About Bord Gáis
- Bord Gáis Facts & Figures
- Bord Gáis Management
- Governance Structure
- 2012 Annual Report
- 2012 Annual Report Financial Highlights
- 2012 Business Achievement Highlights
- Natural Gas Areas
Bord Gáis Facts & Figures
Bord Gáis Éireann (Bord Gáis) has evolved in recent years from a gas transmission company to a major energy provider, supplying both gas and electricity to homes and businesses throughout the country. A commercial enterprise owned by the Irish State, it builds and operates one of the most modern and safe gas networks in the world, connecting all natural gas customers to this network. Bord Gáis is committed to growth, innovation and sustainability. The company has recently commissioned its first major gas-fired power station at Whitegate, Co. Cork, and is currently developing a portfolio of wind farms throughout Ireland. Bord Gáis is a major employer in Ireland, providing a dynamic and modern place to work for over 1,000 employees.
Bord Gáis meets its commitments to customers through its two main businesses: Bord Gáis Networks and Bord Gáis Energy, a commitment that is very important to its combined total of nearly one million gas and electricity customers.
Bord Gáis Networks has developed a word-class gas infrastructure in Ireland. 13,548km of gas pipelines and two sub-sea interconnectors have been constructed and are carefully maintained, with safety and community relations at the heart of all that we do. On behalf of Gaslink, the independent system operator, Bord Gáis Networks is also responsible for all new gas connections and for work on service pipes and meters at customers' premises, on behalf of all gas suppliers in Ireland. Bord Gáis Networks also manages a full 24-hour emergency response service, handling almost 20,000 call-outs each year.
Through the New Connections Programme, Bord Gáis Networks continually brings the benefits of natural gas to new areas in line with CER Policy and constructs and extends the natural gas network to the highest international safety standards.
This 13,548km network includes:
- · Transmission (cross-country) and Distribution (towns) networks in Ireland
- · Two sub-sea interconnectors linking Ireland with Scotland. Interconnector 1 and Interconnector 2
- · An on-shore system in Scotland
- · A spur-line to the Isle of Man
- · The North-West pipeline from Belfast to Derry in Northern Ireland.
- · The Mayo-Galway pipeline, to bring gas from the Corrib field into the national grid
- · The South-North pipeline from Gormanston, Co. Meath, to Belfast to secure long-term gas supplies for Northern Ireland
Management of the gas pipeline network is a sophisticated 24-hour operation involving constant monitoring through Supervisory Control and Data Acquisition (SCADA) systems, including Geographic Information System (GIS). Safety is the top priority of Bord Gáis Networks and one of our core values. Bord Gáis Networks is committed to the further development and maintenance of the necessary systems, processes and resources in order to promote continuous safety improvement and performance.
Bord Gáis is licenced by NIAUR to supply natural gas to 10 towns in Northern Ireland. firmus energy, Bord Gáis’ distribution and supply business in Northern Ireland, is in the process of extending the network and connecting customers in the selected towns.
Bord Gáis Energy is a dual-fuel, all-island business that serves over 825,000 gas and electricity customers with exemplary service at competitive prices. It procures energy efficiently on wholesale markets and invests in energy assets to support its growth objectives in Ireland.
Bord Gáis Energy successfully entered the residential electricity market in early 2009. The business now serves 427,000 gas customers and 348,000 electricity customers across residential, small business and industrial sectors. As well as selling gas and electricity to all market segments, it is also responsible for related activities including call centre management, billing and sales and marketing. Through its Home Services Team it offers customers a wide range of products and services to help increase their overall energy efficiency.
Its retail activities are backed by a trading team responsible for buying energy efficiently on European wholesale markets; portfolio optimisation; risk management; hedging and trading strategies; and market modelling. Gas and electricity are bought on wholesale markets by a dedicated Energy Trading team.
Bord Gáis Assets was formed in 2010 after the merging of the operations of SWS Natural Resources with Bord Gáis Investments. The Assets role is to operate and develop a balanced portfolio of assets that will help Bord Gáis meet current and future customer energy requirements. The Assets division has three main areas of focus – the operation and maintenance of its existing assets; the development of new assets; and the investigation and support of emerging energy technologies.
firmus energy, a subsidiary of Bord Gáis operating in Northern Ireland, won the supply and distribution licences for ten towns in 2005. firmus energy now supplies gas to 90% of the large industrial / commercial businesses in these towns. In addition, it holds supply licences for both the natural gas market in Greater Belfast and electricity across the province.
Bord Gáis Management
The Board of Bord Gáis currently consists of seven non-executive members (including the Chairman) who are appointed by the Minister for Communications, Energy and Natural Resources.
The Management Team, headed up by the Chief Executive, is responsible for the day to day management of the company.
As a statutory body, Bord Gáis does not have a memorandum or articles of association. Instead, its objects, powers and duties or ‘functions’ and the provisions regulating its exercise of these functions are set out in the Gas Acts 1976 to 2002 and associated legislation. Please refer to our Corporate Governance section for further information.
Bord Gáis employs just over 1,000 staff and is headquartered at 6 Lapps Quay, Cork.
2012 Business Achievement Highlights
- Raised €500 million through bond auction. Bord Gáis Éireann now fully funded to 2016.
- Raised EIB funding of €155 million for wind farm asset development
- Chosen by Government to establish irish Water as a subsidiary of Bord Gáis Éireann
- Regulated revenue determinations completed by Bord G€is Networks in Ireland and Northern Ireland
- Continued extension of the gas network