Back to original thread, we musn't of course forget that Centrica owns (or part owns), so it must of course pay itself enough to make a profit..
One of the good things that appears to be happening is calls for greater competition as these big megopolies expand
Renewables
We operate four onshore and offshore wind farms, including:
In October 2009 we announced that the 270MW Lincs offshore wind development project had received final investment approval and construction began in 2010. And, in January 2010, we were awarded exclusive rights to develop up to 4.2GW in the Irish Sea zone in The Crown Estate's Round 3 offshore wind tendering process.
- the 194MW Lynn and Inner Dowsing wind farm development, and
- the 90MW Barrow offshore wind farm.
Gas fired power stations
We operate a fleet of seven CCGT power stations across the UK. The latest, completed in 2010, is at Langage in Devon. It is one of the most efficient generators of its type in the world and can output up to 885MW.
Nuclear power stations
In November 2009 we completed a deal with EDF to acquire a 20% equity interest in British Energy, the operator of eight existing nuclear power stations in the UK. This was in part funded by the sale of Centrica's 51% equity stake in the Belgian business SPE to EDF. This joint venture with EDF also provides us with the option to participate in EDF's UK New Nuclear Build (NNB) programme.
One of the good things that appears to be happening is calls for greater competition as these big megopolies expand