Energy giant Powergen assumed the name of its German parent company E.ON at the
beginning of December 2007, and now operates under the name E.ON UK
Powergen, which resulted from the privatisation of the Central
Electricity Generating Board (CEGB) in 1990, was bought by E.ON in
January 2002 and has been operating in the UK under its stewardship ever since.
E.ON said the name change reflected more than just the change in ownership, but also 'a change in the company's attitude towards energy and its generation'.
One example of this change is E.ON's commitment to renewable energy. E.ON is currently developing one of the world's largest offshore wind farms in the Solway Firth in Scotland, and the world's largest dedicated biomass power stations at Lockerbie, Scotland.
E.ON also operates the Rheidol Power Station - the largest hydro electric power scheme in England and Wales – which, combined with its wind energy operations, makes E.ON one of the UK's leading green energy producers.
In addition to its environmentally responsible energy solutions, E.ON is also committed to producing ‘secure’ energy and operates numerous coal, oil and gas fired power stations throughout the UK.
Headquartered in Dusseldorf, Germany, E.ON is one of Europe's major public utility companies, and is the world's largest investor-owned gas and electricity company.
In the UK, E.ON is one of the leading energy suppliers, the second largest electricity generator and owns the second largest distribution network.