Industry Analysis & Industry Trends
Electricity production is expected to generate revenue of about £16 billion in 2012-13, compared with £15.5 billion five years earlier. The revenue expansion, averaging 0.7% per year, is occurring as higher prices slightly more than offset lower electricity production. Total electricity generation is expected to be about 375,624 gigawatt hours (GWh) in 2012-13, up by 0.4% on the previous year. However, electricity production fell during some years as weak economic activity and higher electricity prices cut demand for power, especially from industrial users. Higher electricity prices, as well as a small increase in production, are expected to push up industry revenue by about 3.4% in 2012-13. Profit is expected to be about £3.56.. purchase to read more
Industry Report - Industry Products Chapter
Electricity generation involves the production of electricity, usually through the conversion of primary energy sources such as coal, gas or fuel oil. It is a capital-intensive process, and the efficiency with which capital is employed has a major influence on the cost of generation. Most electricity is generated in bulk at large power stations connected to the national transmission network. However, electricity can also be generated in small-scale power stations, which are connected to regional distribution networks. The key aspects of capital efficiency are the minimisation of spare capacity and the maximisation of plant availability... purchase to read more