Npower's energy generation profits oscillated over the years, amounting to 103 million British pounds in 2019. Figures peaked in 2010, with a generation profit of 211 million British pounds. Nonetheless, generation profit decreased on the following years, reaching the record low in 2014 with a loss of 188 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.
Energy generation profits of npower Limited in the United Kingdom (UK) from 2009 to 2019
(in million British pounds)
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.
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Ofgem. (August 25, 2020). Energy generation profits of npower Limited in the United Kingdom (UK) from 2009 to 2019 (in million British pounds) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/521430/rwe-energy-generation-profits-uk/
Ofgem. "Energy generation profits of npower Limited in the United Kingdom (UK) from 2009 to 2019 (in million British pounds)." Chart. August 25, 2020. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/521430/rwe-energy-generation-profits-uk/
Ofgem. (2020). Energy generation profits of npower Limited in the United Kingdom (UK) from 2009 to 2019 (in million British pounds). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/521430/rwe-energy-generation-profits-uk/
Ofgem. "Energy Generation Profits of Npower Limited in The United Kingdom (Uk) from 2009 to 2019 (in Million British Pounds)." Statista, Statista Inc., 25 Aug 2020, https://www.statista.com/statistics/521430/rwe-energy-generation-profits-uk/
Ofgem, Energy generation profits of npower Limited in the United Kingdom (UK) from 2009 to 2019 (in million British pounds) Statista, https://www.statista.com/statistics/521430/rwe-energy-generation-profits-uk/ (last visited December 23, 2024)
Energy generation profits of npower Limited in the United Kingdom (UK) from 2009 to 2019 (in million British pounds) [Graph], Ofgem, August 25, 2020. [Online]. Available: https://www.statista.com/statistics/521430/rwe-energy-generation-profits-uk/
