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....Renewable sources of energy have generated more electricity than coal and gas in the UK for the first time. National Grid reported that, on Wednesday lunchtime, power from wind, solar, hydro and wood pellet burning supplied 50. ... [Read full article on BBC ]
Thursday 8th of June 2017 07:36:17 AM
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. A record amount of solar power was generated on Friday as Britain basked in sunshine and temperatures of up to 28C, the National Grid has said. ... [Read full article on BBC ]
Friday 26th of May 2017 03:05:33 PM
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....These milestones are having tangible effects. Solar cuts power demand for National Grid, reducing prices, while wind power also lowers prices. ... [Read full article on Guardian ]
Saturday 17th of June 2017 03:00:41 PM
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....Solar power has broken new records in the UK by providing nearly a quarter of the country’s electricity needs, thanks to sunny skies and relatively low summer demand. National Grid said the thousands of photovoltaic panels on rooftops and in fields across the UK were generating 8. ... [Read full article on Guardian ]
Friday 26th of May 2017 03:09:00 PM
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.... Britain was self-sufficient in gas from the North Sea until 2004 but declining domestic production means that 60% of gas is now imported. National Grid, which operates Britain’s energy networks, believes the reliance on imports could reach 93% by 2040. ... [Read full article on Guardian ]
Thursday 8th of June 2017 06:29:15 PM
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.... So we know what happened, we just need to find out why. National Grid and power suppliers in the area including SSE have stated that there was no power surge, suggesting there was an internal problem at its data centre, Boadicea House, near Heathrow. ... [Read full article on Guardian ]
Thursday 1st of June 2017 04:25:02 PM
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....“Barclays, Lloyds and Royal Bank of Scotland will be under sustained downward pressure”. Brooks adds that Labour nationalisation plans will hit companies such as United Utilities and Severn Trent, and energy firms such as Centrica, and National Grid. ... [Read full article on Daily Express ]
Wednesday 7th of June 2017 12:01:00 AM
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Latest Finance News related to National Grid

Record levels of green energy in UK create strange new world for generators image
....These milestones are having tangible effects. Solar cuts power demand for National Grid, reducing prices, while wind power also lowers prices. ...
Qatar crisis highlights rising UK energy reliance on imports image
Source : Guardian [Read Article] Thursday 8th of June 2017 06:29:15 PM
.... Britain was self-sufficient in gas from the North Sea until 2004 but declining domestic production means that 60% of gas is now imported. National Grid, which operates Britain’s energy networks, believes the reliance on imports could reach 93% by 2040. ...
Renewables provide more than half UK electricity for first time image
....Renewable sources of energy have generated more electricity than coal and gas in the UK for the first time. National Grid reported that, on Wednesday lunchtime, power from wind, solar, hydro and wood pellet burning supplied 50. ...
General Election result is make or break for investors image
Source : Daily Express [Read Article] Wednesday 7th of June 2017 12:01:00 AM
....“Barclays, Lloyds and Royal Bank of Scotland will be under sustained downward pressure”. Brooks adds that Labour nationalisation plans will hit companies such as United Utilities and Severn Trent, and energy firms such as Centrica, and National Grid. ...
Willie Walsh praises British Airways bosses after IT meltdown image
Source : Guardian [Read Article] Thursday 1st of June 2017 04:25:02 PM
.... So we know what happened, we just need to find out why. National Grid and power suppliers in the area including SSE have stated that there was no power surge, suggesting there was an internal problem at its data centre, Boadicea House, near Heathrow. ...
Solar power breaks UK records thanks to sunny weather image
Source : Guardian [Read Article] Friday 26th of May 2017 03:09:00 PM
....Solar power has broken new records in the UK by providing nearly a quarter of the country’s electricity needs, thanks to sunny skies and relatively low summer demand. National Grid said the thousands of photovoltaic panels on rooftops and in fields across the UK were generating 8. ...
UK achieves solar power record as temperatures soar image
Source : BBC [Read Article] Friday 26th of May 2017 03:05:33 PM
. A record amount of solar power was generated on Friday as Britain basked in sunshine and temperatures of up to 28C, the National Grid has said. ...
Charging ahead: Welsh battery scheme may aid growth of green energy image
....The project is seen as a crucial part of the jigsaw for helping wind, solar and other renewable sources go from the 25% of UK power they provide today, to the much greater share the government needs to hit its climate change targets. The batteries will not store the electricity generated by the Pen y Cymoedd windfarm with which they share a site, but will offer vital services to the National Grid to cope with the fluctuations that come from renewable power. ...
How workable – and how expensive – might Labour’s renationalisations be? image
.... Nonetheless, questions remain. Buying National Grid, which runs the UK’s energy transmission network, would cost £38bn based on its current capitalisation, though that includes its US business, which the government presumably wouldn’t want. ...
Labour and National Grid image
Source : BBC [Read Article] Thursday 11th of May 2017 03:35:47 PM
....Whether it is better to have such services provided by government or by private companies regulated by government is a matter of political opinion. National Grid's main business is moving electricity and gas round the country. ...
First coal-free day in Britain since Industrial Revolution image
Source : BBC [Read Article] Saturday 22nd of April 2017 12:44:26 AM
. Britain went a full day without using coal to generate electricity for the first time since the Industrial Revolution, the National Grid says. ...
UK set for first full day without coal power image
Source : BBC [Read Article] Friday 21st of April 2017 03:45:43 PM
. The UK is set to spend its first full day without generating electricity from coal on Friday, the National Grid says. ...
Britain set for first coal-free day since the industrial revolution image
Source : Guardian [Read Article] Friday 21st of April 2017 11:11:37 AM
. The UK is set to have its first ever working day without coal power generation since the industrial revolution on Friday, according to the National Grid. ...
UK unprepared for surge in electric car use, thinktank warns image
Source : Guardian [Read Article] Wednesday 19th of April 2017 11:01:11 PM
.... That in turn could trigger “emergency policymaking”, which Benton said would be bad for investment. The thinktank made several recommendations, including a proposal for a new independent system designer, separate from National Grid, to manage the integration of small-scale energy into the wider electricity supply network. ...
Corbyn attacks M&S and other big firms over late supplier payments image
Source : Guardian [Read Article] Tuesday 11th of April 2017 11:13:04 AM
....Labour said Corbyn’s attack on the corporations was based on analysing data from current Experian credit reports, which identified payment beyond terms, normally 30-60 days, by big companies. In the figures quoted by Labour, M&S went 72 days beyond terms, Capita 82 days and the National Grid as long as 119 days. ...
Why BlackRock wants to pay George Osborne £650,000 a year | Nils Pratley image
....55%). It is the biggest shareholder in more than half of the FTSE 100’s companies: Ashtead, Aviva, AstraZeneca, British American Tobacco, British Land, BHP Billiton, BP, Burberry, Centrica, Compass, Croda, CRH, Diageo, Direct Line, Experian, GKN, GlaxoSmithKline, Hammerson, HSBC, 3i, Imperial Brands, Intertek, Johnson Matthey, Kingfisher, Land Securities, Legal & General, Lloyds Banking Group, London Stock Exchange, Marks & Spencer, Mondi, National Grid, Next, Persimmon, Royal Dutch Shell A and B shares, Relx, Royal Mail, Randgold Resources, Sage, Shire, St James’s Place, Standard Life, Smiths Group, Scottish Mortgage Investment Trust, Smith & Nephew, Severn Trent, Tesco, Unilever, Vodafone, Worldpay, and WPP. ...
Flawed nuclear tender sees £100m payout to firms image
Source : BBC [Read Article] Monday 27th of March 2017 11:52:11 AM
....Nonetheless, its shares were down more than 4% in Monday trading after the news. The independent inquiry, which will be led by the former chief executive of National Grid, Steve Holliday, will look at how the tender process was run and why the contract awarded proved unsustainable. ...
UK nuclear decommissioning debacle costs government nearly £100m image
Source : Guardian [Read Article] Monday 27th of March 2017 09:22:20 AM
....1bn nuclear decommissioning contract. Ministers have ordered an inquiry headed by the former boss of National Grid to find out why the procurement process was so flawed. ...
UK households spent £180m on 'unnecessary' power capacity – report image
Source : Guardian [Read Article] Monday 13th of March 2017 06:01:24 AM
....Households have spent £180m over the past three years on spare power capacity that was never used, according to a report that comes as MPs prepare to debate what can be done about rising energy bills. Power stations have been put on standby over the winter since 2014 as part of the National Grid’s supplemental balancing reserve but the Energy and Climate Intelligence Unit (ECIU) has found that the scheme, which closed in February, was never used. ...
All it took was an anchor … how a storm took down half the UK's electricity link to France image
. As the waves in the Channel roiled and winds gusted at 80mph during Storm Angus last year, managers at the National Grid noticed something they’d never seen before. ...
Blackouts? What blackouts? How National Grid keeps the lights on image
Source : Guardian [Read Article] Monday 6th of February 2017 01:12:31 PM
....Despite claims that Britain is on the brink of blackouts and amid forecasts of a looming cold snap, all is calm inside the room where a score of engineers and analysts work to ensure the lights stay on. Below a huge, illuminated map of the UK’s electricity network and myriad displays, a gentle hubbub of conversation washes over the desks of the control centre in Berkshire, the chief site of three run by National Grid. ...
Ban coal from backup power subsidy scheme, says Scottish Power image
Source : Guardian [Read Article] Monday 30th of January 2017 04:16:49 PM
....She added that the government’s upcoming vision of a more flexible, smarter energy system could show how to keep electricity supplies secure without relying on “old-fashioned, unclean and unreliable” coal. Steve Holliday, the former chief executive of National Grid, which oversees the capacity market auctions, told the Guardian it was important to consider that in the future the power grid would be more flexible and capable of coping with peaks in demand. ...
MPs question post-Brexit viability of May's industrial strategy image
Source : Guardian [Read Article] Monday 23rd of January 2017 03:45:43 PM
....Ministers have tasked Sir Mark Walport, the government’s chief scientific adviser, with deciding whether the UK should establish a research centre for energy storage, batteries and new power grid technology. Energy storage is seen as a key way for the National Grid to cope with the intermittent nature of a growing amount of renewable power, which now accounts for 25% of electricity generation. ...
Batteries included: Yorkshire village seeks to solve riddle of too much sun image
Source : Guardian [Read Article] Saturday 21st of January 2017 08:00:30 AM
....“The purpose is to enable us to harness more of the solar energy that’s generated during the day, when demand for energy is low, and release it onto the network at the morning and evening peaks,” said a spokesman for UK Power Networks, the UK’s biggest network operator. “National Grid spends about £1bn a year balancing demand and supply of energy. ...
National Grid to avoid being broken up image
Source : BBC [Read Article] Thursday 12th of January 2017 09:55:39 AM
. National Grid has escaped calls to be broken up to prevent conflicts between its dual role of owning and operating key parts of the energy infrastructure. ...
Is night time the right time to use your electrical appliances? image
Source : Guardian [Read Article] Saturday 7th of January 2017 06:59:12 AM
....A small independent energy firm has launched the UK’s first variable electricity tariff, promising households significantly lower bills if they avoid using power at peak hours and run their appliances overnight. For years energy experts have suggested that smart tariffs, which price electricity according to the time of day, are the future, as they could help smooth out the peaks in demand currently faced by the National Grid. ...
Green Energy UK offers first electricity tariff based on time of day image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 04:13:51 PM
....”. Time-of-day tariffs are also seen as a way to solve potential headaches for the National Grid as more renewable but intermittent sources of power such as wind and solar are brought online. ...
Risk of Christmas electricity blackouts next year, warn MPs image
Source : Guardian [Read Article] Monday 19th of December 2016 12:50:18 AM
....Within it they claim that government targets for closing coal power stations and expanding renewable sources to hit climate change goals have rapidly reduced the UK’s generating output. This, they say, has allowed prices to shoot upwards and slashed capacity margins, which are “so tight that National Grid’s emergency power deals have become the norm”. ...
HMRC claws back celebrities' tax relief image
Source : BBC [Read Article] Thursday 15th of December 2016 12:17:51 AM
....They were marketed as shells, poised to house computer servers belonging to whoever needed somewhere to put them. A list of promised specifications included a dedicated power supply from the National Grid and security measures such as mantraps - a vestibule with two set of interlocking doors, rather than anything more brutal. ...
New battery power-storage plants scheduled to keep UK lights on image
Source : Guardian [Read Article] Friday 9th of December 2016 06:24:39 PM
....50 reached. The auction saw 52GW of capacity purchased through government subsidies in a process overseen by National Grid, the UK power system operator. ...
National Grid sells majority stake in gas pipe network image
Source : BBC [Read Article] Thursday 8th of December 2016 10:31:48 AM
. National Grid has agreed to sell a majority stake in its gas pipe network to a group of investors. ...
National Grid sells majority stake in gas division in £13.8bn deal image
Source : Guardian [Read Article] Thursday 8th of December 2016 09:48:42 AM
. National Grid has agreed to sell a majority stake in its gas pipe network to a group of investors including Chinese and Qatari sovereign wealth funds in a deal valuing the business at about £13. ...
Diesel farms make fresh bids to supply National Grid back-up power image
Source : Guardian [Read Article] Tuesday 6th of December 2016 08:25:42 AM
....The owner of Britain’s energy network is gearing up to buy more power from suppliers to ensure the country’s lights stay on, with polluting diesel generators among the providers vying for contracts. The National Grid needs back-up electricity sources that kick in when, for instance, demand is high but the weather is not breezy enough to power wind farms. ...
Ed Balls enters stage left with decent idea on central bank independence image
Source : Guardian [Read Article] Thursday 17th of November 2016 07:42:37 PM
....That is one reason why the UK wholesale price of electricity for this winter is massively higher than the forward price for next winter – about £80 a megawatt hour versus £50. There is no reason to doubt National Grid’s assurance that supplies are sufficient for this winter, but the price signal is unmistakable: the market is nervous. ...
National Grid looks to benefit from Trump infrastructure plan image
Source : Guardian [Read Article] Thursday 10th of November 2016 05:02:29 PM
. Donald Trump’s presidency could be a shot in the arm for National Grid, the operator of Britain’s electricity network of cables and pylons has said. ...
Smart energy technology 'stymied by current policy' image
Source : Guardian [Read Article] Monday 7th of November 2016 12:01:30 AM
....”. Demand response involves large energy users, such as factories, using power at times when there is less strain on the National Grid. ...
Heatwave adds to pressure on UK power networks image
Source : BBC [Read Article] Wednesday 14th of September 2016 06:25:10 PM
....The day-ahead price of electricity, the amount generators charge to put power into the UK network the next day, has rocketed in the past two days. Power stations put electricity into the National Grid's network and it is sold on to household energy suppliers. ...
Smart energy revolution 'could help to avoid UK blackouts' image
Source : BBC [Read Article] Tuesday 30th of August 2016 11:00:18 PM
. A "smart energy" revolution could help ensure that the UK does not suffer blackouts, according to National Grid's new UK chief. ...
Beat savings rate cuts: Invest for income as cash returns fall lower image
Source : Daily Express [Read Article] Thursday 18th of August 2016 04:11:00 PM
...."It's recommended that investors spread cash across a wide range of different stocks to protect income prospects. Mr Khalaf tips National Grid and Legal & General as two good share options for income searchers. ...
Why not invest in your local chippy? It could be a source of renewable energy image
....Recycled cooking oil from fish and chip shops hardly sounds like a feasible alternative to a savings account at the Halifax, but the promoters of Living Power reckon that investors can make an “effective” 8% return over the seven-year life of the scheme. Living Power takes the waste oil from restaurants and converts it into clean biofuel, which is then used to supply the National Grid with eco-friendly electricity at peak periods. ...
National Grid chair approached to oversee Trident programme image
Source : BBC [Read Article] Thursday 21st of July 2016 09:41:35 AM
. The chairman of National Grid, Sir Peter Gershon, has been approached to take control of the programme to build new nuclear submarines to replace the Trident fleet. ...
Cautious green light for fracking image
Source : BBC [Read Article] Thursday 7th of July 2016 08:32:57 AM
....Though the government is confident these conditions will be reached, a spokesman admitted that any increase in current carbon emissions in future would make current targets even more challenging. There is already a growing mismatch between the government's long-term promises on climate change and the policies to deliver carbon cuts according to the CCC and National Grid. ...

Balancing demand 'could cost National Grid £2bn’ 
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Source : Telegraph [Read Article] Sunday 26th of June 2016 11:24:24 PM
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Related to :
Energy schemes to add £100 to UK household bills within five years image
Source : Guardian [Read Article] Thursday 19th of May 2016 11:01:24 PM
....SSE, one of the big six energy companies, was criticised after it announced on Wednesday that it had kept annual retail profits steady at £455m, despite losing 370,000 customers to lower-cost competitors. National Grid, which operates pipes and pylons in England and Wales, reported on Thursday that pre-tax profits were up by 15% to £3bn in the year to March. ...
Government's plan for secure power generation 'unfit for purpose': report image
Source : Guardian [Read Article] Wednesday 30th of March 2016 11:01:36 PM
....”. National Grid, which has the job of balancing power demand and supply, said it was continuing to monitor the situation with regard to next winter. ...
Extra year for Fiddler's Ferry plant image
Source : BBC [Read Article] Wednesday 30th of March 2016 07:50:28 PM
....A coal-fired power plant earmarked for closure will remain open until March 2017, its owner SSE has announced. The decision was made on Wednesday after a contract was secured by Fiddler's Ferry in Widnes, Cheshire, to provide "ancillary services" to the National Grid. ...
National Grid leads utilities higher but Next and miners drag down FTSE image
Source : Guardian [Read Article] Thursday 24th of March 2016 10:08:01 AM
....But amid the gloom, investors are searching for havens and defensive stocks like utilities are getting the benefit. National Grid is up 6p at 989. ...
Energy secretary warns of £500m 'electric shock' after Brexit image
Source : Guardian [Read Article] Thursday 24th of March 2016 12:01:04 AM
....5m pounds each and every day,” she will say. She cited a report, commissioned by the National Grid, which she said found that leaving the EU, and exiting the internal energy market, could cost consumers £500m or more each year. ...
All you need to know about Hinkley Point image
Source : BBC [Read Article] Tuesday 22nd of March 2016 07:05:58 PM
....On its own, EDF could not take this on as it could ruin the company. The government has agreed in principle to underwrite it by giving EDF the freedom to sell off the family silver (like a stake in the French equivalent of National Grid) and it may need to raise more cash by creating efficiencies (code for sacking people). ...
National Grid pays penalty for missing gas repair targets image
Source : Guardian [Read Article] Tuesday 22nd of March 2016 12:03:29 PM
. National Grid has agreed to pay £3m to a fuel poverty charity after failing to meet gas network repair targets, Ofgem said. ...
VIDEO: Doubts raised over apprenticeship target image
Source : BBC [Read Article] Friday 11th of March 2016 08:35:03 PM
....". However Steve Holliday from National Grid is worried the move will not actually address Britain's skills shortage. ...
If we get smarter, we won’t need so much power. Tell that to British Gas image
....The CMA should have gone ahead with breaking up Centrica, SSE and the rest – not because it would have had a dramatic impact on immediate prices, although it would have helped, but because it would undermine their power base. And big six should really read big seven, because the National Grid, too, is stuck in the past and frightened of the future, just as the lights are in danger of going out because of a lack of new investment. ...
Smart energy 'could save £8bn a year' image
Source : BBC [Read Article] Friday 4th of March 2016 12:01:53 AM
....The UK could save up to £8bn a year by using electricity better, the government's infrastructure advisers say. The National Infrastructure Commission (NIC) envisages a smart energy revolution with more cables linking the National Grid to mainland Europe. ...
National Grid warns on electricity management handover image
Source : Guardian [Read Article] Thursday 3rd of March 2016 01:05:15 PM
. National Grid has warned the government that attempts to take over its role in preventing blackouts would bring further uncertainty and be of little benefit to consumers. ...
Scottish push for 'pumped hydro' power image
Source : BBC [Read Article] Monday 29th of February 2016 12:02:59 AM
....Scottish Power is planning to double the size of its hydro-electric power plant which creates and stores energy. It says the UK will need much more energy storage capacity as renewables increase on the National Grid. ...
UK energy supply forecasts 'into the red' for first time next winter image
Source : Telegraph [Read Article] Friday 26th of February 2016 06:56:46 PM
.... . Figures from National Grid show that on current plans there will not be enough power plants operating in the UK market to keep the lights on for most of December, January and February. ...
Didcot A accident: company had never knocked down a power station before image
Source : Guardian [Read Article] Thursday 25th of February 2016 08:53:21 PM
....Coleman & Company declined to comment. Its other projects include the demolition of four redundant gas holders at the Battersea power station site in central London for National Grid. ...
Britain heading for power cuts next winter, say 60 local authorities image
Source : Guardian [Read Article] Thursday 25th of February 2016 06:42:29 PM
....A group representing 60 local authorities has warned that recent closures of large power stations have left Britain heading for power cuts next winter, despite assurances to the contrary from the government. The Industrial Communities Alliance (ICA), an all-party association of councils from across Britain, said National Grid needed to act immediately to fill the supply gap by sending out new contracts for at least 2,500 megawatts (MW) of additional generating capacity – enough to power 2. ...
Funds flock to form 'super-consortium’ to bid for £11bn National Grid gas network image
. Pension funds and sovereign wealth funds are in talks to form a “super-consortium” to bid for a majority stake in National Grid’s gas distribution arm, valued at up to £11bn. ...
Power of technology will transform the way that we deliver and use energy  image
Source : Telegraph [Read Article] Saturday 20th of February 2016 03:30:44 PM
. After 15 years at National Grid, including nearly 10 as chief executive, I am stepping down next month from a job I have loved and that has given me an opportunity to play a part in the huge changes in the UK energy sector. ...
Standard Life bucks global financial volatility to post healthy profits image
Source : Telegraph [Read Article] Friday 19th of February 2016 08:34:12 AM
.... Standard Life is also joining the ranks of firms to give up reporting quarterly results, in the hope of encouraging a more long-term view of its performance. Legal & General, National Grid and Unilever are among the blue-chip firms to have scrapped quarterly figures since the requirement was axed in 2014. ...
UK business gas supplies could be diverted to households in Europe, under EU crisis plan image
.... "The solidarity principal is a proposal at this stage and would only apply to periods of absolute emergency and not to periods of general gas market tightness. We will discuss any implications of this proposal with Government and National Grid. ...
Government denies blackout risk as Rugeley coal plant unveils closure plan image
....The Staffordshire coal power plant is the latest to pull down the shutters due to low power prices and higher carbon costs, as the energy secretary, Amber Rudd, moves to phase out coal by 2025. The closure will fuel fears of a supply crunch because it removes a gigawatt (GW) of energy from the National Grid – enough to power 500,000 homes. ...
Energy supply crunch looms as Staffordshire coal plant to close image
Source : Telegraph [Read Article] Monday 8th of February 2016 06:38:31 PM
.... . A spokeswoman for National Grid, the energy system operator, said the closures will have no impact in the short term, and it has already contracted generation units totaling 3. ...
Just Eat jumps 10% after deals, as FTSE rises ahead of US jobs image
Source : Guardian [Read Article] Friday 5th of February 2016 09:57:18 AM
....4p. Defensive stocks have fallen back, with United Utilities down 5p at 939p and National Grid 6. ...
Major UK coal power plant closure 'will not lead to blackouts' image
Source : Guardian [Read Article] Thursday 4th of February 2016 03:20:35 PM
.... The Department of Energy and Climate Change said: “There will be no impact on this winter and action has already been taken to secure extra capacity for next winter. We will continue to work alongside National Grid and Ofgem to take whatever additional steps are necessary to protect our energy supply. ...
Cow poo powers up to 6,000 homes image
Source : BBC [Read Article] Thursday 4th of February 2016 12:01:08 AM
.... . Most do not realise their gas comes from a dairy farm, it is exactly the same as any other gas on the National Grid. ...
SSE to close coal-fired power units image
Source : BBC [Read Article] Wednesday 3rd of February 2016 09:15:31 PM
....The power plant provides two gigawatts of power, to the north-west of England, which is enough to supply around two million homes with electricity. A fourth unit at the plant will remain open as it has a contract to provide power for the National Grid next winter. ...
UK energy crisis deepens as SSE plans early plant closure image
Source : Telegraph [Read Article] Wednesday 3rd of February 2016 07:18:44 PM
.... . "We will continue to work alongside National Grid and Ofgem to take whatever additional steps are necessary to protect our energy supply," a spokesman for the Department of Energy and Climate Change said. ...
Energy security threat as SSE mulls early closure of coal plant image
Source : Telegraph [Read Article] Thursday 28th of January 2016 10:03:30 PM
.... . One of the four units at Fiddler's Ferry has a contract with National Grid to provide back-up power for next winter, but the other three could be in doubt, Lakis Athanasiou, analyst at Agency Partners, said. ...

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