Select Committee on Welsh Affairs Written Evidence


Written Evidence from Kevin Dibble, First Hydro

  I write in response to your recent announcement of an Inquiry into Energy in Wales, with the intention of updating the committee on the scope of International Power's involvement in the energy sector in Wales.

  As you may know, International Power plc is a global owner and operator of independent power plant, having interests in over 16,000 Megawatts of generation capacity worldwide. It was created in 2000, as a result of the demerger of National Power.

  In Wales, it owns the 500 MW gas-fired power station at Deeside, and since December 2004, has had a controlling stake in First Hydro Company (FHC), the pumped storage hydroelectric generator based in Snowdonia. FHC was acquired at this time from US utility Edison Mission Energy by a 70:30 joint venture partnership between International Power plc and Mitsui of Japan. It covers three sites in North Wales employing a total of around 200 people: Dinorwig Power Station (1,728 MW), Ffestiniog Power Station (360 MW) and an associated trading office in Deeside.

  All of these power stations are operated on a merchant basis in the GB Electricity market, along with International Power's other power stations at Rugeley and Saltend in England. Furthermore International Power is active in the development of renewables, and has a keen interest in a number of new wind projects in Wales.

  I trust that this information is useful background for the committee in defining the current electricity picture in Wales.

1 December 2005


 
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