Central Electricity Generating Board [SEP] inception
Central Electricity Generating Board
The Central Electricity Generating Board (CEGB) was responsible for electricity generation in England and Wales for almost forty years, from 1957 to privatisation in the 1990s.
Because of its origins in the immediate post-war period, when electricity demand grew rapidly but plant and fuel availability was often unreliable, most of the industry saw its mission as to provide an adequate and secure electricity supply, or ""to keep the lights on"" as they put it, rather than pursuing the cheapest generation
FGD) equipment between 1988 and 1995.
History Post-privatisation.
On privatisation of the Central Electricity Generating Board in 1990, the station was transferred from the Central Electricity Generating Board to the privatised generating company National Power, which sold it to the AES Corporation in November 1999 for £1.87 billion (US$3 billion). AES relinquished ownership in August 2003, after falling into £1.3 billion of debt. Independent directors continued the operation to ensure security of supply. In December 2005, after refinancing,