Industry Analysis & Industry Trends
Revenue for the Electricity Distribution industry is expected to expand at a compound annual rate of 4.2% over the five years through 2015-16. Higher prices, which were required to offset the investment necessary to bring the industry's ageing infrastructure up to date, have more than counteracted weak volumes of electricity transported along the low-voltage distribution network. However, new price controls implemented in April 2015 are expected to bring revenue down by 1.7% during the current year to reach £6.7 billion... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a high level of market share concentration. The 15 electricity distribution licences covering the United Kingdom (14 in Great Britain and one in Northern Ireland) are held by seven firms. Each of the 15 DNOs covers a different geographical space. There are also seven licensed Independent Distribution Network Operators, which are directly connected to a Distribution Network Operator. These are smaller companies that have been steadily increasing their market share in recent years.
The four largest companies in the industry are expected to generate 77.7% of industry revenue in 2015-16 and each holds multiple distribution licences... purchase to read more