Jersey Electricity PLC 2024 AR2

The report highlights Jersey Electricity's performance in its centenary year, marked by a solid financial performance with group revenue rising 8.5% to £135.7m and profit before tax reaching £15.1m. The company launched 'The Big Upgrade,' a major £120m investment programme over five years to reinforce the electricity network for the net zero transition, alongside a £30m resilience programme at La Collette. Jersey Electricity made significant progress in local renewables, including the construction of its first 4MW utility-scale solar array in St Clement, scheduled for commissioning in early 2025. Additionally, the company maintained a highly resilient grid with an average carbon intensity of distributed energy of 24.85 gCO2e/kWh.

Company: Jersey Electricity PLC

Sector: Utilities

Country: Jersey

Year: 2024

Type: AR2

Pages: 71

Back to company

Jersey Electricity PLC

Jersey Electricity PLC 2024 Annual Report and Accounts

Annual Report And Accounts

The report highlights Jersey Electricity's performance in its centenary year, marked by a solid financial performance with group revenue rising 8.5% to £135.7m and profit before tax reaching £15.1m. The company launched 'The Big Upgrade,' a major £120m investment programme over five years to reinforce the electricity network for the net zero transition, alongside a £30m resilience programme at La Collette. Jersey Electricity made significant progress in local renewables, including the construction of its first 4MW utility-scale solar array in St Clement, scheduled for commissioning in early 2025. Additionally, the company maintained a highly resilient grid with an average carbon intensity of distributed energy of 24.85 gCO2e/kWh.

Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.

Document Details

Report Year

2024

Reporting Period

Oct 1, 2023 - Sep 30, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Women on Board

Women in Management

Net Zero Target

Employees