RenewableUK announces election of four board members
RenewableUK has appointed four members to its board from companies including GE, National Grid and ScottishPower.
Articles tagged with: National Grid
National Grid’s profit surges to £4.4bn as WPD acquisition boosts company
National Grid’s statutory operating profit was up 82% for the 2021/22 financial year to £4.4 billion, boosted by the acquisition of Western Power Distribution (WPD).
National Grid to pay back £200m of interconnector revenue early due to energy crisis
National Grid is to pay back £200 million of interconnector revenues ahead of schedule amidst the energy crisis.
National Grid sells stake in gas business as it pivots to electricity
National Grid has continued its shift towards electricity as it targets net zero, through the sale of a 60% equity interest in its UK gas transmission and metering business.
National Grid targets ‘significant growth opportunities’ as underlying operating profit rises 47%
National Grid has seen its underlying operating profit rise 47% to £1.4 billion for the six months ended 30 September as it focuses on delivering “critical and green investment”.
National Grid to explore potential of 5G for decarbonising energy networks
National Grid has teamed up with UK authority on advanced digital technology Digital Catapult to explore how the adoption of 5G within the electricity and gas transmission networks could help deliver net zero.
Fire-damaged IFA1 to not return to full capacity until Oct 2023 due to 'extensive work' required
National Grid has pushed back its expectation of when the IFA1 interconnector with France will be operating at its full 2GW capacity again.
Pivot Power 50MW battery the first tertiary connection to export to the grid
Pivot Power’s 50MW/50MWh lithium-ion battery storage site in Oxford is the first tertiary connection in the country to export to the grid.
Onshore renewables key as National Grid lays out pathways for net zero in South Wales
Onshore wind and solar energy need to be increased in South Wales to enable a net zero energy system in the region by 2050.