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ScottishPower Certified by Lloyd's Register

03/06/2010

Lloyd’s Register has extended the scope of the certification for ScottishPower Energy Wholesale against the BSI Publicly Available Specification 55 (PAS 55-1) in a rigorous process of assessment to cover the entire energy mix of ScottishPower Energy Wholesale assets in the UK.

ScottishPower Energy Wholesale, part of the Iberdrola Group, owns and operates power stations across the UK. Lloyd’s Register originally awarded certification in 2008 for ScottishPower Energy Wholesale’s coal operations. The scope has now been extended to include the company’s gas and hydro groups.  

Presentation of the certificate took place at the ScottishPower head office in Glasgow on June 2, 2010. Iain Light, Global Energy Director for Lloyd’s Register, presented the certificate to Nick Horler, CEO of ScottishPower, John Campbell, Director Energy Wholesale and Hugh Finlay, Director of Generation. Light said: “It is evident that ScottishPower Energy Wholesale has worked tremendously hard to integrate the coal, gas and hydro groups into their asset management system with robust, consistent processes and procedures now in place across all groups. Our assessment team were impressed with how efficiently this had been achieved and with the overall progress that had been made since the initial certification. In particular the work being undertaken on the Operational Transformation Programme and Process Safety Initiatives.”

Light added “We look forward to continuing to work with ScottishPower Energy Wholesale in their journey of continual improvement in asset management and would welcome other members of the Iberdrola group to join them on their journey.”

Nick Horler said: “Excellence in asset management has been a key goal of the business. The changes implemented as part of the process of obtaining PAS 55 has enabled our business to become more effective and more efficient. This has led to a number of initiatives which we are confident will provide significant improvements to the business. ScottishPower Energy Wholesale looks forward to continuing the good working relationship with Lloyd’s Register during the ongoing assessment process.”

PAS 55 is rapidly becoming the global standard for asset management and this certification reinforces the Lloyd’s Register Group as a world leader in PAS 55 certification in Europe, North America and Asia.

Notes to editors

1. Lloyd’s Register provides independent assurance to companies operating high risk capital intensive assets in energy and transportation to enhance the safety of life, property and the environment, so helping its clients ensure safe, responsible and sustainable supply chains. The Group comprises charities and non-charitable companies, with the latter supporting the charities in their main goal.

2. Lloyd’s Register is an independent risk management organisation. The Lloyd’s Register Group works to help improve its clients’ quality, safety, environmental and business performance throughout the world, because life matters. Its expertise and activities cover shipping, railways, other asset-based industries and oil and gas.. The Lloyd’s Register Group has an impressive track record in verification and related activities. The PAS 55-1 certificate was awarded to ScottishPower by Lloyd’s Register Verification Ltd., a member of the Lloyd’s Register Group.

3. The Lloyd’s Register Group used its worldwide experience of management systems and asset management expertise in a variety of industries to support the Institute of Asset Management (IAM) in the development of PAS 55. Published by the British Standards Institution (BSI), PAS 55 is a leading management systems framework upon which effective asset management strategies can be based. It was developed as a quality benchmark for management practices in asset-intensive industries such as power, oil and gas and transportation. Many organisations are adopting the PAS 55-1 principles to increase the confidence of regulators and shareholders in their management activities. PAS 55 is strongly encouraged by regulatory bodies such as Ofgem (UK), Energiekamer (Netherlands), Office of Rail Regulation (ORR, UK) and Office of the Public and Private Partnership Arbiter (OPPPA, UK) for its ability to provide assurance to wider stakeholders that risks associated with complex asset systems are being appropriately managed. The Lloyd’s Register Group has seen considerable interest from organisations around the world seeking to develop their asset management systems to be compliant with PAS 55 and has carried out verification activities in many sectors, including rail, electricity, gas and water. It has also seen interest from regulators, and national and local governments.

4. ScottishPower Energy Wholesale has responsibility for operating and maintaining 6,400MW of generation. Generation is organised around the physical assets – primarily coal, gas and hydro-electric power stations. This includes Scotland’s largest coal-fired power station at Longannet which has an output of 2,400MW.

5. An image of the certificate award ceremony is available from news@lr.org

For media enquiries contact:

Jason Knights
Global Communications Manager
Lloyd’s Register Energy
T   +44 (0)20 7423 1741
M  +44 (0)78 2728 2569
E   jason.knights@lr.org

ScottishPower:
Paul Ferguson
0141 566 4515
07702 665 924

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