Northern Ireland Electricity
|Northern Ireland Electricity plc|
|Partners:||Electricity Supply Board, Scottish Power|
Northern Ireland Electricity plc (or NIE), a subsidiary of the Viridian Group, is the electricity transmission company in Northern Ireland.
NIE does not generate electricity but purchases it from several power stations in Northern Ireland, as well as interconnectors with the Republic of Ireland and Scotland.
Northern Ireland Electricity has supplies electricity to approximately 740,000 homes and businesses in Northern Ireland.
The main interconnector with the Republic of Ireland was built in 1970 between Tandragee and Louth but The Troubles saw the interconnector destroyed in 1975 and left in that state for twenty years until repair.
In 1973 the Northern Ireland Electricity Service (NIES) was formed as a public utility to generate, transmit and supply electricity to Northern Ireland.
In 1992 the NIES was privatized; the transmission and supply business forming Northern Ireland Electricity plc, while the four power stations at Belfast, Larne (Ballylumford), Derry (Coolkeeragh) and Carrickfergus (Kilroot) were sold on the open market.
In 1998 the Northern Ireland Electricity plc became a subsidiary of the Viridian Group plc.