Eggborough Power Station
Rising majestically between the A1(M) and the M62 in North Yorkshire, Eggborough power station has long been a distinct feature of the country’s skyline. This 2,000MW coal-fired power station, a beacon of power generation for many decades, can be seen from miles around. However, Eggborough is set to retire, falling victim to commercial realities and the government’s commitment to phase out coal-fired generation by 2025.
Journey Through Time
Eggborough power station dates back to 1962, with construction forging ahead to begin supplying the National Grid by 1967. It was officially inaugurated on 18th September 1970, marking its place in the UK’s power generation history.
With the winds of privatisation sweeping across the UK, Eggborough transitioned from the Central Electricity Generating Board’s ownership to National Power, a newly minted company that made its debut on the London Stock Exchange in March 1991. A decade later, British Energy took the ownership reins in March 2000.
However, the ownership merry-go-round did not stop there. EDF Energy acquired British Energy in January 2009, leading to Eggborough branching off to become an independent entity on 1st April 2010 – not an April Fool’s Day prank!
2014 marked another pivotal point in Eggborough’s history. Czech-based EPH Holdings (EPH) announced a deal, subject to EU approval, to acquire Eggborough – a power station contributing to 4% of UK’s power. The specifics of the deal, particularly payment terms, remained veiled in secrecy. Given that Eggborough appeared to have exhausted its options, it’s unlikely that the deal’s monetary value was substantial. EPH, being a privately-owned company, has kept its cards close to its chest. However, Kretinsky, the company’s spokesperson, has affirmed that the acquisition of Eggborough power plant showcased their keen interest in the UK market.