Ireland’s state owned electricity company ESB is preparing to enter the bustling GB energy supply sector later this year.
The Irish utility already has a number of generation assets in the UK, most notably two CCGT plants at Carrington in Manchester and Corby in Northamptonshire. It also boasts three wind farms and a biomass plant in addition to its numerous generation assets throughout Ireland.
In a statement released yesterday (16 August 2017), ESB said it is currently in the process of fulfilling all regulatory requirements in advance of entering the GB energy market later in 2017.
The company declined to offer a timeline of its entry this year, with further announcements to be made in the coming months.
It joins an already crowded market for energy suppliers as the dominance of the ‘Big Six’ utilities continues to wane in the face of other market entrants from both abroad and new, smaller players.
Clean energy supplier Bulb said earlier this week that it had registered its 100,000th customer earlier this week, claiming an exodus from the ‘Big Six’ had helped it reach that landmark.
Renewable energy suppliers are rapidly taking a bigger role in the UK energy supply sector, with the likes of Sweden’s Vattenfall recently purchasing Bournemouth-based iSupplyEnergy and adding 120,000 new customers.