British Energy - Revision history

Matthew Pringle: SMC category added

2016-07-12T14:19:52Z

SMC category added

Josh Leeson at 16:00, 27 January 2015

2015-01-27T16:00:32Z

Matthew Pringle: Affiliations - SMC funding info added

2013-10-16T15:08:04Z

Affiliations - SMC funding info added

Melissa Jones: /* Background */

2012-08-28T14:16:45Z

Background

Melissa Jones: /* Background */

2012-08-28T14:15:52Z

Background

Melissa Jones: /* Background */

2012-08-28T14:14:25Z

Background

Melissa Jones: /* Background */

2012-08-26T14:58:48Z

Background

Melissa Jones: /* Background */

2012-08-26T14:54:16Z

Background

Melissa Jones: rejig/update in process

2012-08-26T14:51:39Z

rejig/update in process

Melissa Jones: /* Background */

2012-08-26T14:41:12Z

Background

← Older revision		Revision as of 14:19, 12 July 2016
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	[[Category:pro-nuclear companies]]		[[Category:pro-nuclear companies]]
	[[Category:Nuclear Spin]]		[[Category:Nuclear Spin]]
		+	[[Category: Science Media Centre]]

← Older revision		Revision as of 16:00, 27 January 2015
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	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>		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>
		+
		+	In 2013 BE were listed as a client by [[Brevia Consulting]].

	British Energy is a founding member of the [[Scottish Parliament Business Exchange]] and helped to fund the [[Science Media Centre]]. Scottish PR firm [[BIG Partnership]] acted as BE's PR agency at one point.		British Energy is a founding member of the [[Scottish Parliament Business Exchange]] and helped to fund the [[Science Media Centre]]. Scottish PR firm [[BIG Partnership]] acted as BE's PR agency at one point.

@@ Line 57: / Line 57: @@
 *[[Science Media Centre]]
 *[[Scottish Parliament Business Exchange]]
 ==Website==

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 On 24 September 2008, it was announced that EDF Energy 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>
-Bill Coley led BE into a $23 billion takeover deal with EDF the following year. <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>  On 5 January 2009, EDF acquired an 80 per cent controlling interest in British Energy Group, with [[Centrica]] buying the rest.<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>
+Bill Coley led BE into a $23 billion takeover deal with EDF the following year. <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>  On 5 January 2009, EDF acquired an 80 per cent controlling interest in British Energy Group, with [[Centrica]] buying the rest.<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>A month later, British Energy delisted from the London Stock Exchange. <ref> 3 February 2009 </ref>
 Since EDF's takeover, only the Wylfa nuclear power station on Anglesey remains in UK state ownership, managed by the [[Nuclear Decommissioning Authority]].

← Older revision		Revision as of 14:15, 28 August 2012
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	On 24 September 2008, it was announced that EDF Energy 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>		On 24 September 2008, it was announced that EDF Energy 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>

−	Bill Coley led BE into a $23 billion takeover deal with EDF the following year. <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> On 5 January 2009, EDF acquired an 80 per cent controlling interest in British Energy Group, with [[Centrica]] buying 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 per 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>	+	Bill Coley led BE into a $23 billion takeover deal with EDF the following year. <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> On 5 January 2009, EDF acquired an 80 per cent controlling interest in British Energy Group, with [[Centrica]] buying the rest.<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>

@@ Line 13: / Line 13: @@
 On 24 September 2008, it was announced that EDF Energy 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>
-Bill Coley led BE into a $23 billion takeover deal with EDF the following year. <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>  On 5 January 2009, EDF acquired a controlling interest in '''British Energy Group plc'''. A month later, British Energy delisted from the London Stock Exchange. <ref> 3 February 2009 </ref>
+Bill Coley led BE into a $23 billion takeover deal with EDF the following year. <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>  On 5 January 2009, EDF acquired a controlling interest in British Energy Group. A month later, British Energy delisted from the London Stock Exchange. <ref> 3 February 2009 </ref>
-Since the takeover, only the Wylfa nuclear power station on Anglesey remains in UK state ownership, managed by the [[Nuclear Decommissioning Authority]].
+Since EDF's takeover, only the Wylfa nuclear power station on Anglesey remains in UK state ownership, managed by the [[Nuclear Decommissioning Authority]].
 ==A "blank cheque" from the government==

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 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 believes 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>
-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>
+On 24 September 2008, it was announced that EDF Energy 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>
-On 5 January 2009 EDF Energy acquired a controlling interest in '''British Energy Group plc'''. A month later, British Energy delisted from the London Stock Exchange. <ref> 3 February 2009 </ref>
+Bill Coley stepped down as chief executive after leading BE into a $23 billion takeover deal with EDF 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>
 Since the takeover, only the Wylfa nuclear power station on Anglesey remains in UK state ownership, managed by the [[Nuclear Decommissioning Authority]].
@@ Line 19: / Line 21: @@
 ==A "blank cheque" from the government==
-In March 2006, the [[National Audit Office]] released a scathing report into the finances of British Energy. According 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 taxpayer had increased by £1 billion 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 heavily 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>
+In March 2006, the [[National Audit Office]] released a scathing report into the finances of British Energy. According 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 taxpayer had increased by £1 billion 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 heavily 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>
 ==PR and lobbying==

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 British Energy (BE) was first set up and registered in Scotland in 1995 to operate the eight most modern nuclear power plants in the UK. It was publicly owned until it was privatised and floated in 1996. Financial problems from 2002 saw the UK government step in and once again obtain a controlling financial interest in the business from 2005 until 2007. <ref> [http://www.nao.org.uk/publications/press_notice_home/0910/0910215.aspx Press Release - The sale of the Government’s interest in British Energy], National Audit Office, 22 January 2010, accessed 26 August 2012 </ref>
-[[Mike Alexander]] BE's ex-Chief Executive was an enthusiastic proponent of nuclear energy. Delivering the keynote speech at a gathering of UK's leading energy figures organised 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>
+BE's ex-Chief Executive, [[Mike Alexander]], was an enthusiastic proponent of nuclear energy. Delivering the keynote speech at a gathering of UK's leading energy figures organised 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>
 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 believes 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>