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Our Businesses

Energy Wholesale

Our Energy Wholesale business is focused on delivering competitive energy from across its portfolio.  The range and scale of our activities include:-

Generation

Generation has responsibility for operating and maintaining our generating portfolio. Generation is organised around the physical assets – coal, gas, windfarm and hydro-electric power stations plus our Daldowie facility near Glasgow which manufactures fuel pellets from sewage sludge.

In the short-to-medium term, Generation's impact on energy management activities is primarily through agreeing and meeting production commitments (including plant efficiency, availability, flexibility and reliability targets and maintenance outage schedules).

Generation works closely with the Energy Management team to establish production forecasts, which are incorporated into the Company's energy positions and opportunities for trading.

Energy Management

Energy Management is responsible for the wholesale trading of power, gas, coal and other commodities. This team schedules generating plant and works with the Energy Retail business to set gas and electricity tariffs. They also carry out financial modelling for potential investments identified by the Commercial Development team. In the longer term, they have responsibility for developing robust strategies, operational plans, budgets and forecasts in support of the company's strategy for developing its energy portfolio.

Energy Management forecasts energy trends over the long term and works with bodies such as Ofgem and the Department of Trade and Industry to help shape the energy policy of the future.

Commercial Development

Commercial Development is responsible for originating value enhancing opportunities for the business, including bespoke energy contracts, asset acquisitions and asset developments.

Over the past couple of years this has included the acquisition of 1,000MW of modern gas generation plant at Damhead Creek (800MW) and Brighton (200MW) and the disposal of the Byley gas storage development project. This transaction included a 15-year storage contract for a substantial portion of the planned capacity.

Energy Wholesale Website

For further information on Energy Wholesale sites and projects, visit www.spenergywholesale.com.