 | |
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Energy |
| Founded | 2010 with Founding CEO David Owens |
| Headquarters | London, England, UK |
Key people | Basil Scarsella (CEO) |
| Products | Electricity |
| Revenue |  £ 1,760 million (March 2021)[1] |
| £ 614.8 million (March 2021)[1] | |
| Owner | |
| Website | www |
UK Power Networks (UKPN) is a distribution network operator for electricity covering South East England, the East of England and London. It manages three licensed distribution networks (Eastern Power Networks, South Eastern Power Networks and London Power Networks) which together cover an area of 30000 square kilometres and approximately eight million customers.
In 2014 UK Power Networks was awarded £25 million from the electricity regulator Ofgem's Low Carbon Networks Fund for the Low Carbon London project. In 2011 it was awarded £6.7 million by Ofgem for another project, Flexible Plug and Play, which is researching new ways, technical and commercial, to connect renewable energy to the distribution network in Cambridgeshire. As well as the three distribution arms UK Power Networks also operates UK Power Networks Services Holdings Limited, which develops and maintains electrical networks for customers including London Underground, Heathrow and Stansted airports, Docklands Light Railway and Canary Wharf.[2]
- ^ a b Gill Plimmer (2022-07-04). "£15bn deal for UK Power Networks collapses after owner lifts price". Financial Times. Retrieved 2022-07-04.
- ^ "UK Power Networks Services". www.ukpowernetworksservices.co.uk. Retrieved 2021-11-11.