National Grid agrees sale of Electricity System Operator to government Energy National Grid has struck a deal to sell its Electricity System Operator (ESO) to the government for £630m, paving the way for the division to transition into public ownership. The FTSE 100 utility said on Friday that it expected the transaction to be completed on 1 October, when the government and regulator Ofgem aim to [...]
Most bought UK stocks: Nvidia leapfrogs Apple as National Grid climbs ranks Investment UK investors continued to pile into Nvidia in the second quarter of 2024, with the stock rising to become the third most popular in the country.
Ørsted: Wind energy giant invests in Tesla battery to help lower electric bills ENERGY Wind-power giant Ørsted has invested in a Tesla battery storage system for what is set to be the world's single largest offshore wind farm.
Will National Grid’s £7bn fundraise be enough for its ambitions? May 23, 2024 The new £60bn plan is ambitious, with just over half of the investment being spent in the UK, and the rest going to National Grid's US operations.
National Grid kicks off multi-billion pound capital raise to help the UK meet green targets May 23, 2024 National Grid has annocuned a bumper fund raise to help meeting its capital spending objectives.
Fossil fuel generation of UK electricity hits all-time low April 24, 2024 Energy think tank Carbon Tracker today said that on Monday, April 15th, just 2.4 per cent of UK electricity came from fossil fuel sources.
National Grid set to profit from Hunt’s full-expensing tax relief scheme April 18, 2024 The National Grid has said that it expects to report higher earnings in its full-year results on 23 May, due to new reporting methodology.
National Grid reforms set to drive returns at Gresham House Energy Storage Fund and Harmony Energy April 12, 2024 Revenues from battery energy storage systems have jumped between February and March.
Together in electric dreams: The poetic beauty of pylons April 11, 2024 There is a stoic beauty to the electricity pylon, beacons to modernity that snake across the landscape. But they have powerful enemies
Why UK consumers had to foot a £7bn (and-growing) gas bill for National Grid March 28, 2024 In 2023 alone, balancing the grid cost billpayers £2.85bn, equivalent to every electricity consumer in Britain paying an extra £80 per year.