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National Grid

  • Heathrow ‘responded well’ to power outage despite sleeping CEO, report says

    May 28, 2025

    Heathrow Airport “responded well” to the power outage incident in March despite its chief executive sleeping through a key decision on whether to stop operations, an internal review, commissioned by the airport, found. More than 200,000 passengers around the world faced disruption as Heathrow opted to stop operations following a fire at the nearby North [...]

  • Hercules PLC: Powering Britain’s infrastructure ambitions

    May 21, 2025

    The UK stands on the cusp of an unprecedented infrastructure revolution. With governmental commitments indicating significant investment (plans previously cited at £700bn-£750bn), the nation is poised to transform its transport networks, energy systems, and digital infrastructure.  This undertaking will not only require capital but also a large, skilled workforce that can adapt to the nation’s [...]

  • National Grid profit jumps by a fifth despite record investment

    May 15, 2025

    National Grid’s annual profits rose by a fifth as it lauded stable growth against a backdrop of “international economic uncertainty.” On an underlying basis, pre-tax profit increased 20 per cent to £3.7bn over the 12 months ended 31 March. Earnings per share rose two per cent to 73.3p, ahead of previous guidance. National Grid announced [...]

  • Power restored to Heathrow terminals seven hours before flights resumed

    May 8, 2025

    Power was restored to Heathrow airport’s terminals seven hours before flights resumed on the day it was closed because of a substation fire, an investigation has found. An interim report by the National Energy System Operator (Neso) found the flow of electricity to all four of the west London airport’s passenger terminals was restarted by [...]

  • National Grid appoints Shell director to replace chief executive

    May 1, 2025

    National Grid has unveiled plans for the appointment of a top executive at Shell to replace its current boss, John Pettigrew. Zoë Yujnovich, a former director of integrated gas and upstream at Shell, will net a base salary of £1.3m per year when she takes charge of the UK’s electricity network later this year. She [...]

  • Grid connection for clean energy firms to be fast-tracked, ministers say

    April 15, 2025

    Grid connections for businesses delivering clean energy are to be prioritised, ministers have said. The government has said so-called ‘zombie projects’ which hold up the queue for National Grid connectivity are set to be axed from the waiting list. While industries including data centres and AI, wind energy and solar projects will be accelerated for [...]

  • New £1bn west London data centre set to back soaring AI demand

    March 25, 2025

    Segro and Pure Data Centres have announced a new £1bn data centre located in London’s Park Royal, set to meet the soaring demand for digital infrastructure in the UK. The centre, backed by secretary Peter Kyle, is set for completion in 2026, with operations expected from 2029. The project will support next-generation AI and cloud [...]

  • PM’s spokesperson cannot confirm Heathrow will reopen by Saturday

    March 21, 2025

    In a multi-agency call convened by the government on the ongoing Heathrow closure, Downing Street could not say with confidence that the airport will reopen at midnight – though power has reportedly been restored to Terminal 4.  The West London airport has been shut for the whole of Friday following a nearby electrical fire at [...]

  • National Grid to sell US renewables business to Brookfield

    February 24, 2025

    National Grid has agreed to sell its US renewables business to Canada’s Brookfield Asset Management in a deal worth £1.4bn. The UK’s energy operator said the transaction would be an “important step” in long-running plans to slim down the business. National Grid sold both its Electricty System Operator (ESO) and its holdings in National Gas [...]

  • First privately financed nuclear project begins licensing

    February 17, 2025

    A US start-up has formally entered the running to build four micro-nuclear plants in South Wales without a dime from the taxpayer. Washington-based Last Energy on Monday announced confirmation from the Office for Nuclear Regulation (ONR) that it had entered the nuclear site licensing process for the plans. The ONR’s notice follows seven months of [...]

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