National Grid sells 60% of its gas business for £4.2bn

A consortium including Macquarie Asset Management will now have the majority interest in NGG

Solar provides backup power to Ukrainian gas transmission stations

The war in Ukraine has accelerated solar panel installation to ensure autonomous power for gas distribution stations

Ofgem reviews £268m National Grid allowance

Ofgem has announced a review into the £268.3 million allowance for National Grid’s gas transmission subsidiary. The allowance, which runs from 2013 to 2021, is for providing capacity at the Fleetwood entry point to the national high pressure gas pipeline in Lancashire. National Grid Gas Transmission (NGGT) is required by its licence to offer 650GWh/day […]