Written Evidence from Kevin Dibble, First
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
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
I trust that this information is useful background
for the committee in defining the current electricity picture
1 December 2005