Mutual Energy

Mutual Energy is a major player in the Northern Ireland energy sector managing critically important gas and electricity assets.[1]

They own and operate two vital energy links between Northern Ireland and Great Britain: the Moyle Interconnector which is the only link between the electricity systems of Northern Ireland and Scotland, and the Scotland to Northern Ireland natural gas transmission pipeline (SNIP), which imports the vast majority of the gas used in Northern Ireland.

As well as the subsea assets they own and operate other large sections of the gas transmission network (the Belfast Gas Transmission Pipeline and the West Transmission Pipeline), have responsibility for co-ordinating the response to gas emergencies throughout Northern Ireland and work with the other Transmission Operator to provide a market operator function ensuring the efficient transportation of gas throughout Northern Ireland.

The company is a mutual, which means that, because they have no shareholders to pay, they reinvest the money they earn for the long-term benefit of energy users in Northern Ireland. Their governance model is unique in the energy industry – members are appointed to represent the energy consumers of Northern Ireland and fulfil many of the roles of shareholders in other companies, scrutinising the performance of the organisation.

See also

References

  1. McKeown, Mark. "About Us". Mutual Energy. Retrieved 2023-08-05.
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