National Grid (NG)
About National Grid (NG)
National Grid plc, an international electricity and gas company, plays a vital role in connecting millions of people to the energy they use. Primarily involved in the transmission and distribution of electricity and gas, National Grid ensures a stable supply of energy across various regions.
The company was established in London, United Kingdom, and has since developed a significant presence in both the UK and the US. National Grid is committed to delivering safe and reliable energy to residential and commercial customers, playing a key role in the energy sector's transition towards sustainability and innovation.
National Grid's primary focus is on the transmission and distribution of electricity and gas. This includes managing and operating infrastructure that connects energy sources to customers, ensuring a stable and efficient energy supply.
Short History of National Grid plc:
1990 - National Grid plc was formed following the privatization of the UK's electricity market.
2000s - Expansion into the US energy market, acquiring and integrating various American energy companies.
2016 - Sold a majority stake in its gas distribution business, focusing more on electricity transmission.
2020s - Increasing investment in renewable energy and infrastructure to support the transition to cleaner energy sources.