accessed August 2012. </ref> In March 2008, the initial assessment of four nuclear power station designs was completed. No shortfalls in any of the designs were found. <br />
<br />
The Office for Nuclear Regulation (ONR) and Environment Agency say they were on course to complete a meaningful Generic Design assessment for the two proposed reactor designs by June 2011, but this was delayed pending an evaluation of lessons from the Fukushima accident. In December 2011 the ONR issued interim approval for the UK EPR with a long list of caveats – 31 so-called GDA<br />
Issues. <ref> [http://www.i-nuclear.com/2011/12/15/work-remains-on-uk-epr-despite-progress/ Work remains on UK EPR, despite progress] i-Nuclear 15th December 2011, accessed August 2012.</ref><br />
<br />
<br />
==NNB Generation Company==<br />
<br />
EDF bought British Energy in 2009 jointly with [[Centrica]], with EDF Energy taking 80% ownership and Centrica the rest. At the same time it set up NNB Generation Company (NNB GenCo) to build and operate two new nuclear power stations with Centrica taking a 20% stake in that company as well. <ref> [http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Nuclear/6541463 EDF, Centrica spend $300 million on new UK reactor program], Platts 25th October 2010, accessed August 2012.</ref><br />
<br />
==EDF Wanted Public Inquiries Emasculated== <br />
<br />
As early as October 2006 Rivaz said the Company is not looking for public subsidies - "just a framework which will allow us to invest in low-carbon generation and that includes nuclear". <ref>Mark Milner, [http://business.guardian.co.uk/story/0,,1892310,00.html “No Subsidies for Nuclear says Energy Minister”,] ''Guardian'', 11 October, 2006.</ref> EDF Energy’s submission to the DTI on the proposed Nuclear Policy Framework highlighted “the need for a licensing and planning environment for new nuclear power stations that '''significantly reduces the risks''' associated with investment, by providing certainty in terms of timescale and cost. (emphasis added) <ref>[http://www.edfenergy.com/core/response_to_dti/docs/EDF_Energy_Response_to_DTI_new_nuclear_build_consultation.pdf EDF Energy Response to the DTI Consultation on the Policy Framework for New Nuclear Build,] October, 2006.</ref> <br />
<br />
The submission said EDF has identified a number of issues, which should be addressed in order to “further reduce the risks associated with licensing and planning, and increase the certainty that investment in new nuclear will come forward”. In particular the company wanted public inquiries to be restricted to consideration of local issues, and it wanted the Government to set out a clear timetable for implementation of the policy framework so that new reactors could be operational by 2017.<br />
<br />
Rivaz also warned that Europe is facing an energy capacity crunch. By 2030, one trillion euros worth of investment in new energy capacity in Europe is needed if we are to ensure energy security. <ref>Pearl Marshall, “UK's climate, energy policies encourage EDF investment”, ''Nucleonics Week'', Vol. 47, No. 44, 2 November, 2006.</ref><br />
<br />
The short-lived Infrastructure Planning Commission (IPC) was set up in October 2009, opening fully for business in March 2010. Friends of the Earth described the IPC as “an unelected, undemocratic body - the new Commissioners aren’t directly accountable to the people their decisions will affect. It’s going to be very difficult for local people to get their voices heard, especially with key documents being so technical and opportunities to attend inquiries so few. If people are unhappy with the process they’ll have to take the matter to court, which is extremely difficult and costly.” <ref> [http://www.foe.co.uk/resource/press_releases/ipc_01092009.html New Infrastructure Planning Commission fails to give people a proper say on major projects], Friends of the Earth Press Release 1st October 2009, accessed August 2012.</ref><br />
<br />
<br />
==Hinkley Point C==<br />
<br />
NNB Generation Company Ltd started a formal pre-application process for the authorisation of the Hinkley Point C nuclear power station in July 2010. In December 2010 campaigners accused EDF Energy of ‘jumping the gun’ by applying for planning permission for what it called ‘preliminary works’. This involved trashing over 400 acres of woodland, cornfields and coastline, and the excavation of more than 3.2 million cubic metres of soil, sub-soil and rocks - more than was dug out to prepare the site for the 2012 London Olympic Games. <ref> [http://www.stophinkley.org/PressReleases/pr101201.htm EDF “Jumping The Gun” with Hinkley Point destruction], Stop Hinkley Press Release 1st December 2010, accessed August 2012 </ref> EDF Energy was given the go ahead for the preliminary works in July 2011, <ref> [http://www.guardian.co.uk/environment/2011/jul/29/planners-approve-nuclear-power-station-preparatory-work Hinkley C nuclear power station gets green light for preparatory work], Guardian 29th July 2011, accessed August 2012.</ref><br />
<br />
EDF Energy had been expected to submit its application to the Infrastructure Planning Commission in December 2010, but in the end it wasn’t submitted until the last day of October 2011. <ref> Walker, A. [http://www.bdb-law.co.uk/our-insights/blogs/planning-act-2008-blog/2011/12/291-project-progress-analysis-as-hinkley-point-application-made Project progress analysis as Hinkley Point application made], Planning Act 2008 Blog, No.291, 2nd November 2011, accessed August 2012</ref> Local people who attended the preliminary hearing of the IPC into the EDF Energy application were shocked at the limited scope of the inquiry and the attitude of the lead commissioner. When one local resident asked who would look at the dangers of nuclear power and the impact on the health of local children, she was told the point was irrelevant and her microphone was turned off. <ref>[http://www.stophinkley.org/PressReleases/pr120322.pdf Government bully boy Sir Andrew Phillipson sets the tone of Infrastructure Planning Commission's examination of EDF's application to build Nuclear Power Station in Somerset], Stop Hinkley Press Release 22nd March 2012, accessed August 2012.</ref><br />
<br />
==Victory for the Lobbyists==<br />
<br />
Those involved in a huge lobbying campaign for a new generation of nuclear power stations achieved at least a partial victory when the UK government published its energy review report in July 2006, <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1817546,00.html “The Powerful Business of Promoting a Nuclear Future”,] ''The Guardian'', 11 July, 2006.</ref> although some in the industry said it did not go far enough. <ref>Terry Macalister and Patrick Wintour, [http://business.guardian.co.uk/story/0,,1818533,00.html “Nuclear chiefs say Plans do not go Far Enough”,] ''The Guardian'', 12 July, 2006.</ref><br />
<br />
The Chancellor of the Exchequer's brother, [[Andrew Brown]], head of media relations at EDF Energy, will have been one of those celebrating. Brown moved to EDF from the PR company [[Weber Shandwick]], where he had been director of media strategy. [[Weber Shandwick]] has a long history of involvement with the atomic industry. A former UK chief executive of Shandwick International, [[Philip Dewhurst]], has also been an important figure pushing the pro-nuclear message as corporate affairs director for [[British Nuclear Fuels Ltd]] (BNFL). More recently, Mr Dewhurst has been acting as chairman of the [[Nuclear Industry Association]] (NIA). [[Weber Shandwick]], whose senior vice chairman is former Sun editor [[David Yelland]], provides PR advice to BNFL, which controls [[British Nuclear Group]], manager of the Sellafield site. <br />
<br />
More recently [[Weber Shandwick]] has been working for [[Nexia Solutions]] – the wholly owned subsidiary of BNFL which provides technology services and solutions across the full nuclear fuel cycle primarily in the UK, but with an increasing overseas market, and is expected to be the foundation of a new [[National Nuclear Laboratory]]. <ref>Nexia Solutions Press Release, [http://www.nexiasolutions.com/section.php?pageID=26&ID=276 “''Nexia Solutions Welcomes Announcement of UK National Nuclear Laboratory''”], 24 October, 2006.</ref><br />
<br />
==Decentralised Energy for London or Greenwash Trap?==<br />
<br />
In March 2006, Mayor of London Ken Livingstone, announced that EDF Energy had been chosen to work in partnership with the London Climate Change Agency to drive forward work that will provide decentralised, more efficient energy supplies for London. EDF Energy was the preferred bidder to set up a joint venture energy services company to develop sustainable energy schemes for London.<br />
<br />
The company will identify and develop sites across the capital where investment in sustainable energy technology will reduce carbon dioxide emissions, by encouraging the use of combined heat and power and renewable energy. Not only could this lead to a more secure and sustainable energy supply for London, but also to reduced household bills.<br />
<br />
CEO Vincent de Rivaz sees no contradiction in promoting Decentralised Energy and lobbying for new nuclear reactors in the UK. He says “EDF Energy believes that a diverse mix of energy is the key to security of supply for the UK in the longer term and central to the fight against climate change. Local solutions will need to play their part as part of that diverse mix”. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20060306a.html “Mayor Announces EDF Energy as Partner to Develop Climate Change Initiatives for London”,] 6 March, 2006.</ref><br />
<br />
The partnership will soon roll out combined heat and power units across London; all new social housing developments will soon have to be nearly 60% more efficient than they are now. <ref>John Vidal, [http://environment.guardian.co.uk/travel/story/0,,1935908,00.html “Plane Speaking”], ''The Guardian'', 1 November, 2006.</ref><br />
<br />
Ken Livingstone has called on the government to abandon plans for new nuclear power stations <ref>Ken Livingstone, [http://society.guardian.co.uk/comment/story/0,,1756095,00.html “Why Nuclear Power is out of the Question”], ''The Guardian'', 19 April, 2006.</ref> But he told ''The Guardian'' that he sees “no contradiction with the fact that EDF also generates energy elsewhere that is not sustainable”. He says, whilst he doesn’t agree with them on nuclear power, it would be churlish of him to turn down millions of pounds of investment in the renewable energy alternatives”. <ref>Ken Livingstone, [http://www.guardian.co.uk/letters/story/0,,1733584,00.html Letter to the Guardian], 18 March, 2006.</ref> Clearly concerned that Livingstone might be giving the nuclear proponents a public relations coup, ''The Guardian'' responded by pointing out that EDF had declared its interest in building 10 new nuclear plants in the UK with at least some of them likely to be built near London. <ref>John Henley, [http://www.guardian.co.uk/diary/story/0,,1735462,00.html “Guardian Diary”], ''The Guardian'', 21 March, 2006.</ref><br />
<br />
==Climate Balance - Misleading Consumers?==<br />
<br />
In a further attempt to bolster it environmental credentials, EDF Energy has invited its customers to pay an extra 0.42p (incl VAT) per unit of electricity and 0.147p per unit of gas to be spent on carbon offsetting projects. The examples it gives are the promotion of efficient cooking stoves in Bangladesh and reforestation projects in Uganda. <ref>[https://www.edfenergy.com/climatebalance/edf-energy/welcome.do?name=climatebalance.welcome.til Climate Balance], EDF Energy Website (accessed November, 2006).</ref> <br />
<br />
''The Guardian'' said this scheme was launched amid growing disquiet among environmentalists about carbon offsetting and just days after Scottish & Southern Energy was ordered to stop using a leaflet detailing its tree-planting carbon-offset project - a similar scheme - because it misled consumers. <ref>Miles Brignall, [http://business.guardian.co.uk/story/0,,1923154,00.html “EDF offers Customers Change to Join Carbon Offset Set”], ''The Guardian'', 16 October, 2006.</ref><br />
<br />
Friends of the Earth says it is growing increasingly concerned about the basis of carbon-offset schemes. "If companies are genuinely concerned about climate change they should focus their attention on cutting their emissions and using clean sources of energy."<br />
<br />
==Olympic Games Bid Supporter==<br />
<br />
EDF Energy was also the first company to sign up as a Premier Partner of the bid to bring the Olympics to London. The Company has said it wants to help ensure that London 2012 will be the “most environmentally friendly and sustainable games ever seen”.<br />
<br />
* It provided £1m of sponsorship to London 2012 <br />
* EDF Energy branded over 2,000 vans and 20 of its buildings with the London 2012 logo<br />
* The Company ran a £1m Sports for Schools campaign with the London Evening Standard <br />
* £350k provided to schools for school grounds and sports equipment through the EDF Energy Fit For Fun Awards and our staff focused Cash for Schools scheme. <br />
* Promoted the bid through broadcast sponsorship of the Boat Race and the European Rugby Cup, 140 banners across central London, perimeter board advertising at sporting events, Getty Gallery sponsorship, press competitions. <br />
* Currently encouraging participation in sport through the EDF Energy Weekend Workout in conjunction with ITV London. <br />
* 3,400 of its staff signed up as "Olympic Ambassadors" <br />
* Provided the London 2012 Countdown Clock "Powered by EDF Energy" in Trafalgar Square <br />
* Promoted the bid to its customers through customer communications materials and the London 2012 logo on its envelopes. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20050706.html “''London Wins Bid to Host 2012 Olympic and Paralympic Games''”], 6 July, 2005.</ref><br />
<br />
==The Way to a Man’s Heart? – Football==<br />
<br />
The Company, which only started to use the EDF Energy name across its 5 million customers in May 2006, used its sponsorship of ITV’s coverage of the FIFA World Cup in June 2006 as a way of increasing its brand recognition. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.archive.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/archive/20060519a.html “''New Look for Power Firm''”], 19 May, 2006.</ref><br />
<br />
In August 2006 EDF Energy agreed a three-year deal with the Rugby Football Union and Premier Rugby Ltd to sponsor the Anglo-Welsh Cup – a period when public support for new nuclear reactors will be critical to whether or not they are built. The competition has, therefore changed its name from the Powergen Cup to the EDF Energy Cup. <ref>Rugby Football Union Press Release, [http://www.rfu.com/index.cfm/fuseaction/RFUHome.News_Detail/StoryID/14369 “''EDF Energy to Sponsor UK’s Premier Cup Competition''”], 1 August, 2006.</ref><br />
<br />
Rivaz was clear that the sponsorship was to “help us build on the brand awareness” following on from the Company’s sponsorship of the ITV World Cup coverage. Sounding rather like someone building a fifth column he said the deal would help EDF build a connection with almost 2,000 amateur rugby clubs which are at the heart of their communities – a grass roots dimension which is a vital part of developing a relationship with its customers. A strategy the Company clearly believes has worked in France. [[EDF Group]] has contributed to the development of French Rugby from grassroots to the professional level, for more than three decades, and is one of the sponsors of the 2007 Rugby World Cup in France. <ref>[http://www.rugbyworldcup.com/EN/Home/partners+edf.htm Rugby World Cup 2007 website] (accessed November, 2006).</ref><br />
<br />
JD Power's survey of more than 2,500 people, however despite its support for sport, ranked EDF Energy as the gas and electricity supplier with the lowest customer satisfaction score. <ref>[http://business.guardian.co.uk/story/0,,1938867,00.html “Customer Satisfaction Drops as Fuel Prices Rise”,] ''The Guardian'', 3 November, 2006.</ref><br />
<br />
==Funding and finances==<br />
<br />
<br />
==People==<br />
<br />
*[[Vincent de Rivaz]] CEO<br />
*[[Andrew Brown]] Director Corporate Communications<br />
*[[Will Hutton]] Chief Executive of The Work Foundation and Chair of EDF Energy's Stakeholder Advisory Panel<br />
*[[Richard Mayson]], Director of Planning and External Affairs for Nuclear New Build, EDF Energy<br />
*[[Paul Spence]], Director of Strategy and Regulation, EDF Energy<br />
*[[Martin Lawrence]], EDF Energy, Managing Director, Energy Sourcing and Customer Supply<br />
*[[Nigel Knee]], Head of Nuclear Policy and Nuclear New Build, EDF Energy. Was previously part of British Energy’s strategy and business development team, focusing on the opportunity for new nuclear build.<br />
*[[Bobby Dean]] - Account Executive from [[PPS Group]] who was seconded to Communications Team at EDF Energy for four months in July 2011 – October 2011 (4 months) to assist in the co-ordination and delivery of the Hinkley Point C Consultation Report to the Infrastructure Planning Commission. <ref> [http://uk.linkedin.com/in/bobbywdean Bobby Dean], LinkedIn, accessed 19 May 2012 </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==Contact details, Resources, Notes==<br />
<br />
===NuclearSpin Resources===<br />
*[[EDF]]<br />
*[[EDF Energy and Schools]]<br />
*Juliette Jowitt, [http://www.guardian.co.uk/environment/2012/may/21/nuclear-reactor-reprieve-energy-plans-doubt Nuclear reactor reprieve puts UK energy plans in doubt], Monday 21 May 2012<br />
<br />
===Contact===<br />
*Website:<br />
<br />
<br />
===Notes===<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Energy&diff=174905EDF Energy2012-08-24T12:34:35Z<p>Peter Roche: /* Victory for the Lobbyists */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
[[EDF]] was formed in 2003 when [[SEEBoard]], [[London Energy]] and [[SWEB]] were merged.<br />
<br />
EDF Energy is a wholly owned subsidiary of [[EDF Group]], one of the largest energy groups in Europe, which when it bought [[British Energy]] became one of the world's biggest. EDF generates between 6 and 12 per cent of the UK's energy (figures vary on their webpage) from coal, gas, nuclear and wind. 'Its EBITDA in 2009 was €17.4 billion. The net income (Group share) was €3.9 billion (+12.1%). R&D budget in 2007 amounted to €375 million.' <ref>EDF, "[http://www.edfenergy.com/about-us/about-edf-energy/who-owns-us.shtml EDF Who Owns Us]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
EDF is a 'sustainability' partner of the London Olympic Games 2012, the Paralympics, and also sponsors the EDF Energy Cup in Rugby. It claims to be committed to sustainability and donate to regional and local green initiatives and is a member of the [[UK Business Council for Sustainable Energy]].<br />
<br />
==Lobbying==<br />
<br />
EDF does a lot of lobbying. It had a part to play in the [[Energy White Paper]] and [[UK Energy Review 2007]] and a number of select committee reports, and briefings to ministers.<ref>EDF, "[http://www.edfenergy.com/sustainability/performance-report/download-pdf-report/PDF-Index.shtml EDF Energy and Sustainability Performance Report 2007]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
===External===<br />
In 2011-2012 EDF's external registered lobbying firms were the [[PPS Group]], which includes a number of other energy companies among its clients, and [[MHP Communications]]. <ref>APPC Register Entries for 1 Dec 2011 to 29 Feb 2012 & 1st March 2012 to 31st May 2012</ref><br />
<br />
In August 2012, [[Pagefield]] was brought in to handle strategic comms and help strengthen EDF's case for building a controversial proposed third nuclear power reactor at [[Sizewell]] in Suffolk, UK. It won the six-figure account after a pitch process thought to have been initiated one year beforehand. According to ''PR Week'' Pagefield "is expected to play a key role in the development of EDF’s narrative around the value of a new nuclear power reactor, liaising with the public, media and stakeholders such as the [[Environment Agency]] and local authorities. Partner [[Wendy Blair]] is handling the account. [[Mark Gallagher]] will provide senior-level strategic counsel. <ref name="nuclear">Matt Cartmell, [http://www.prweek.com/uk/news/1145402/edf-bolsters-comms-underpin-nuclear-plans/ EDF bolsters comms to underpin nuclear plans], , prweek.com, Wednesday, 15 August 2012, 9:24am, acc 15 August 2012 </ref><br />
<br />
[[Brunswick Group]] also mentions EDF Energy as a corporate comms client; Brunswick director [[Aideen Lee]] handles the account. <Ref> [http://www.brunswickgroup.com/our-people/partners-directors/profile.aspx?Id=185 Our People: Aideen Lee], Brunswick website, undated, accessed 8 June 2012 </ref><br />
[[Weber Shandwick]] is retained for consumer PR. <ref name="nuclear"/><br />
<br />
===Internal===<br />
*[[Victoria MacGregor]] - Head of Public Affairs at EDF Energy since 2001. Before this was Marketing and Policy Manager at [[Independent Healthcare Association]] and an Account Manager at [[Grey Advertising]].<ref> [http://uk.linkedin.com/pub/victoria-macgregor/2a/26b/72a?trk=pub-pbmap Victoria MacGregor profile], LinkedIn, accessed 28 May 2012 </ref><br />
*[[Paul Clark]] - Senior Public Affairs Manager.<br />
<br />
==Subsidiary of world's largest nuclear operator==<br />
<br />
EDF Energy is one of the largest energy companies in the UK, employing nearly 15,000 people. It is one of over 70 subsidiaries of the [[EDF Group]], which has almost 40 million customers worldwide, <ref>[http://www.edf.com/96134i/Homefr/EDFinternationalpresence.html EDF International Presence] EDF Group website (accessed November, 2006) and [http://www.linkedin.com/company/edf-energy EDF Energy profile], LinkedIn, accessed 10 August 2012</ref> and is the world’s largest nuclear operator. <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1890709,00.html “Nuclear Sector Calls for New Agency”,] ''Guardian'', 9 October, 2006.</ref> <br />
<br />
The UK is probably the most important market for EDF outside of France. In 2011 sales in the UK were 8.6 billion euros, compared with 37.2 billion euros in France. <ref>[http://www.edf.com/html/RA2011/en/pdf/EDF2011_001_va.pdf 2011 News/Global Issues,] EDF Activity and Sustainable Development Report 2011.</ref> It is the largest electricity supplier for London, the south-east and the south-west of England and as of August 2012 supplies energy to around 7.9 million customers (up from 5 million in 2006). It owns and manages the distribution network serving around a quarter of the UK population. It also operates coal and gas-fired plant as well as CHP plant and wind farms. <ref>[http://www.edfenergy.com/html/showPage.do?name=edfenergy.about.til About Us] EDF Energy Website (accessed November, 2006).</ref><br />
<br />
It owns what used to be London Electricity, Eastern Electricity, and South East Electricity (Seeboard Energy). In the South West (SWEB Energy) area, the distribution network is owned by [[Western Power Distribution]], but EDF supplies customers in that area.<br />
<br />
EDF’s generating plants include:-<br />
* Cottam coal-fired station (2,000MW) near Retford<br />
<br />
* West Burton coal-fired station (2,000MW)<br />
<br />
* Sutton Bridge Combined Cycle Gas Turbine station (790MW)<br />
<br />
* Barkantine CHP Plant – Tower Hamlets. <br />
<br />
* 62 MW Offshore wind farm under construction off the coast of Redcar. The company also operates twenty onshore windfarms in north-east England.<br />
<br />
* EDF Energy is constructing a new 1,300MW Combined Cycle Gas Turbine (CCGT) power station at its West Burton site, in Nottinghamshire.<br />
<br />
==EDF wants new UK reactors by 2017==<br />
<br />
Back in October 2006 CEO Vincent de Rivaz proclaimed in a speech in London that EDF Energy was moving from being "investors in waiting" to "investors in action" for new nuclear power in the UK. He told the [[Nuclear Energy Finance Forum]] that EDF had set up a UK nuclear project team which aimed to show the government it "can rely on us to deliver safe, reliable and economical new nuclear in the UK". <br />
<br />
As investors, EDF also needed to have confidence in the government, he said. New nuclear investments would be made on time scales extending to eight parliaments or more. Given that political risk is a key factor in setting the capital cost of new nuclear, government policy and support were vital. It was essential, de Rivaz said, that the UK government’s 2007 Energy White Paper gave a clear and unambiguous statement of the need for new nuclear in the long-term energy mix in the UK. <br />
<br />
EDF Energy began consulting on plans to build a new nuclear station at Hinkley Point in Somerset in October 2008. <ref> [http://www.edfenergy.com/media-centre/press-news/edf-begins-public-consultation-on-its-Hinkley-Point-nuclear-plans.shtml EDF Energy Press Release], 14th October 2008, accessed August 2012.</ref> By the time it began the takeover of British Energy in January 2009 it was already clear that EDF Energy also wanted to build a new station at Sizewell in Suffolk. <ref> [http://www.edfenergy.com/media-centre/press-news/Combined-company-will-build-on-unrivalled-experience-of-EDF-and-British-Energy.shtml EDF Energy Press Release], 9th January 2009, accessed August 2012. </ref> <br />
<br />
The Health and Safety Executive (HSE), Environment Agency and Office for Civil Nuclear Security (OCNS) published new guidance for the assessment of new reactor designs for any new nuclear power stations that may potentially be built in the UK in early 2007. <ref> [http://www.hse.gov.uk/newreactors/guidance.htm Guidance: assessment of new nuclear power stations] Office for Nuclear Regulation website, accessed August 2012. </ref> EDF Energy said at that time that it hoped to put in a pre-licensing application in early 2007, and then start pouring concrete in 2012 and open the first new reactor in 2017.<br />
<br />
Applications from nuclear vendors interested in having their reactor designs assessed by the nuclear regulators were invited by 22nd June 2007. EDF Energy and [[Areva]] submitted the European Pressurised Water Reactor design to the process. <ref>[http://www.world-nuclear-news.org/newsarticle.aspx?id=13580&LangType=2057 Areva British Energy move for new UK nuclear], World Nuclear News 20th June 2007, accessed August 2012. </ref> In March 2008, the initial assessment of four nuclear power station designs was completed. No shortfalls in any of the designs were found. <br />
<br />
The Office for Nuclear Regulation (ONR) and Environment Agency say they were on course to complete a meaningful Generic Design assessment for the two proposed reactor designs by June 2011, but this was delayed pending an evaluation of lessons from the Fukushima accident. In December 2011 the ONR issued interim approval for the UK EPR with a long list of caveats – 31 so-called GDA<br />
Issues. <ref> [http://www.i-nuclear.com/2011/12/15/work-remains-on-uk-epr-despite-progress/ Work remains on UK EPR, despite progress] i-Nuclear 15th December 2011, accessed August 2012.</ref><br />
<br />
<br />
==NNB Generation Company==<br />
<br />
EDF bought British Energy in 2009 jointly with [[Centrica]], with EDF Energy taking 80% ownership and Centrica the rest. At the same time it set up NNB Generation Company (NNB GenCo) to build and operate two new nuclear power stations with Centrica taking a 20% stake in that company as well. <ref> [http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Nuclear/6541463 EDF, Centrica spend $300 million on new UK reactor program], Platts 25th October 2010, accessed August 2012.</ref><br />
<br />
==EDF Wanted Public Inquiries Emasculated== <br />
<br />
As early as October 2006 Rivaz said the Company is not looking for public subsidies - "just a framework which will allow us to invest in low-carbon generation and that includes nuclear". <ref>Mark Milner, [http://business.guardian.co.uk/story/0,,1892310,00.html “No Subsidies for Nuclear says Energy Minister”,] ''Guardian'', 11 October, 2006.</ref> EDF Energy’s submission to the DTI on the proposed Nuclear Policy Framework highlighted “the need for a licensing and planning environment for new nuclear power stations that '''significantly reduces the risks''' associated with investment, by providing certainty in terms of timescale and cost. (emphasis added) <ref>[http://www.edfenergy.com/core/response_to_dti/docs/EDF_Energy_Response_to_DTI_new_nuclear_build_consultation.pdf EDF Energy Response to the DTI Consultation on the Policy Framework for New Nuclear Build,] October, 2006.</ref> <br />
<br />
The submission said EDF has identified a number of issues, which should be addressed in order to “further reduce the risks associated with licensing and planning, and increase the certainty that investment in new nuclear will come forward”. In particular the company wanted public inquiries to be restricted to consideration of local issues, and it wanted the Government to set out a clear timetable for implementation of the policy framework so that new reactors could be operational by 2017.<br />
<br />
Rivaz also warned that Europe is facing an energy capacity crunch. By 2030, one trillion euros worth of investment in new energy capacity in Europe is needed if we are to ensure energy security. <ref>Pearl Marshall, “UK's climate, energy policies encourage EDF investment”, ''Nucleonics Week'', Vol. 47, No. 44, 2 November, 2006.</ref><br />
<br />
The short-lived Infrastructure Planning Commission (IPC) was set up in October 2009, opening fully for business in March 2010. Friends of the Earth described the IPC as “an unelected, undemocratic body - the new Commissioners aren’t directly accountable to the people their decisions will affect. It’s going to be very difficult for local people to get their voices heard, especially with key documents being so technical and opportunities to attend inquiries so few. If people are unhappy with the process they’ll have to take the matter to court, which is extremely difficult and costly.” <ref> [http://www.foe.co.uk/resource/press_releases/ipc_01092009.html New Infrastructure Planning Commission fails to give people a proper say on major projects], Friends of the Earth Press Release 1st October 2009, accessed August 2012.</ref><br />
<br />
<br />
==Hinkley Point C==<br />
<br />
NNB Generation Company Ltd started a formal pre-application process for the authorisation of the Hinkley Point C nuclear power station in July 2010. In December 2010 campaigners accused EDF Energy of ‘jumping the gun’ by applying for planning permission for what it called ‘preliminary works’. This involved trashing over 400 acres of woodland, cornfields and coastline, and the excavation of more than 3.2 million cubic metres of soil, sub-soil and rocks - more than was dug out to prepare the site for the 2012 London Olympic Games. <ref> [http://www.stophinkley.org/PressReleases/pr101201.htm EDF “Jumping The Gun” with Hinkley Point destruction], Stop Hinkley Press Release 1st December 2010, accessed August 2012 </ref> EDF Energy was given the go ahead for the preliminary works in July 2011, <ref> [http://www.guardian.co.uk/environment/2011/jul/29/planners-approve-nuclear-power-station-preparatory-work Hinkley C nuclear power station gets green light for preparatory work], Guardian 29th July 2011, accessed August 2012.</ref><br />
<br />
EDF Energy had been expected to submit its application to the Infrastructure Planning Commission in December 2010, but in the end it wasn’t submitted until the last day of October 2011. <ref> Walker, A. [http://www.bdb-law.co.uk/our-insights/blogs/planning-act-2008-blog/2011/12/291-project-progress-analysis-as-hinkley-point-application-made Project progress analysis as Hinkley Point application made], Planning Act 2008 Blog, No.291, 2nd November 2011, accessed August 2012</ref> Local people who attended the preliminary hearing of the IPC into the EDF Energy application were shocked at the limited scope of the inquiry and the attitude of the lead commissioner. When one local resident asked who would look at the dangers of nuclear power and the impact on the health of local children, she was told the point was irrelevant and her microphone was turned off. <ref>[ http://www.stophinkley.org/PressReleases/pr120322.pdf Government bully boy Sir Andrew Phillipson sets the tone of Infrastructure Planning Commission's examination of EDF's application to build Nuclear Power Station in Somerset], Stop Hinkley Press Release 22nd March 2012, accessed August 2012.</ref> <br />
<br />
<br />
==Victory for the Lobbyists==<br />
<br />
Those involved in a huge lobbying campaign for a new generation of nuclear power stations achieved at least a partial victory when the UK government published its energy review report in July 2006, <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1817546,00.html “The Powerful Business of Promoting a Nuclear Future”,] ''The Guardian'', 11 July, 2006.</ref> although some in the industry said it did not go far enough. <ref>Terry Macalister and Patrick Wintour, [http://business.guardian.co.uk/story/0,,1818533,00.html “Nuclear chiefs say Plans do not go Far Enough”,] ''The Guardian'', 12 July, 2006.</ref><br />
<br />
The Chancellor of the Exchequer's brother, [[Andrew Brown]], head of media relations at EDF Energy, will have been one of those celebrating. Brown moved to EDF from the PR company [[Weber Shandwick]], where he had been director of media strategy. [[Weber Shandwick]] has a long history of involvement with the atomic industry. A former UK chief executive of Shandwick International, [[Philip Dewhurst]], has also been an important figure pushing the pro-nuclear message as corporate affairs director for [[British Nuclear Fuels Ltd]] (BNFL). More recently, Mr Dewhurst has been acting as chairman of the [[Nuclear Industry Association]] (NIA). [[Weber Shandwick]], whose senior vice chairman is former Sun editor [[David Yelland]], provides PR advice to BNFL, which controls [[British Nuclear Group]], manager of the Sellafield site. <br />
<br />
More recently [[Weber Shandwick]] has been working for [[Nexia Solutions]] – the wholly owned subsidiary of BNFL which provides technology services and solutions across the full nuclear fuel cycle primarily in the UK, but with an increasing overseas market, and is expected to be the foundation of a new [[National Nuclear Laboratory]]. <ref>Nexia Solutions Press Release, [http://www.nexiasolutions.com/section.php?pageID=26&ID=276 “''Nexia Solutions Welcomes Announcement of UK National Nuclear Laboratory''”], 24 October, 2006.</ref><br />
<br />
==Decentralised Energy for London or Greenwash Trap?==<br />
<br />
In March 2006, Mayor of London Ken Livingstone, announced that EDF Energy had been chosen to work in partnership with the London Climate Change Agency to drive forward work that will provide decentralised, more efficient energy supplies for London. EDF Energy was the preferred bidder to set up a joint venture energy services company to develop sustainable energy schemes for London.<br />
<br />
The company will identify and develop sites across the capital where investment in sustainable energy technology will reduce carbon dioxide emissions, by encouraging the use of combined heat and power and renewable energy. Not only could this lead to a more secure and sustainable energy supply for London, but also to reduced household bills.<br />
<br />
CEO Vincent de Rivaz sees no contradiction in promoting Decentralised Energy and lobbying for new nuclear reactors in the UK. He says “EDF Energy believes that a diverse mix of energy is the key to security of supply for the UK in the longer term and central to the fight against climate change. Local solutions will need to play their part as part of that diverse mix”. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20060306a.html “Mayor Announces EDF Energy as Partner to Develop Climate Change Initiatives for London”,] 6 March, 2006.</ref><br />
<br />
The partnership will soon roll out combined heat and power units across London; all new social housing developments will soon have to be nearly 60% more efficient than they are now. <ref>John Vidal, [http://environment.guardian.co.uk/travel/story/0,,1935908,00.html “Plane Speaking”], ''The Guardian'', 1 November, 2006.</ref><br />
<br />
Ken Livingstone has called on the government to abandon plans for new nuclear power stations <ref>Ken Livingstone, [http://society.guardian.co.uk/comment/story/0,,1756095,00.html “Why Nuclear Power is out of the Question”], ''The Guardian'', 19 April, 2006.</ref> But he told ''The Guardian'' that he sees “no contradiction with the fact that EDF also generates energy elsewhere that is not sustainable”. He says, whilst he doesn’t agree with them on nuclear power, it would be churlish of him to turn down millions of pounds of investment in the renewable energy alternatives”. <ref>Ken Livingstone, [http://www.guardian.co.uk/letters/story/0,,1733584,00.html Letter to the Guardian], 18 March, 2006.</ref> Clearly concerned that Livingstone might be giving the nuclear proponents a public relations coup, ''The Guardian'' responded by pointing out that EDF had declared its interest in building 10 new nuclear plants in the UK with at least some of them likely to be built near London. <ref>John Henley, [http://www.guardian.co.uk/diary/story/0,,1735462,00.html “Guardian Diary”], ''The Guardian'', 21 March, 2006.</ref><br />
<br />
==Climate Balance - Misleading Consumers?==<br />
<br />
In a further attempt to bolster it environmental credentials, EDF Energy has invited its customers to pay an extra 0.42p (incl VAT) per unit of electricity and 0.147p per unit of gas to be spent on carbon offsetting projects. The examples it gives are the promotion of efficient cooking stoves in Bangladesh and reforestation projects in Uganda. <ref>[https://www.edfenergy.com/climatebalance/edf-energy/welcome.do?name=climatebalance.welcome.til Climate Balance], EDF Energy Website (accessed November, 2006).</ref> <br />
<br />
''The Guardian'' said this scheme was launched amid growing disquiet among environmentalists about carbon offsetting and just days after Scottish & Southern Energy was ordered to stop using a leaflet detailing its tree-planting carbon-offset project - a similar scheme - because it misled consumers. <ref>Miles Brignall, [http://business.guardian.co.uk/story/0,,1923154,00.html “EDF offers Customers Change to Join Carbon Offset Set”], ''The Guardian'', 16 October, 2006.</ref><br />
<br />
Friends of the Earth says it is growing increasingly concerned about the basis of carbon-offset schemes. "If companies are genuinely concerned about climate change they should focus their attention on cutting their emissions and using clean sources of energy."<br />
<br />
==Olympic Games Bid Supporter==<br />
<br />
EDF Energy was also the first company to sign up as a Premier Partner of the bid to bring the Olympics to London. The Company has said it wants to help ensure that London 2012 will be the “most environmentally friendly and sustainable games ever seen”.<br />
<br />
* It provided £1m of sponsorship to London 2012 <br />
* EDF Energy branded over 2,000 vans and 20 of its buildings with the London 2012 logo<br />
* The Company ran a £1m Sports for Schools campaign with the London Evening Standard <br />
* £350k provided to schools for school grounds and sports equipment through the EDF Energy Fit For Fun Awards and our staff focused Cash for Schools scheme. <br />
* Promoted the bid through broadcast sponsorship of the Boat Race and the European Rugby Cup, 140 banners across central London, perimeter board advertising at sporting events, Getty Gallery sponsorship, press competitions. <br />
* Currently encouraging participation in sport through the EDF Energy Weekend Workout in conjunction with ITV London. <br />
* 3,400 of its staff signed up as "Olympic Ambassadors" <br />
* Provided the London 2012 Countdown Clock "Powered by EDF Energy" in Trafalgar Square <br />
* Promoted the bid to its customers through customer communications materials and the London 2012 logo on its envelopes. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20050706.html “''London Wins Bid to Host 2012 Olympic and Paralympic Games''”], 6 July, 2005.</ref><br />
<br />
==The Way to a Man’s Heart? – Football==<br />
<br />
The Company, which only started to use the EDF Energy name across its 5 million customers in May 2006, used its sponsorship of ITV’s coverage of the FIFA World Cup in June 2006 as a way of increasing its brand recognition. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.archive.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/archive/20060519a.html “''New Look for Power Firm''”], 19 May, 2006.</ref><br />
<br />
In August 2006 EDF Energy agreed a three-year deal with the Rugby Football Union and Premier Rugby Ltd to sponsor the Anglo-Welsh Cup – a period when public support for new nuclear reactors will be critical to whether or not they are built. The competition has, therefore changed its name from the Powergen Cup to the EDF Energy Cup. <ref>Rugby Football Union Press Release, [http://www.rfu.com/index.cfm/fuseaction/RFUHome.News_Detail/StoryID/14369 “''EDF Energy to Sponsor UK’s Premier Cup Competition''”], 1 August, 2006.</ref><br />
<br />
Rivaz was clear that the sponsorship was to “help us build on the brand awareness” following on from the Company’s sponsorship of the ITV World Cup coverage. Sounding rather like someone building a fifth column he said the deal would help EDF build a connection with almost 2,000 amateur rugby clubs which are at the heart of their communities – a grass roots dimension which is a vital part of developing a relationship with its customers. A strategy the Company clearly believes has worked in France. [[EDF Group]] has contributed to the development of French Rugby from grassroots to the professional level, for more than three decades, and is one of the sponsors of the 2007 Rugby World Cup in France. <ref>[http://www.rugbyworldcup.com/EN/Home/partners+edf.htm Rugby World Cup 2007 website] (accessed November, 2006).</ref><br />
<br />
JD Power's survey of more than 2,500 people, however despite its support for sport, ranked EDF Energy as the gas and electricity supplier with the lowest customer satisfaction score. <ref>[http://business.guardian.co.uk/story/0,,1938867,00.html “Customer Satisfaction Drops as Fuel Prices Rise”,] ''The Guardian'', 3 November, 2006.</ref><br />
<br />
==Funding and finances==<br />
<br />
<br />
==People==<br />
<br />
*[[Vincent de Rivaz]] CEO<br />
*[[Andrew Brown]] Director Corporate Communications<br />
*[[Will Hutton]] Chief Executive of The Work Foundation and Chair of EDF Energy's Stakeholder Advisory Panel<br />
*[[Richard Mayson]], Director of Planning and External Affairs for Nuclear New Build, EDF Energy<br />
*[[Paul Spence]], Director of Strategy and Regulation, EDF Energy<br />
*[[Martin Lawrence]], EDF Energy, Managing Director, Energy Sourcing and Customer Supply<br />
*[[Nigel Knee]], Head of Nuclear Policy and Nuclear New Build, EDF Energy. Was previously part of British Energy’s strategy and business development team, focusing on the opportunity for new nuclear build.<br />
*[[Bobby Dean]] - Account Executive from [[PPS Group]] who was seconded to Communications Team at EDF Energy for four months in July 2011 – October 2011 (4 months) to assist in the co-ordination and delivery of the Hinkley Point C Consultation Report to the Infrastructure Planning Commission. <ref> [http://uk.linkedin.com/in/bobbywdean Bobby Dean], LinkedIn, accessed 19 May 2012 </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==Contact details, Resources, Notes==<br />
<br />
===NuclearSpin Resources===<br />
*[[EDF]]<br />
*[[EDF Energy and Schools]]<br />
*Juliette Jowitt, [http://www.guardian.co.uk/environment/2012/may/21/nuclear-reactor-reprieve-energy-plans-doubt Nuclear reactor reprieve puts UK energy plans in doubt], Monday 21 May 2012<br />
<br />
===Contact===<br />
*Website:<br />
<br />
<br />
===Notes===<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Energy&diff=174904EDF Energy2012-08-24T12:32:01Z<p>Peter Roche: /* EDF Wants Public Inquiries Emasculated */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
[[EDF]] was formed in 2003 when [[SEEBoard]], [[London Energy]] and [[SWEB]] were merged.<br />
<br />
EDF Energy is a wholly owned subsidiary of [[EDF Group]], one of the largest energy groups in Europe, which when it bought [[British Energy]] became one of the world's biggest. EDF generates between 6 and 12 per cent of the UK's energy (figures vary on their webpage) from coal, gas, nuclear and wind. 'Its EBITDA in 2009 was €17.4 billion. The net income (Group share) was €3.9 billion (+12.1%). R&D budget in 2007 amounted to €375 million.' <ref>EDF, "[http://www.edfenergy.com/about-us/about-edf-energy/who-owns-us.shtml EDF Who Owns Us]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
EDF is a 'sustainability' partner of the London Olympic Games 2012, the Paralympics, and also sponsors the EDF Energy Cup in Rugby. It claims to be committed to sustainability and donate to regional and local green initiatives and is a member of the [[UK Business Council for Sustainable Energy]].<br />
<br />
==Lobbying==<br />
<br />
EDF does a lot of lobbying. It had a part to play in the [[Energy White Paper]] and [[UK Energy Review 2007]] and a number of select committee reports, and briefings to ministers.<ref>EDF, "[http://www.edfenergy.com/sustainability/performance-report/download-pdf-report/PDF-Index.shtml EDF Energy and Sustainability Performance Report 2007]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
===External===<br />
In 2011-2012 EDF's external registered lobbying firms were the [[PPS Group]], which includes a number of other energy companies among its clients, and [[MHP Communications]]. <ref>APPC Register Entries for 1 Dec 2011 to 29 Feb 2012 & 1st March 2012 to 31st May 2012</ref><br />
<br />
In August 2012, [[Pagefield]] was brought in to handle strategic comms and help strengthen EDF's case for building a controversial proposed third nuclear power reactor at [[Sizewell]] in Suffolk, UK. It won the six-figure account after a pitch process thought to have been initiated one year beforehand. According to ''PR Week'' Pagefield "is expected to play a key role in the development of EDF’s narrative around the value of a new nuclear power reactor, liaising with the public, media and stakeholders such as the [[Environment Agency]] and local authorities. Partner [[Wendy Blair]] is handling the account. [[Mark Gallagher]] will provide senior-level strategic counsel. <ref name="nuclear">Matt Cartmell, [http://www.prweek.com/uk/news/1145402/edf-bolsters-comms-underpin-nuclear-plans/ EDF bolsters comms to underpin nuclear plans], , prweek.com, Wednesday, 15 August 2012, 9:24am, acc 15 August 2012 </ref><br />
<br />
[[Brunswick Group]] also mentions EDF Energy as a corporate comms client; Brunswick director [[Aideen Lee]] handles the account. <Ref> [http://www.brunswickgroup.com/our-people/partners-directors/profile.aspx?Id=185 Our People: Aideen Lee], Brunswick website, undated, accessed 8 June 2012 </ref><br />
[[Weber Shandwick]] is retained for consumer PR. <ref name="nuclear"/><br />
<br />
===Internal===<br />
*[[Victoria MacGregor]] - Head of Public Affairs at EDF Energy since 2001. Before this was Marketing and Policy Manager at [[Independent Healthcare Association]] and an Account Manager at [[Grey Advertising]].<ref> [http://uk.linkedin.com/pub/victoria-macgregor/2a/26b/72a?trk=pub-pbmap Victoria MacGregor profile], LinkedIn, accessed 28 May 2012 </ref><br />
*[[Paul Clark]] - Senior Public Affairs Manager.<br />
<br />
==Subsidiary of world's largest nuclear operator==<br />
<br />
EDF Energy is one of the largest energy companies in the UK, employing nearly 15,000 people. It is one of over 70 subsidiaries of the [[EDF Group]], which has almost 40 million customers worldwide, <ref>[http://www.edf.com/96134i/Homefr/EDFinternationalpresence.html EDF International Presence] EDF Group website (accessed November, 2006) and [http://www.linkedin.com/company/edf-energy EDF Energy profile], LinkedIn, accessed 10 August 2012</ref> and is the world’s largest nuclear operator. <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1890709,00.html “Nuclear Sector Calls for New Agency”,] ''Guardian'', 9 October, 2006.</ref> <br />
<br />
The UK is probably the most important market for EDF outside of France. In 2011 sales in the UK were 8.6 billion euros, compared with 37.2 billion euros in France. <ref>[http://www.edf.com/html/RA2011/en/pdf/EDF2011_001_va.pdf 2011 News/Global Issues,] EDF Activity and Sustainable Development Report 2011.</ref> It is the largest electricity supplier for London, the south-east and the south-west of England and as of August 2012 supplies energy to around 7.9 million customers (up from 5 million in 2006). It owns and manages the distribution network serving around a quarter of the UK population. It also operates coal and gas-fired plant as well as CHP plant and wind farms. <ref>[http://www.edfenergy.com/html/showPage.do?name=edfenergy.about.til About Us] EDF Energy Website (accessed November, 2006).</ref><br />
<br />
It owns what used to be London Electricity, Eastern Electricity, and South East Electricity (Seeboard Energy). In the South West (SWEB Energy) area, the distribution network is owned by [[Western Power Distribution]], but EDF supplies customers in that area.<br />
<br />
EDF’s generating plants include:-<br />
* Cottam coal-fired station (2,000MW) near Retford<br />
<br />
* West Burton coal-fired station (2,000MW)<br />
<br />
* Sutton Bridge Combined Cycle Gas Turbine station (790MW)<br />
<br />
* Barkantine CHP Plant – Tower Hamlets. <br />
<br />
* 62 MW Offshore wind farm under construction off the coast of Redcar. The company also operates twenty onshore windfarms in north-east England.<br />
<br />
* EDF Energy is constructing a new 1,300MW Combined Cycle Gas Turbine (CCGT) power station at its West Burton site, in Nottinghamshire.<br />
<br />
==EDF wants new UK reactors by 2017==<br />
<br />
Back in October 2006 CEO Vincent de Rivaz proclaimed in a speech in London that EDF Energy was moving from being "investors in waiting" to "investors in action" for new nuclear power in the UK. He told the [[Nuclear Energy Finance Forum]] that EDF had set up a UK nuclear project team which aimed to show the government it "can rely on us to deliver safe, reliable and economical new nuclear in the UK". <br />
<br />
As investors, EDF also needed to have confidence in the government, he said. New nuclear investments would be made on time scales extending to eight parliaments or more. Given that political risk is a key factor in setting the capital cost of new nuclear, government policy and support were vital. It was essential, de Rivaz said, that the UK government’s 2007 Energy White Paper gave a clear and unambiguous statement of the need for new nuclear in the long-term energy mix in the UK. <br />
<br />
EDF Energy began consulting on plans to build a new nuclear station at Hinkley Point in Somerset in October 2008. <ref> [http://www.edfenergy.com/media-centre/press-news/edf-begins-public-consultation-on-its-Hinkley-Point-nuclear-plans.shtml EDF Energy Press Release], 14th October 2008, accessed August 2012.</ref> By the time it began the takeover of British Energy in January 2009 it was already clear that EDF Energy also wanted to build a new station at Sizewell in Suffolk. <ref> [http://www.edfenergy.com/media-centre/press-news/Combined-company-will-build-on-unrivalled-experience-of-EDF-and-British-Energy.shtml EDF Energy Press Release], 9th January 2009, accessed August 2012. </ref> <br />
<br />
The Health and Safety Executive (HSE), Environment Agency and Office for Civil Nuclear Security (OCNS) published new guidance for the assessment of new reactor designs for any new nuclear power stations that may potentially be built in the UK in early 2007. <ref> [http://www.hse.gov.uk/newreactors/guidance.htm Guidance: assessment of new nuclear power stations] Office for Nuclear Regulation website, accessed August 2012. </ref> EDF Energy said at that time that it hoped to put in a pre-licensing application in early 2007, and then start pouring concrete in 2012 and open the first new reactor in 2017.<br />
<br />
Applications from nuclear vendors interested in having their reactor designs assessed by the nuclear regulators were invited by 22nd June 2007. EDF Energy and [[Areva]] submitted the European Pressurised Water Reactor design to the process. <ref>[http://www.world-nuclear-news.org/newsarticle.aspx?id=13580&LangType=2057 Areva British Energy move for new UK nuclear], World Nuclear News 20th June 2007, accessed August 2012. </ref> In March 2008, the initial assessment of four nuclear power station designs was completed. No shortfalls in any of the designs were found. <br />
<br />
The Office for Nuclear Regulation (ONR) and Environment Agency say they were on course to complete a meaningful Generic Design assessment for the two proposed reactor designs by June 2011, but this was delayed pending an evaluation of lessons from the Fukushima accident. In December 2011 the ONR issued interim approval for the UK EPR with a long list of caveats – 31 so-called GDA<br />
Issues. <ref> [http://www.i-nuclear.com/2011/12/15/work-remains-on-uk-epr-despite-progress/ Work remains on UK EPR, despite progress] i-Nuclear 15th December 2011, accessed August 2012.</ref><br />
<br />
<br />
==NNB Generation Company==<br />
<br />
EDF bought British Energy in 2009 jointly with [[Centrica]], with EDF Energy taking 80% ownership and Centrica the rest. At the same time it set up NNB Generation Company (NNB GenCo) to build and operate two new nuclear power stations with Centrica taking a 20% stake in that company as well. <ref> [http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Nuclear/6541463 EDF, Centrica spend $300 million on new UK reactor program], Platts 25th October 2010, accessed August 2012.</ref><br />
<br />
==EDF Wanted Public Inquiries Emasculated== <br />
<br />
As early as October 2006 Rivaz said the Company is not looking for public subsidies - "just a framework which will allow us to invest in low-carbon generation and that includes nuclear". <ref>Mark Milner, [http://business.guardian.co.uk/story/0,,1892310,00.html “No Subsidies for Nuclear says Energy Minister”,] ''Guardian'', 11 October, 2006.</ref> EDF Energy’s submission to the DTI on the proposed Nuclear Policy Framework highlighted “the need for a licensing and planning environment for new nuclear power stations that '''significantly reduces the risks''' associated with investment, by providing certainty in terms of timescale and cost. (emphasis added) <ref>[http://www.edfenergy.com/core/response_to_dti/docs/EDF_Energy_Response_to_DTI_new_nuclear_build_consultation.pdf EDF Energy Response to the DTI Consultation on the Policy Framework for New Nuclear Build,] October, 2006.</ref> <br />
<br />
The submission said EDF has identified a number of issues, which should be addressed in order to “further reduce the risks associated with licensing and planning, and increase the certainty that investment in new nuclear will come forward”. In particular the company wanted public inquiries to be restricted to consideration of local issues, and it wanted the Government to set out a clear timetable for implementation of the policy framework so that new reactors could be operational by 2017.<br />
<br />
Rivaz also warned that Europe is facing an energy capacity crunch. By 2030, one trillion euros worth of investment in new energy capacity in Europe is needed if we are to ensure energy security. <ref>Pearl Marshall, “UK's climate, energy policies encourage EDF investment”, ''Nucleonics Week'', Vol. 47, No. 44, 2 November, 2006.</ref><br />
<br />
The short-lived Infrastructure Planning Commission (IPC) was set up in October 2009, opening fully for business in March 2010. Friends of the Earth described the IPC as “an unelected, undemocratic body - the new Commissioners aren’t directly accountable to the people their decisions will affect. It’s going to be very difficult for local people to get their voices heard, especially with key documents being so technical and opportunities to attend inquiries so few. If people are unhappy with the process they’ll have to take the matter to court, which is extremely difficult and costly.” <ref> [http://www.foe.co.uk/resource/press_releases/ipc_01092009.html New Infrastructure Planning Commission fails to give people a proper say on major projects], Friends of the Earth Press Release 1st October 2009, accessed August 2012.</ref><br />
<br />
==Victory for the Lobbyists==<br />
<br />
Those involved in a huge lobbying campaign for a new generation of nuclear power stations achieved at least a partial victory when the UK government published its energy review report in July 2006, <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1817546,00.html “The Powerful Business of Promoting a Nuclear Future”,] ''The Guardian'', 11 July, 2006.</ref> although some in the industry said it did not go far enough. <ref>Terry Macalister and Patrick Wintour, [http://business.guardian.co.uk/story/0,,1818533,00.html “Nuclear chiefs say Plans do not go Far Enough”,] ''The Guardian'', 12 July, 2006.</ref><br />
<br />
The Chancellor of the Exchequer's brother, [[Andrew Brown]], head of media relations at EDF Energy, will have been one of those celebrating. Brown moved to EDF from the PR company [[Weber Shandwick]], where he had been director of media strategy. [[Weber Shandwick]] has a long history of involvement with the atomic industry. A former UK chief executive of Shandwick International, [[Philip Dewhurst]], has also been an important figure pushing the pro-nuclear message as corporate affairs director for [[British Nuclear Fuels Ltd]] (BNFL). More recently, Mr Dewhurst has been acting as chairman of the [[Nuclear Industry Association]] (NIA). [[Weber Shandwick]], whose senior vice chairman is former Sun editor [[David Yelland]], provides PR advice to BNFL, which controls [[British Nuclear Group]], manager of the Sellafield site. <br />
<br />
More recently [[Weber Shandwick]] has been working for [[Nexia Solutions]] – the wholly owned subsidiary of BNFL which provides technology services and solutions across the full nuclear fuel cycle primarily in the UK, but with an increasing overseas market, and is expected to be the foundation of a new [[National Nuclear Laboratory]]. <ref>Nexia Solutions Press Release, [http://www.nexiasolutions.com/section.php?pageID=26&ID=276 “''Nexia Solutions Welcomes Announcement of UK National Nuclear Laboratory''”], 24 October, 2006.</ref><br />
<br />
==Decentralised Energy for London or Greenwash Trap?==<br />
<br />
In March 2006, Mayor of London Ken Livingstone, announced that EDF Energy had been chosen to work in partnership with the London Climate Change Agency to drive forward work that will provide decentralised, more efficient energy supplies for London. EDF Energy was the preferred bidder to set up a joint venture energy services company to develop sustainable energy schemes for London.<br />
<br />
The company will identify and develop sites across the capital where investment in sustainable energy technology will reduce carbon dioxide emissions, by encouraging the use of combined heat and power and renewable energy. Not only could this lead to a more secure and sustainable energy supply for London, but also to reduced household bills.<br />
<br />
CEO Vincent de Rivaz sees no contradiction in promoting Decentralised Energy and lobbying for new nuclear reactors in the UK. He says “EDF Energy believes that a diverse mix of energy is the key to security of supply for the UK in the longer term and central to the fight against climate change. Local solutions will need to play their part as part of that diverse mix”. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20060306a.html “Mayor Announces EDF Energy as Partner to Develop Climate Change Initiatives for London”,] 6 March, 2006.</ref><br />
<br />
The partnership will soon roll out combined heat and power units across London; all new social housing developments will soon have to be nearly 60% more efficient than they are now. <ref>John Vidal, [http://environment.guardian.co.uk/travel/story/0,,1935908,00.html “Plane Speaking”], ''The Guardian'', 1 November, 2006.</ref><br />
<br />
Ken Livingstone has called on the government to abandon plans for new nuclear power stations <ref>Ken Livingstone, [http://society.guardian.co.uk/comment/story/0,,1756095,00.html “Why Nuclear Power is out of the Question”], ''The Guardian'', 19 April, 2006.</ref> But he told ''The Guardian'' that he sees “no contradiction with the fact that EDF also generates energy elsewhere that is not sustainable”. He says, whilst he doesn’t agree with them on nuclear power, it would be churlish of him to turn down millions of pounds of investment in the renewable energy alternatives”. <ref>Ken Livingstone, [http://www.guardian.co.uk/letters/story/0,,1733584,00.html Letter to the Guardian], 18 March, 2006.</ref> Clearly concerned that Livingstone might be giving the nuclear proponents a public relations coup, ''The Guardian'' responded by pointing out that EDF had declared its interest in building 10 new nuclear plants in the UK with at least some of them likely to be built near London. <ref>John Henley, [http://www.guardian.co.uk/diary/story/0,,1735462,00.html “Guardian Diary”], ''The Guardian'', 21 March, 2006.</ref><br />
<br />
==Climate Balance - Misleading Consumers?==<br />
<br />
In a further attempt to bolster it environmental credentials, EDF Energy has invited its customers to pay an extra 0.42p (incl VAT) per unit of electricity and 0.147p per unit of gas to be spent on carbon offsetting projects. The examples it gives are the promotion of efficient cooking stoves in Bangladesh and reforestation projects in Uganda. <ref>[https://www.edfenergy.com/climatebalance/edf-energy/welcome.do?name=climatebalance.welcome.til Climate Balance], EDF Energy Website (accessed November, 2006).</ref> <br />
<br />
''The Guardian'' said this scheme was launched amid growing disquiet among environmentalists about carbon offsetting and just days after Scottish & Southern Energy was ordered to stop using a leaflet detailing its tree-planting carbon-offset project - a similar scheme - because it misled consumers. <ref>Miles Brignall, [http://business.guardian.co.uk/story/0,,1923154,00.html “EDF offers Customers Change to Join Carbon Offset Set”], ''The Guardian'', 16 October, 2006.</ref><br />
<br />
Friends of the Earth says it is growing increasingly concerned about the basis of carbon-offset schemes. "If companies are genuinely concerned about climate change they should focus their attention on cutting their emissions and using clean sources of energy."<br />
<br />
==Olympic Games Bid Supporter==<br />
<br />
EDF Energy was also the first company to sign up as a Premier Partner of the bid to bring the Olympics to London. The Company has said it wants to help ensure that London 2012 will be the “most environmentally friendly and sustainable games ever seen”.<br />
<br />
* It provided £1m of sponsorship to London 2012 <br />
* EDF Energy branded over 2,000 vans and 20 of its buildings with the London 2012 logo<br />
* The Company ran a £1m Sports for Schools campaign with the London Evening Standard <br />
* £350k provided to schools for school grounds and sports equipment through the EDF Energy Fit For Fun Awards and our staff focused Cash for Schools scheme. <br />
* Promoted the bid through broadcast sponsorship of the Boat Race and the European Rugby Cup, 140 banners across central London, perimeter board advertising at sporting events, Getty Gallery sponsorship, press competitions. <br />
* Currently encouraging participation in sport through the EDF Energy Weekend Workout in conjunction with ITV London. <br />
* 3,400 of its staff signed up as "Olympic Ambassadors" <br />
* Provided the London 2012 Countdown Clock "Powered by EDF Energy" in Trafalgar Square <br />
* Promoted the bid to its customers through customer communications materials and the London 2012 logo on its envelopes. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20050706.html “''London Wins Bid to Host 2012 Olympic and Paralympic Games''”], 6 July, 2005.</ref><br />
<br />
==The Way to a Man’s Heart? – Football==<br />
<br />
The Company, which only started to use the EDF Energy name across its 5 million customers in May 2006, used its sponsorship of ITV’s coverage of the FIFA World Cup in June 2006 as a way of increasing its brand recognition. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.archive.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/archive/20060519a.html “''New Look for Power Firm''”], 19 May, 2006.</ref><br />
<br />
In August 2006 EDF Energy agreed a three-year deal with the Rugby Football Union and Premier Rugby Ltd to sponsor the Anglo-Welsh Cup – a period when public support for new nuclear reactors will be critical to whether or not they are built. The competition has, therefore changed its name from the Powergen Cup to the EDF Energy Cup. <ref>Rugby Football Union Press Release, [http://www.rfu.com/index.cfm/fuseaction/RFUHome.News_Detail/StoryID/14369 “''EDF Energy to Sponsor UK’s Premier Cup Competition''”], 1 August, 2006.</ref><br />
<br />
Rivaz was clear that the sponsorship was to “help us build on the brand awareness” following on from the Company’s sponsorship of the ITV World Cup coverage. Sounding rather like someone building a fifth column he said the deal would help EDF build a connection with almost 2,000 amateur rugby clubs which are at the heart of their communities – a grass roots dimension which is a vital part of developing a relationship with its customers. A strategy the Company clearly believes has worked in France. [[EDF Group]] has contributed to the development of French Rugby from grassroots to the professional level, for more than three decades, and is one of the sponsors of the 2007 Rugby World Cup in France. <ref>[http://www.rugbyworldcup.com/EN/Home/partners+edf.htm Rugby World Cup 2007 website] (accessed November, 2006).</ref><br />
<br />
JD Power's survey of more than 2,500 people, however despite its support for sport, ranked EDF Energy as the gas and electricity supplier with the lowest customer satisfaction score. <ref>[http://business.guardian.co.uk/story/0,,1938867,00.html “Customer Satisfaction Drops as Fuel Prices Rise”,] ''The Guardian'', 3 November, 2006.</ref><br />
<br />
==Funding and finances==<br />
<br />
<br />
==People==<br />
<br />
*[[Vincent de Rivaz]] CEO<br />
*[[Andrew Brown]] Director Corporate Communications<br />
*[[Will Hutton]] Chief Executive of The Work Foundation and Chair of EDF Energy's Stakeholder Advisory Panel<br />
*[[Richard Mayson]], Director of Planning and External Affairs for Nuclear New Build, EDF Energy<br />
*[[Paul Spence]], Director of Strategy and Regulation, EDF Energy<br />
*[[Martin Lawrence]], EDF Energy, Managing Director, Energy Sourcing and Customer Supply<br />
*[[Nigel Knee]], Head of Nuclear Policy and Nuclear New Build, EDF Energy. Was previously part of British Energy’s strategy and business development team, focusing on the opportunity for new nuclear build.<br />
*[[Bobby Dean]] - Account Executive from [[PPS Group]] who was seconded to Communications Team at EDF Energy for four months in July 2011 – October 2011 (4 months) to assist in the co-ordination and delivery of the Hinkley Point C Consultation Report to the Infrastructure Planning Commission. <ref> [http://uk.linkedin.com/in/bobbywdean Bobby Dean], LinkedIn, accessed 19 May 2012 </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==Contact details, Resources, Notes==<br />
<br />
===NuclearSpin Resources===<br />
*[[EDF]]<br />
*[[EDF Energy and Schools]]<br />
*Juliette Jowitt, [http://www.guardian.co.uk/environment/2012/may/21/nuclear-reactor-reprieve-energy-plans-doubt Nuclear reactor reprieve puts UK energy plans in doubt], Monday 21 May 2012<br />
<br />
===Contact===<br />
*Website:<br />
<br />
<br />
===Notes===<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Energy&diff=174903EDF Energy2012-08-24T12:27:15Z<p>Peter Roche: /* NNB Generation Company */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
[[EDF]] was formed in 2003 when [[SEEBoard]], [[London Energy]] and [[SWEB]] were merged.<br />
<br />
EDF Energy is a wholly owned subsidiary of [[EDF Group]], one of the largest energy groups in Europe, which when it bought [[British Energy]] became one of the world's biggest. EDF generates between 6 and 12 per cent of the UK's energy (figures vary on their webpage) from coal, gas, nuclear and wind. 'Its EBITDA in 2009 was €17.4 billion. The net income (Group share) was €3.9 billion (+12.1%). R&D budget in 2007 amounted to €375 million.' <ref>EDF, "[http://www.edfenergy.com/about-us/about-edf-energy/who-owns-us.shtml EDF Who Owns Us]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
EDF is a 'sustainability' partner of the London Olympic Games 2012, the Paralympics, and also sponsors the EDF Energy Cup in Rugby. It claims to be committed to sustainability and donate to regional and local green initiatives and is a member of the [[UK Business Council for Sustainable Energy]].<br />
<br />
==Lobbying==<br />
<br />
EDF does a lot of lobbying. It had a part to play in the [[Energy White Paper]] and [[UK Energy Review 2007]] and a number of select committee reports, and briefings to ministers.<ref>EDF, "[http://www.edfenergy.com/sustainability/performance-report/download-pdf-report/PDF-Index.shtml EDF Energy and Sustainability Performance Report 2007]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
===External===<br />
In 2011-2012 EDF's external registered lobbying firms were the [[PPS Group]], which includes a number of other energy companies among its clients, and [[MHP Communications]]. <ref>APPC Register Entries for 1 Dec 2011 to 29 Feb 2012 & 1st March 2012 to 31st May 2012</ref><br />
<br />
In August 2012, [[Pagefield]] was brought in to handle strategic comms and help strengthen EDF's case for building a controversial proposed third nuclear power reactor at [[Sizewell]] in Suffolk, UK. It won the six-figure account after a pitch process thought to have been initiated one year beforehand. According to ''PR Week'' Pagefield "is expected to play a key role in the development of EDF’s narrative around the value of a new nuclear power reactor, liaising with the public, media and stakeholders such as the [[Environment Agency]] and local authorities. Partner [[Wendy Blair]] is handling the account. [[Mark Gallagher]] will provide senior-level strategic counsel. <ref name="nuclear">Matt Cartmell, [http://www.prweek.com/uk/news/1145402/edf-bolsters-comms-underpin-nuclear-plans/ EDF bolsters comms to underpin nuclear plans], , prweek.com, Wednesday, 15 August 2012, 9:24am, acc 15 August 2012 </ref><br />
<br />
[[Brunswick Group]] also mentions EDF Energy as a corporate comms client; Brunswick director [[Aideen Lee]] handles the account. <Ref> [http://www.brunswickgroup.com/our-people/partners-directors/profile.aspx?Id=185 Our People: Aideen Lee], Brunswick website, undated, accessed 8 June 2012 </ref><br />
[[Weber Shandwick]] is retained for consumer PR. <ref name="nuclear"/><br />
<br />
===Internal===<br />
*[[Victoria MacGregor]] - Head of Public Affairs at EDF Energy since 2001. Before this was Marketing and Policy Manager at [[Independent Healthcare Association]] and an Account Manager at [[Grey Advertising]].<ref> [http://uk.linkedin.com/pub/victoria-macgregor/2a/26b/72a?trk=pub-pbmap Victoria MacGregor profile], LinkedIn, accessed 28 May 2012 </ref><br />
*[[Paul Clark]] - Senior Public Affairs Manager.<br />
<br />
==Subsidiary of world's largest nuclear operator==<br />
<br />
EDF Energy is one of the largest energy companies in the UK, employing nearly 15,000 people. It is one of over 70 subsidiaries of the [[EDF Group]], which has almost 40 million customers worldwide, <ref>[http://www.edf.com/96134i/Homefr/EDFinternationalpresence.html EDF International Presence] EDF Group website (accessed November, 2006) and [http://www.linkedin.com/company/edf-energy EDF Energy profile], LinkedIn, accessed 10 August 2012</ref> and is the world’s largest nuclear operator. <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1890709,00.html “Nuclear Sector Calls for New Agency”,] ''Guardian'', 9 October, 2006.</ref> <br />
<br />
The UK is probably the most important market for EDF outside of France. In 2011 sales in the UK were 8.6 billion euros, compared with 37.2 billion euros in France. <ref>[http://www.edf.com/html/RA2011/en/pdf/EDF2011_001_va.pdf 2011 News/Global Issues,] EDF Activity and Sustainable Development Report 2011.</ref> It is the largest electricity supplier for London, the south-east and the south-west of England and as of August 2012 supplies energy to around 7.9 million customers (up from 5 million in 2006). It owns and manages the distribution network serving around a quarter of the UK population. It also operates coal and gas-fired plant as well as CHP plant and wind farms. <ref>[http://www.edfenergy.com/html/showPage.do?name=edfenergy.about.til About Us] EDF Energy Website (accessed November, 2006).</ref><br />
<br />
It owns what used to be London Electricity, Eastern Electricity, and South East Electricity (Seeboard Energy). In the South West (SWEB Energy) area, the distribution network is owned by [[Western Power Distribution]], but EDF supplies customers in that area.<br />
<br />
EDF’s generating plants include:-<br />
* Cottam coal-fired station (2,000MW) near Retford<br />
<br />
* West Burton coal-fired station (2,000MW)<br />
<br />
* Sutton Bridge Combined Cycle Gas Turbine station (790MW)<br />
<br />
* Barkantine CHP Plant – Tower Hamlets. <br />
<br />
* 62 MW Offshore wind farm under construction off the coast of Redcar. The company also operates twenty onshore windfarms in north-east England.<br />
<br />
* EDF Energy is constructing a new 1,300MW Combined Cycle Gas Turbine (CCGT) power station at its West Burton site, in Nottinghamshire.<br />
<br />
==EDF wants new UK reactors by 2017==<br />
<br />
Back in October 2006 CEO Vincent de Rivaz proclaimed in a speech in London that EDF Energy was moving from being "investors in waiting" to "investors in action" for new nuclear power in the UK. He told the [[Nuclear Energy Finance Forum]] that EDF had set up a UK nuclear project team which aimed to show the government it "can rely on us to deliver safe, reliable and economical new nuclear in the UK". <br />
<br />
As investors, EDF also needed to have confidence in the government, he said. New nuclear investments would be made on time scales extending to eight parliaments or more. Given that political risk is a key factor in setting the capital cost of new nuclear, government policy and support were vital. It was essential, de Rivaz said, that the UK government’s 2007 Energy White Paper gave a clear and unambiguous statement of the need for new nuclear in the long-term energy mix in the UK. <br />
<br />
EDF Energy began consulting on plans to build a new nuclear station at Hinkley Point in Somerset in October 2008. <ref> [http://www.edfenergy.com/media-centre/press-news/edf-begins-public-consultation-on-its-Hinkley-Point-nuclear-plans.shtml EDF Energy Press Release], 14th October 2008, accessed August 2012.</ref> By the time it began the takeover of British Energy in January 2009 it was already clear that EDF Energy also wanted to build a new station at Sizewell in Suffolk. <ref> [http://www.edfenergy.com/media-centre/press-news/Combined-company-will-build-on-unrivalled-experience-of-EDF-and-British-Energy.shtml EDF Energy Press Release], 9th January 2009, accessed August 2012. </ref> <br />
<br />
The Health and Safety Executive (HSE), Environment Agency and Office for Civil Nuclear Security (OCNS) published new guidance for the assessment of new reactor designs for any new nuclear power stations that may potentially be built in the UK in early 2007. <ref> [http://www.hse.gov.uk/newreactors/guidance.htm Guidance: assessment of new nuclear power stations] Office for Nuclear Regulation website, accessed August 2012. </ref> EDF Energy said at that time that it hoped to put in a pre-licensing application in early 2007, and then start pouring concrete in 2012 and open the first new reactor in 2017.<br />
<br />
Applications from nuclear vendors interested in having their reactor designs assessed by the nuclear regulators were invited by 22nd June 2007. EDF Energy and [[Areva]] submitted the European Pressurised Water Reactor design to the process. <ref>[http://www.world-nuclear-news.org/newsarticle.aspx?id=13580&LangType=2057 Areva British Energy move for new UK nuclear], World Nuclear News 20th June 2007, accessed August 2012. </ref> In March 2008, the initial assessment of four nuclear power station designs was completed. No shortfalls in any of the designs were found. <br />
<br />
The Office for Nuclear Regulation (ONR) and Environment Agency say they were on course to complete a meaningful Generic Design assessment for the two proposed reactor designs by June 2011, but this was delayed pending an evaluation of lessons from the Fukushima accident. In December 2011 the ONR issued interim approval for the UK EPR with a long list of caveats – 31 so-called GDA<br />
Issues. <ref> [http://www.i-nuclear.com/2011/12/15/work-remains-on-uk-epr-despite-progress/ Work remains on UK EPR, despite progress] i-Nuclear 15th December 2011, accessed August 2012.</ref><br />
<br />
<br />
==NNB Generation Company==<br />
<br />
EDF bought British Energy in 2009 jointly with [[Centrica]], with EDF Energy taking 80% ownership and Centrica the rest. At the same time it set up NNB Generation Company (NNB GenCo) to build and operate two new nuclear power stations with Centrica taking a 20% stake in that company as well. <ref> [http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Nuclear/6541463 EDF, Centrica spend $300 million on new UK reactor program], Platts 25th October 2010, accessed August 2012.</ref><br />
<br />
==EDF Wants Public Inquiries Emasculated== <br />
<br />
Rivaz says the Company is not looking for public subsidies - "just a framework which will allow us to invest in low-carbon generation and that includes nuclear". <ref>Mark Milner, [http://business.guardian.co.uk/story/0,,1892310,00.html “No Subsidies for Nuclear says Energy Minister”,] ''Guardian'', 11 October, 2006.</ref> EDF Energy’s submission to the DTI on the proposed Nuclear Policy Framework highlighted “the need for a licensing and planning environment for new nuclear power stations that '''significantly reduces the risks''' associated with investment, by providing certainty in terms of timescale and cost. (emphasis added) <ref>[http://www.edfenergy.com/core/response_to_dti/docs/EDF_Energy_Response_to_DTI_new_nuclear_build_consultation.pdf EDF Energy Response to the DTI Consultation on the Policy Framework for New Nuclear Build,] October, 2006.</ref> <br />
<br />
The submission says EDF has identified a number of issues, which should be addressed in order to “further reduce the risks associated with licensing and planning, and increase the certainty that investment in new nuclear will come forward”. In particular the company wants public inquiries to be restricted to consideration of local issues, and it wants the Government’s White Paper, expected in March 2007, to set out a clear timetable for implementation of the policy framework so that new reactors can be operational by 2017.<br />
<br />
Rivaz also warned that Europe is facing an energy capacity crunch. By 2030, one trillion euros worth of investment in new energy capacity in Europe is needed if we are to ensure energy security. <ref>Pearl Marshall, “UK's climate, energy policies encourage EDF investment”, ''Nucleonics Week'', Vol. 47, No. 44, 2 November, 2006.</ref><br />
<br />
==Victory for the Lobbyists==<br />
<br />
Those involved in a huge lobbying campaign for a new generation of nuclear power stations achieved at least a partial victory when the UK government published its energy review report in July 2006, <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1817546,00.html “The Powerful Business of Promoting a Nuclear Future”,] ''The Guardian'', 11 July, 2006.</ref> although some in the industry said it did not go far enough. <ref>Terry Macalister and Patrick Wintour, [http://business.guardian.co.uk/story/0,,1818533,00.html “Nuclear chiefs say Plans do not go Far Enough”,] ''The Guardian'', 12 July, 2006.</ref><br />
<br />
The Chancellor of the Exchequer's brother, [[Andrew Brown]], head of media relations at EDF Energy, will have been one of those celebrating. Brown moved to EDF from the PR company [[Weber Shandwick]], where he had been director of media strategy. [[Weber Shandwick]] has a long history of involvement with the atomic industry. A former UK chief executive of Shandwick International, [[Philip Dewhurst]], has also been an important figure pushing the pro-nuclear message as corporate affairs director for [[British Nuclear Fuels Ltd]] (BNFL). More recently, Mr Dewhurst has been acting as chairman of the [[Nuclear Industry Association]] (NIA). [[Weber Shandwick]], whose senior vice chairman is former Sun editor [[David Yelland]], provides PR advice to BNFL, which controls [[British Nuclear Group]], manager of the Sellafield site. <br />
<br />
More recently [[Weber Shandwick]] has been working for [[Nexia Solutions]] – the wholly owned subsidiary of BNFL which provides technology services and solutions across the full nuclear fuel cycle primarily in the UK, but with an increasing overseas market, and is expected to be the foundation of a new [[National Nuclear Laboratory]]. <ref>Nexia Solutions Press Release, [http://www.nexiasolutions.com/section.php?pageID=26&ID=276 “''Nexia Solutions Welcomes Announcement of UK National Nuclear Laboratory''”], 24 October, 2006.</ref><br />
<br />
==Decentralised Energy for London or Greenwash Trap?==<br />
<br />
In March 2006, Mayor of London Ken Livingstone, announced that EDF Energy had been chosen to work in partnership with the London Climate Change Agency to drive forward work that will provide decentralised, more efficient energy supplies for London. EDF Energy was the preferred bidder to set up a joint venture energy services company to develop sustainable energy schemes for London.<br />
<br />
The company will identify and develop sites across the capital where investment in sustainable energy technology will reduce carbon dioxide emissions, by encouraging the use of combined heat and power and renewable energy. Not only could this lead to a more secure and sustainable energy supply for London, but also to reduced household bills.<br />
<br />
CEO Vincent de Rivaz sees no contradiction in promoting Decentralised Energy and lobbying for new nuclear reactors in the UK. He says “EDF Energy believes that a diverse mix of energy is the key to security of supply for the UK in the longer term and central to the fight against climate change. Local solutions will need to play their part as part of that diverse mix”. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20060306a.html “Mayor Announces EDF Energy as Partner to Develop Climate Change Initiatives for London”,] 6 March, 2006.</ref><br />
<br />
The partnership will soon roll out combined heat and power units across London; all new social housing developments will soon have to be nearly 60% more efficient than they are now. <ref>John Vidal, [http://environment.guardian.co.uk/travel/story/0,,1935908,00.html “Plane Speaking”], ''The Guardian'', 1 November, 2006.</ref><br />
<br />
Ken Livingstone has called on the government to abandon plans for new nuclear power stations <ref>Ken Livingstone, [http://society.guardian.co.uk/comment/story/0,,1756095,00.html “Why Nuclear Power is out of the Question”], ''The Guardian'', 19 April, 2006.</ref> But he told ''The Guardian'' that he sees “no contradiction with the fact that EDF also generates energy elsewhere that is not sustainable”. He says, whilst he doesn’t agree with them on nuclear power, it would be churlish of him to turn down millions of pounds of investment in the renewable energy alternatives”. <ref>Ken Livingstone, [http://www.guardian.co.uk/letters/story/0,,1733584,00.html Letter to the Guardian], 18 March, 2006.</ref> Clearly concerned that Livingstone might be giving the nuclear proponents a public relations coup, ''The Guardian'' responded by pointing out that EDF had declared its interest in building 10 new nuclear plants in the UK with at least some of them likely to be built near London. <ref>John Henley, [http://www.guardian.co.uk/diary/story/0,,1735462,00.html “Guardian Diary”], ''The Guardian'', 21 March, 2006.</ref><br />
<br />
==Climate Balance - Misleading Consumers?==<br />
<br />
In a further attempt to bolster it environmental credentials, EDF Energy has invited its customers to pay an extra 0.42p (incl VAT) per unit of electricity and 0.147p per unit of gas to be spent on carbon offsetting projects. The examples it gives are the promotion of efficient cooking stoves in Bangladesh and reforestation projects in Uganda. <ref>[https://www.edfenergy.com/climatebalance/edf-energy/welcome.do?name=climatebalance.welcome.til Climate Balance], EDF Energy Website (accessed November, 2006).</ref> <br />
<br />
''The Guardian'' said this scheme was launched amid growing disquiet among environmentalists about carbon offsetting and just days after Scottish & Southern Energy was ordered to stop using a leaflet detailing its tree-planting carbon-offset project - a similar scheme - because it misled consumers. <ref>Miles Brignall, [http://business.guardian.co.uk/story/0,,1923154,00.html “EDF offers Customers Change to Join Carbon Offset Set”], ''The Guardian'', 16 October, 2006.</ref><br />
<br />
Friends of the Earth says it is growing increasingly concerned about the basis of carbon-offset schemes. "If companies are genuinely concerned about climate change they should focus their attention on cutting their emissions and using clean sources of energy."<br />
<br />
==Olympic Games Bid Supporter==<br />
<br />
EDF Energy was also the first company to sign up as a Premier Partner of the bid to bring the Olympics to London. The Company has said it wants to help ensure that London 2012 will be the “most environmentally friendly and sustainable games ever seen”.<br />
<br />
* It provided £1m of sponsorship to London 2012 <br />
* EDF Energy branded over 2,000 vans and 20 of its buildings with the London 2012 logo<br />
* The Company ran a £1m Sports for Schools campaign with the London Evening Standard <br />
* £350k provided to schools for school grounds and sports equipment through the EDF Energy Fit For Fun Awards and our staff focused Cash for Schools scheme. <br />
* Promoted the bid through broadcast sponsorship of the Boat Race and the European Rugby Cup, 140 banners across central London, perimeter board advertising at sporting events, Getty Gallery sponsorship, press competitions. <br />
* Currently encouraging participation in sport through the EDF Energy Weekend Workout in conjunction with ITV London. <br />
* 3,400 of its staff signed up as "Olympic Ambassadors" <br />
* Provided the London 2012 Countdown Clock "Powered by EDF Energy" in Trafalgar Square <br />
* Promoted the bid to its customers through customer communications materials and the London 2012 logo on its envelopes. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20050706.html “''London Wins Bid to Host 2012 Olympic and Paralympic Games''”], 6 July, 2005.</ref><br />
<br />
==The Way to a Man’s Heart? – Football==<br />
<br />
The Company, which only started to use the EDF Energy name across its 5 million customers in May 2006, used its sponsorship of ITV’s coverage of the FIFA World Cup in June 2006 as a way of increasing its brand recognition. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.archive.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/archive/20060519a.html “''New Look for Power Firm''”], 19 May, 2006.</ref><br />
<br />
In August 2006 EDF Energy agreed a three-year deal with the Rugby Football Union and Premier Rugby Ltd to sponsor the Anglo-Welsh Cup – a period when public support for new nuclear reactors will be critical to whether or not they are built. The competition has, therefore changed its name from the Powergen Cup to the EDF Energy Cup. <ref>Rugby Football Union Press Release, [http://www.rfu.com/index.cfm/fuseaction/RFUHome.News_Detail/StoryID/14369 “''EDF Energy to Sponsor UK’s Premier Cup Competition''”], 1 August, 2006.</ref><br />
<br />
Rivaz was clear that the sponsorship was to “help us build on the brand awareness” following on from the Company’s sponsorship of the ITV World Cup coverage. Sounding rather like someone building a fifth column he said the deal would help EDF build a connection with almost 2,000 amateur rugby clubs which are at the heart of their communities – a grass roots dimension which is a vital part of developing a relationship with its customers. A strategy the Company clearly believes has worked in France. [[EDF Group]] has contributed to the development of French Rugby from grassroots to the professional level, for more than three decades, and is one of the sponsors of the 2007 Rugby World Cup in France. <ref>[http://www.rugbyworldcup.com/EN/Home/partners+edf.htm Rugby World Cup 2007 website] (accessed November, 2006).</ref><br />
<br />
JD Power's survey of more than 2,500 people, however despite its support for sport, ranked EDF Energy as the gas and electricity supplier with the lowest customer satisfaction score. <ref>[http://business.guardian.co.uk/story/0,,1938867,00.html “Customer Satisfaction Drops as Fuel Prices Rise”,] ''The Guardian'', 3 November, 2006.</ref><br />
<br />
==Funding and finances==<br />
<br />
<br />
==People==<br />
<br />
*[[Vincent de Rivaz]] CEO<br />
*[[Andrew Brown]] Director Corporate Communications<br />
*[[Will Hutton]] Chief Executive of The Work Foundation and Chair of EDF Energy's Stakeholder Advisory Panel<br />
*[[Richard Mayson]], Director of Planning and External Affairs for Nuclear New Build, EDF Energy<br />
*[[Paul Spence]], Director of Strategy and Regulation, EDF Energy<br />
*[[Martin Lawrence]], EDF Energy, Managing Director, Energy Sourcing and Customer Supply<br />
*[[Nigel Knee]], Head of Nuclear Policy and Nuclear New Build, EDF Energy. Was previously part of British Energy’s strategy and business development team, focusing on the opportunity for new nuclear build.<br />
*[[Bobby Dean]] - Account Executive from [[PPS Group]] who was seconded to Communications Team at EDF Energy for four months in July 2011 – October 2011 (4 months) to assist in the co-ordination and delivery of the Hinkley Point C Consultation Report to the Infrastructure Planning Commission. <ref> [http://uk.linkedin.com/in/bobbywdean Bobby Dean], LinkedIn, accessed 19 May 2012 </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==Contact details, Resources, Notes==<br />
<br />
===NuclearSpin Resources===<br />
*[[EDF]]<br />
*[[EDF Energy and Schools]]<br />
*Juliette Jowitt, [http://www.guardian.co.uk/environment/2012/may/21/nuclear-reactor-reprieve-energy-plans-doubt Nuclear reactor reprieve puts UK energy plans in doubt], Monday 21 May 2012<br />
<br />
===Contact===<br />
*Website:<br />
<br />
<br />
===Notes===<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Energy&diff=174902EDF Energy2012-08-24T12:25:25Z<p>Peter Roche: /* EDF Wants Public Inquiries Emasculated */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
[[EDF]] was formed in 2003 when [[SEEBoard]], [[London Energy]] and [[SWEB]] were merged.<br />
<br />
EDF Energy is a wholly owned subsidiary of [[EDF Group]], one of the largest energy groups in Europe, which when it bought [[British Energy]] became one of the world's biggest. EDF generates between 6 and 12 per cent of the UK's energy (figures vary on their webpage) from coal, gas, nuclear and wind. 'Its EBITDA in 2009 was €17.4 billion. The net income (Group share) was €3.9 billion (+12.1%). R&D budget in 2007 amounted to €375 million.' <ref>EDF, "[http://www.edfenergy.com/about-us/about-edf-energy/who-owns-us.shtml EDF Who Owns Us]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
EDF is a 'sustainability' partner of the London Olympic Games 2012, the Paralympics, and also sponsors the EDF Energy Cup in Rugby. It claims to be committed to sustainability and donate to regional and local green initiatives and is a member of the [[UK Business Council for Sustainable Energy]].<br />
<br />
==Lobbying==<br />
<br />
EDF does a lot of lobbying. It had a part to play in the [[Energy White Paper]] and [[UK Energy Review 2007]] and a number of select committee reports, and briefings to ministers.<ref>EDF, "[http://www.edfenergy.com/sustainability/performance-report/download-pdf-report/PDF-Index.shtml EDF Energy and Sustainability Performance Report 2007]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
===External===<br />
In 2011-2012 EDF's external registered lobbying firms were the [[PPS Group]], which includes a number of other energy companies among its clients, and [[MHP Communications]]. <ref>APPC Register Entries for 1 Dec 2011 to 29 Feb 2012 & 1st March 2012 to 31st May 2012</ref><br />
<br />
In August 2012, [[Pagefield]] was brought in to handle strategic comms and help strengthen EDF's case for building a controversial proposed third nuclear power reactor at [[Sizewell]] in Suffolk, UK. It won the six-figure account after a pitch process thought to have been initiated one year beforehand. According to ''PR Week'' Pagefield "is expected to play a key role in the development of EDF’s narrative around the value of a new nuclear power reactor, liaising with the public, media and stakeholders such as the [[Environment Agency]] and local authorities. Partner [[Wendy Blair]] is handling the account. [[Mark Gallagher]] will provide senior-level strategic counsel. <ref name="nuclear">Matt Cartmell, [http://www.prweek.com/uk/news/1145402/edf-bolsters-comms-underpin-nuclear-plans/ EDF bolsters comms to underpin nuclear plans], , prweek.com, Wednesday, 15 August 2012, 9:24am, acc 15 August 2012 </ref><br />
<br />
[[Brunswick Group]] also mentions EDF Energy as a corporate comms client; Brunswick director [[Aideen Lee]] handles the account. <Ref> [http://www.brunswickgroup.com/our-people/partners-directors/profile.aspx?Id=185 Our People: Aideen Lee], Brunswick website, undated, accessed 8 June 2012 </ref><br />
[[Weber Shandwick]] is retained for consumer PR. <ref name="nuclear"/><br />
<br />
===Internal===<br />
*[[Victoria MacGregor]] - Head of Public Affairs at EDF Energy since 2001. Before this was Marketing and Policy Manager at [[Independent Healthcare Association]] and an Account Manager at [[Grey Advertising]].<ref> [http://uk.linkedin.com/pub/victoria-macgregor/2a/26b/72a?trk=pub-pbmap Victoria MacGregor profile], LinkedIn, accessed 28 May 2012 </ref><br />
*[[Paul Clark]] - Senior Public Affairs Manager.<br />
<br />
==Subsidiary of world's largest nuclear operator==<br />
<br />
EDF Energy is one of the largest energy companies in the UK, employing nearly 15,000 people. It is one of over 70 subsidiaries of the [[EDF Group]], which has almost 40 million customers worldwide, <ref>[http://www.edf.com/96134i/Homefr/EDFinternationalpresence.html EDF International Presence] EDF Group website (accessed November, 2006) and [http://www.linkedin.com/company/edf-energy EDF Energy profile], LinkedIn, accessed 10 August 2012</ref> and is the world’s largest nuclear operator. <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1890709,00.html “Nuclear Sector Calls for New Agency”,] ''Guardian'', 9 October, 2006.</ref> <br />
<br />
The UK is probably the most important market for EDF outside of France. In 2011 sales in the UK were 8.6 billion euros, compared with 37.2 billion euros in France. <ref>[http://www.edf.com/html/RA2011/en/pdf/EDF2011_001_va.pdf 2011 News/Global Issues,] EDF Activity and Sustainable Development Report 2011.</ref> It is the largest electricity supplier for London, the south-east and the south-west of England and as of August 2012 supplies energy to around 7.9 million customers (up from 5 million in 2006). It owns and manages the distribution network serving around a quarter of the UK population. It also operates coal and gas-fired plant as well as CHP plant and wind farms. <ref>[http://www.edfenergy.com/html/showPage.do?name=edfenergy.about.til About Us] EDF Energy Website (accessed November, 2006).</ref><br />
<br />
It owns what used to be London Electricity, Eastern Electricity, and South East Electricity (Seeboard Energy). In the South West (SWEB Energy) area, the distribution network is owned by [[Western Power Distribution]], but EDF supplies customers in that area.<br />
<br />
EDF’s generating plants include:-<br />
* Cottam coal-fired station (2,000MW) near Retford<br />
<br />
* West Burton coal-fired station (2,000MW)<br />
<br />
* Sutton Bridge Combined Cycle Gas Turbine station (790MW)<br />
<br />
* Barkantine CHP Plant – Tower Hamlets. <br />
<br />
* 62 MW Offshore wind farm under construction off the coast of Redcar. The company also operates twenty onshore windfarms in north-east England.<br />
<br />
* EDF Energy is constructing a new 1,300MW Combined Cycle Gas Turbine (CCGT) power station at its West Burton site, in Nottinghamshire.<br />
<br />
==EDF wants new UK reactors by 2017==<br />
<br />
Back in October 2006 CEO Vincent de Rivaz proclaimed in a speech in London that EDF Energy was moving from being "investors in waiting" to "investors in action" for new nuclear power in the UK. He told the [[Nuclear Energy Finance Forum]] that EDF had set up a UK nuclear project team which aimed to show the government it "can rely on us to deliver safe, reliable and economical new nuclear in the UK". <br />
<br />
As investors, EDF also needed to have confidence in the government, he said. New nuclear investments would be made on time scales extending to eight parliaments or more. Given that political risk is a key factor in setting the capital cost of new nuclear, government policy and support were vital. It was essential, de Rivaz said, that the UK government’s 2007 Energy White Paper gave a clear and unambiguous statement of the need for new nuclear in the long-term energy mix in the UK. <br />
<br />
EDF Energy began consulting on plans to build a new nuclear station at Hinkley Point in Somerset in October 2008. <ref> [http://www.edfenergy.com/media-centre/press-news/edf-begins-public-consultation-on-its-Hinkley-Point-nuclear-plans.shtml EDF Energy Press Release], 14th October 2008, accessed August 2012.</ref> By the time it began the takeover of British Energy in January 2009 it was already clear that EDF Energy also wanted to build a new station at Sizewell in Suffolk. <ref> [http://www.edfenergy.com/media-centre/press-news/Combined-company-will-build-on-unrivalled-experience-of-EDF-and-British-Energy.shtml EDF Energy Press Release], 9th January 2009, accessed August 2012. </ref> <br />
<br />
The Health and Safety Executive (HSE), Environment Agency and Office for Civil Nuclear Security (OCNS) published new guidance for the assessment of new reactor designs for any new nuclear power stations that may potentially be built in the UK in early 2007. <ref> [http://www.hse.gov.uk/newreactors/guidance.htm Guidance: assessment of new nuclear power stations] Office for Nuclear Regulation website, accessed August 2012. </ref> EDF Energy said at that time that it hoped to put in a pre-licensing application in early 2007, and then start pouring concrete in 2012 and open the first new reactor in 2017.<br />
<br />
Applications from nuclear vendors interested in having their reactor designs assessed by the nuclear regulators were invited by 22nd June 2007. EDF Energy and [[Areva]] submitted the European Pressurised Water Reactor design to the process. <ref>[http://www.world-nuclear-news.org/newsarticle.aspx?id=13580&LangType=2057 Areva British Energy move for new UK nuclear], World Nuclear News 20th June 2007, accessed August 2012. </ref> In March 2008, the initial assessment of four nuclear power station designs was completed. No shortfalls in any of the designs were found. <br />
<br />
The Office for Nuclear Regulation (ONR) and Environment Agency say they were on course to complete a meaningful Generic Design assessment for the two proposed reactor designs by June 2011, but this was delayed pending an evaluation of lessons from the Fukushima accident. In December 2011 the ONR issued interim approval for the UK EPR with a long list of caveats – 31 so-called GDA<br />
Issues. <ref> [http://www.i-nuclear.com/2011/12/15/work-remains-on-uk-epr-despite-progress/ Work remains on UK EPR, despite progress] i-Nuclear 15th December 2011, accessed August 2012.</ref><br />
<br />
<br />
==NNB Generation Company==<br />
<br />
EDF bought British Energy in 2009 jointly with [[Centrica]], with EDF Energy taking 80% ownership and Centrica the rest. At the same time it set up NNB Generation Company (NNB GenCo) to build and operate two new nuclear power stations with Centrica taking a 20% stake in that company as well. <ref> [http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Nuclear/6541463EDF, Centrica spend $300 million on new UK reactor program], Platts 25th October 2010, accessed August 2012.</ref><br />
<br />
<br />
==EDF Wants Public Inquiries Emasculated== <br />
<br />
Rivaz says the Company is not looking for public subsidies - "just a framework which will allow us to invest in low-carbon generation and that includes nuclear". <ref>Mark Milner, [http://business.guardian.co.uk/story/0,,1892310,00.html “No Subsidies for Nuclear says Energy Minister”,] ''Guardian'', 11 October, 2006.</ref> EDF Energy’s submission to the DTI on the proposed Nuclear Policy Framework highlighted “the need for a licensing and planning environment for new nuclear power stations that '''significantly reduces the risks''' associated with investment, by providing certainty in terms of timescale and cost. (emphasis added) <ref>[http://www.edfenergy.com/core/response_to_dti/docs/EDF_Energy_Response_to_DTI_new_nuclear_build_consultation.pdf EDF Energy Response to the DTI Consultation on the Policy Framework for New Nuclear Build,] October, 2006.</ref> <br />
<br />
The submission says EDF has identified a number of issues, which should be addressed in order to “further reduce the risks associated with licensing and planning, and increase the certainty that investment in new nuclear will come forward”. In particular the company wants public inquiries to be restricted to consideration of local issues, and it wants the Government’s White Paper, expected in March 2007, to set out a clear timetable for implementation of the policy framework so that new reactors can be operational by 2017.<br />
<br />
Rivaz also warned that Europe is facing an energy capacity crunch. By 2030, one trillion euros worth of investment in new energy capacity in Europe is needed if we are to ensure energy security. <ref>Pearl Marshall, “UK's climate, energy policies encourage EDF investment”, ''Nucleonics Week'', Vol. 47, No. 44, 2 November, 2006.</ref><br />
<br />
==Victory for the Lobbyists==<br />
<br />
Those involved in a huge lobbying campaign for a new generation of nuclear power stations achieved at least a partial victory when the UK government published its energy review report in July 2006, <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1817546,00.html “The Powerful Business of Promoting a Nuclear Future”,] ''The Guardian'', 11 July, 2006.</ref> although some in the industry said it did not go far enough. <ref>Terry Macalister and Patrick Wintour, [http://business.guardian.co.uk/story/0,,1818533,00.html “Nuclear chiefs say Plans do not go Far Enough”,] ''The Guardian'', 12 July, 2006.</ref><br />
<br />
The Chancellor of the Exchequer's brother, [[Andrew Brown]], head of media relations at EDF Energy, will have been one of those celebrating. Brown moved to EDF from the PR company [[Weber Shandwick]], where he had been director of media strategy. [[Weber Shandwick]] has a long history of involvement with the atomic industry. A former UK chief executive of Shandwick International, [[Philip Dewhurst]], has also been an important figure pushing the pro-nuclear message as corporate affairs director for [[British Nuclear Fuels Ltd]] (BNFL). More recently, Mr Dewhurst has been acting as chairman of the [[Nuclear Industry Association]] (NIA). [[Weber Shandwick]], whose senior vice chairman is former Sun editor [[David Yelland]], provides PR advice to BNFL, which controls [[British Nuclear Group]], manager of the Sellafield site. <br />
<br />
More recently [[Weber Shandwick]] has been working for [[Nexia Solutions]] – the wholly owned subsidiary of BNFL which provides technology services and solutions across the full nuclear fuel cycle primarily in the UK, but with an increasing overseas market, and is expected to be the foundation of a new [[National Nuclear Laboratory]]. <ref>Nexia Solutions Press Release, [http://www.nexiasolutions.com/section.php?pageID=26&ID=276 “''Nexia Solutions Welcomes Announcement of UK National Nuclear Laboratory''”], 24 October, 2006.</ref><br />
<br />
==Decentralised Energy for London or Greenwash Trap?==<br />
<br />
In March 2006, Mayor of London Ken Livingstone, announced that EDF Energy had been chosen to work in partnership with the London Climate Change Agency to drive forward work that will provide decentralised, more efficient energy supplies for London. EDF Energy was the preferred bidder to set up a joint venture energy services company to develop sustainable energy schemes for London.<br />
<br />
The company will identify and develop sites across the capital where investment in sustainable energy technology will reduce carbon dioxide emissions, by encouraging the use of combined heat and power and renewable energy. Not only could this lead to a more secure and sustainable energy supply for London, but also to reduced household bills.<br />
<br />
CEO Vincent de Rivaz sees no contradiction in promoting Decentralised Energy and lobbying for new nuclear reactors in the UK. He says “EDF Energy believes that a diverse mix of energy is the key to security of supply for the UK in the longer term and central to the fight against climate change. Local solutions will need to play their part as part of that diverse mix”. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20060306a.html “Mayor Announces EDF Energy as Partner to Develop Climate Change Initiatives for London”,] 6 March, 2006.</ref><br />
<br />
The partnership will soon roll out combined heat and power units across London; all new social housing developments will soon have to be nearly 60% more efficient than they are now. <ref>John Vidal, [http://environment.guardian.co.uk/travel/story/0,,1935908,00.html “Plane Speaking”], ''The Guardian'', 1 November, 2006.</ref><br />
<br />
Ken Livingstone has called on the government to abandon plans for new nuclear power stations <ref>Ken Livingstone, [http://society.guardian.co.uk/comment/story/0,,1756095,00.html “Why Nuclear Power is out of the Question”], ''The Guardian'', 19 April, 2006.</ref> But he told ''The Guardian'' that he sees “no contradiction with the fact that EDF also generates energy elsewhere that is not sustainable”. He says, whilst he doesn’t agree with them on nuclear power, it would be churlish of him to turn down millions of pounds of investment in the renewable energy alternatives”. <ref>Ken Livingstone, [http://www.guardian.co.uk/letters/story/0,,1733584,00.html Letter to the Guardian], 18 March, 2006.</ref> Clearly concerned that Livingstone might be giving the nuclear proponents a public relations coup, ''The Guardian'' responded by pointing out that EDF had declared its interest in building 10 new nuclear plants in the UK with at least some of them likely to be built near London. <ref>John Henley, [http://www.guardian.co.uk/diary/story/0,,1735462,00.html “Guardian Diary”], ''The Guardian'', 21 March, 2006.</ref><br />
<br />
==Climate Balance - Misleading Consumers?==<br />
<br />
In a further attempt to bolster it environmental credentials, EDF Energy has invited its customers to pay an extra 0.42p (incl VAT) per unit of electricity and 0.147p per unit of gas to be spent on carbon offsetting projects. The examples it gives are the promotion of efficient cooking stoves in Bangladesh and reforestation projects in Uganda. <ref>[https://www.edfenergy.com/climatebalance/edf-energy/welcome.do?name=climatebalance.welcome.til Climate Balance], EDF Energy Website (accessed November, 2006).</ref> <br />
<br />
''The Guardian'' said this scheme was launched amid growing disquiet among environmentalists about carbon offsetting and just days after Scottish & Southern Energy was ordered to stop using a leaflet detailing its tree-planting carbon-offset project - a similar scheme - because it misled consumers. <ref>Miles Brignall, [http://business.guardian.co.uk/story/0,,1923154,00.html “EDF offers Customers Change to Join Carbon Offset Set”], ''The Guardian'', 16 October, 2006.</ref><br />
<br />
Friends of the Earth says it is growing increasingly concerned about the basis of carbon-offset schemes. "If companies are genuinely concerned about climate change they should focus their attention on cutting their emissions and using clean sources of energy."<br />
<br />
==Olympic Games Bid Supporter==<br />
<br />
EDF Energy was also the first company to sign up as a Premier Partner of the bid to bring the Olympics to London. The Company has said it wants to help ensure that London 2012 will be the “most environmentally friendly and sustainable games ever seen”.<br />
<br />
* It provided £1m of sponsorship to London 2012 <br />
* EDF Energy branded over 2,000 vans and 20 of its buildings with the London 2012 logo<br />
* The Company ran a £1m Sports for Schools campaign with the London Evening Standard <br />
* £350k provided to schools for school grounds and sports equipment through the EDF Energy Fit For Fun Awards and our staff focused Cash for Schools scheme. <br />
* Promoted the bid through broadcast sponsorship of the Boat Race and the European Rugby Cup, 140 banners across central London, perimeter board advertising at sporting events, Getty Gallery sponsorship, press competitions. <br />
* Currently encouraging participation in sport through the EDF Energy Weekend Workout in conjunction with ITV London. <br />
* 3,400 of its staff signed up as "Olympic Ambassadors" <br />
* Provided the London 2012 Countdown Clock "Powered by EDF Energy" in Trafalgar Square <br />
* Promoted the bid to its customers through customer communications materials and the London 2012 logo on its envelopes. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20050706.html “''London Wins Bid to Host 2012 Olympic and Paralympic Games''”], 6 July, 2005.</ref><br />
<br />
==The Way to a Man’s Heart? – Football==<br />
<br />
The Company, which only started to use the EDF Energy name across its 5 million customers in May 2006, used its sponsorship of ITV’s coverage of the FIFA World Cup in June 2006 as a way of increasing its brand recognition. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.archive.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/archive/20060519a.html “''New Look for Power Firm''”], 19 May, 2006.</ref><br />
<br />
In August 2006 EDF Energy agreed a three-year deal with the Rugby Football Union and Premier Rugby Ltd to sponsor the Anglo-Welsh Cup – a period when public support for new nuclear reactors will be critical to whether or not they are built. The competition has, therefore changed its name from the Powergen Cup to the EDF Energy Cup. <ref>Rugby Football Union Press Release, [http://www.rfu.com/index.cfm/fuseaction/RFUHome.News_Detail/StoryID/14369 “''EDF Energy to Sponsor UK’s Premier Cup Competition''”], 1 August, 2006.</ref><br />
<br />
Rivaz was clear that the sponsorship was to “help us build on the brand awareness” following on from the Company’s sponsorship of the ITV World Cup coverage. Sounding rather like someone building a fifth column he said the deal would help EDF build a connection with almost 2,000 amateur rugby clubs which are at the heart of their communities – a grass roots dimension which is a vital part of developing a relationship with its customers. A strategy the Company clearly believes has worked in France. [[EDF Group]] has contributed to the development of French Rugby from grassroots to the professional level, for more than three decades, and is one of the sponsors of the 2007 Rugby World Cup in France. <ref>[http://www.rugbyworldcup.com/EN/Home/partners+edf.htm Rugby World Cup 2007 website] (accessed November, 2006).</ref><br />
<br />
JD Power's survey of more than 2,500 people, however despite its support for sport, ranked EDF Energy as the gas and electricity supplier with the lowest customer satisfaction score. <ref>[http://business.guardian.co.uk/story/0,,1938867,00.html “Customer Satisfaction Drops as Fuel Prices Rise”,] ''The Guardian'', 3 November, 2006.</ref><br />
<br />
==Funding and finances==<br />
<br />
<br />
==People==<br />
<br />
*[[Vincent de Rivaz]] CEO<br />
*[[Andrew Brown]] Director Corporate Communications<br />
*[[Will Hutton]] Chief Executive of The Work Foundation and Chair of EDF Energy's Stakeholder Advisory Panel<br />
*[[Richard Mayson]], Director of Planning and External Affairs for Nuclear New Build, EDF Energy<br />
*[[Paul Spence]], Director of Strategy and Regulation, EDF Energy<br />
*[[Martin Lawrence]], EDF Energy, Managing Director, Energy Sourcing and Customer Supply<br />
*[[Nigel Knee]], Head of Nuclear Policy and Nuclear New Build, EDF Energy. Was previously part of British Energy’s strategy and business development team, focusing on the opportunity for new nuclear build.<br />
*[[Bobby Dean]] - Account Executive from [[PPS Group]] who was seconded to Communications Team at EDF Energy for four months in July 2011 – October 2011 (4 months) to assist in the co-ordination and delivery of the Hinkley Point C Consultation Report to the Infrastructure Planning Commission. <ref> [http://uk.linkedin.com/in/bobbywdean Bobby Dean], LinkedIn, accessed 19 May 2012 </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==Contact details, Resources, Notes==<br />
<br />
===NuclearSpin Resources===<br />
*[[EDF]]<br />
*[[EDF Energy and Schools]]<br />
*Juliette Jowitt, [http://www.guardian.co.uk/environment/2012/may/21/nuclear-reactor-reprieve-energy-plans-doubt Nuclear reactor reprieve puts UK energy plans in doubt], Monday 21 May 2012<br />
<br />
===Contact===<br />
*Website:<br />
<br />
<br />
===Notes===<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Energy&diff=174901EDF Energy2012-08-24T12:23:31Z<p>Peter Roche: /* EDF wants new UK reactors by 2017 */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
[[EDF]] was formed in 2003 when [[SEEBoard]], [[London Energy]] and [[SWEB]] were merged.<br />
<br />
EDF Energy is a wholly owned subsidiary of [[EDF Group]], one of the largest energy groups in Europe, which when it bought [[British Energy]] became one of the world's biggest. EDF generates between 6 and 12 per cent of the UK's energy (figures vary on their webpage) from coal, gas, nuclear and wind. 'Its EBITDA in 2009 was €17.4 billion. The net income (Group share) was €3.9 billion (+12.1%). R&D budget in 2007 amounted to €375 million.' <ref>EDF, "[http://www.edfenergy.com/about-us/about-edf-energy/who-owns-us.shtml EDF Who Owns Us]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
EDF is a 'sustainability' partner of the London Olympic Games 2012, the Paralympics, and also sponsors the EDF Energy Cup in Rugby. It claims to be committed to sustainability and donate to regional and local green initiatives and is a member of the [[UK Business Council for Sustainable Energy]].<br />
<br />
==Lobbying==<br />
<br />
EDF does a lot of lobbying. It had a part to play in the [[Energy White Paper]] and [[UK Energy Review 2007]] and a number of select committee reports, and briefings to ministers.<ref>EDF, "[http://www.edfenergy.com/sustainability/performance-report/download-pdf-report/PDF-Index.shtml EDF Energy and Sustainability Performance Report 2007]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
===External===<br />
In 2011-2012 EDF's external registered lobbying firms were the [[PPS Group]], which includes a number of other energy companies among its clients, and [[MHP Communications]]. <ref>APPC Register Entries for 1 Dec 2011 to 29 Feb 2012 & 1st March 2012 to 31st May 2012</ref><br />
<br />
In August 2012, [[Pagefield]] was brought in to handle strategic comms and help strengthen EDF's case for building a controversial proposed third nuclear power reactor at [[Sizewell]] in Suffolk, UK. It won the six-figure account after a pitch process thought to have been initiated one year beforehand. According to ''PR Week'' Pagefield "is expected to play a key role in the development of EDF’s narrative around the value of a new nuclear power reactor, liaising with the public, media and stakeholders such as the [[Environment Agency]] and local authorities. Partner [[Wendy Blair]] is handling the account. [[Mark Gallagher]] will provide senior-level strategic counsel. <ref name="nuclear">Matt Cartmell, [http://www.prweek.com/uk/news/1145402/edf-bolsters-comms-underpin-nuclear-plans/ EDF bolsters comms to underpin nuclear plans], , prweek.com, Wednesday, 15 August 2012, 9:24am, acc 15 August 2012 </ref><br />
<br />
[[Brunswick Group]] also mentions EDF Energy as a corporate comms client; Brunswick director [[Aideen Lee]] handles the account. <Ref> [http://www.brunswickgroup.com/our-people/partners-directors/profile.aspx?Id=185 Our People: Aideen Lee], Brunswick website, undated, accessed 8 June 2012 </ref><br />
[[Weber Shandwick]] is retained for consumer PR. <ref name="nuclear"/><br />
<br />
===Internal===<br />
*[[Victoria MacGregor]] - Head of Public Affairs at EDF Energy since 2001. Before this was Marketing and Policy Manager at [[Independent Healthcare Association]] and an Account Manager at [[Grey Advertising]].<ref> [http://uk.linkedin.com/pub/victoria-macgregor/2a/26b/72a?trk=pub-pbmap Victoria MacGregor profile], LinkedIn, accessed 28 May 2012 </ref><br />
*[[Paul Clark]] - Senior Public Affairs Manager.<br />
<br />
==Subsidiary of world's largest nuclear operator==<br />
<br />
EDF Energy is one of the largest energy companies in the UK, employing nearly 15,000 people. It is one of over 70 subsidiaries of the [[EDF Group]], which has almost 40 million customers worldwide, <ref>[http://www.edf.com/96134i/Homefr/EDFinternationalpresence.html EDF International Presence] EDF Group website (accessed November, 2006) and [http://www.linkedin.com/company/edf-energy EDF Energy profile], LinkedIn, accessed 10 August 2012</ref> and is the world’s largest nuclear operator. <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1890709,00.html “Nuclear Sector Calls for New Agency”,] ''Guardian'', 9 October, 2006.</ref> <br />
<br />
The UK is probably the most important market for EDF outside of France. In 2011 sales in the UK were 8.6 billion euros, compared with 37.2 billion euros in France. <ref>[http://www.edf.com/html/RA2011/en/pdf/EDF2011_001_va.pdf 2011 News/Global Issues,] EDF Activity and Sustainable Development Report 2011.</ref> It is the largest electricity supplier for London, the south-east and the south-west of England and as of August 2012 supplies energy to around 7.9 million customers (up from 5 million in 2006). It owns and manages the distribution network serving around a quarter of the UK population. It also operates coal and gas-fired plant as well as CHP plant and wind farms. <ref>[http://www.edfenergy.com/html/showPage.do?name=edfenergy.about.til About Us] EDF Energy Website (accessed November, 2006).</ref><br />
<br />
It owns what used to be London Electricity, Eastern Electricity, and South East Electricity (Seeboard Energy). In the South West (SWEB Energy) area, the distribution network is owned by [[Western Power Distribution]], but EDF supplies customers in that area.<br />
<br />
EDF’s generating plants include:-<br />
* Cottam coal-fired station (2,000MW) near Retford<br />
<br />
* West Burton coal-fired station (2,000MW)<br />
<br />
* Sutton Bridge Combined Cycle Gas Turbine station (790MW)<br />
<br />
* Barkantine CHP Plant – Tower Hamlets. <br />
<br />
* 62 MW Offshore wind farm under construction off the coast of Redcar. The company also operates twenty onshore windfarms in north-east England.<br />
<br />
* EDF Energy is constructing a new 1,300MW Combined Cycle Gas Turbine (CCGT) power station at its West Burton site, in Nottinghamshire.<br />
<br />
==EDF wants new UK reactors by 2017==<br />
<br />
Back in October 2006 CEO Vincent de Rivaz proclaimed in a speech in London that EDF Energy was moving from being "investors in waiting" to "investors in action" for new nuclear power in the UK. He told the [[Nuclear Energy Finance Forum]] that EDF had set up a UK nuclear project team which aimed to show the government it "can rely on us to deliver safe, reliable and economical new nuclear in the UK". <br />
<br />
As investors, EDF also needed to have confidence in the government, he said. New nuclear investments would be made on time scales extending to eight parliaments or more. Given that political risk is a key factor in setting the capital cost of new nuclear, government policy and support were vital. It was essential, de Rivaz said, that the UK government’s 2007 Energy White Paper gave a clear and unambiguous statement of the need for new nuclear in the long-term energy mix in the UK. <br />
<br />
EDF Energy began consulting on plans to build a new nuclear station at Hinkley Point in Somerset in October 2008. <ref> [http://www.edfenergy.com/media-centre/press-news/edf-begins-public-consultation-on-its-Hinkley-Point-nuclear-plans.shtml EDF Energy Press Release], 14th October 2008, accessed August 2012.</ref> By the time it began the takeover of British Energy in January 2009 it was already clear that EDF Energy also wanted to build a new station at Sizewell in Suffolk. <ref> [http://www.edfenergy.com/media-centre/press-news/Combined-company-will-build-on-unrivalled-experience-of-EDF-and-British-Energy.shtml EDF Energy Press Release], 9th January 2009, accessed August 2012. </ref> <br />
<br />
The Health and Safety Executive (HSE), Environment Agency and Office for Civil Nuclear Security (OCNS) published new guidance for the assessment of new reactor designs for any new nuclear power stations that may potentially be built in the UK in early 2007. <ref> [http://www.hse.gov.uk/newreactors/guidance.htm Guidance: assessment of new nuclear power stations] Office for Nuclear Regulation website, accessed August 2012. </ref> EDF Energy said at that time that it hoped to put in a pre-licensing application in early 2007, and then start pouring concrete in 2012 and open the first new reactor in 2017.<br />
<br />
Applications from nuclear vendors interested in having their reactor designs assessed by the nuclear regulators were invited by 22nd June 2007. EDF Energy and [[Areva]] submitted the European Pressurised Water Reactor design to the process. <ref>[http://www.world-nuclear-news.org/newsarticle.aspx?id=13580&LangType=2057 Areva British Energy move for new UK nuclear], World Nuclear News 20th June 2007, accessed August 2012. </ref> In March 2008, the initial assessment of four nuclear power station designs was completed. No shortfalls in any of the designs were found. <br />
<br />
The Office for Nuclear Regulation (ONR) and Environment Agency say they were on course to complete a meaningful Generic Design assessment for the two proposed reactor designs by June 2011, but this was delayed pending an evaluation of lessons from the Fukushima accident. In December 2011 the ONR issued interim approval for the UK EPR with a long list of caveats – 31 so-called GDA<br />
Issues. <ref> [http://www.i-nuclear.com/2011/12/15/work-remains-on-uk-epr-despite-progress/ Work remains on UK EPR, despite progress] i-Nuclear 15th December 2011, accessed August 2012.</ref><br />
<br />
==EDF Wants Public Inquiries Emasculated== <br />
<br />
Rivaz says the Company is not looking for public subsidies - "just a framework which will allow us to invest in low-carbon generation and that includes nuclear". <ref>Mark Milner, [http://business.guardian.co.uk/story/0,,1892310,00.html “No Subsidies for Nuclear says Energy Minister”,] ''Guardian'', 11 October, 2006.</ref> EDF Energy’s submission to the DTI on the proposed Nuclear Policy Framework highlighted “the need for a licensing and planning environment for new nuclear power stations that '''significantly reduces the risks''' associated with investment, by providing certainty in terms of timescale and cost. (emphasis added) <ref>[http://www.edfenergy.com/core/response_to_dti/docs/EDF_Energy_Response_to_DTI_new_nuclear_build_consultation.pdf EDF Energy Response to the DTI Consultation on the Policy Framework for New Nuclear Build,] October, 2006.</ref> <br />
<br />
The submission says EDF has identified a number of issues, which should be addressed in order to “further reduce the risks associated with licensing and planning, and increase the certainty that investment in new nuclear will come forward”. In particular the company wants public inquiries to be restricted to consideration of local issues, and it wants the Government’s White Paper, expected in March 2007, to set out a clear timetable for implementation of the policy framework so that new reactors can be operational by 2017.<br />
<br />
Rivaz also warned that Europe is facing an energy capacity crunch. By 2030, one trillion euros worth of investment in new energy capacity in Europe is needed if we are to ensure energy security. <ref>Pearl Marshall, “UK's climate, energy policies encourage EDF investment”, ''Nucleonics Week'', Vol. 47, No. 44, 2 November, 2006.</ref><br />
<br />
==Victory for the Lobbyists==<br />
<br />
Those involved in a huge lobbying campaign for a new generation of nuclear power stations achieved at least a partial victory when the UK government published its energy review report in July 2006, <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1817546,00.html “The Powerful Business of Promoting a Nuclear Future”,] ''The Guardian'', 11 July, 2006.</ref> although some in the industry said it did not go far enough. <ref>Terry Macalister and Patrick Wintour, [http://business.guardian.co.uk/story/0,,1818533,00.html “Nuclear chiefs say Plans do not go Far Enough”,] ''The Guardian'', 12 July, 2006.</ref><br />
<br />
The Chancellor of the Exchequer's brother, [[Andrew Brown]], head of media relations at EDF Energy, will have been one of those celebrating. Brown moved to EDF from the PR company [[Weber Shandwick]], where he had been director of media strategy. [[Weber Shandwick]] has a long history of involvement with the atomic industry. A former UK chief executive of Shandwick International, [[Philip Dewhurst]], has also been an important figure pushing the pro-nuclear message as corporate affairs director for [[British Nuclear Fuels Ltd]] (BNFL). More recently, Mr Dewhurst has been acting as chairman of the [[Nuclear Industry Association]] (NIA). [[Weber Shandwick]], whose senior vice chairman is former Sun editor [[David Yelland]], provides PR advice to BNFL, which controls [[British Nuclear Group]], manager of the Sellafield site. <br />
<br />
More recently [[Weber Shandwick]] has been working for [[Nexia Solutions]] – the wholly owned subsidiary of BNFL which provides technology services and solutions across the full nuclear fuel cycle primarily in the UK, but with an increasing overseas market, and is expected to be the foundation of a new [[National Nuclear Laboratory]]. <ref>Nexia Solutions Press Release, [http://www.nexiasolutions.com/section.php?pageID=26&ID=276 “''Nexia Solutions Welcomes Announcement of UK National Nuclear Laboratory''”], 24 October, 2006.</ref><br />
<br />
==Decentralised Energy for London or Greenwash Trap?==<br />
<br />
In March 2006, Mayor of London Ken Livingstone, announced that EDF Energy had been chosen to work in partnership with the London Climate Change Agency to drive forward work that will provide decentralised, more efficient energy supplies for London. EDF Energy was the preferred bidder to set up a joint venture energy services company to develop sustainable energy schemes for London.<br />
<br />
The company will identify and develop sites across the capital where investment in sustainable energy technology will reduce carbon dioxide emissions, by encouraging the use of combined heat and power and renewable energy. Not only could this lead to a more secure and sustainable energy supply for London, but also to reduced household bills.<br />
<br />
CEO Vincent de Rivaz sees no contradiction in promoting Decentralised Energy and lobbying for new nuclear reactors in the UK. He says “EDF Energy believes that a diverse mix of energy is the key to security of supply for the UK in the longer term and central to the fight against climate change. Local solutions will need to play their part as part of that diverse mix”. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20060306a.html “Mayor Announces EDF Energy as Partner to Develop Climate Change Initiatives for London”,] 6 March, 2006.</ref><br />
<br />
The partnership will soon roll out combined heat and power units across London; all new social housing developments will soon have to be nearly 60% more efficient than they are now. <ref>John Vidal, [http://environment.guardian.co.uk/travel/story/0,,1935908,00.html “Plane Speaking”], ''The Guardian'', 1 November, 2006.</ref><br />
<br />
Ken Livingstone has called on the government to abandon plans for new nuclear power stations <ref>Ken Livingstone, [http://society.guardian.co.uk/comment/story/0,,1756095,00.html “Why Nuclear Power is out of the Question”], ''The Guardian'', 19 April, 2006.</ref> But he told ''The Guardian'' that he sees “no contradiction with the fact that EDF also generates energy elsewhere that is not sustainable”. He says, whilst he doesn’t agree with them on nuclear power, it would be churlish of him to turn down millions of pounds of investment in the renewable energy alternatives”. <ref>Ken Livingstone, [http://www.guardian.co.uk/letters/story/0,,1733584,00.html Letter to the Guardian], 18 March, 2006.</ref> Clearly concerned that Livingstone might be giving the nuclear proponents a public relations coup, ''The Guardian'' responded by pointing out that EDF had declared its interest in building 10 new nuclear plants in the UK with at least some of them likely to be built near London. <ref>John Henley, [http://www.guardian.co.uk/diary/story/0,,1735462,00.html “Guardian Diary”], ''The Guardian'', 21 March, 2006.</ref><br />
<br />
==Climate Balance - Misleading Consumers?==<br />
<br />
In a further attempt to bolster it environmental credentials, EDF Energy has invited its customers to pay an extra 0.42p (incl VAT) per unit of electricity and 0.147p per unit of gas to be spent on carbon offsetting projects. The examples it gives are the promotion of efficient cooking stoves in Bangladesh and reforestation projects in Uganda. <ref>[https://www.edfenergy.com/climatebalance/edf-energy/welcome.do?name=climatebalance.welcome.til Climate Balance], EDF Energy Website (accessed November, 2006).</ref> <br />
<br />
''The Guardian'' said this scheme was launched amid growing disquiet among environmentalists about carbon offsetting and just days after Scottish & Southern Energy was ordered to stop using a leaflet detailing its tree-planting carbon-offset project - a similar scheme - because it misled consumers. <ref>Miles Brignall, [http://business.guardian.co.uk/story/0,,1923154,00.html “EDF offers Customers Change to Join Carbon Offset Set”], ''The Guardian'', 16 October, 2006.</ref><br />
<br />
Friends of the Earth says it is growing increasingly concerned about the basis of carbon-offset schemes. "If companies are genuinely concerned about climate change they should focus their attention on cutting their emissions and using clean sources of energy."<br />
<br />
==Olympic Games Bid Supporter==<br />
<br />
EDF Energy was also the first company to sign up as a Premier Partner of the bid to bring the Olympics to London. The Company has said it wants to help ensure that London 2012 will be the “most environmentally friendly and sustainable games ever seen”.<br />
<br />
* It provided £1m of sponsorship to London 2012 <br />
* EDF Energy branded over 2,000 vans and 20 of its buildings with the London 2012 logo<br />
* The Company ran a £1m Sports for Schools campaign with the London Evening Standard <br />
* £350k provided to schools for school grounds and sports equipment through the EDF Energy Fit For Fun Awards and our staff focused Cash for Schools scheme. <br />
* Promoted the bid through broadcast sponsorship of the Boat Race and the European Rugby Cup, 140 banners across central London, perimeter board advertising at sporting events, Getty Gallery sponsorship, press competitions. <br />
* Currently encouraging participation in sport through the EDF Energy Weekend Workout in conjunction with ITV London. <br />
* 3,400 of its staff signed up as "Olympic Ambassadors" <br />
* Provided the London 2012 Countdown Clock "Powered by EDF Energy" in Trafalgar Square <br />
* Promoted the bid to its customers through customer communications materials and the London 2012 logo on its envelopes. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20050706.html “''London Wins Bid to Host 2012 Olympic and Paralympic Games''”], 6 July, 2005.</ref><br />
<br />
==The Way to a Man’s Heart? – Football==<br />
<br />
The Company, which only started to use the EDF Energy name across its 5 million customers in May 2006, used its sponsorship of ITV’s coverage of the FIFA World Cup in June 2006 as a way of increasing its brand recognition. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.archive.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/archive/20060519a.html “''New Look for Power Firm''”], 19 May, 2006.</ref><br />
<br />
In August 2006 EDF Energy agreed a three-year deal with the Rugby Football Union and Premier Rugby Ltd to sponsor the Anglo-Welsh Cup – a period when public support for new nuclear reactors will be critical to whether or not they are built. The competition has, therefore changed its name from the Powergen Cup to the EDF Energy Cup. <ref>Rugby Football Union Press Release, [http://www.rfu.com/index.cfm/fuseaction/RFUHome.News_Detail/StoryID/14369 “''EDF Energy to Sponsor UK’s Premier Cup Competition''”], 1 August, 2006.</ref><br />
<br />
Rivaz was clear that the sponsorship was to “help us build on the brand awareness” following on from the Company’s sponsorship of the ITV World Cup coverage. Sounding rather like someone building a fifth column he said the deal would help EDF build a connection with almost 2,000 amateur rugby clubs which are at the heart of their communities – a grass roots dimension which is a vital part of developing a relationship with its customers. A strategy the Company clearly believes has worked in France. [[EDF Group]] has contributed to the development of French Rugby from grassroots to the professional level, for more than three decades, and is one of the sponsors of the 2007 Rugby World Cup in France. <ref>[http://www.rugbyworldcup.com/EN/Home/partners+edf.htm Rugby World Cup 2007 website] (accessed November, 2006).</ref><br />
<br />
JD Power's survey of more than 2,500 people, however despite its support for sport, ranked EDF Energy as the gas and electricity supplier with the lowest customer satisfaction score. <ref>[http://business.guardian.co.uk/story/0,,1938867,00.html “Customer Satisfaction Drops as Fuel Prices Rise”,] ''The Guardian'', 3 November, 2006.</ref><br />
<br />
==Funding and finances==<br />
<br />
<br />
==People==<br />
<br />
*[[Vincent de Rivaz]] CEO<br />
*[[Andrew Brown]] Director Corporate Communications<br />
*[[Will Hutton]] Chief Executive of The Work Foundation and Chair of EDF Energy's Stakeholder Advisory Panel<br />
*[[Richard Mayson]], Director of Planning and External Affairs for Nuclear New Build, EDF Energy<br />
*[[Paul Spence]], Director of Strategy and Regulation, EDF Energy<br />
*[[Martin Lawrence]], EDF Energy, Managing Director, Energy Sourcing and Customer Supply<br />
*[[Nigel Knee]], Head of Nuclear Policy and Nuclear New Build, EDF Energy. Was previously part of British Energy’s strategy and business development team, focusing on the opportunity for new nuclear build.<br />
*[[Bobby Dean]] - Account Executive from [[PPS Group]] who was seconded to Communications Team at EDF Energy for four months in July 2011 – October 2011 (4 months) to assist in the co-ordination and delivery of the Hinkley Point C Consultation Report to the Infrastructure Planning Commission. <ref> [http://uk.linkedin.com/in/bobbywdean Bobby Dean], LinkedIn, accessed 19 May 2012 </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==Contact details, Resources, Notes==<br />
<br />
===NuclearSpin Resources===<br />
*[[EDF]]<br />
*[[EDF Energy and Schools]]<br />
*Juliette Jowitt, [http://www.guardian.co.uk/environment/2012/may/21/nuclear-reactor-reprieve-energy-plans-doubt Nuclear reactor reprieve puts UK energy plans in doubt], Monday 21 May 2012<br />
<br />
===Contact===<br />
*Website:<br />
<br />
<br />
===Notes===<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Energy&diff=174900EDF Energy2012-08-24T12:20:42Z<p>Peter Roche: /* EDF wants new UK reactors by 2017 */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==Background==<br />
<br />
[[EDF]] was formed in 2003 when [[SEEBoard]], [[London Energy]] and [[SWEB]] were merged.<br />
<br />
EDF Energy is a wholly owned subsidiary of [[EDF Group]], one of the largest energy groups in Europe, which when it bought [[British Energy]] became one of the world's biggest. EDF generates between 6 and 12 per cent of the UK's energy (figures vary on their webpage) from coal, gas, nuclear and wind. 'Its EBITDA in 2009 was €17.4 billion. The net income (Group share) was €3.9 billion (+12.1%). R&D budget in 2007 amounted to €375 million.' <ref>EDF, "[http://www.edfenergy.com/about-us/about-edf-energy/who-owns-us.shtml EDF Who Owns Us]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
EDF is a 'sustainability' partner of the London Olympic Games 2012, the Paralympics, and also sponsors the EDF Energy Cup in Rugby. It claims to be committed to sustainability and donate to regional and local green initiatives and is a member of the [[UK Business Council for Sustainable Energy]].<br />
<br />
==Lobbying==<br />
<br />
EDF does a lot of lobbying. It had a part to play in the [[Energy White Paper]] and [[UK Energy Review 2007]] and a number of select committee reports, and briefings to ministers.<ref>EDF, "[http://www.edfenergy.com/sustainability/performance-report/download-pdf-report/PDF-Index.shtml EDF Energy and Sustainability Performance Report 2007]", EDF Homepage. accessed 17/02/09</ref><br />
<br />
===External===<br />
In 2011-2012 EDF's external registered lobbying firms were the [[PPS Group]], which includes a number of other energy companies among its clients, and [[MHP Communications]]. <ref>APPC Register Entries for 1 Dec 2011 to 29 Feb 2012 & 1st March 2012 to 31st May 2012</ref><br />
<br />
In August 2012, [[Pagefield]] was brought in to handle strategic comms and help strengthen EDF's case for building a controversial proposed third nuclear power reactor at [[Sizewell]] in Suffolk, UK. It won the six-figure account after a pitch process thought to have been initiated one year beforehand. According to ''PR Week'' Pagefield "is expected to play a key role in the development of EDF’s narrative around the value of a new nuclear power reactor, liaising with the public, media and stakeholders such as the [[Environment Agency]] and local authorities. Partner [[Wendy Blair]] is handling the account. [[Mark Gallagher]] will provide senior-level strategic counsel. <ref name="nuclear">Matt Cartmell, [http://www.prweek.com/uk/news/1145402/edf-bolsters-comms-underpin-nuclear-plans/ EDF bolsters comms to underpin nuclear plans], , prweek.com, Wednesday, 15 August 2012, 9:24am, acc 15 August 2012 </ref><br />
<br />
[[Brunswick Group]] also mentions EDF Energy as a corporate comms client; Brunswick director [[Aideen Lee]] handles the account. <Ref> [http://www.brunswickgroup.com/our-people/partners-directors/profile.aspx?Id=185 Our People: Aideen Lee], Brunswick website, undated, accessed 8 June 2012 </ref><br />
[[Weber Shandwick]] is retained for consumer PR. <ref name="nuclear"/><br />
<br />
===Internal===<br />
*[[Victoria MacGregor]] - Head of Public Affairs at EDF Energy since 2001. Before this was Marketing and Policy Manager at [[Independent Healthcare Association]] and an Account Manager at [[Grey Advertising]].<ref> [http://uk.linkedin.com/pub/victoria-macgregor/2a/26b/72a?trk=pub-pbmap Victoria MacGregor profile], LinkedIn, accessed 28 May 2012 </ref><br />
*[[Paul Clark]] - Senior Public Affairs Manager.<br />
<br />
==Subsidiary of world's largest nuclear operator==<br />
<br />
EDF Energy is one of the largest energy companies in the UK, employing nearly 15,000 people. It is one of over 70 subsidiaries of the [[EDF Group]], which has almost 40 million customers worldwide, <ref>[http://www.edf.com/96134i/Homefr/EDFinternationalpresence.html EDF International Presence] EDF Group website (accessed November, 2006) and [http://www.linkedin.com/company/edf-energy EDF Energy profile], LinkedIn, accessed 10 August 2012</ref> and is the world’s largest nuclear operator. <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1890709,00.html “Nuclear Sector Calls for New Agency”,] ''Guardian'', 9 October, 2006.</ref> <br />
<br />
The UK is probably the most important market for EDF outside of France. In 2011 sales in the UK were 8.6 billion euros, compared with 37.2 billion euros in France. <ref>[http://www.edf.com/html/RA2011/en/pdf/EDF2011_001_va.pdf 2011 News/Global Issues,] EDF Activity and Sustainable Development Report 2011.</ref> It is the largest electricity supplier for London, the south-east and the south-west of England and as of August 2012 supplies energy to around 7.9 million customers (up from 5 million in 2006). It owns and manages the distribution network serving around a quarter of the UK population. It also operates coal and gas-fired plant as well as CHP plant and wind farms. <ref>[http://www.edfenergy.com/html/showPage.do?name=edfenergy.about.til About Us] EDF Energy Website (accessed November, 2006).</ref><br />
<br />
It owns what used to be London Electricity, Eastern Electricity, and South East Electricity (Seeboard Energy). In the South West (SWEB Energy) area, the distribution network is owned by [[Western Power Distribution]], but EDF supplies customers in that area.<br />
<br />
EDF’s generating plants include:-<br />
* Cottam coal-fired station (2,000MW) near Retford<br />
<br />
* West Burton coal-fired station (2,000MW)<br />
<br />
* Sutton Bridge Combined Cycle Gas Turbine station (790MW)<br />
<br />
* Barkantine CHP Plant – Tower Hamlets. <br />
<br />
* 62 MW Offshore wind farm under construction off the coast of Redcar. The company also operates twenty onshore windfarms in north-east England.<br />
<br />
* EDF Energy is constructing a new 1,300MW Combined Cycle Gas Turbine (CCGT) power station at its West Burton site, in Nottinghamshire.<br />
<br />
==EDF wants new UK reactors by 2017==<br />
<br />
Back in October 2006 CEO Vincent de Rivaz proclaimed in a speech in London that EDF Energy was moving from being "investors in waiting" to "investors in action" for new nuclear power in the UK. He told the [[Nuclear Energy Finance Forum]] that EDF had set up a UK nuclear project team which aimed to show the government it "can rely on us to deliver safe, reliable and economical new nuclear in the UK". <br />
<br />
As investors, EDF also needed to have confidence in the government, he said. New nuclear investments would be made on time scales extending to eight parliaments or more. Given that political risk is a key factor in setting the capital cost of new nuclear, government policy and support were vital. It was essential, de Rivaz said, that the UK government’s 2007 Energy White Paper gave a clear and unambiguous statement of the need for new nuclear in the long-term energy mix in the UK. <br />
<br />
EDF Energy began consulting on plans to build a new nuclear station at Hinkley Point in Somerset in October 2008. <ref> [http://www.edfenergy.com/media-centre/press-news/edf-begins-public-consultation-on-its-Hinkley-Point-nuclear-plans.shtml EDF Energy Press Release], 14th October 2008, accessed August 2012.</ref> By the time it began the takeover of British Energy in January 2009 it was already clear that EDF Energy also wanted to build a new station at Sizewell in Suffolk. <ref> [http://www.edfenergy.com/media-centre/press-news/Combined-company-will-build-on-unrivalled-experience-of-EDF-and-British-Energy.shtml EDF Energy Press Release], 9th January 2009, accessed August 2012. </ref> <br />
<br />
The Health and Safety Executive (HSE), Environment Agency and Office for Civil Nuclear Security (OCNS) published new guidance for the assessment of new reactor designs for any new nuclear power stations that may potentially be built in the UK in early 2007. <ref> [http://www.hse.gov.uk/newreactors/guidance.htm Guidance: assessment of new nuclear power stations] Office for Nuclear Regulation website, accessed August 2012. </ref> EDF Energy said at that time that it hoped to put in a pre-licensing application in early 2007, and then start pouring concrete in 2012 and open the first new reactor in 2017.<br />
<br />
Applications from nuclear vendors interested in having their reactor designs assessed by the nuclear regulators were invited by 22nd June 2007. EDF Energy and [[Areva]] submitted the European Pressurised Water Reactor design to the process. <ref>[ http://www.world-nuclear-news.org/newsarticle.aspx?id=13580&LangType=2057 Areva, British Energy move for new UK nuclear], World Nuclear News 20th June 2007, accessed August 2012. </ref> In March 2008, the initial assessment of four nuclear power station designs was completed. No shortfalls in any of the designs were found. <br />
<br />
The Office for Nuclear Regulation (ONR) and Environment Agency say they were on course to complete a meaningful Generic Design assessment for the two proposed reactor designs by June 2011, but this was delayed pending an evaluation of lessons from the Fukushima accident. In December 2011 the ONR issued interim approval for the UK EPR with a long list of caveats – 31 so-called GDA<br />
Issues. <ref> [http://www.i-nuclear.com/2011/12/15/work-remains-on-uk-epr-despite-progress/ Work remains on UK EPR, despite progress] i-Nuclear 15th December 2011, accessed August 2012.</ref><br />
<br />
==EDF Wants Public Inquiries Emasculated== <br />
<br />
Rivaz says the Company is not looking for public subsidies - "just a framework which will allow us to invest in low-carbon generation and that includes nuclear". <ref>Mark Milner, [http://business.guardian.co.uk/story/0,,1892310,00.html “No Subsidies for Nuclear says Energy Minister”,] ''Guardian'', 11 October, 2006.</ref> EDF Energy’s submission to the DTI on the proposed Nuclear Policy Framework highlighted “the need for a licensing and planning environment for new nuclear power stations that '''significantly reduces the risks''' associated with investment, by providing certainty in terms of timescale and cost. (emphasis added) <ref>[http://www.edfenergy.com/core/response_to_dti/docs/EDF_Energy_Response_to_DTI_new_nuclear_build_consultation.pdf EDF Energy Response to the DTI Consultation on the Policy Framework for New Nuclear Build,] October, 2006.</ref> <br />
<br />
The submission says EDF has identified a number of issues, which should be addressed in order to “further reduce the risks associated with licensing and planning, and increase the certainty that investment in new nuclear will come forward”. In particular the company wants public inquiries to be restricted to consideration of local issues, and it wants the Government’s White Paper, expected in March 2007, to set out a clear timetable for implementation of the policy framework so that new reactors can be operational by 2017.<br />
<br />
Rivaz also warned that Europe is facing an energy capacity crunch. By 2030, one trillion euros worth of investment in new energy capacity in Europe is needed if we are to ensure energy security. <ref>Pearl Marshall, “UK's climate, energy policies encourage EDF investment”, ''Nucleonics Week'', Vol. 47, No. 44, 2 November, 2006.</ref><br />
<br />
==Victory for the Lobbyists==<br />
<br />
Those involved in a huge lobbying campaign for a new generation of nuclear power stations achieved at least a partial victory when the UK government published its energy review report in July 2006, <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1817546,00.html “The Powerful Business of Promoting a Nuclear Future”,] ''The Guardian'', 11 July, 2006.</ref> although some in the industry said it did not go far enough. <ref>Terry Macalister and Patrick Wintour, [http://business.guardian.co.uk/story/0,,1818533,00.html “Nuclear chiefs say Plans do not go Far Enough”,] ''The Guardian'', 12 July, 2006.</ref><br />
<br />
The Chancellor of the Exchequer's brother, [[Andrew Brown]], head of media relations at EDF Energy, will have been one of those celebrating. Brown moved to EDF from the PR company [[Weber Shandwick]], where he had been director of media strategy. [[Weber Shandwick]] has a long history of involvement with the atomic industry. A former UK chief executive of Shandwick International, [[Philip Dewhurst]], has also been an important figure pushing the pro-nuclear message as corporate affairs director for [[British Nuclear Fuels Ltd]] (BNFL). More recently, Mr Dewhurst has been acting as chairman of the [[Nuclear Industry Association]] (NIA). [[Weber Shandwick]], whose senior vice chairman is former Sun editor [[David Yelland]], provides PR advice to BNFL, which controls [[British Nuclear Group]], manager of the Sellafield site. <br />
<br />
More recently [[Weber Shandwick]] has been working for [[Nexia Solutions]] – the wholly owned subsidiary of BNFL which provides technology services and solutions across the full nuclear fuel cycle primarily in the UK, but with an increasing overseas market, and is expected to be the foundation of a new [[National Nuclear Laboratory]]. <ref>Nexia Solutions Press Release, [http://www.nexiasolutions.com/section.php?pageID=26&ID=276 “''Nexia Solutions Welcomes Announcement of UK National Nuclear Laboratory''”], 24 October, 2006.</ref><br />
<br />
==Decentralised Energy for London or Greenwash Trap?==<br />
<br />
In March 2006, Mayor of London Ken Livingstone, announced that EDF Energy had been chosen to work in partnership with the London Climate Change Agency to drive forward work that will provide decentralised, more efficient energy supplies for London. EDF Energy was the preferred bidder to set up a joint venture energy services company to develop sustainable energy schemes for London.<br />
<br />
The company will identify and develop sites across the capital where investment in sustainable energy technology will reduce carbon dioxide emissions, by encouraging the use of combined heat and power and renewable energy. Not only could this lead to a more secure and sustainable energy supply for London, but also to reduced household bills.<br />
<br />
CEO Vincent de Rivaz sees no contradiction in promoting Decentralised Energy and lobbying for new nuclear reactors in the UK. He says “EDF Energy believes that a diverse mix of energy is the key to security of supply for the UK in the longer term and central to the fight against climate change. Local solutions will need to play their part as part of that diverse mix”. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20060306a.html “Mayor Announces EDF Energy as Partner to Develop Climate Change Initiatives for London”,] 6 March, 2006.</ref><br />
<br />
The partnership will soon roll out combined heat and power units across London; all new social housing developments will soon have to be nearly 60% more efficient than they are now. <ref>John Vidal, [http://environment.guardian.co.uk/travel/story/0,,1935908,00.html “Plane Speaking”], ''The Guardian'', 1 November, 2006.</ref><br />
<br />
Ken Livingstone has called on the government to abandon plans for new nuclear power stations <ref>Ken Livingstone, [http://society.guardian.co.uk/comment/story/0,,1756095,00.html “Why Nuclear Power is out of the Question”], ''The Guardian'', 19 April, 2006.</ref> But he told ''The Guardian'' that he sees “no contradiction with the fact that EDF also generates energy elsewhere that is not sustainable”. He says, whilst he doesn’t agree with them on nuclear power, it would be churlish of him to turn down millions of pounds of investment in the renewable energy alternatives”. <ref>Ken Livingstone, [http://www.guardian.co.uk/letters/story/0,,1733584,00.html Letter to the Guardian], 18 March, 2006.</ref> Clearly concerned that Livingstone might be giving the nuclear proponents a public relations coup, ''The Guardian'' responded by pointing out that EDF had declared its interest in building 10 new nuclear plants in the UK with at least some of them likely to be built near London. <ref>John Henley, [http://www.guardian.co.uk/diary/story/0,,1735462,00.html “Guardian Diary”], ''The Guardian'', 21 March, 2006.</ref><br />
<br />
==Climate Balance - Misleading Consumers?==<br />
<br />
In a further attempt to bolster it environmental credentials, EDF Energy has invited its customers to pay an extra 0.42p (incl VAT) per unit of electricity and 0.147p per unit of gas to be spent on carbon offsetting projects. The examples it gives are the promotion of efficient cooking stoves in Bangladesh and reforestation projects in Uganda. <ref>[https://www.edfenergy.com/climatebalance/edf-energy/welcome.do?name=climatebalance.welcome.til Climate Balance], EDF Energy Website (accessed November, 2006).</ref> <br />
<br />
''The Guardian'' said this scheme was launched amid growing disquiet among environmentalists about carbon offsetting and just days after Scottish & Southern Energy was ordered to stop using a leaflet detailing its tree-planting carbon-offset project - a similar scheme - because it misled consumers. <ref>Miles Brignall, [http://business.guardian.co.uk/story/0,,1923154,00.html “EDF offers Customers Change to Join Carbon Offset Set”], ''The Guardian'', 16 October, 2006.</ref><br />
<br />
Friends of the Earth says it is growing increasingly concerned about the basis of carbon-offset schemes. "If companies are genuinely concerned about climate change they should focus their attention on cutting their emissions and using clean sources of energy."<br />
<br />
==Olympic Games Bid Supporter==<br />
<br />
EDF Energy was also the first company to sign up as a Premier Partner of the bid to bring the Olympics to London. The Company has said it wants to help ensure that London 2012 will be the “most environmentally friendly and sustainable games ever seen”.<br />
<br />
* It provided £1m of sponsorship to London 2012 <br />
* EDF Energy branded over 2,000 vans and 20 of its buildings with the London 2012 logo<br />
* The Company ran a £1m Sports for Schools campaign with the London Evening Standard <br />
* £350k provided to schools for school grounds and sports equipment through the EDF Energy Fit For Fun Awards and our staff focused Cash for Schools scheme. <br />
* Promoted the bid through broadcast sponsorship of the Boat Race and the European Rugby Cup, 140 banners across central London, perimeter board advertising at sporting events, Getty Gallery sponsorship, press competitions. <br />
* Currently encouraging participation in sport through the EDF Energy Weekend Workout in conjunction with ITV London. <br />
* 3,400 of its staff signed up as "Olympic Ambassadors" <br />
* Provided the London 2012 Countdown Clock "Powered by EDF Energy" in Trafalgar Square <br />
* Promoted the bid to its customers through customer communications materials and the London 2012 logo on its envelopes. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.news.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/news/20050706.html “''London Wins Bid to Host 2012 Olympic and Paralympic Games''”], 6 July, 2005.</ref><br />
<br />
==The Way to a Man’s Heart? – Football==<br />
<br />
The Company, which only started to use the EDF Energy name across its 5 million customers in May 2006, used its sponsorship of ITV’s coverage of the FIFA World Cup in June 2006 as a way of increasing its brand recognition. <ref>EDF Energy Press Release, [http://www.edfenergy.com/html/showPage.do?name=edfenergy.media.archive.item.til&cmsPage=/opencms/export/www.edfenergy.com/media/archive/20060519a.html “''New Look for Power Firm''”], 19 May, 2006.</ref><br />
<br />
In August 2006 EDF Energy agreed a three-year deal with the Rugby Football Union and Premier Rugby Ltd to sponsor the Anglo-Welsh Cup – a period when public support for new nuclear reactors will be critical to whether or not they are built. The competition has, therefore changed its name from the Powergen Cup to the EDF Energy Cup. <ref>Rugby Football Union Press Release, [http://www.rfu.com/index.cfm/fuseaction/RFUHome.News_Detail/StoryID/14369 “''EDF Energy to Sponsor UK’s Premier Cup Competition''”], 1 August, 2006.</ref><br />
<br />
Rivaz was clear that the sponsorship was to “help us build on the brand awareness” following on from the Company’s sponsorship of the ITV World Cup coverage. Sounding rather like someone building a fifth column he said the deal would help EDF build a connection with almost 2,000 amateur rugby clubs which are at the heart of their communities – a grass roots dimension which is a vital part of developing a relationship with its customers. A strategy the Company clearly believes has worked in France. [[EDF Group]] has contributed to the development of French Rugby from grassroots to the professional level, for more than three decades, and is one of the sponsors of the 2007 Rugby World Cup in France. <ref>[http://www.rugbyworldcup.com/EN/Home/partners+edf.htm Rugby World Cup 2007 website] (accessed November, 2006).</ref><br />
<br />
JD Power's survey of more than 2,500 people, however despite its support for sport, ranked EDF Energy as the gas and electricity supplier with the lowest customer satisfaction score. <ref>[http://business.guardian.co.uk/story/0,,1938867,00.html “Customer Satisfaction Drops as Fuel Prices Rise”,] ''The Guardian'', 3 November, 2006.</ref><br />
<br />
==Funding and finances==<br />
<br />
<br />
==People==<br />
<br />
*[[Vincent de Rivaz]] CEO<br />
*[[Andrew Brown]] Director Corporate Communications<br />
*[[Will Hutton]] Chief Executive of The Work Foundation and Chair of EDF Energy's Stakeholder Advisory Panel<br />
*[[Richard Mayson]], Director of Planning and External Affairs for Nuclear New Build, EDF Energy<br />
*[[Paul Spence]], Director of Strategy and Regulation, EDF Energy<br />
*[[Martin Lawrence]], EDF Energy, Managing Director, Energy Sourcing and Customer Supply<br />
*[[Nigel Knee]], Head of Nuclear Policy and Nuclear New Build, EDF Energy. Was previously part of British Energy’s strategy and business development team, focusing on the opportunity for new nuclear build.<br />
*[[Bobby Dean]] - Account Executive from [[PPS Group]] who was seconded to Communications Team at EDF Energy for four months in July 2011 – October 2011 (4 months) to assist in the co-ordination and delivery of the Hinkley Point C Consultation Report to the Infrastructure Planning Commission. <ref> [http://uk.linkedin.com/in/bobbywdean Bobby Dean], LinkedIn, accessed 19 May 2012 </ref><br />
<br />
==Affiliations==<br />
*[[NIA Programme Management Board]]<br />
<br />
==Contact details, Resources, Notes==<br />
<br />
===NuclearSpin Resources===<br />
*[[EDF]]<br />
*[[EDF Energy and Schools]]<br />
*Juliette Jowitt, [http://www.guardian.co.uk/environment/2012/may/21/nuclear-reactor-reprieve-energy-plans-doubt Nuclear reactor reprieve puts UK energy plans in doubt], Monday 21 May 2012<br />
<br />
===Contact===<br />
*Website:<br />
<br />
<br />
===Notes===<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Group&diff=174606EDF Group2012-08-22T14:02:30Z<p>Peter Roche: /* North America */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==World's Largest Nuclear Operator==<br />
<br />
The EDF Group consists of over 70 affiliates and investments in addition to the parent company. It has investments in 22 countries and offers services and consulting in 35 countries. Until August 2004, EDF (Electricite de France) was wholly owned by the French State. EDF is now a limited company, allowed to sell shares in up to 30% of the company. Its shares have been listed on the Paris stock-market since November 2005. <ref>[http://actionnaires.edf.com/75124i/Home-com/Shareholders/Group/Legal-status.html EDF SA Shareholders Information website] (accessed November, 2006).</ref> <br />
<br />
On December 31st 2011 15.5% of EDF’s shares were owned by investors, of which 1.84% were employees. 84.5% remained with the French State. <ref>[http://shareholders-and-investors.edf.com/edf-share/shareholding-structure-42691.html Shareholding Structure]EDF Group website, accessed August 2012.</ref> A major focus for the group, currently, is the opening up of the French energy market in July 2007. <ref>[http://www.edf.com/95038i/Accueilfr/EDFpresentationoftheGroup.html ''Presentation of the Group'',] EDF Group website (accessed November, 2006).</ref> As well as France, EDF has a major presence in the UK ([[EDF Energy]]), Germany and Italy. The Group has Europe’s largest electricity generation capacity, and the world’s largest nuclear capacity.<br />
<br />
Globally, EDF has 37.7 million customers, with 36 million of those in Europe and 26 million in France. It has 134.6 GW of capacity of which 99.3 is in France or overseas colonies and 13 in the UK. 74.8 GW was nuclear capacity providing almost 80% of EDF’s global output of electricity in 2011. <br />
<br />
EDF owns and operates 78 nuclear reactors - 58 in France (providing 77.7% of France’s electricity), 15 in the UK and 5 in the US. France is the second largest electronuclear power generator in the world behind the United States. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
==A Second White Elephant for Europe?==<br />
<br />
The Olkiluoto-3 reactor, currently under construction in Finland, is the first new reactor to be built in Europe since the Chernobyl disaster 20 years ago. <ref>Luke Harding, [http://www.guardian.co.uk/climatechange/story/0,,1753905,00.html “Caught Between Global Warming and an Energy Crisis, Blair looks North for Answers”,] ''The Guardian'', 14 April, 2006.</ref> It will be the world’s first European Pressurised Water Reactor (EPR) reactor – being built by a consortium of[[Areva]] and [[Siemens]]. The project is about five years behind schedule. <ref>Stellfox, D. [http://www.i-nuclear.com/2012/07/05/areva-siemens-win-e125-million-from-tvo-over-ol3-but-e2-billion-is-in-dispute/ ''Areva-Siemens win €125 million from TVO over OL3, but €2 billion is in dispute''], i-Nuclear 5th July 2012, accessed August 2012.</ref> <br />
<br />
Yet EDF is building a second EPR at Flamanville in Normandy – the third reactor on the site. EDF says completion of the EPR project is a key step in the process of renewing France’s nuclear generation capacity. Flamanville was supposed to be up and running by 2012, with construction costs of €3.3bn, but the plant is now not expected to open until 2016 and cost €6bn.<ref> Macilister, T. [http://www.guardian.co.uk/business/2011/jul/20/edf-french-nuclear-reactor-delays ''EDF admits French nuclear reactor delayed but says UK projects on target''], Guardian 20th July 2011, accessed August 2012. </ref>.<br />
<br />
The EPR design is a development of existing reactor designs. Reminiscent of the 1978 decision by the UK’s Labour Government to go-ahead with the Torness nuclear station in East Scotland (“A £2500 million mistake” <ref>Alf Young, “Torness plant was 'a £2500m mistake’”, ''Glasgow Herald'', 10 November, 1989.</ref> to keep the AGR reactor design option open, Flamanville is being built, not because the electricity is required, but as a “showcase for the industrial know-how of EDF and its European partners”. <ref>[http://www.edf.fr/72153d/Home-fr/Press/Special-features/Nuclear-Energy-and-the-EPR-Project-European-Pressurized-Water-Reactor-at-Flamanville-3 ''"Nuclear Energy and the EPR Project at Flamanville-3"'',] EDF Press Kit, October, 2006.</ref><br />
<br />
The French anti-nuclear group, Sortir du Nucleaire (SN),<ref>[http://www.sortirdunucleaire.org/index.php?menu=english&page=index Sortir du Nucleaire website]</ref> argues that the building permit awarded for Flamanville was wrongly granted. "EPR will just be used as a shop window to sell reactors to China," it argues. "We don't need to build any more reactors as those we have can be used until 2025." <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1855396,00.html “Sell-off of Nuclear Plants Faces Delay”,] ''The Guardian'', 22 August, 2006.</ref> In fact EDF set up a joint venture company with China Guangdong Nuclear Power Corp [[CGNPC]] to build two EPRs at Taishan in China with construction starting in 2009. <ref>Greenpeace, [http://www.greenpeace.org/international/Global/international/publications/nuclear/2012/EPR/399%20-%20EPR%20reportDEF-LR.pdf The EPR Nuclear Reactor], Greenpeace January 2012, accessed August 2012.</ref><br />
<br />
==Lack of Decommissioning Funds.==<br />
<br />
France's Court of Accounts, which oversees the finances of public bodies and state-owned enterprises, said in a controversial report published in January 2005, that debt-laden EDF had only what it termed an "embryo" of the money needed for decommissioning and waste management after the closure of its nuclear facilities. It’s heavy spending abroad on acquisitions in recent years has squandered finances. Basically EDF used its decommissioning funds to buy up companies abroad including large swaths of the British energy sector, and a stake in the Italian utility Edison. <ref>[http://www.ccomptes.fr/Cour-des-comptes/publications/rapports/nucleaire/integral.pdf Le démantèlement des installations nucléaires et la gestion des déchets radioactifs,] Cour des Comptes, January, 2005.</ref><br />
<br />
The Court of Accounts said EDF's preparations for nuclear decommissioning raised concerns that decommissioning costs would fall on future consumers or the state. Having unnecessarily given large contracts to Areva over past years to reprocess its spent fuel, EDF has accumulated over 80 tons of plutonium, and vast quantities of nuclear waste at the reprocessing plant at La Hague. So it is now confronted with huge liabilities, but insufficient funds to cover them. <br />
<br />
==Energy Imperialism?==<br />
<br />
===Italy & Germany===<br />
<br />
EDF owns 50% of Edison, Italy's second largest utility, which has an installed capacity of 11.5GW and around 11.5% of the Italian electricity market and 19.6% of the gas market. EDF also owns 100% of a smaller Italian utility , Fenice, which has an installed capacity of 0.5GW. EDF sold its share of the German utility EnBW in 2010. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
===Central and Eastern Europe===<br />
<br />
EDF Group has four subsidiaries in Poland, which together have a capacity of about 3140 Mwe of electricity and 4,000 MWth of heat. In November 2006, EDF purchased the remaining shares in the Hungarian company, Demasz, having owned only 60.95% of shares in 2005. Demasz is an electricity distribution and supply company. <ref>[http://www.edf.com/fichiers/fckeditor/File/press/cp_2006/cp_20061115_va.pdf"'' EDF successfully completes public purchase offer for Demasz''",] EDF Press Release, 15 November, 2006.</ref> EDF 2005 Annual Report also reports that EDF owns 95.57% of the Hungarian generation company BERt which has an installed capacity of 392Mwe. EDF also owns 49% of the Slovak electricity sales and distribution company, SSE, which has around 30% of the Slovak market.<br />
<br />
===North America===<br />
<br />
EDF inc owns almost 2 GW of nuclear in the United States through a 49.99% stake in Consteallation Energy Nuclear Group ([http://www.cengllc.com/about-at-a-glance/ CENG]). <br />
<ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
===Sales Contributions===<br />
<br />
France - 30,126 million euros<br />
<br />
UK [EDF Energy] - 6,674 million euros<br />
<br />
UK [EDF Trading] - 441 million euros<br />
<br />
Germany - 5,005 million euros<br />
<br />
Italy [Edison] - 1,010 million euros<br />
<br />
Italy [Fenice] - 480 million euros<br />
<br />
==EDF Worldwide==<br />
<br />
EDF has been divesting itself of investments in Latin America after some spectacular losses in 2004. EDF has also been active in Asia where is has worked on, amongst other things, nuclear construction projects. The Company says more than half of the electricity generating plants built worldwide between now and 2020 will be in Asia. The Group has been active in China for more than 20 years, participating in the construction and operation of the Daya Bay and Ling Ao nuclear plants. EDF is the largest foreign investor in China’s electricity sector.<br />
<br />
EDF International North America Inc. is a member of the [[NuStart Consortium]].<ref>[http://ina.edf.com/115150i/EDF-INA/EDF-in-North-America/activities.html EDF International North America Inc. website], accessed December, 2006.<br />
</ref><br />
<br />
==References==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Group&diff=174604EDF Group2012-08-22T13:59:02Z<p>Peter Roche: /* North America */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==World's Largest Nuclear Operator==<br />
<br />
The EDF Group consists of over 70 affiliates and investments in addition to the parent company. It has investments in 22 countries and offers services and consulting in 35 countries. Until August 2004, EDF (Electricite de France) was wholly owned by the French State. EDF is now a limited company, allowed to sell shares in up to 30% of the company. Its shares have been listed on the Paris stock-market since November 2005. <ref>[http://actionnaires.edf.com/75124i/Home-com/Shareholders/Group/Legal-status.html EDF SA Shareholders Information website] (accessed November, 2006).</ref> <br />
<br />
On December 31st 2011 15.5% of EDF’s shares were owned by investors, of which 1.84% were employees. 84.5% remained with the French State. <ref>[http://shareholders-and-investors.edf.com/edf-share/shareholding-structure-42691.html Shareholding Structure]EDF Group website, accessed August 2012.</ref> A major focus for the group, currently, is the opening up of the French energy market in July 2007. <ref>[http://www.edf.com/95038i/Accueilfr/EDFpresentationoftheGroup.html ''Presentation of the Group'',] EDF Group website (accessed November, 2006).</ref> As well as France, EDF has a major presence in the UK ([[EDF Energy]]), Germany and Italy. The Group has Europe’s largest electricity generation capacity, and the world’s largest nuclear capacity.<br />
<br />
Globally, EDF has 37.7 million customers, with 36 million of those in Europe and 26 million in France. It has 134.6 GW of capacity of which 99.3 is in France or overseas colonies and 13 in the UK. 74.8 GW was nuclear capacity providing almost 80% of EDF’s global output of electricity in 2011. <br />
<br />
EDF owns and operates 78 nuclear reactors - 58 in France (providing 77.7% of France’s electricity), 15 in the UK and 5 in the US. France is the second largest electronuclear power generator in the world behind the United States. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
==A Second White Elephant for Europe?==<br />
<br />
The Olkiluoto-3 reactor, currently under construction in Finland, is the first new reactor to be built in Europe since the Chernobyl disaster 20 years ago. <ref>Luke Harding, [http://www.guardian.co.uk/climatechange/story/0,,1753905,00.html “Caught Between Global Warming and an Energy Crisis, Blair looks North for Answers”,] ''The Guardian'', 14 April, 2006.</ref> It will be the world’s first European Pressurised Water Reactor (EPR) reactor – being built by a consortium of[[Areva]] and [[Siemens]]. The project is about five years behind schedule. <ref>Stellfox, D. [http://www.i-nuclear.com/2012/07/05/areva-siemens-win-e125-million-from-tvo-over-ol3-but-e2-billion-is-in-dispute/ ''Areva-Siemens win €125 million from TVO over OL3, but €2 billion is in dispute''], i-Nuclear 5th July 2012, accessed August 2012.</ref> <br />
<br />
Yet EDF is building a second EPR at Flamanville in Normandy – the third reactor on the site. EDF says completion of the EPR project is a key step in the process of renewing France’s nuclear generation capacity. Flamanville was supposed to be up and running by 2012, with construction costs of €3.3bn, but the plant is now not expected to open until 2016 and cost €6bn.<ref> Macilister, T. [http://www.guardian.co.uk/business/2011/jul/20/edf-french-nuclear-reactor-delays ''EDF admits French nuclear reactor delayed but says UK projects on target''], Guardian 20th July 2011, accessed August 2012. </ref>.<br />
<br />
The EPR design is a development of existing reactor designs. Reminiscent of the 1978 decision by the UK’s Labour Government to go-ahead with the Torness nuclear station in East Scotland (“A £2500 million mistake” <ref>Alf Young, “Torness plant was 'a £2500m mistake’”, ''Glasgow Herald'', 10 November, 1989.</ref> to keep the AGR reactor design option open, Flamanville is being built, not because the electricity is required, but as a “showcase for the industrial know-how of EDF and its European partners”. <ref>[http://www.edf.fr/72153d/Home-fr/Press/Special-features/Nuclear-Energy-and-the-EPR-Project-European-Pressurized-Water-Reactor-at-Flamanville-3 ''"Nuclear Energy and the EPR Project at Flamanville-3"'',] EDF Press Kit, October, 2006.</ref><br />
<br />
The French anti-nuclear group, Sortir du Nucleaire (SN),<ref>[http://www.sortirdunucleaire.org/index.php?menu=english&page=index Sortir du Nucleaire website]</ref> argues that the building permit awarded for Flamanville was wrongly granted. "EPR will just be used as a shop window to sell reactors to China," it argues. "We don't need to build any more reactors as those we have can be used until 2025." <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1855396,00.html “Sell-off of Nuclear Plants Faces Delay”,] ''The Guardian'', 22 August, 2006.</ref> In fact EDF set up a joint venture company with China Guangdong Nuclear Power Corp [[CGNPC]] to build two EPRs at Taishan in China with construction starting in 2009. <ref>Greenpeace, [http://www.greenpeace.org/international/Global/international/publications/nuclear/2012/EPR/399%20-%20EPR%20reportDEF-LR.pdf The EPR Nuclear Reactor], Greenpeace January 2012, accessed August 2012.</ref><br />
<br />
==Lack of Decommissioning Funds.==<br />
<br />
France's Court of Accounts, which oversees the finances of public bodies and state-owned enterprises, said in a controversial report published in January 2005, that debt-laden EDF had only what it termed an "embryo" of the money needed for decommissioning and waste management after the closure of its nuclear facilities. It’s heavy spending abroad on acquisitions in recent years has squandered finances. Basically EDF used its decommissioning funds to buy up companies abroad including large swaths of the British energy sector, and a stake in the Italian utility Edison. <ref>[http://www.ccomptes.fr/Cour-des-comptes/publications/rapports/nucleaire/integral.pdf Le démantèlement des installations nucléaires et la gestion des déchets radioactifs,] Cour des Comptes, January, 2005.</ref><br />
<br />
The Court of Accounts said EDF's preparations for nuclear decommissioning raised concerns that decommissioning costs would fall on future consumers or the state. Having unnecessarily given large contracts to Areva over past years to reprocess its spent fuel, EDF has accumulated over 80 tons of plutonium, and vast quantities of nuclear waste at the reprocessing plant at La Hague. So it is now confronted with huge liabilities, but insufficient funds to cover them. <br />
<br />
==Energy Imperialism?==<br />
<br />
===Italy & Germany===<br />
<br />
EDF owns 50% of Edison, Italy's second largest utility, which has an installed capacity of 11.5GW and around 11.5% of the Italian electricity market and 19.6% of the gas market. EDF also owns 100% of a smaller Italian utility , Fenice, which has an installed capacity of 0.5GW. EDF sold its share of the German utility EnBW in 2010. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
===Central and Eastern Europe===<br />
<br />
EDF Group has four subsidiaries in Poland, which together have a capacity of about 3140 Mwe of electricity and 4,000 MWth of heat. In November 2006, EDF purchased the remaining shares in the Hungarian company, Demasz, having owned only 60.95% of shares in 2005. Demasz is an electricity distribution and supply company. <ref>[http://www.edf.com/fichiers/fckeditor/File/press/cp_2006/cp_20061115_va.pdf"'' EDF successfully completes public purchase offer for Demasz''",] EDF Press Release, 15 November, 2006.</ref> EDF 2005 Annual Report also reports that EDF owns 95.57% of the Hungarian generation company BERt which has an installed capacity of 392Mwe. EDF also owns 49% of the Slovak electricity sales and distribution company, SSE, which has around 30% of the Slovak market.<br />
<br />
===North America===<br />
<br />
EDF inc owns almost 2 GW of nuclear in the United States through a 49.99% stake in Consteallation Energy Nuclear Group ([http://www.cengllc.com/about-at-a-glance/ CENG]). <br />
<br />
===Sales Contributions===<br />
<br />
France - 30,126 million euros<br />
<br />
UK [EDF Energy] - 6,674 million euros<br />
<br />
UK [EDF Trading] - 441 million euros<br />
<br />
Germany - 5,005 million euros<br />
<br />
Italy [Edison] - 1,010 million euros<br />
<br />
Italy [Fenice] - 480 million euros<br />
<br />
==EDF Worldwide==<br />
<br />
EDF has been divesting itself of investments in Latin America after some spectacular losses in 2004. EDF has also been active in Asia where is has worked on, amongst other things, nuclear construction projects. The Company says more than half of the electricity generating plants built worldwide between now and 2020 will be in Asia. The Group has been active in China for more than 20 years, participating in the construction and operation of the Daya Bay and Ling Ao nuclear plants. EDF is the largest foreign investor in China’s electricity sector.<br />
<br />
EDF International North America Inc. is a member of the [[NuStart Consortium]].<ref>[http://ina.edf.com/115150i/EDF-INA/EDF-in-North-America/activities.html EDF International North America Inc. website], accessed December, 2006.<br />
</ref><br />
<br />
==References==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Group&diff=174603EDF Group2012-08-22T13:58:17Z<p>Peter Roche: /* Sales Contributions */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==World's Largest Nuclear Operator==<br />
<br />
The EDF Group consists of over 70 affiliates and investments in addition to the parent company. It has investments in 22 countries and offers services and consulting in 35 countries. Until August 2004, EDF (Electricite de France) was wholly owned by the French State. EDF is now a limited company, allowed to sell shares in up to 30% of the company. Its shares have been listed on the Paris stock-market since November 2005. <ref>[http://actionnaires.edf.com/75124i/Home-com/Shareholders/Group/Legal-status.html EDF SA Shareholders Information website] (accessed November, 2006).</ref> <br />
<br />
On December 31st 2011 15.5% of EDF’s shares were owned by investors, of which 1.84% were employees. 84.5% remained with the French State. <ref>[http://shareholders-and-investors.edf.com/edf-share/shareholding-structure-42691.html Shareholding Structure]EDF Group website, accessed August 2012.</ref> A major focus for the group, currently, is the opening up of the French energy market in July 2007. <ref>[http://www.edf.com/95038i/Accueilfr/EDFpresentationoftheGroup.html ''Presentation of the Group'',] EDF Group website (accessed November, 2006).</ref> As well as France, EDF has a major presence in the UK ([[EDF Energy]]), Germany and Italy. The Group has Europe’s largest electricity generation capacity, and the world’s largest nuclear capacity.<br />
<br />
Globally, EDF has 37.7 million customers, with 36 million of those in Europe and 26 million in France. It has 134.6 GW of capacity of which 99.3 is in France or overseas colonies and 13 in the UK. 74.8 GW was nuclear capacity providing almost 80% of EDF’s global output of electricity in 2011. <br />
<br />
EDF owns and operates 78 nuclear reactors - 58 in France (providing 77.7% of France’s electricity), 15 in the UK and 5 in the US. France is the second largest electronuclear power generator in the world behind the United States. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
==A Second White Elephant for Europe?==<br />
<br />
The Olkiluoto-3 reactor, currently under construction in Finland, is the first new reactor to be built in Europe since the Chernobyl disaster 20 years ago. <ref>Luke Harding, [http://www.guardian.co.uk/climatechange/story/0,,1753905,00.html “Caught Between Global Warming and an Energy Crisis, Blair looks North for Answers”,] ''The Guardian'', 14 April, 2006.</ref> It will be the world’s first European Pressurised Water Reactor (EPR) reactor – being built by a consortium of[[Areva]] and [[Siemens]]. The project is about five years behind schedule. <ref>Stellfox, D. [http://www.i-nuclear.com/2012/07/05/areva-siemens-win-e125-million-from-tvo-over-ol3-but-e2-billion-is-in-dispute/ ''Areva-Siemens win €125 million from TVO over OL3, but €2 billion is in dispute''], i-Nuclear 5th July 2012, accessed August 2012.</ref> <br />
<br />
Yet EDF is building a second EPR at Flamanville in Normandy – the third reactor on the site. EDF says completion of the EPR project is a key step in the process of renewing France’s nuclear generation capacity. Flamanville was supposed to be up and running by 2012, with construction costs of €3.3bn, but the plant is now not expected to open until 2016 and cost €6bn.<ref> Macilister, T. [http://www.guardian.co.uk/business/2011/jul/20/edf-french-nuclear-reactor-delays ''EDF admits French nuclear reactor delayed but says UK projects on target''], Guardian 20th July 2011, accessed August 2012. </ref>.<br />
<br />
The EPR design is a development of existing reactor designs. Reminiscent of the 1978 decision by the UK’s Labour Government to go-ahead with the Torness nuclear station in East Scotland (“A £2500 million mistake” <ref>Alf Young, “Torness plant was 'a £2500m mistake’”, ''Glasgow Herald'', 10 November, 1989.</ref> to keep the AGR reactor design option open, Flamanville is being built, not because the electricity is required, but as a “showcase for the industrial know-how of EDF and its European partners”. <ref>[http://www.edf.fr/72153d/Home-fr/Press/Special-features/Nuclear-Energy-and-the-EPR-Project-European-Pressurized-Water-Reactor-at-Flamanville-3 ''"Nuclear Energy and the EPR Project at Flamanville-3"'',] EDF Press Kit, October, 2006.</ref><br />
<br />
The French anti-nuclear group, Sortir du Nucleaire (SN),<ref>[http://www.sortirdunucleaire.org/index.php?menu=english&page=index Sortir du Nucleaire website]</ref> argues that the building permit awarded for Flamanville was wrongly granted. "EPR will just be used as a shop window to sell reactors to China," it argues. "We don't need to build any more reactors as those we have can be used until 2025." <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1855396,00.html “Sell-off of Nuclear Plants Faces Delay”,] ''The Guardian'', 22 August, 2006.</ref> In fact EDF set up a joint venture company with China Guangdong Nuclear Power Corp [[CGNPC]] to build two EPRs at Taishan in China with construction starting in 2009. <ref>Greenpeace, [http://www.greenpeace.org/international/Global/international/publications/nuclear/2012/EPR/399%20-%20EPR%20reportDEF-LR.pdf The EPR Nuclear Reactor], Greenpeace January 2012, accessed August 2012.</ref><br />
<br />
==Lack of Decommissioning Funds.==<br />
<br />
France's Court of Accounts, which oversees the finances of public bodies and state-owned enterprises, said in a controversial report published in January 2005, that debt-laden EDF had only what it termed an "embryo" of the money needed for decommissioning and waste management after the closure of its nuclear facilities. It’s heavy spending abroad on acquisitions in recent years has squandered finances. Basically EDF used its decommissioning funds to buy up companies abroad including large swaths of the British energy sector, and a stake in the Italian utility Edison. <ref>[http://www.ccomptes.fr/Cour-des-comptes/publications/rapports/nucleaire/integral.pdf Le démantèlement des installations nucléaires et la gestion des déchets radioactifs,] Cour des Comptes, January, 2005.</ref><br />
<br />
The Court of Accounts said EDF's preparations for nuclear decommissioning raised concerns that decommissioning costs would fall on future consumers or the state. Having unnecessarily given large contracts to Areva over past years to reprocess its spent fuel, EDF has accumulated over 80 tons of plutonium, and vast quantities of nuclear waste at the reprocessing plant at La Hague. So it is now confronted with huge liabilities, but insufficient funds to cover them. <br />
<br />
==Energy Imperialism?==<br />
<br />
===Italy & Germany===<br />
<br />
EDF owns 50% of Edison, Italy's second largest utility, which has an installed capacity of 11.5GW and around 11.5% of the Italian electricity market and 19.6% of the gas market. EDF also owns 100% of a smaller Italian utility , Fenice, which has an installed capacity of 0.5GW. EDF sold its share of the German utility EnBW in 2010. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
===Central and Eastern Europe===<br />
<br />
EDF Group has four subsidiaries in Poland, which together have a capacity of about 3140 Mwe of electricity and 4,000 MWth of heat. In November 2006, EDF purchased the remaining shares in the Hungarian company, Demasz, having owned only 60.95% of shares in 2005. Demasz is an electricity distribution and supply company. <ref>[http://www.edf.com/fichiers/fckeditor/File/press/cp_2006/cp_20061115_va.pdf"'' EDF successfully completes public purchase offer for Demasz''",] EDF Press Release, 15 November, 2006.</ref> EDF 2005 Annual Report also reports that EDF owns 95.57% of the Hungarian generation company BERt which has an installed capacity of 392Mwe. EDF also owns 49% of the Slovak electricity sales and distribution company, SSE, which has around 30% of the Slovak market.<br />
<br />
==North America==<br />
<br />
EDF inc owns almost 2 GW of nuclear in the United States through a 49.99% stake in Consteallation Energy Nuclear Group ([http://www.cengllc.com/about-at-a-glance/ CENG]). <br />
<br />
===Sales Contributions===<br />
<br />
France - 30,126 million euros<br />
<br />
UK [EDF Energy] - 6,674 million euros<br />
<br />
UK [EDF Trading] - 441 million euros<br />
<br />
Germany - 5,005 million euros<br />
<br />
Italy [Edison] - 1,010 million euros<br />
<br />
Italy [Fenice] - 480 million euros<br />
<br />
==EDF Worldwide==<br />
<br />
EDF has been divesting itself of investments in Latin America after some spectacular losses in 2004. EDF has also been active in Asia where is has worked on, amongst other things, nuclear construction projects. The Company says more than half of the electricity generating plants built worldwide between now and 2020 will be in Asia. The Group has been active in China for more than 20 years, participating in the construction and operation of the Daya Bay and Ling Ao nuclear plants. EDF is the largest foreign investor in China’s electricity sector.<br />
<br />
EDF International North America Inc. is a member of the [[NuStart Consortium]].<ref>[http://ina.edf.com/115150i/EDF-INA/EDF-in-North-America/activities.html EDF International North America Inc. website], accessed December, 2006.<br />
</ref><br />
<br />
==References==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Group&diff=174601EDF Group2012-08-22T13:48:30Z<p>Peter Roche: /* Hungary & Central Europe */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==World's Largest Nuclear Operator==<br />
<br />
The EDF Group consists of over 70 affiliates and investments in addition to the parent company. It has investments in 22 countries and offers services and consulting in 35 countries. Until August 2004, EDF (Electricite de France) was wholly owned by the French State. EDF is now a limited company, allowed to sell shares in up to 30% of the company. Its shares have been listed on the Paris stock-market since November 2005. <ref>[http://actionnaires.edf.com/75124i/Home-com/Shareholders/Group/Legal-status.html EDF SA Shareholders Information website] (accessed November, 2006).</ref> <br />
<br />
On December 31st 2011 15.5% of EDF’s shares were owned by investors, of which 1.84% were employees. 84.5% remained with the French State. <ref>[http://shareholders-and-investors.edf.com/edf-share/shareholding-structure-42691.html Shareholding Structure]EDF Group website, accessed August 2012.</ref> A major focus for the group, currently, is the opening up of the French energy market in July 2007. <ref>[http://www.edf.com/95038i/Accueilfr/EDFpresentationoftheGroup.html ''Presentation of the Group'',] EDF Group website (accessed November, 2006).</ref> As well as France, EDF has a major presence in the UK ([[EDF Energy]]), Germany and Italy. The Group has Europe’s largest electricity generation capacity, and the world’s largest nuclear capacity.<br />
<br />
Globally, EDF has 37.7 million customers, with 36 million of those in Europe and 26 million in France. It has 134.6 GW of capacity of which 99.3 is in France or overseas colonies and 13 in the UK. 74.8 GW was nuclear capacity providing almost 80% of EDF’s global output of electricity in 2011. <br />
<br />
EDF owns and operates 78 nuclear reactors - 58 in France (providing 77.7% of France’s electricity), 15 in the UK and 5 in the US. France is the second largest electronuclear power generator in the world behind the United States. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
==A Second White Elephant for Europe?==<br />
<br />
The Olkiluoto-3 reactor, currently under construction in Finland, is the first new reactor to be built in Europe since the Chernobyl disaster 20 years ago. <ref>Luke Harding, [http://www.guardian.co.uk/climatechange/story/0,,1753905,00.html “Caught Between Global Warming and an Energy Crisis, Blair looks North for Answers”,] ''The Guardian'', 14 April, 2006.</ref> It will be the world’s first European Pressurised Water Reactor (EPR) reactor – being built by a consortium of[[Areva]] and [[Siemens]]. The project is about five years behind schedule. <ref>Stellfox, D. [http://www.i-nuclear.com/2012/07/05/areva-siemens-win-e125-million-from-tvo-over-ol3-but-e2-billion-is-in-dispute/ ''Areva-Siemens win €125 million from TVO over OL3, but €2 billion is in dispute''], i-Nuclear 5th July 2012, accessed August 2012.</ref> <br />
<br />
Yet EDF is building a second EPR at Flamanville in Normandy – the third reactor on the site. EDF says completion of the EPR project is a key step in the process of renewing France’s nuclear generation capacity. Flamanville was supposed to be up and running by 2012, with construction costs of €3.3bn, but the plant is now not expected to open until 2016 and cost €6bn.<ref> Macilister, T. [http://www.guardian.co.uk/business/2011/jul/20/edf-french-nuclear-reactor-delays ''EDF admits French nuclear reactor delayed but says UK projects on target''], Guardian 20th July 2011, accessed August 2012. </ref>.<br />
<br />
The EPR design is a development of existing reactor designs. Reminiscent of the 1978 decision by the UK’s Labour Government to go-ahead with the Torness nuclear station in East Scotland (“A £2500 million mistake” <ref>Alf Young, “Torness plant was 'a £2500m mistake’”, ''Glasgow Herald'', 10 November, 1989.</ref> to keep the AGR reactor design option open, Flamanville is being built, not because the electricity is required, but as a “showcase for the industrial know-how of EDF and its European partners”. <ref>[http://www.edf.fr/72153d/Home-fr/Press/Special-features/Nuclear-Energy-and-the-EPR-Project-European-Pressurized-Water-Reactor-at-Flamanville-3 ''"Nuclear Energy and the EPR Project at Flamanville-3"'',] EDF Press Kit, October, 2006.</ref><br />
<br />
The French anti-nuclear group, Sortir du Nucleaire (SN),<ref>[http://www.sortirdunucleaire.org/index.php?menu=english&page=index Sortir du Nucleaire website]</ref> argues that the building permit awarded for Flamanville was wrongly granted. "EPR will just be used as a shop window to sell reactors to China," it argues. "We don't need to build any more reactors as those we have can be used until 2025." <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1855396,00.html “Sell-off of Nuclear Plants Faces Delay”,] ''The Guardian'', 22 August, 2006.</ref> In fact EDF set up a joint venture company with China Guangdong Nuclear Power Corp [[CGNPC]] to build two EPRs at Taishan in China with construction starting in 2009. <ref>Greenpeace, [http://www.greenpeace.org/international/Global/international/publications/nuclear/2012/EPR/399%20-%20EPR%20reportDEF-LR.pdf The EPR Nuclear Reactor], Greenpeace January 2012, accessed August 2012.</ref><br />
<br />
==Lack of Decommissioning Funds.==<br />
<br />
France's Court of Accounts, which oversees the finances of public bodies and state-owned enterprises, said in a controversial report published in January 2005, that debt-laden EDF had only what it termed an "embryo" of the money needed for decommissioning and waste management after the closure of its nuclear facilities. It’s heavy spending abroad on acquisitions in recent years has squandered finances. Basically EDF used its decommissioning funds to buy up companies abroad including large swaths of the British energy sector, and a stake in the Italian utility Edison. <ref>[http://www.ccomptes.fr/Cour-des-comptes/publications/rapports/nucleaire/integral.pdf Le démantèlement des installations nucléaires et la gestion des déchets radioactifs,] Cour des Comptes, January, 2005.</ref><br />
<br />
The Court of Accounts said EDF's preparations for nuclear decommissioning raised concerns that decommissioning costs would fall on future consumers or the state. Having unnecessarily given large contracts to Areva over past years to reprocess its spent fuel, EDF has accumulated over 80 tons of plutonium, and vast quantities of nuclear waste at the reprocessing plant at La Hague. So it is now confronted with huge liabilities, but insufficient funds to cover them. <br />
<br />
==Energy Imperialism?==<br />
<br />
===Italy & Germany===<br />
<br />
EDF owns 50% of Edison, Italy's second largest utility, which has an installed capacity of 11.5GW and around 11.5% of the Italian electricity market and 19.6% of the gas market. EDF also owns 100% of a smaller Italian utility , Fenice, which has an installed capacity of 0.5GW. EDF sold its share of the German utility EnBW in 2010. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
===Central and Eastern Europe===<br />
<br />
EDF Group has four subsidiaries in Poland, which together have a capacity of about 3140 Mwe of electricity and 4,000 MWth of heat. In November 2006, EDF purchased the remaining shares in the Hungarian company, Demasz, having owned only 60.95% of shares in 2005. Demasz is an electricity distribution and supply company. <ref>[http://www.edf.com/fichiers/fckeditor/File/press/cp_2006/cp_20061115_va.pdf"'' EDF successfully completes public purchase offer for Demasz''",] EDF Press Release, 15 November, 2006.</ref> EDF 2005 Annual Report also reports that EDF owns 95.57% of the Hungarian generation company BERt which has an installed capacity of 392Mwe. EDF also owns 49% of the Slovak electricity sales and distribution company, SSE, which has around 30% of the Slovak market.<br />
<br />
===Sales Contributions===<br />
<br />
France - 30,126 million euros<br />
<br />
UK [EDF Energy] - 6,674 million euros<br />
<br />
UK [EDF Trading] - 441 million euros<br />
<br />
Germany - 5,005 million euros<br />
<br />
Italy [Edison] - 1,010 million euros<br />
<br />
Italy [Fenice] - 480 million euros<br />
<br />
==EDF Worldwide==<br />
<br />
EDF has been divesting itself of investments in Latin America after some spectacular losses in 2004. EDF has also been active in Asia where is has worked on, amongst other things, nuclear construction projects. The Company says more than half of the electricity generating plants built worldwide between now and 2020 will be in Asia. The Group has been active in China for more than 20 years, participating in the construction and operation of the Daya Bay and Ling Ao nuclear plants. EDF is the largest foreign investor in China’s electricity sector.<br />
<br />
EDF International North America Inc. is a member of the [[NuStart Consortium]].<ref>[http://ina.edf.com/115150i/EDF-INA/EDF-in-North-America/activities.html EDF International North America Inc. website], accessed December, 2006.<br />
</ref><br />
<br />
==References==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Group&diff=174598EDF Group2012-08-22T13:39:57Z<p>Peter Roche: /* Italy & Germany */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==World's Largest Nuclear Operator==<br />
<br />
The EDF Group consists of over 70 affiliates and investments in addition to the parent company. It has investments in 22 countries and offers services and consulting in 35 countries. Until August 2004, EDF (Electricite de France) was wholly owned by the French State. EDF is now a limited company, allowed to sell shares in up to 30% of the company. Its shares have been listed on the Paris stock-market since November 2005. <ref>[http://actionnaires.edf.com/75124i/Home-com/Shareholders/Group/Legal-status.html EDF SA Shareholders Information website] (accessed November, 2006).</ref> <br />
<br />
On December 31st 2011 15.5% of EDF’s shares were owned by investors, of which 1.84% were employees. 84.5% remained with the French State. <ref>[http://shareholders-and-investors.edf.com/edf-share/shareholding-structure-42691.html Shareholding Structure]EDF Group website, accessed August 2012.</ref> A major focus for the group, currently, is the opening up of the French energy market in July 2007. <ref>[http://www.edf.com/95038i/Accueilfr/EDFpresentationoftheGroup.html ''Presentation of the Group'',] EDF Group website (accessed November, 2006).</ref> As well as France, EDF has a major presence in the UK ([[EDF Energy]]), Germany and Italy. The Group has Europe’s largest electricity generation capacity, and the world’s largest nuclear capacity.<br />
<br />
Globally, EDF has 37.7 million customers, with 36 million of those in Europe and 26 million in France. It has 134.6 GW of capacity of which 99.3 is in France or overseas colonies and 13 in the UK. 74.8 GW was nuclear capacity providing almost 80% of EDF’s global output of electricity in 2011. <br />
<br />
EDF owns and operates 78 nuclear reactors - 58 in France (providing 77.7% of France’s electricity), 15 in the UK and 5 in the US. France is the second largest electronuclear power generator in the world behind the United States. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
==A Second White Elephant for Europe?==<br />
<br />
The Olkiluoto-3 reactor, currently under construction in Finland, is the first new reactor to be built in Europe since the Chernobyl disaster 20 years ago. <ref>Luke Harding, [http://www.guardian.co.uk/climatechange/story/0,,1753905,00.html “Caught Between Global Warming and an Energy Crisis, Blair looks North for Answers”,] ''The Guardian'', 14 April, 2006.</ref> It will be the world’s first European Pressurised Water Reactor (EPR) reactor – being built by a consortium of[[Areva]] and [[Siemens]]. The project is about five years behind schedule. <ref>Stellfox, D. [http://www.i-nuclear.com/2012/07/05/areva-siemens-win-e125-million-from-tvo-over-ol3-but-e2-billion-is-in-dispute/ ''Areva-Siemens win €125 million from TVO over OL3, but €2 billion is in dispute''], i-Nuclear 5th July 2012, accessed August 2012.</ref> <br />
<br />
Yet EDF is building a second EPR at Flamanville in Normandy – the third reactor on the site. EDF says completion of the EPR project is a key step in the process of renewing France’s nuclear generation capacity. Flamanville was supposed to be up and running by 2012, with construction costs of €3.3bn, but the plant is now not expected to open until 2016 and cost €6bn.<ref> Macilister, T. [http://www.guardian.co.uk/business/2011/jul/20/edf-french-nuclear-reactor-delays ''EDF admits French nuclear reactor delayed but says UK projects on target''], Guardian 20th July 2011, accessed August 2012. </ref>.<br />
<br />
The EPR design is a development of existing reactor designs. Reminiscent of the 1978 decision by the UK’s Labour Government to go-ahead with the Torness nuclear station in East Scotland (“A £2500 million mistake” <ref>Alf Young, “Torness plant was 'a £2500m mistake’”, ''Glasgow Herald'', 10 November, 1989.</ref> to keep the AGR reactor design option open, Flamanville is being built, not because the electricity is required, but as a “showcase for the industrial know-how of EDF and its European partners”. <ref>[http://www.edf.fr/72153d/Home-fr/Press/Special-features/Nuclear-Energy-and-the-EPR-Project-European-Pressurized-Water-Reactor-at-Flamanville-3 ''"Nuclear Energy and the EPR Project at Flamanville-3"'',] EDF Press Kit, October, 2006.</ref><br />
<br />
The French anti-nuclear group, Sortir du Nucleaire (SN),<ref>[http://www.sortirdunucleaire.org/index.php?menu=english&page=index Sortir du Nucleaire website]</ref> argues that the building permit awarded for Flamanville was wrongly granted. "EPR will just be used as a shop window to sell reactors to China," it argues. "We don't need to build any more reactors as those we have can be used until 2025." <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1855396,00.html “Sell-off of Nuclear Plants Faces Delay”,] ''The Guardian'', 22 August, 2006.</ref> In fact EDF set up a joint venture company with China Guangdong Nuclear Power Corp [[CGNPC]] to build two EPRs at Taishan in China with construction starting in 2009. <ref>Greenpeace, [http://www.greenpeace.org/international/Global/international/publications/nuclear/2012/EPR/399%20-%20EPR%20reportDEF-LR.pdf The EPR Nuclear Reactor], Greenpeace January 2012, accessed August 2012.</ref><br />
<br />
==Lack of Decommissioning Funds.==<br />
<br />
France's Court of Accounts, which oversees the finances of public bodies and state-owned enterprises, said in a controversial report published in January 2005, that debt-laden EDF had only what it termed an "embryo" of the money needed for decommissioning and waste management after the closure of its nuclear facilities. It’s heavy spending abroad on acquisitions in recent years has squandered finances. Basically EDF used its decommissioning funds to buy up companies abroad including large swaths of the British energy sector, and a stake in the Italian utility Edison. <ref>[http://www.ccomptes.fr/Cour-des-comptes/publications/rapports/nucleaire/integral.pdf Le démantèlement des installations nucléaires et la gestion des déchets radioactifs,] Cour des Comptes, January, 2005.</ref><br />
<br />
The Court of Accounts said EDF's preparations for nuclear decommissioning raised concerns that decommissioning costs would fall on future consumers or the state. Having unnecessarily given large contracts to Areva over past years to reprocess its spent fuel, EDF has accumulated over 80 tons of plutonium, and vast quantities of nuclear waste at the reprocessing plant at La Hague. So it is now confronted with huge liabilities, but insufficient funds to cover them. <br />
<br />
==Energy Imperialism?==<br />
<br />
===Italy & Germany===<br />
<br />
EDF owns 50% of Edison, Italy's second largest utility, which has an installed capacity of 11.5GW and around 11.5% of the Italian electricity market and 19.6% of the gas market. EDF also owns 100% of a smaller Italian utility , Fenice, which has an installed capacity of 0.5GW. EDF sold its share of the German utility EnBW in 2010. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
===Hungary & Central Europe===<br />
<br />
In November 2006, EDF purchased the remaining shares in the Hungarian company, Demasz, having owned only 60.95% of shares in 2005. Demasz is an electricity distribution and supply company. <ref>[http://www.edf.com/fichiers/fckeditor/File/press/cp_2006/cp_20061115_va.pdf"'' EDF successfully completes public purchase offer for Demasz''",] EDF Press Release, 15 November, 2006.</ref> EDF 2005 Annual Report also reports that EDF owns 95.57% of the Hungarian generation company BERt which has an installed capacity of 392Mwe. EDF also owns 49% of the Slovak electricity sales and distribution company, SSE, which has around 30% of the Slovak market.<br />
<br />
===Sales Contributions===<br />
<br />
France - 30,126 million euros<br />
<br />
UK [EDF Energy] - 6,674 million euros<br />
<br />
UK [EDF Trading] - 441 million euros<br />
<br />
Germany - 5,005 million euros<br />
<br />
Italy [Edison] - 1,010 million euros<br />
<br />
Italy [Fenice] - 480 million euros<br />
<br />
==EDF Worldwide==<br />
<br />
EDF has been divesting itself of investments in Latin America after some spectacular losses in 2004. EDF has also been active in Asia where is has worked on, amongst other things, nuclear construction projects. The Company says more than half of the electricity generating plants built worldwide between now and 2020 will be in Asia. The Group has been active in China for more than 20 years, participating in the construction and operation of the Daya Bay and Ling Ao nuclear plants. EDF is the largest foreign investor in China’s electricity sector.<br />
<br />
EDF International North America Inc. is a member of the [[NuStart Consortium]].<ref>[http://ina.edf.com/115150i/EDF-INA/EDF-in-North-America/activities.html EDF International North America Inc. website], accessed December, 2006.<br />
</ref><br />
<br />
==References==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Group&diff=174596EDF Group2012-08-22T13:38:46Z<p>Peter Roche: /* Italy & Germany */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==World's Largest Nuclear Operator==<br />
<br />
The EDF Group consists of over 70 affiliates and investments in addition to the parent company. It has investments in 22 countries and offers services and consulting in 35 countries. Until August 2004, EDF (Electricite de France) was wholly owned by the French State. EDF is now a limited company, allowed to sell shares in up to 30% of the company. Its shares have been listed on the Paris stock-market since November 2005. <ref>[http://actionnaires.edf.com/75124i/Home-com/Shareholders/Group/Legal-status.html EDF SA Shareholders Information website] (accessed November, 2006).</ref> <br />
<br />
On December 31st 2011 15.5% of EDF’s shares were owned by investors, of which 1.84% were employees. 84.5% remained with the French State. <ref>[http://shareholders-and-investors.edf.com/edf-share/shareholding-structure-42691.html Shareholding Structure]EDF Group website, accessed August 2012.</ref> A major focus for the group, currently, is the opening up of the French energy market in July 2007. <ref>[http://www.edf.com/95038i/Accueilfr/EDFpresentationoftheGroup.html ''Presentation of the Group'',] EDF Group website (accessed November, 2006).</ref> As well as France, EDF has a major presence in the UK ([[EDF Energy]]), Germany and Italy. The Group has Europe’s largest electricity generation capacity, and the world’s largest nuclear capacity.<br />
<br />
Globally, EDF has 37.7 million customers, with 36 million of those in Europe and 26 million in France. It has 134.6 GW of capacity of which 99.3 is in France or overseas colonies and 13 in the UK. 74.8 GW was nuclear capacity providing almost 80% of EDF’s global output of electricity in 2011. <br />
<br />
EDF owns and operates 78 nuclear reactors - 58 in France (providing 77.7% of France’s electricity), 15 in the UK and 5 in the US. France is the second largest electronuclear power generator in the world behind the United States. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
==A Second White Elephant for Europe?==<br />
<br />
The Olkiluoto-3 reactor, currently under construction in Finland, is the first new reactor to be built in Europe since the Chernobyl disaster 20 years ago. <ref>Luke Harding, [http://www.guardian.co.uk/climatechange/story/0,,1753905,00.html “Caught Between Global Warming and an Energy Crisis, Blair looks North for Answers”,] ''The Guardian'', 14 April, 2006.</ref> It will be the world’s first European Pressurised Water Reactor (EPR) reactor – being built by a consortium of[[Areva]] and [[Siemens]]. The project is about five years behind schedule. <ref>Stellfox, D. [http://www.i-nuclear.com/2012/07/05/areva-siemens-win-e125-million-from-tvo-over-ol3-but-e2-billion-is-in-dispute/ ''Areva-Siemens win €125 million from TVO over OL3, but €2 billion is in dispute''], i-Nuclear 5th July 2012, accessed August 2012.</ref> <br />
<br />
Yet EDF is building a second EPR at Flamanville in Normandy – the third reactor on the site. EDF says completion of the EPR project is a key step in the process of renewing France’s nuclear generation capacity. Flamanville was supposed to be up and running by 2012, with construction costs of €3.3bn, but the plant is now not expected to open until 2016 and cost €6bn.<ref> Macilister, T. [http://www.guardian.co.uk/business/2011/jul/20/edf-french-nuclear-reactor-delays ''EDF admits French nuclear reactor delayed but says UK projects on target''], Guardian 20th July 2011, accessed August 2012. </ref>.<br />
<br />
The EPR design is a development of existing reactor designs. Reminiscent of the 1978 decision by the UK’s Labour Government to go-ahead with the Torness nuclear station in East Scotland (“A £2500 million mistake” <ref>Alf Young, “Torness plant was 'a £2500m mistake’”, ''Glasgow Herald'', 10 November, 1989.</ref> to keep the AGR reactor design option open, Flamanville is being built, not because the electricity is required, but as a “showcase for the industrial know-how of EDF and its European partners”. <ref>[http://www.edf.fr/72153d/Home-fr/Press/Special-features/Nuclear-Energy-and-the-EPR-Project-European-Pressurized-Water-Reactor-at-Flamanville-3 ''"Nuclear Energy and the EPR Project at Flamanville-3"'',] EDF Press Kit, October, 2006.</ref><br />
<br />
The French anti-nuclear group, Sortir du Nucleaire (SN),<ref>[http://www.sortirdunucleaire.org/index.php?menu=english&page=index Sortir du Nucleaire website]</ref> argues that the building permit awarded for Flamanville was wrongly granted. "EPR will just be used as a shop window to sell reactors to China," it argues. "We don't need to build any more reactors as those we have can be used until 2025." <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1855396,00.html “Sell-off of Nuclear Plants Faces Delay”,] ''The Guardian'', 22 August, 2006.</ref> In fact EDF set up a joint venture company with China Guangdong Nuclear Power Corp [[CGNPC]] to build two EPRs at Taishan in China with construction starting in 2009. <ref>Greenpeace, [http://www.greenpeace.org/international/Global/international/publications/nuclear/2012/EPR/399%20-%20EPR%20reportDEF-LR.pdf The EPR Nuclear Reactor], Greenpeace January 2012, accessed August 2012.</ref><br />
<br />
==Lack of Decommissioning Funds.==<br />
<br />
France's Court of Accounts, which oversees the finances of public bodies and state-owned enterprises, said in a controversial report published in January 2005, that debt-laden EDF had only what it termed an "embryo" of the money needed for decommissioning and waste management after the closure of its nuclear facilities. It’s heavy spending abroad on acquisitions in recent years has squandered finances. Basically EDF used its decommissioning funds to buy up companies abroad including large swaths of the British energy sector, and a stake in the Italian utility Edison. <ref>[http://www.ccomptes.fr/Cour-des-comptes/publications/rapports/nucleaire/integral.pdf Le démantèlement des installations nucléaires et la gestion des déchets radioactifs,] Cour des Comptes, January, 2005.</ref><br />
<br />
The Court of Accounts said EDF's preparations for nuclear decommissioning raised concerns that decommissioning costs would fall on future consumers or the state. Having unnecessarily given large contracts to Areva over past years to reprocess its spent fuel, EDF has accumulated over 80 tons of plutonium, and vast quantities of nuclear waste at the reprocessing plant at La Hague. So it is now confronted with huge liabilities, but insufficient funds to cover them. <br />
<br />
==Energy Imperialism?==<br />
<br />
===Italy & Germany===<br />
<br />
EDF owns 50% of Edison, Italy's second largest utility, which has an installed capacity of 11.5GW and around 11.5% of the Italian electricity market and 19.6% of the gas market. EDF also owns 100% of a smaller Italian utility , Fenice, which has an installed capacity of 0.5GW. EDF sold its share of the German utility EnBW in 2010. <ref>[http://www.edf.fr/html/ra_2005/uk/pdf/ra2005_full_va.pdf EDF Annual Report 2005].</ref><br />
<br />
===Hungary & Central Europe===<br />
<br />
In November 2006, EDF purchased the remaining shares in the Hungarian company, Demasz, having owned only 60.95% of shares in 2005. Demasz is an electricity distribution and supply company. <ref>[http://www.edf.com/fichiers/fckeditor/File/press/cp_2006/cp_20061115_va.pdf"'' EDF successfully completes public purchase offer for Demasz''",] EDF Press Release, 15 November, 2006.</ref> EDF 2005 Annual Report also reports that EDF owns 95.57% of the Hungarian generation company BERt which has an installed capacity of 392Mwe. EDF also owns 49% of the Slovak electricity sales and distribution company, SSE, which has around 30% of the Slovak market.<br />
<br />
===Sales Contributions===<br />
<br />
France - 30,126 million euros<br />
<br />
UK [EDF Energy] - 6,674 million euros<br />
<br />
UK [EDF Trading] - 441 million euros<br />
<br />
Germany - 5,005 million euros<br />
<br />
Italy [Edison] - 1,010 million euros<br />
<br />
Italy [Fenice] - 480 million euros<br />
<br />
==EDF Worldwide==<br />
<br />
EDF has been divesting itself of investments in Latin America after some spectacular losses in 2004. EDF has also been active in Asia where is has worked on, amongst other things, nuclear construction projects. The Company says more than half of the electricity generating plants built worldwide between now and 2020 will be in Asia. The Group has been active in China for more than 20 years, participating in the construction and operation of the Daya Bay and Ling Ao nuclear plants. EDF is the largest foreign investor in China’s electricity sector.<br />
<br />
EDF International North America Inc. is a member of the [[NuStart Consortium]].<ref>[http://ina.edf.com/115150i/EDF-INA/EDF-in-North-America/activities.html EDF International North America Inc. website], accessed December, 2006.<br />
</ref><br />
<br />
==References==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Group&diff=174586EDF Group2012-08-22T12:28:28Z<p>Peter Roche: /* A Second White Elephant for Europe? */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==World's Largest Nuclear Operator==<br />
<br />
The EDF Group consists of over 70 affiliates and investments in addition to the parent company. It has investments in 22 countries and offers services and consulting in 35 countries. Until August 2004, EDF (Electricite de France) was wholly owned by the French State. EDF is now a limited company, allowed to sell shares in up to 30% of the company. Its shares have been listed on the Paris stock-market since November 2005. <ref>[http://actionnaires.edf.com/75124i/Home-com/Shareholders/Group/Legal-status.html EDF SA Shareholders Information website] (accessed November, 2006).</ref> <br />
<br />
On December 31st 2011 15.5% of EDF’s shares were owned by investors, of which 1.84% were employees. 84.5% remained with the French State. <ref>[http://shareholders-and-investors.edf.com/edf-share/shareholding-structure-42691.html Shareholding Structure]EDF Group website, accessed August 2012.</ref> A major focus for the group, currently, is the opening up of the French energy market in July 2007. <ref>[http://www.edf.com/95038i/Accueilfr/EDFpresentationoftheGroup.html ''Presentation of the Group'',] EDF Group website (accessed November, 2006).</ref> As well as France, EDF has a major presence in the UK ([[EDF Energy]]), Germany and Italy. The Group has Europe’s largest electricity generation capacity, and the world’s largest nuclear capacity.<br />
<br />
Globally, EDF has 37.7 million customers, with 36 million of those in Europe and 26 million in France. It has 134.6 GW of capacity of which 99.3 is in France or overseas colonies and 13 in the UK. 74.8 GW was nuclear capacity providing almost 80% of EDF’s global output of electricity in 2011. <br />
<br />
EDF owns and operates 78 nuclear reactors - 58 in France (providing 77.7% of France’s electricity), 15 in the UK and 5 in the US. France is the second largest electronuclear power generator in the world behind the United States. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
==A Second White Elephant for Europe?==<br />
<br />
The Olkiluoto-3 reactor, currently under construction in Finland, is the first new reactor to be built in Europe since the Chernobyl disaster 20 years ago. <ref>Luke Harding, [http://www.guardian.co.uk/climatechange/story/0,,1753905,00.html “Caught Between Global Warming and an Energy Crisis, Blair looks North for Answers”,] ''The Guardian'', 14 April, 2006.</ref> It will be the world’s first European Pressurised Water Reactor (EPR) reactor – being built by a consortium of[[Areva]] and [[Siemens]]. The project is about five years behind schedule. <ref>Stellfox, D. [http://www.i-nuclear.com/2012/07/05/areva-siemens-win-e125-million-from-tvo-over-ol3-but-e2-billion-is-in-dispute/ ''Areva-Siemens win €125 million from TVO over OL3, but €2 billion is in dispute''], i-Nuclear 5th July 2012, accessed August 2012.</ref> <br />
<br />
Yet EDF is building a second EPR at Flamanville in Normandy – the third reactor on the site. EDF says completion of the EPR project is a key step in the process of renewing France’s nuclear generation capacity. Flamanville was supposed to be up and running by 2012, with construction costs of €3.3bn, but the plant is now not expected to open until 2016 and cost €6bn.<ref> Macilister, T. [http://www.guardian.co.uk/business/2011/jul/20/edf-french-nuclear-reactor-delays ''EDF admits French nuclear reactor delayed but says UK projects on target''], Guardian 20th July 2011, accessed August 2012. </ref>.<br />
<br />
The EPR design is a development of existing reactor designs. Reminiscent of the 1978 decision by the UK’s Labour Government to go-ahead with the Torness nuclear station in East Scotland (“A £2500 million mistake” <ref>Alf Young, “Torness plant was 'a £2500m mistake’”, ''Glasgow Herald'', 10 November, 1989.</ref> to keep the AGR reactor design option open, Flamanville is being built, not because the electricity is required, but as a “showcase for the industrial know-how of EDF and its European partners”. <ref>[http://www.edf.fr/72153d/Home-fr/Press/Special-features/Nuclear-Energy-and-the-EPR-Project-European-Pressurized-Water-Reactor-at-Flamanville-3 ''"Nuclear Energy and the EPR Project at Flamanville-3"'',] EDF Press Kit, October, 2006.</ref><br />
<br />
The French anti-nuclear group, Sortir du Nucleaire (SN),<ref>[http://www.sortirdunucleaire.org/index.php?menu=english&page=index Sortir du Nucleaire website]</ref> argues that the building permit awarded for Flamanville was wrongly granted. "EPR will just be used as a shop window to sell reactors to China," it argues. "We don't need to build any more reactors as those we have can be used until 2025." <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1855396,00.html “Sell-off of Nuclear Plants Faces Delay”,] ''The Guardian'', 22 August, 2006.</ref> In fact EDF set up a joint venture company with China Guangdong Nuclear Power Corp [[CGNPC]] to build two EPRs at Taishan in China with construction starting in 2009. <ref>Greenpeace, [http://www.greenpeace.org/international/Global/international/publications/nuclear/2012/EPR/399%20-%20EPR%20reportDEF-LR.pdf The EPR Nuclear Reactor], Greenpeace January 2012, accessed August 2012.</ref><br />
<br />
==Lack of Decommissioning Funds.==<br />
<br />
France's Court of Accounts, which oversees the finances of public bodies and state-owned enterprises, said in a controversial report published in January 2005, that debt-laden EDF had only what it termed an "embryo" of the money needed for decommissioning and waste management after the closure of its nuclear facilities. It’s heavy spending abroad on acquisitions in recent years has squandered finances. Basically EDF used its decommissioning funds to buy up companies abroad including large swaths of the British energy sector, and a stake in the Italian utility Edison. <ref>[http://www.ccomptes.fr/Cour-des-comptes/publications/rapports/nucleaire/integral.pdf Le démantèlement des installations nucléaires et la gestion des déchets radioactifs,] Cour des Comptes, January, 2005.</ref><br />
<br />
The Court of Accounts said EDF's preparations for nuclear decommissioning raised concerns that decommissioning costs would fall on future consumers or the state. Having unnecessarily given large contracts to Areva over past years to reprocess its spent fuel, EDF has accumulated over 80 tons of plutonium, and vast quantities of nuclear waste at the reprocessing plant at La Hague. So it is now confronted with huge liabilities, but insufficient funds to cover them. <br />
<br />
==Energy Imperialism?==<br />
<br />
===Italy & Germany===<br />
<br />
In Italy, EDF owns 51% of Edison, which has an installed capacity of 6.6GW and around 16% of the Italian market. In Germany, EDF owns around 45% of the German utility EnBW, which has an installed capacity of 14.02GW of which 4.843GW is nuclear (at the Philippsburg nuclear facility). EnBW has around 80% of the residential and business markets in Baden Wurtemberg. <ref>[http://www.edf.fr/html/ra_2005/uk/pdf/ra2005_full_va.pdf EDF Annual Report 2005].</ref><br />
<br />
===Hungary & Central Europe===<br />
<br />
In November 2006, EDF purchased the remaining shares in the Hungarian company, Demasz, having owned only 60.95% of shares in 2005. Demasz is an electricity distribution and supply company. <ref>[http://www.edf.com/fichiers/fckeditor/File/press/cp_2006/cp_20061115_va.pdf"'' EDF successfully completes public purchase offer for Demasz''",] EDF Press Release, 15 November, 2006.</ref> EDF 2005 Annual Report also reports that EDF owns 95.57% of the Hungarian generation company BERt which has an installed capacity of 392Mwe. EDF also owns 49% of the Slovak electricity sales and distribution company, SSE, which has around 30% of the Slovak market.<br />
<br />
===Sales Contributions===<br />
<br />
France - 30,126 million euros<br />
<br />
UK [EDF Energy] - 6,674 million euros<br />
<br />
UK [EDF Trading] - 441 million euros<br />
<br />
Germany - 5,005 million euros<br />
<br />
Italy [Edison] - 1,010 million euros<br />
<br />
Italy [Fenice] - 480 million euros<br />
<br />
==EDF Worldwide==<br />
<br />
EDF has been divesting itself of investments in Latin America after some spectacular losses in 2004. EDF has also been active in Asia where is has worked on, amongst other things, nuclear construction projects. The Company says more than half of the electricity generating plants built worldwide between now and 2020 will be in Asia. The Group has been active in China for more than 20 years, participating in the construction and operation of the Daya Bay and Ling Ao nuclear plants. EDF is the largest foreign investor in China’s electricity sector.<br />
<br />
EDF International North America Inc. is a member of the [[NuStart Consortium]].<ref>[http://ina.edf.com/115150i/EDF-INA/EDF-in-North-America/activities.html EDF International North America Inc. website], accessed December, 2006.<br />
</ref><br />
<br />
==References==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Group&diff=174585EDF Group2012-08-22T12:25:53Z<p>Peter Roche: /* A Second White Elephant for Europe? */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==World's Largest Nuclear Operator==<br />
<br />
The EDF Group consists of over 70 affiliates and investments in addition to the parent company. It has investments in 22 countries and offers services and consulting in 35 countries. Until August 2004, EDF (Electricite de France) was wholly owned by the French State. EDF is now a limited company, allowed to sell shares in up to 30% of the company. Its shares have been listed on the Paris stock-market since November 2005. <ref>[http://actionnaires.edf.com/75124i/Home-com/Shareholders/Group/Legal-status.html EDF SA Shareholders Information website] (accessed November, 2006).</ref> <br />
<br />
On December 31st 2011 15.5% of EDF’s shares were owned by investors, of which 1.84% were employees. 84.5% remained with the French State. <ref>[http://shareholders-and-investors.edf.com/edf-share/shareholding-structure-42691.html Shareholding Structure]EDF Group website, accessed August 2012.</ref> A major focus for the group, currently, is the opening up of the French energy market in July 2007. <ref>[http://www.edf.com/95038i/Accueilfr/EDFpresentationoftheGroup.html ''Presentation of the Group'',] EDF Group website (accessed November, 2006).</ref> As well as France, EDF has a major presence in the UK ([[EDF Energy]]), Germany and Italy. The Group has Europe’s largest electricity generation capacity, and the world’s largest nuclear capacity.<br />
<br />
Globally, EDF has 37.7 million customers, with 36 million of those in Europe and 26 million in France. It has 134.6 GW of capacity of which 99.3 is in France or overseas colonies and 13 in the UK. 74.8 GW was nuclear capacity providing almost 80% of EDF’s global output of electricity in 2011. <br />
<br />
EDF owns and operates 78 nuclear reactors - 58 in France (providing 77.7% of France’s electricity), 15 in the UK and 5 in the US. France is the second largest electronuclear power generator in the world behind the United States. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
==A Second White Elephant for Europe?==<br />
<br />
The Olkiluoto-3 reactor, currently under construction in Finland, is the first new reactor to be built in Europe since the Chernobyl disaster 20 years ago. <ref>Luke Harding, [http://www.guardian.co.uk/climatechange/story/0,,1753905,00.html “Caught Between Global Warming and an Energy Crisis, Blair looks North for Answers”,] ''The Guardian'', 14 April, 2006.</ref> It will be the world’s first European Pressurised Water Reactor (EPR) reactor – being built by a consortium of[[Areva]] and [[Siemens]]. The project is about five years behind schedule. <ref>Stellfox, D. [http://www.i-nuclear.com/2012/07/05/areva-siemens-win-e125-million-from-tvo-over-ol3-but-e2-billion-is-in-dispute/ ''Areva-Siemens win €125 million from TVO over OL3, but €2 billion is in dispute''], i-Nuclear 5th July 2012, accessed August 2012.</ref> <br />
<br />
Yet EDF is building a second EPR at Flamanville in Normandy – the third reactor on the site. EDF says completion of the EPR project is a key step in the process of renewing France’s nuclear generation capacity. Flamanville was supposed to be up and running by 2012, with construction costs of €3.3bn, but the plant is now not expected to open until 2016 and cost €6bn.<ref> Macilister, T. [http://www.guardian.co.uk/business/2011/jul/20/edf-french-nuclear-reactor-delays ''EDF admits French nuclear reactor delayed but says UK projects on target''], Guardian 20th July 2011, accessed August 2012. </ref>.<br />
<br />
The EPR design is a development of existing reactor designs. Reminiscent of the 1978 decision by the UK’s Labour Government to go-ahead with the Torness nuclear station in East Scotland (“A £2500 million mistake” <ref>Alf Young, “Torness plant was 'a £2500m mistake’”, ''Glasgow Herald'', 10 November, 1989.</ref> to keep the AGR reactor design option open, Flamanville is being built, not because the electricity is required, but as a “showcase for the industrial know-how of EDF and its European partners”. <ref>[http://www.edf.fr/72153d/Home-fr/Press/Special-features/Nuclear-Energy-and-the-EPR-Project-European-Pressurized-Water-Reactor-at-Flamanville-3 ''"Nuclear Energy and the EPR Project at Flamanville-3"'',] EDF Press Kit, October, 2006.</ref><br />
<br />
The French anti-nuclear group, Sortir du Nucleaire (SN),<ref>[http://www.sortirdunucleaire.org/index.php?menu=english&page=index Sortir du Nucleaire website]</ref> argues that the building permit awarded for Flamanville was wrongly granted. "EPR will just be used as a shop window to sell reactors to China," it argues. "We don't need to build any more reactors as those we have can be used until 2025." <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1855396,00.html “Sell-off of Nuclear Plants Faces Delay”,] ''The Guardian'', 22 August, 2006.</ref> In fact EDF set up a joint venture company with CGNPC to build two EPRs at Taishan in China with construction starting in 2009. <ref>Greenpeace, [http://www.greenpeace.org/international/Global/international/publications/nuclear/2012/EPR/399%20-%20EPR%20reportDEF-LR.pdf The EPR Nuclear Reactor], Greenpeace January 2012, accessed August 2012.</ref><br />
<br />
==Lack of Decommissioning Funds.==<br />
<br />
France's Court of Accounts, which oversees the finances of public bodies and state-owned enterprises, said in a controversial report published in January 2005, that debt-laden EDF had only what it termed an "embryo" of the money needed for decommissioning and waste management after the closure of its nuclear facilities. It’s heavy spending abroad on acquisitions in recent years has squandered finances. Basically EDF used its decommissioning funds to buy up companies abroad including large swaths of the British energy sector, and a stake in the Italian utility Edison. <ref>[http://www.ccomptes.fr/Cour-des-comptes/publications/rapports/nucleaire/integral.pdf Le démantèlement des installations nucléaires et la gestion des déchets radioactifs,] Cour des Comptes, January, 2005.</ref><br />
<br />
The Court of Accounts said EDF's preparations for nuclear decommissioning raised concerns that decommissioning costs would fall on future consumers or the state. Having unnecessarily given large contracts to Areva over past years to reprocess its spent fuel, EDF has accumulated over 80 tons of plutonium, and vast quantities of nuclear waste at the reprocessing plant at La Hague. So it is now confronted with huge liabilities, but insufficient funds to cover them. <br />
<br />
==Energy Imperialism?==<br />
<br />
===Italy & Germany===<br />
<br />
In Italy, EDF owns 51% of Edison, which has an installed capacity of 6.6GW and around 16% of the Italian market. In Germany, EDF owns around 45% of the German utility EnBW, which has an installed capacity of 14.02GW of which 4.843GW is nuclear (at the Philippsburg nuclear facility). EnBW has around 80% of the residential and business markets in Baden Wurtemberg. <ref>[http://www.edf.fr/html/ra_2005/uk/pdf/ra2005_full_va.pdf EDF Annual Report 2005].</ref><br />
<br />
===Hungary & Central Europe===<br />
<br />
In November 2006, EDF purchased the remaining shares in the Hungarian company, Demasz, having owned only 60.95% of shares in 2005. Demasz is an electricity distribution and supply company. <ref>[http://www.edf.com/fichiers/fckeditor/File/press/cp_2006/cp_20061115_va.pdf"'' EDF successfully completes public purchase offer for Demasz''",] EDF Press Release, 15 November, 2006.</ref> EDF 2005 Annual Report also reports that EDF owns 95.57% of the Hungarian generation company BERt which has an installed capacity of 392Mwe. EDF also owns 49% of the Slovak electricity sales and distribution company, SSE, which has around 30% of the Slovak market.<br />
<br />
===Sales Contributions===<br />
<br />
France - 30,126 million euros<br />
<br />
UK [EDF Energy] - 6,674 million euros<br />
<br />
UK [EDF Trading] - 441 million euros<br />
<br />
Germany - 5,005 million euros<br />
<br />
Italy [Edison] - 1,010 million euros<br />
<br />
Italy [Fenice] - 480 million euros<br />
<br />
==EDF Worldwide==<br />
<br />
EDF has been divesting itself of investments in Latin America after some spectacular losses in 2004. EDF has also been active in Asia where is has worked on, amongst other things, nuclear construction projects. The Company says more than half of the electricity generating plants built worldwide between now and 2020 will be in Asia. The Group has been active in China for more than 20 years, participating in the construction and operation of the Daya Bay and Ling Ao nuclear plants. EDF is the largest foreign investor in China’s electricity sector.<br />
<br />
EDF International North America Inc. is a member of the [[NuStart Consortium]].<ref>[http://ina.edf.com/115150i/EDF-INA/EDF-in-North-America/activities.html EDF International North America Inc. website], accessed December, 2006.<br />
</ref><br />
<br />
==References==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Group&diff=174578EDF Group2012-08-22T11:46:53Z<p>Peter Roche: /* A Second White Elephant for Europe? */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==World's Largest Nuclear Operator==<br />
<br />
The EDF Group consists of over 70 affiliates and investments in addition to the parent company. It has investments in 22 countries and offers services and consulting in 35 countries. Until August 2004, EDF (Electricite de France) was wholly owned by the French State. EDF is now a limited company, allowed to sell shares in up to 30% of the company. Its shares have been listed on the Paris stock-market since November 2005. <ref>[http://actionnaires.edf.com/75124i/Home-com/Shareholders/Group/Legal-status.html EDF SA Shareholders Information website] (accessed November, 2006).</ref> <br />
<br />
On December 31st 2011 15.5% of EDF’s shares were owned by investors, of which 1.84% were employees. 84.5% remained with the French State. <ref>[http://shareholders-and-investors.edf.com/edf-share/shareholding-structure-42691.html Shareholding Structure]EDF Group website, accessed August 2012.</ref> A major focus for the group, currently, is the opening up of the French energy market in July 2007. <ref>[http://www.edf.com/95038i/Accueilfr/EDFpresentationoftheGroup.html ''Presentation of the Group'',] EDF Group website (accessed November, 2006).</ref> As well as France, EDF has a major presence in the UK ([[EDF Energy]]), Germany and Italy. The Group has Europe’s largest electricity generation capacity, and the world’s largest nuclear capacity.<br />
<br />
Globally, EDF has 37.7 million customers, with 36 million of those in Europe and 26 million in France. It has 134.6 GW of capacity of which 99.3 is in France or overseas colonies and 13 in the UK. 74.8 GW was nuclear capacity providing almost 80% of EDF’s global output of electricity in 2011. <br />
<br />
EDF owns and operates 78 nuclear reactors - 58 in France (providing 77.7% of France’s electricity), 15 in the UK and 5 in the US. France is the second largest electronuclear power generator in the world behind the United States. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
==A Second White Elephant for Europe?==<br />
<br />
The Olkiluoto-3 reactor, currently under construction in Finland, is the first new reactor to be built in Europe since the Chernobyl disaster 20 years ago. <ref>Luke Harding, [http://www.guardian.co.uk/climatechange/story/0,,1753905,00.html “Caught Between Global Warming and an Energy Crisis, Blair looks North for Answers”,] ''The Guardian'', 14 April, 2006.</ref> It will be the world’s first European Pressurised Water Reactor (EPR) reactor – being built by a consortium of[[Areva]] and [[Siemens]]. The project is about five years behind schedule. <ref>Stellfox, D. [http://www.i-nuclear.com/2012/07/05/areva-siemens-win-e125-million-from-tvo-over-ol3-but-e2-billion-is-in-dispute/ ''Areva-Siemens win €125 million from TVO over OL3, but €2 billion is in dispute''], i-Nuclear 5th July 2012, accessed August 2012.</ref> <br />
<br />
Yet EDF is building a second EPR at Flamanville in Normandy – the third reactor on the site. EDF says completion of the EPR project is a key step in the process of renewing France’s nuclear generation capacity. Flamanville was supposed to be up and running by 2012, with construction costs of €3.3bn, but the plant is now not expected to open until 2016 and cost €6bn.<ref> Macilister, T. [http://www.guardian.co.uk/business/2011/jul/20/edf-french-nuclear-reactor-delays ''EDF admits French nuclear reactor delayed but says UK projects on target''], Guardian 20th July 2011, accessed August 2012. </ref>.<br />
<br />
The EPR design is a development of existing reactor designs. Reminiscent of the 1978 decision by the UK’s Labour Government to go-ahead with the Torness nuclear station in East Scotland (“A £2500 million mistake” <ref>Alf Young, “Torness plant was 'a £2500m mistake’”, ''Glasgow Herald'', 10 November, 1989.</ref> to keep the AGR reactor design option open, Flamanville is being built, not because the electricity is required, but as a “showcase for the industrial know-how of EDF and its European partners”. <ref>[http://www.edf.fr/72153d/Home-fr/Press/Special-features/Nuclear-Energy-and-the-EPR-Project-European-Pressurized-Water-Reactor-at-Flamanville-3 ''"Nuclear Energy and the EPR Project at Flamanville-3"'',] EDF Press Kit, October, 2006.</ref><br />
<br />
The French anti-nuclear group, Sortir du Nucleaire (SN),<ref>[http://www.sortirdunucleaire.org/index.php?menu=english&page=index Sortir du Nucleaire website]</ref> argues that the building permit awarded for Flamanville was wrongly granted. "EPR will just be used as a shop window to sell reactors to China," it argues. "We don't need to build any more reactors as those we have can be used until 2025." <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1855396,00.html “Sell-off of Nuclear Plants Faces Delay”,] ''The Guardian'', 22 August, 2006.</ref><br />
<br />
Six groups, including Greenpeace and SN, filed a legal challenge in the Caen Administrative Court on October 10, 2006, seeking suspension of construction and an end to site preparation work, because the construction project violates provisions of France's Seacoast Protection Act. Sortir du Nucleaire, Greenpeace and another anti-nuclear group, Crilan, have also filed separate challenges on the merits of EDF’s case. <ref>“Six Anti-EPR Groups will file a Challenge in Caen Administrative Court”, Platts Nuclear News Flashes, 9 October, 2006.</ref><br />
<br />
==Lack of Decommissioning Funds.==<br />
<br />
France's Court of Accounts, which oversees the finances of public bodies and state-owned enterprises, said in a controversial report published in January 2005, that debt-laden EDF had only what it termed an "embryo" of the money needed for decommissioning and waste management after the closure of its nuclear facilities. It’s heavy spending abroad on acquisitions in recent years has squandered finances. Basically EDF used its decommissioning funds to buy up companies abroad including large swaths of the British energy sector, and a stake in the Italian utility Edison. <ref>[http://www.ccomptes.fr/Cour-des-comptes/publications/rapports/nucleaire/integral.pdf Le démantèlement des installations nucléaires et la gestion des déchets radioactifs,] Cour des Comptes, January, 2005.</ref><br />
<br />
The Court of Accounts said EDF's preparations for nuclear decommissioning raised concerns that decommissioning costs would fall on future consumers or the state. Having unnecessarily given large contracts to Areva over past years to reprocess its spent fuel, EDF has accumulated over 80 tons of plutonium, and vast quantities of nuclear waste at the reprocessing plant at La Hague. So it is now confronted with huge liabilities, but insufficient funds to cover them. <br />
<br />
==Energy Imperialism?==<br />
<br />
===Italy & Germany===<br />
<br />
In Italy, EDF owns 51% of Edison, which has an installed capacity of 6.6GW and around 16% of the Italian market. In Germany, EDF owns around 45% of the German utility EnBW, which has an installed capacity of 14.02GW of which 4.843GW is nuclear (at the Philippsburg nuclear facility). EnBW has around 80% of the residential and business markets in Baden Wurtemberg. <ref>[http://www.edf.fr/html/ra_2005/uk/pdf/ra2005_full_va.pdf EDF Annual Report 2005].</ref><br />
<br />
===Hungary & Central Europe===<br />
<br />
In November 2006, EDF purchased the remaining shares in the Hungarian company, Demasz, having owned only 60.95% of shares in 2005. Demasz is an electricity distribution and supply company. <ref>[http://www.edf.com/fichiers/fckeditor/File/press/cp_2006/cp_20061115_va.pdf"'' EDF successfully completes public purchase offer for Demasz''",] EDF Press Release, 15 November, 2006.</ref> EDF 2005 Annual Report also reports that EDF owns 95.57% of the Hungarian generation company BERt which has an installed capacity of 392Mwe. EDF also owns 49% of the Slovak electricity sales and distribution company, SSE, which has around 30% of the Slovak market.<br />
<br />
===Sales Contributions===<br />
<br />
France - 30,126 million euros<br />
<br />
UK [EDF Energy] - 6,674 million euros<br />
<br />
UK [EDF Trading] - 441 million euros<br />
<br />
Germany - 5,005 million euros<br />
<br />
Italy [Edison] - 1,010 million euros<br />
<br />
Italy [Fenice] - 480 million euros<br />
<br />
==EDF Worldwide==<br />
<br />
EDF has been divesting itself of investments in Latin America after some spectacular losses in 2004. EDF has also been active in Asia where is has worked on, amongst other things, nuclear construction projects. The Company says more than half of the electricity generating plants built worldwide between now and 2020 will be in Asia. The Group has been active in China for more than 20 years, participating in the construction and operation of the Daya Bay and Ling Ao nuclear plants. EDF is the largest foreign investor in China’s electricity sector.<br />
<br />
EDF International North America Inc. is a member of the [[NuStart Consortium]].<ref>[http://ina.edf.com/115150i/EDF-INA/EDF-in-North-America/activities.html EDF International North America Inc. website], accessed December, 2006.<br />
</ref><br />
<br />
==References==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Rochehttps://powerbase.info/index.php?title=EDF_Group&diff=174577EDF Group2012-08-22T11:45:32Z<p>Peter Roche: /* A Second White Elephant for Europe? */</p>
<hr />
<div>{{Template:NuclearSpin}}<br />
==World's Largest Nuclear Operator==<br />
<br />
The EDF Group consists of over 70 affiliates and investments in addition to the parent company. It has investments in 22 countries and offers services and consulting in 35 countries. Until August 2004, EDF (Electricite de France) was wholly owned by the French State. EDF is now a limited company, allowed to sell shares in up to 30% of the company. Its shares have been listed on the Paris stock-market since November 2005. <ref>[http://actionnaires.edf.com/75124i/Home-com/Shareholders/Group/Legal-status.html EDF SA Shareholders Information website] (accessed November, 2006).</ref> <br />
<br />
On December 31st 2011 15.5% of EDF’s shares were owned by investors, of which 1.84% were employees. 84.5% remained with the French State. <ref>[http://shareholders-and-investors.edf.com/edf-share/shareholding-structure-42691.html Shareholding Structure]EDF Group website, accessed August 2012.</ref> A major focus for the group, currently, is the opening up of the French energy market in July 2007. <ref>[http://www.edf.com/95038i/Accueilfr/EDFpresentationoftheGroup.html ''Presentation of the Group'',] EDF Group website (accessed November, 2006).</ref> As well as France, EDF has a major presence in the UK ([[EDF Energy]]), Germany and Italy. The Group has Europe’s largest electricity generation capacity, and the world’s largest nuclear capacity.<br />
<br />
Globally, EDF has 37.7 million customers, with 36 million of those in Europe and 26 million in France. It has 134.6 GW of capacity of which 99.3 is in France or overseas colonies and 13 in the UK. 74.8 GW was nuclear capacity providing almost 80% of EDF’s global output of electricity in 2011. <br />
<br />
EDF owns and operates 78 nuclear reactors - 58 in France (providing 77.7% of France’s electricity), 15 in the UK and 5 in the US. France is the second largest electronuclear power generator in the world behind the United States. <ref>[http://shareholders-and-investors.edf.com/fichiers/fckeditor/Commun/Finance/Publications/Annee/2012/EDF2011_Fact-Figures_20120718_va.pdf Year 2011 Facts and Figures] EDF 2012, accessed August 2012.</ref><br />
<br />
==A Second White Elephant for Europe?==<br />
<br />
The Olkiluoto-3 reactor, currently under construction in Finland, is the first new reactor to be built in Europe since the Chernobyl disaster 20 years ago. <ref>Luke Harding, [http://www.guardian.co.uk/climatechange/story/0,,1753905,00.html “Caught Between Global Warming and an Energy Crisis, Blair looks North for Answers”,] ''The Guardian'', 14 April, 2006.</ref> It will be the world’s first European Pressurised Water Reactor (EPR) reactor – being built by a consortium of[[Areva]] and [[Siemens]]. The project is about five years behind schedule. <ref>Stellfox, D. [http://www.i-nuclear.com/2012/07/05/areva-siemens-win-e125-million-from-tvo-over-ol3-but-e2-billion-is-in-dispute/ ''Areva-Siemens win €125 million from TVO over OL3, but €2 billion is in dispute''], i-Nuclear 5th July 2012, accessed August 2012.</ref> <br />
<br />
Yet EDF is building a second EPR at Flamanville in Normandy – the third reactor on the site. EDF says completion of the EPR project is a key step in the process of renewing France’s nuclear generation capacity. Flamanville was supposed to be up and running by 2012, with construction costs of €3.3bn, but the plant is now not expected to open until 2016 and cost €6bn.<ref> Macilister, T. [http://www.guardian.co.uk/business/2011/jul/20/edf-french-nuclear-reactor-delays ''EDF admits French nuclear reactor delayed but says UK projects on target''], Guardian 20th July 2011, accessed August 2012.<br />
<br />
The EPR design is a development of existing reactor designs. Reminiscent of the 1978 decision by the UK’s Labour Government to go-ahead with the Torness nuclear station in East Scotland (“A £2500 million mistake” <ref>Alf Young, “Torness plant was 'a £2500m mistake’”, ''Glasgow Herald'', 10 November, 1989.</ref> to keep the AGR reactor design option open, Flamanville is being built, not because the electricity is required, but as a “showcase for the industrial know-how of EDF and its European partners”. <ref>[http://www.edf.fr/72153d/Home-fr/Press/Special-features/Nuclear-Energy-and-the-EPR-Project-European-Pressurized-Water-Reactor-at-Flamanville-3 ''"Nuclear Energy and the EPR Project at Flamanville-3"'',] EDF Press Kit, October, 2006.</ref><br />
<br />
The French anti-nuclear group, Sortir du Nucleaire (SN),<ref>[http://www.sortirdunucleaire.org/index.php?menu=english&page=index Sortir du Nucleaire website]</ref> argues that the building permit awarded for Flamanville was wrongly granted. "EPR will just be used as a shop window to sell reactors to China," it argues. "We don't need to build any more reactors as those we have can be used until 2025." <ref>Terry Macalister, [http://business.guardian.co.uk/story/0,,1855396,00.html “Sell-off of Nuclear Plants Faces Delay”,] ''The Guardian'', 22 August, 2006.</ref><br />
<br />
Six groups, including Greenpeace and SN, filed a legal challenge in the Caen Administrative Court on October 10, 2006, seeking suspension of construction and an end to site preparation work, because the construction project violates provisions of France's Seacoast Protection Act. Sortir du Nucleaire, Greenpeace and another anti-nuclear group, Crilan, have also filed separate challenges on the merits of EDF’s case. <ref>“Six Anti-EPR Groups will file a Challenge in Caen Administrative Court”, Platts Nuclear News Flashes, 9 October, 2006.</ref><br />
<br />
==Lack of Decommissioning Funds.==<br />
<br />
France's Court of Accounts, which oversees the finances of public bodies and state-owned enterprises, said in a controversial report published in January 2005, that debt-laden EDF had only what it termed an "embryo" of the money needed for decommissioning and waste management after the closure of its nuclear facilities. It’s heavy spending abroad on acquisitions in recent years has squandered finances. Basically EDF used its decommissioning funds to buy up companies abroad including large swaths of the British energy sector, and a stake in the Italian utility Edison. <ref>[http://www.ccomptes.fr/Cour-des-comptes/publications/rapports/nucleaire/integral.pdf Le démantèlement des installations nucléaires et la gestion des déchets radioactifs,] Cour des Comptes, January, 2005.</ref><br />
<br />
The Court of Accounts said EDF's preparations for nuclear decommissioning raised concerns that decommissioning costs would fall on future consumers or the state. Having unnecessarily given large contracts to Areva over past years to reprocess its spent fuel, EDF has accumulated over 80 tons of plutonium, and vast quantities of nuclear waste at the reprocessing plant at La Hague. So it is now confronted with huge liabilities, but insufficient funds to cover them. <br />
<br />
==Energy Imperialism?==<br />
<br />
===Italy & Germany===<br />
<br />
In Italy, EDF owns 51% of Edison, which has an installed capacity of 6.6GW and around 16% of the Italian market. In Germany, EDF owns around 45% of the German utility EnBW, which has an installed capacity of 14.02GW of which 4.843GW is nuclear (at the Philippsburg nuclear facility). EnBW has around 80% of the residential and business markets in Baden Wurtemberg. <ref>[http://www.edf.fr/html/ra_2005/uk/pdf/ra2005_full_va.pdf EDF Annual Report 2005].</ref><br />
<br />
===Hungary & Central Europe===<br />
<br />
In November 2006, EDF purchased the remaining shares in the Hungarian company, Demasz, having owned only 60.95% of shares in 2005. Demasz is an electricity distribution and supply company. <ref>[http://www.edf.com/fichiers/fckeditor/File/press/cp_2006/cp_20061115_va.pdf"'' EDF successfully completes public purchase offer for Demasz''",] EDF Press Release, 15 November, 2006.</ref> EDF 2005 Annual Report also reports that EDF owns 95.57% of the Hungarian generation company BERt which has an installed capacity of 392Mwe. EDF also owns 49% of the Slovak electricity sales and distribution company, SSE, which has around 30% of the Slovak market.<br />
<br />
===Sales Contributions===<br />
<br />
France - 30,126 million euros<br />
<br />
UK [EDF Energy] - 6,674 million euros<br />
<br />
UK [EDF Trading] - 441 million euros<br />
<br />
Germany - 5,005 million euros<br />
<br />
Italy [Edison] - 1,010 million euros<br />
<br />
Italy [Fenice] - 480 million euros<br />
<br />
==EDF Worldwide==<br />
<br />
EDF has been divesting itself of investments in Latin America after some spectacular losses in 2004. EDF has also been active in Asia where is has worked on, amongst other things, nuclear construction projects. The Company says more than half of the electricity generating plants built worldwide between now and 2020 will be in Asia. The Group has been active in China for more than 20 years, participating in the construction and operation of the Daya Bay and Ling Ao nuclear plants. EDF is the largest foreign investor in China’s electricity sector.<br />
<br />
EDF International North America Inc. is a member of the [[NuStart Consortium]].<ref>[http://ina.edf.com/115150i/EDF-INA/EDF-in-North-America/activities.html EDF International North America Inc. website], accessed December, 2006.<br />
</ref><br />
<br />
==References==<br />
<references/><br />
<br />
[[Category: Nuclear Spin]]<br />
[[Category:pro-nuclear companies]]<br />
[[Category:Civil nuclear industry]]</div>Peter Roche