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
Jersey Electricity PLC
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.
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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