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National Grid Investor Day

LONDON, October 8 /PRNewswire-FirstCall/ -- National Grid said that it was fully funded, despite the current financial crisis, and that its annual investment plan would be increased to GBP3bn and maintained at that level for the foreseeable future. Speaking at the National Grid Investor Day on October 7th 2008, Steve Holliday, Chief Executive, said: "This is a very good business, very secure returns,...

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LIPA confirms National Grid fined for customer service

National Grid this summer coughed up a $1 million fine to the Long Island Power Authority for failing a key measure of customer satisfaction in 2007, LIPA confirmed yesterday.

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National Grid to invest extra GBP2 billion by 2012

LONDON (MarketWatch) -- National Grid said Tuesday that it will invest an extra 2 billion pounds to 2012, in addition to the 16 billion pound investment already announced. This equates to a total investment programme of more than 3 billion pounds per year. Beyond 2012, the U.K. electricity grid operator expects investment will continue at least at that level for the foreseeable future. National Grid...

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'Low risk' National Grid to invest more

Steve Holliday, chief executive, will tell investors that National Grid is an 'extraordinarily low-risk business', as he attempts to remind them of the company's defensive qualities

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National Grid Wants Your Roof! Utility Looking to Install Solar Panels on Customer’s Homes & Businesses

photo: Daniel Figueroa This one’s a twist on decentralized solar power generation, the solar-as-service model of energy development, and traditional utility-owned power. National Grid has announced that is has filed preliminary paperwork to develop up to 50 MW of solar power in Massachusetts under the state’s Green Communities Act . Big deal, right? Fifty megawatts may be a drop in the energy demand...

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National Grid in £17.5bn upgrade

NATIONAL GRID will buck market conditions this week when it unveils a £17.5 billion capital-expenditure programme, one of the biggest in the UK corporate sector.

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Six months’ misery at latest roadworks

Motorists are facing six months of misery when work begins on a gas main renewal scheme in an area of Walsall on Monday. Temporary traffic signals will be in place in Goscote Lane, and drivers are warned to expect delays. Gas Alliance is replacing cast iron mains on behalf of National Grid Gas along the road which [...]

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One hundred days

Britain's energy supply capability is now so perilously thin that the blackouts could begin in just over one months time. The blackouts could began as early as the week commencing November 10, for which the National Grid has warned “that the margin of spare capacity could be as slim as 0.8 gigawatts - the equivalent of one mid-sized coal-fired power station or the electricity consumed by a city the...

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2,300 Lose Power in Quincy

QUINCY - Some 2,300 National Grid customers in North Quincy were without electricity for about an hour Monday. They lost power shortly before 5 p.m. Utility workers traced the problem to an underground cable at a substation off Newport Avenue Extension.

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National Grid says power prices may rise sharply

National Grid has given warning that there could be further sharp rises in electricity prices this winter amid mounting fears that Britain is facing a supply squeeze.

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Energy fears unfounded says National Grid

Fears of power cuts this winter are completely unfounded according to a report by National Grid the company which owns Britain's electricity and gas transmission operations.

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Winter Gas Supplies:

UK electricity supplies will be sufficient to meet demand even in harsh winter conditions, grid operator National Grid said Thursday. National gas production will be around 10% lower than in the previousyear but will be offset by increased imports, National Grid said in its Winter Outlook report. The report was published by regulator Ofgem on behalf [...]

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National Grid Flying Toward Sun

Waltham-based utility National Grid plans to install solar power generation systems on state buildings and public schools across the state.

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National Grid to build 4 solar facilities in Mass.

National Grid is planning to install solar power facilities at four sites near Boston. The utility announced Thursday that it's presenting its proposal to state regulators under the state's Green Communities Act. The act allows utilities to develop and own up to 50 megawatts of solar generating facilities by 2010.