National Grid powers to 15 per cent increase in profits of £4.6bn – but net zero investment still needed May 18, 2023 The National Grid powered a year of profits up 15 per cent to £4.6bn, off the back of major clean energy investments of £7.7bn – but it still isn’t enough to meet net zero goals. The electricity and gas company reported its year results ending March 31, saying it had been 12 months of “significant [...]
National Grid needs ‘tens of billions’ to hit net zero goals, boss warns May 14, 2023 UK's electricity network needs tens of billions of pounds of investment to hit net zero goals, says National Grid boss John Pettigrew
UK on course to miss decarbonisation goals, MPs warn April 28, 2023 The UK will fail to reach its decarbonisation goals via the grid by 2035 - unless it significantly speeds up deployment of technology.
Shell quits major UK carbon capture project – but venture insists its future is safe April 25, 2023 Shell has withdrawn from a key UK carbon capture and storage project, following National Grid's exit earlier this week.
CBI exodus: Which firms have quit or suspended their relationship with the lobby group? April 21, 2023 A slew of top firms have quit or suspended engagement with the CBI today after the lobby group was rocked by new allegations of sexual abuse.
National Grid needs competition for UK to meet energy ambitions, argues energy boss April 17, 2023 National Grid’s electricity network should be opened up to competition from private companies to speed up connections for new projects.
National Grid ‘stands down’ plan to fire up coal units amid cold snap December 12, 2022 National Grid has turned to coal in a bid to stave off fears of supply shortages this evening amid escalating fears of blackouts.
National Grid urges ‘transparency’ as it commits £40bn to UK’s energy system November 10, 2022 National Grid has called for stability in the UK’s investment climate, so it can ramp up infrastructure and help the country transition to a greener future.
National Grid will trial discounts for households to cut peak-time electricity use November 4, 2022 National Grid has set out plans to offer households discounts on electricity bills for cutting peak-time use occasionally this winter. Households are to be offered the chance to cut usage on a number of days, as the network operator hopes to dodge the last resort measure of black outs. The scheme is intended to help [...]
UK must overhaul planning to meet renewable goals, warns National Grid November 1, 2022 The UK will have to ramp up planning reform to meet its green energy goals, confirms National Grid boss John Pettigrew.