Energy networks

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Electricity distribution earnings push National Grid profits to £4.6bn

National Grid has seen its profits rise to almost £4.6 billion due to the continued strong performance of its newly acquired electricity distribution business. The surge in earnings comes as electricity networks find themselves in the spotlight over the extremely long wait times for new connections to the power grid. Utility Week spoke to National Grid chief financial officer Andy Agg about its efforts to speed up connections.

2 years ago

DWP open to sharing data with utilities

2 years ago

Slade: We need regulatory air cover for connections overhaul

2 years ago

Ofgem moots ‘controlled access’ to connections queue

2 years ago

National Grid backs ‘tighter thresholds’ for transmission connections

2 years ago

SGN and Wood accelerate hydrogen plans

2 years ago

First demand turn-up flexibility contracts awarded by UKPN

2 years ago

Weekend press round-up: Energy bills will fall in six weeks, Shapps predicts

2 years ago

Delivering net zero: The difficult questions we need to ask

2 years ago

UK’s first geothermal heat network wins funding

A scheme to warm thousands of Cornish homes with heat extracted from rocks more than 5 kilometres below the earth’s surface has been awarded £22 million of government funding. The Langarth deep geothermal heat network – the first of its kind in the UK - is one of seven projects to receive a share of £91 million handed out from the government’s Green Heat Network Fund.

2 years ago

A decentralised, data-driven energy system is built on trust

2 years ago

ESO should explore locational price signals for DFS

2 years ago

RWE’s Tom Glover warns against market revolution

2 years ago

Government introduces powers to cut network charges for industry

2 years ago

Smarter assets for resilient infrastructure

2 years ago

Weekend press: Water company dividends jump to £1.4bn

2 years ago

Solar farm connects to transmission network in UK first

2 years ago

Safety focus can unlock high performance

2 years ago

70GW solar target risks being missed, MPs warn

The government faces a "considerable shortfall" in meeting its target to install 70GW of solar generation by 2035, a cross party group of MPs has warned energy secretary Grant Shapps. To address the predicted shortfall the Environment Audit Committee has called on Shapps to remove existing barriers to solar installations.

2 years ago

Plan your visit to Utility Week Live 2023

2 years ago