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Glossary
Annual Report 2001

Contents

Highlights

Chairman's & CEO's Statements

Directors' Report & Review

Board Of Directors

Auditor's Report

Financial Statements

Shareholder Information

Statement of Directors' responsibilities

CCGT Combined cycle gas turbine - turbines, that are typically fuelled by natural gas, are used to drive generators to produce electricity. The exhaust gases are then passed through a boiler to produce steam that in turn drives an additional turbine coupled to a generator.
CHP Combined heat and power project.
Cogeneration The simultaneous generation of heat and electricity, typically where the need for both arises for industrial or commercial purposes.
Demerger The demerger agreement dated 21 August 2000 between National Power, Agreement Innogy Holdings and Innogy.
ERCOT The Electricity Reliability Council of Texas
ESPS Electricity Supply Pension Scheme.
GW Gigawatt; one gigawatt equals 1,000,000 kW.
GWh Gigawatt-hour; one GWh represents one hour of electricity consumption at a constant rate of 1 GW.
Heat rate A measure of the thermal efficiency achieved by a power station.
IPP Independent power producer.
ISO 14001 The international standard for environmental management systems.
kW Kilowatt; a kilowatt is a unit of power, representing the rate at which energy is used or produced (ie, the product of voltage and current).
kWh Kilowatt-hour; one kWh represents one hour of electricity consumption at a constant rate of 1 kW.
MW Megawatt; one MW equals 1,000 kilowatts.
MWh Megawatt-hour; one MWh represents one hour of electricity consumption at a constant rate of 1 MW.
NEPOOL New England Power Pool.
NETA New Electricity Trading Arrangements in England and Wales.
NOx Oxides of nitrogen.
OCGT Open cycle gas turbine. Turbines, typically fuelled by gas-oil, are used to drive the generators to produce electricity.
OFGEM The Office of Gas and Electricity Markets.
Peak load The maximum demand during a specified period. This may require use of plant (for example, pumped storage) that is generally idle.
SO2 Sulphur dioxide.
TW Terawatt; one TW equals 1,000,000 MW.
TWh Terawatt-hour; one TWh represents one hour of electricity consumption at a constant rate of 1 TW
WAPDA The Water and Power Development Authority of Pakistan

 

Many thanks to the International Power staff from throughout the regions who appear in photographs in this Annual Report. Photography by Orla Deevy.

Board photography by Marcus Lyon and Andy Lane.

investor information provided by INVESTIS at www.investis.com