Hot! National Grid Plc

National Grid plc(LSE : NG. , NGG ) is a British power plus gas tool organization headquartered within London, United Kingdom. Its major activities are usually in your United Kingdom and northeastern United States.

National Grid incorporates a primary itemizing around the London Stock Exchange it is a new constituent regarding market trends capitalisation of something like 22 billion adjusted 23 December 2011, this 22nd-largest with just about any company which has a primary record on the London Stock Exchange. It provides a legitimate list of on your New York Stock Exchange .

History Background (CEGB before 1990)

Before 1990, both the new release along with transmission things to do in England and also Wales were under that obligation associated with Central Electricity Generating Board (CEGB). The present electricity current market in the UK has been constructed after that split up of the CEGB straight into four distinct organizations within the 1990s. Its technology (or upstream) pursuits were taken to about three creating organizations - 'PowerGen ', 'National Power ', plus 'EDF Energy '); along with it is transmission (or downstream) routines to - the particular National Grid Company .

National Grid along with acquisitions (1990-2000)

In 1990, this tranny pursuits with the CEGB were transported on the National Grid Company plc, that has been held by simply the actual twelve having corporation , National Grid Group plc. The company was earliest posted about that London Stock Exchange inside 1995. Within a year, almost all of the RECs had disposed of these interests.

With the start of the new millennium, National grid pursued a few important mergers plus acquisitions. In 2000, National Grid Group acquired New England Electric System in addition to Eastern Utilities Associates. In January 2002, National Grid Group procured Niagara Mohawk Holdings, Inc, a New York State utility.

In October with the same year, National Grid Group merged along with Lattice Group plc, manager of Transco that UK fuel submitter business (Lattice demerged from BG Group in 2000). National Grid Group adjusted its name to help National Grid Transco plc.

Expansion and also loan consolidation (2000-present)

In 2004, National Grid Transco decided to market four connected with it is local gas distribution networks. The whole income concern had been 5.8 billion. NGT held possession of other four submitter networks, which in turn consist of nearly 50 % with Great Britain's gas syndication network.

In 2005, National Grid Transco has been renamed National Grid plc. On 26 July 2004 National Grid Company appeared to be renamed National Grid Electricity Transmission plc and on 10 October 2004 Transco was renamed National Grid Gas plc.

In February 2006, National Grid declared that it have decided invest in KeySpan Corporation, a petrol distributor as well as power producer while in the United States, for $7.3bn ( 4.1bn) around cash. Around the same time, National Grid likewise declared your acquisition belonging to the Southern Union Company subsidiary, New England Gas Company around Rhode Island. The acquisitions on the not one but two natural energy offering companies materially doubled the size with National Grid's American subsidiary, developing the next biggest power in the United States with over eight million customers. The obtain connected with KeySpan appeared to be completed about twenty four August 2007 using federal government along with regulatory approval plus endorsement by the shareholders with the a couple of companies.

In May 2007, National grid created a joint enterprise with the actual Netherlands transmission operator Isle of Grain , Kent and Maasvlakte , in close proximity to . The installation in the first part of wire hyperlink began on 11 September 2009 , when the entire 260 km (160 mi) conductor was finished throughout October 2010. The interconnection started to be in business on a single April 2011, so when associated with January 2012, electrical energy stream features mostly been from the Netherlands towards the UK. The BritNed interconnection would certainly function to be a essential link for the not far off project.

Operations United Kingdom

National Grid Electricity Transmission plc (formerly National Grid Company) work with and works your National Grid high-voltage electric power transmission multi-level within England along with Wales. Since 1 April august 2005 that also operates that energy transmission network with Scotland (although this can be continue to owned simply by Scottish Power and Scottish & Southern Energy ).

National Grid plc component owns as well as keeps going a 2,000 Megawatt HVDC connect to France ( ) using RTE.

National Grid plc section is the owner of and manages your 1,000 Megawatt HVDC connection to that Netherlands ( ) using .

National Grid Gas plc (formerly Transco) owns along with keeps going your energy transmission system (from terminals to help distributors), known as the actual National Transmission System (NTS), along with some supply sites (from national multi-level that will customers): North West with England, East associated with England (which can be break in to two areas East Anglia & East Midlands), West Midlands and London; that distribution cpa networks were past regional sections connected with .

United States

National Grid USA The utility manages more than 9,000 miles (14,000 km) with electricity transmission as well as generates electrical power as well as natural gas in order to instances that Northeast states connected with Massachusetts , New Hampshire , New York , energy plus 3.4 million consumers along with healthy gas. National Grid USA is definitely currently headquartered throughout LEED certified "green" facility. The US subsidiary carries available it has the business by way of a lots of subsidiary companies (all performing since "National Grid"). The main ones are:

New England Power Company;

Massachusetts Electric Company (in Massachusetts);

Nantucket Electric (in Massachusetts);

The Narragansett Electric Company (in Rhode Island);

Granite State Electric Company (in New Hampshire);

Niagara Mohawk Power Corporation (in New York State );

KeySpan Corporation (on Long Island , , and throughout elements of New York City);

Boston Gas Company (in Massachusetts);

Colonial Gas Company (in Massachusetts); and

EnergyNorth Natural Gas, Inc (in New Hampshire).

See also

(ENTSO-E)

References

. National Grid. Retrieved 15 March 2012.

. stockchallenge.co.uk. Retrieved 26 December 2011.

. BBC News. 26 January 1999. Retrieved 18 April 2011.

. Findarticles.com. Retrieved 18 April 2011.

. Retrieved 18 April 2011.

. Nationalgridus.com. 27 February 2006. Retrieved eighteen April 2011.

. Projo.com. 17 February 2006. Retrieved 18 April 2011.

. BBC News. 27 February 2006. Retrieved eighteen April 2011.

(PDF) (Press release). Global Marine Systems. 2010-10-27. Retrieved 2011-01-13.

. Retrieved 2011-03-11.

(Press release). TenneT. 2011-04-01. Retrieved 2011-04-01.

Justin Wilkes et al. p22 , January 2012. Accessed: 26 March 2012.

Turner, Greg (4 December 2007). . The Daily News Tribune ( : GateHouse Media, Inc.). Retrieved tough luck August 2008.

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Companies listed on this New York Stock Exchange

Electric electrical power transmission program operators in Europe

National Grid (UK)

Companies proven around 1990

Companies within Westborough, Massachusetts

Power organizations of the United Kingdom

Power firms in the United States

Electric electrical power distribution

Natural gas companies with the United States

Former nationalised business with the United Kingdom

Companies located in London

Companies established with Syracuse, New York

1990 shops while in the United Kingdom

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