British energy group Centrica has unveiled its 2015 results. The group generated 19.3 TWh in 2015, a 13% fall compared to 2014, due to adverse market conditions reducing gas-fired generation by 37% (+8% for nuclear and -3% for renewable energies): the load factor of gas-fired power plants declined again from 30% in 2014 to 21% in 2015.
British Gas' market share on the British residential gas market contracted from 37% to 36% (from 24% to 23.5% for electricity), despite a higher gas consumption on this segment (+3%, -1% for electricity). Sales to services and businesses also declined in 2015 (-4% for gas and -13% for electricity), with the number of supply points contracting by more than 10%.
In Ireland, the number of customers supplied by Bord Gáis Energy (acquired by Centrica in June 2014) rose by 3% to 629,000. In the United States, Centrica's subsidiary Direct Energy posted decreasing gas sales, both on the residential (-14%) and business segments (-2%).
In the upstream sector, Centrica's gas production contracted by 3% (-16% in the UK and in the Netherlands but +19% in Norway), while its liquids production increased by 7% (-5% in the UK and the Netherlands but +11% in Norway).
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