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Energy generation profits of npower Limited in the United Kingdom (UK) from 2009 to 2019 (in million British pounds)

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Source

Release date

August 2020

Region

United Kingdom

Survey time period

2009 to 2019

Supplementary notes

Since 2009, the Office of Gas & Electricity Markets (OFGEM) require the so-called 'Big Six' large energy suppliers to provide an annual consolidated statement (CSS) to show the costs, revenues and profits for the different segments of their generation and supply businesses.

Citation formats

Energy generation profits of npower in the United Kingdom (UK) 2009-2019

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 25, 2020
Npower's energy generation profits oscillated over the years, amounting to *** million British pounds in 2019. Figures peaked in 2010, with a generation profit of *** million British pounds. Nonetheless, generation profit decreased on the following years, reaching the record low in 2014 with a loss of *** million British pounds.

The company was established in 2000 as Innogy plc. Later on, the German electric utility RWE took over Innogy and renamed it RWE npower plc. In 2016, RWE split its renewable energy, network and retail businesses into a new company, Innogy SE. Npower Limited was a subsidiary of this new company, while fossil fuels energy power stations became part of RWE Generation UK plc. By the end of 2019, npower Limited was acquired by E.ON UK, and all customers will migrate to E.ON Next in 2020.
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