National Grid plc

Type	Public limited company
Traded as	LSE: NG., NYSE: NGG
Industry	Utilities
Founded	1990 (London)
Headquarters	London, United Kingdom
Key people	Sir Peter Gershon (Chairman) Steve Holliday (Chief Executive)
Products	Electricity transmission Gas distribution and transmission
Revenue	£14,343 million (2011)[1]
Operating income	£3,745 million (2011)[1]
Net income	£2,163 million (2011)[1]
Employees	27,000 (2012)[2]
Website	www.nationalgrid.com

A National Grid van working in central England

National Grid plc (LSE: NG., NYSE: NGG) is a British multinational electricity and gas utility company headquartered in London, United Kingdom. Its principal activities are in the United Kingdom and northeastern United States.

National Grid has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £22 billion as of 23 December 2011, the 22nd-largest of any company with a primary listing on the London Stock Exchange.^[3] It has a secondary listing on the New York Stock Exchange.

History[link]

Former CEGB[link]

In 1990, the transmission activities of the Central Electricity Generating Board were transferred to the National Grid Company plc, which was owned by the 12 Regional Electricity Companies (RECs) through a holding company, National Grid Group plc. The company was first listed on the London Stock Exchange in 1995.^[4] Within a year, most of the RECs had disposed of their interests.

Acquisitions[link]

In 2000, National Grid Group acquired New England Electric System and Eastern Utilities Associates.^[5]

In January 2002, National Grid Group acquired Niagara Mohawk Holdings, Inc, a New York State utility.^[6]

Merger with Transco[link]

In October of the same year, National Grid Group merged with Lattice Group plc, owner of Transco – the UK gas distribution business (Lattice demerged from BG Group in 2000).^[7] National Grid Group changed its name to National Grid Transco plc.

In 2004, National Grid Transco agreed to sell four of its regional gas distribution networks. The total cash consideration was £5.8 billion. NGT kept ownership of other four distribution networks, which comprise almost half of Great Britain's gas distribution network.

In 2005, National Grid Transco was renamed National Grid plc. On 26 July 2005 National Grid Company was renamed National Grid Electricity Transmission plc and on 10 October 2005 Transco was renamed National Grid Gas plc.^[8]

Further acquisitions[link]

In February 2006, National Grid announced that it had agreed to buy KeySpan Corporation,^[9] a gas distributor and electricity producer in the United States, for $7.3bn (£4.1bn) in cash. Around the same time, National Grid also announced the acquisition of the Southern Union Company subsidiary, New England Gas Company in Rhode Island.^[10] The acquisitions of the two natural gas delivery companies materially doubled the size of National Grid's American subsidiary, creating the second largest utility in the United States with more than 8 million customers.

The acquisition of KeySpan was completed on 24 August 2007 following government and regulatory approval and endorsement by the shareholders of the two companies.^[11]

Operations[link]

United Kingdom[link]

• National Grid Electricity Transmission plc (formerly National Grid Company) owns and operates the National Grid high-voltage electricity transmission network in England and Wales. Since 1 April 2005 it also operates the electricity transmission network in Scotland (although this is still owned by Scottish Power and Scottish & Southern Energy).
• National Grid plc part owns and operates a 2,000 Megawatt HVDC link to France (HVDC Cross-Channel) with RTE.
• National Grid plc part owns and operates a 1,000 Megawatt HVDC link to the Netherlands (BritNed) with TenneT.
• National Grid Gas plc (formerly Transco) owns and operates the gas transmission network (from terminals to distributors), known as the National Transmission System (NTS), and four distribution networks (from national network to customers): North West of England, East of England (which is split into two areas – East Anglia & East Midlands), West Midlands and London; the distribution networks were former regional divisions of British Gas.

A portion of the Art Deco façade of Niagara-Mohawk Power building, Syracuse, New York

United States[link]

• National Grid USA
  The utility operates over 9,000 miles (14,000 km) of electricity transmission and delivers electricity and natural gas to areas of the Northeast states of Massachusetts, New Hampshire, New York, Rhode Island and Vermont, serving over 3.3 million customers with electrical power and 3.4 million customers with natural gas.^[12] National Grid USA is currently headquartered in Waltham, Massachusetts in a 300,000-square-foot (28,000 m²) LEED certified "green" facility.^[12] The US subsidiary carries out its business through a number of subsidiary companies (all doing business as "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, NY, and in parts of New York City);
  • Boston Gas Company (in Massachusetts);
  • Colonial Gas Company (in Massachusetts); and
  • EnergyNorth Natural Gas, Inc (in New Hampshire).

See also[link]

• European Network of Transmission System Operators for Electricity (ENTSO-E)

References[link]

External links[link]

• Corporate site
• UK site
• US site
• Yahoo profile

Video clips[link]

• American commercial

Companies portal

Links to related articles v t e United Kingdom power companies Big Six suppliers: British Gas · EDF Energy · E.ON UK · NPower · Scottish and Southern Energy · Scottish Power Distribution companies: Northern Powergrid · SP Energy Networks · Electricity North West · EDF Energy Networks · Western Power Distribution · Scottish and Southern Energy Power Distribution · UK Power Networks Transmission companies: National Grid · Scottish Hydro Electric Transmission · SP Transmission · Scotia Gas Networks Other suppliers: Ecotricity · Good Energy · Telecom Plus · Ovo Energy · ESB International · First Utility · Opus Energy v t e FTSE 100 companies of the United Kingdom   → FTSE 250 As of 19 March 2012: Aberdeen Asset Management Admiral Group Aggreko AMEC Anglo American Antofagasta ARM Holdings Ashmore Group Associated British Foods AstraZeneca Aviva BAE Systems Barclays BG Group BHP Billiton BP British American Tobacco British Land Company British Sky Broadcasting BT Group Bunzl Burberry Group 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Vodafone Weir Group Whitbread Wolseley WPP Xstrata v t e Energy in the United Kingdom   Companies Coal Anglo American · Asia Energy · B9 Coal · BHP Billiton · Eurasian Natural Resources Corporation · Rio Tinto Group · UK Coal · Xstrata Oil and gas Integrated BG Group · BP · Royal Dutch Shell Exploration and production Afren · BHP Billiton · Cairn Energy · Centrica · Dana Petroleum · Desire Petroleum · Emerald Energy · EnQuest · Essar Energy · Falkland Oil and Gas · Hardy Oil and Gas · JKX Oil & Gas · Melrose Resources · Perenco · Premier Oil · Regal Petroleum · Rockhopper Exploration · Salamander Energy · SOCO International · Star Energy · Tullow Oil · Xtract Energy Supply Greenergy · Murco Petroleum Support Abbot Group · AMEC · Ensco · Expro · Hunting · Petrofac · Qserv · Score Group · Weir Group · WesternGeco1 · Wood Group Utilities Generation and  supply Integrated Centrica · EDF Energy1 · E.ON UK1 · RWE npower1 · Scottish Power1 · SSE Generation Drax Group · Falck Renewables · Horizon Nuclear Power1 · International Power · Vedanta Resources · Wind Prospect Supply Ecotricity · ESB International · Firmus Energy · First Utility · Good Energy · Green Energy · Opus Energy · Ovo Energy · Phoenix Natural Gas · Telecom Plus Distribution Electricity  Electricity North West1 · Northern Powergrid1 · SP Energy Networks1 · SSE Power Distribution · UK Power Networks1 · Western Power Distribution1 Gas Firmus Energy · National Grid · Northern Gas Networks · Phoenix Natural Gas · Scotia Gas Networks · Wales & West Utilities1 Transmission Electricity  National Grid2 · Scottish Hydro Electric Transmission · SP Energy Networks1 Gas National Grid Other Aggreko · APX-ENDEX · Aquamarine Power · Ecogen · EnServe · Geothermal Engineering · Mark Group · Wavegen Companies with headquarters and/or registered office in the UK but no applicable energy operations within the country shown in italics 1Ultimate parent company is not UK-based 2Integrated in the United States, no generation or supply activities in the UK   Energy sources Coal Coal Authority · Coal-fired power stations · Coal mines · Coal mining regions · Confederation of UK Coal Producers · Greenhouse gas emissions · History (Miners' strike · National Coal Board) · Open-pit coal mining Electricity Association of Electricity Producers · BritNed · East–West Interconnector · Energy switching services · Economy 7 · Economy 10 · Electricity billing (Data collector · Meter operator · Meter Point Administration Number · Meter serial number) · Green electricity · GTMA · HVDC Cross-Channel · HVDC Moyle · HVDC Norway–UK · Isle of Man to England Interconnector · National Grid (Control of the National Grid · National Grid Reserve Service · Registered power zone · TV pickup) · New Electricity Trading Arrangements · Power stations · Timeline of the electricity supply industry Nuclear Advanced gas-cooled reactor · Franco–British Nuclear Forum · Magnox · National Nuclear Laboratory · Nuclear Decommissioning Authority · Nuclear Liabilities Fund · Nuclear power stations · Office for Nuclear Regulation · Sellafield · United Kingdom Atomic Energy Authority Oil and gas BBL Pipeline · Dash for Gas · Forties pipeline system · Fuel protests · Gas infrastructure · Greenhouse gas emissions · Hydrocarbon oil duty · National Transmission System · Natural gas fields · Natural gas-fired power stations · North Sea oil · Oil & Gas UK · Oil fields · Oil-fired power stations · Oil infrastructure · Oil refineries · Petroleum revenue tax Renewables Biofuels Biodiesel · Biofuel power stations · National Non-Food Crops Centre · Renewable Fuels Agency · Renewable Transport Fuel Obligation Geothermal Geothermal power stations Hydroelectricity Hydroelectric power stations · Severn Barrage · Wave farms Solar power Wind power List of offshore wind farms · List of onshore wind farms · North Sea Offshore Grid · Wind power in Scotland   Government and regulation Organisations Carbon Trust · Cenex · Committee on Climate Change · Consumer Focus · Department of Energy and Climate Change · Department for Environment, Food and Rural Affairs · Energy Saving Trust · Environment Agency · Office of Gas and Electricity Markets · Sustainable Development Commission Legislation and initiatives Carbon Emission Reduction Target · Climate Change Act 2008 · Climate Change Agreement · Climate Change Levy · Climate Change and Sustainable Energy Act 2006 · CRC Energy Efficiency Scheme · Display Energy Certificate · Energy Performance Certificate · Fossil Fuel Levy · Low Carbon Building Programme · National Industrial Symbiosis Programme · Non-Fossil Fuel Obligation · Planning Act 2008 · Renewable Heat Incentive · Renewables Obligation · United Kingdom Climate Change Programme   Non-governmental organisations Charities and pressure groups Ashden Award · BioRegional · Campaign against Climate Change · Centre for Alternative Technology · National Energy Action · Stop Climate Chaos · Tyndall Centre Industry bodies Combined Heat and Power Association · Energy Institute · Energy Networks Association · Energy Retail Association · Green Power Forum · RenewableUK · Utilities Intermediaries Association Research Centre for Renewable Energy Systems Technology · Energy Technologies Institute · Hadley Centre for Climate Prediction and Research · NaREC · Oil Depletion Analysis Centre · UK Energy Research Centre   Energy conservation Association for the Conservation of Energy · British Energy Efficiency Federation · Close the Door campaign · Code for Sustainable Homes · Double Glazing & Conservatory Ombudsman Scheme · EcoHomes · Energy efficiency in British housing · Energy Saving Trust (Energy Saving Trust Recommended) · Greenhouse gas emissions · HTB · National Home Energy Rating Category ·  Commons

National Grid can refer to:

Electric power transmission systems[link]

• National Grid (Great Britain), the electricity transmission network of Great Britain.
• National Grid (Malaysia), the electricity transmission network of Malaysia.
• National Grid (New Zealand), the electricity transmission network of New Zealand.

Companies[link]

• National Grid plc, a United Kingdom-based utilities company with an important subsidiary in the United States
• Power Grid Corporation of India Limited

Geosurvey[link]

• National grid reference system, also known as Spatial referencing systems, a geospatial set of coordinates that are set by governments to set maps and other geographic tools with
  • The Ordnance Survey National Grid
  • The Irish national grid reference system
  • The United States National Grid

Other[link]

• National Grid for Learning, a former UK government-funded educational programme

This disambiguation page lists articles associated with the same title. If an internal link led you here, you may wish to change the link to point directly to the intended article.

This article has multiple issues. Please help improve it or discuss these issues on the talk page. This biography of a living person needs additional citations for verification. Tagged since January 2010. Its lead section may not adequately summarize its contents. Please consider expanding the lead to provide an accessible overview of the article's key points. Tagged since January 2010.

Steven John Holliday (born October 26, 1956, Exeter)^[1] is the chief executive officer of National Grid plc.^[2]

Early life[link]

He is the son of Michael and Jean Holliday.^{[citation needed]} He went to Okehampton College. He studied at the University of Nottingham, and gained a BSc in mining engineering in 1978.^[3]

Career[link]

Holliday joined Exxon in 1978, where he worked until 1997.^{[citation needed]} He was operations manager of the Fawley refinery from 1988-92.^{[citation needed]} From 1997-2000 he was a board director of British Borneo Oil and Gas, which was taken over by the Italian company Eni. He joined National Grid plc in 2001, working in gas distribution.^{[citation needed]} He has been chief executive of National Grid plc since January 2007.^[4]

In 2009 his total compensation for the role of chief executive was £2.2 million, consisting of a £929,000 annual salary and a £1,277,000 bonus.^[5]

Personal life[link]

Holliday married Kate Patterson in 1996. They have three daughters, and live in west London.^[6]

References[link]

External links[link]

• Times December 2008
• Telegraph January 2007