ESB Group - Business Areas

Business Areas

The ESB is composed of several distinct, separate and legally demarcated companies. By business area, the principal companies are:

ESB Networks: The transmission system is operated by independent state company Eirgrid.

ESB Power Generation: operates a portfolio of power stations across the country, along with holdings in wind and other renewables. Wholesale market share is currently below fifty percent.

ESB Electric Ireland The ESB title has been dropped per CER ruling(previously ESB Customer Supply and ESB Independent Energy): a regulated supply company functionally separate from ESB Networks and Power Generation, is one of three companies (as of 18 February 2009) operating in the domestic market. Since 4 April 2011 the Commission for Energy Regulation no longer sets ESB Electric Ireland's prices, the trade off for this is that the division will be required to rebrand to remove the ESB name, to "remove confusion" between the ESB's role as operator of the electricity network and a supplier in that market. From January 2012, it will be known simply as Electric Ireland and will not use the ESB brand at all, though it will remain a part of the ESB.

ESB International: responsible for the company's unregulated activities. ESBI principally provides electrical engineering consultancy services around the world. ESBI is a dynamic company with holdings in many areas, such as power-generation joint ventures, renewables development, and computing consultancy.

Northern Ireland Electricity (NIE) is responsible for the operation and maintenance of the electricity network in Northern Ireland, and has been part of the ESB since they purchased it from Viridian in December 2010. However, the ESB does not own the former supply business of NIE, which was retained by Viridian.

Read more about this topic:  ESB Group

Famous quotes containing the words business and/or areas:

    What makes this Generation of Vermin so very Prolifick, is the indefatigable Diligence with which they apply themselves to their Business. A Man does not undergo more watchings and fatigues in a Campaign, than in the Course of a vicious Amour. As it is said of some Men, that they make their Business their Pleasure, these Sons of Darkness may be said to make their Pleasure their Business. They might conquer their corrupt Inclinations with half the Pains they are at in gratifying them.
    Joseph Addison (1672–1719)

    Adults understandably assume that the level of verbal proficiency a five-year-old displays represents his level of proficiency in all areas of functioning—if he talks like an adult, he must think and feel like one. However, five-year-olds,... belie the promise of adult-like behavior with their child-like, impulsive actions.
    Dorothy H. Cohen (20th century)