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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  National Grid plc    NG.   GB00BDR05C01

NATIONAL GRID PLC

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National Grid : Releases Statement on New England Governors' Call for Modernization of Regional Electric System

10/15/2020 | 12:15pm EST
National Grid Releases Statement on New England Governors' Call for Modernization of Regional Electric System Oct 15, 2020 - 12:00 PM

CONTACT: Media Relations - 781-907-3980

WALTHAM, MA - National Grid today issued a statement following the New England Governors' call for the modernization of the regional electricity system in order to achieve their states' respective goals for clean, affordable, and reliable electricity:

'National Grid welcomes the Governors' push for more holistic, thoughtful energy planning as we prepare the network for deep decarbonization on behalf of our customers and communities. We've set our sights on net zero greenhouse gas emissions by 2050 and laid out a plan to achieve it. The transformation to net zero won't be easy, it will require significant collaboration with policymakers and industry partners every step of the way.

We've already started our journey to become the most intelligent transmission network in the United States and we have a significant role to play in cohesive transmission planning for the region. National Grid is installing technologies across its transmission network that are designed to more easily integrate clean sources of energy, while enhancing the resilience and reliability of the system.

National Grid will continue to work with stakeholders on potential improvements to the competitive wholesale markets, with the goal of finding the most cost-effective and efficient path forward for supporting the clean energy resource investments required to achieve the decarbonization goals of the region.

We thank Governor Baker and Governor Raimondo for their leadership and look forward to working together to usher in the clean energy future for our New England customers.'

###

About National Grid

About National Grid: National Grid (NYSE: NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York, Massachusetts, and Rhode Island. National Grid is transforming our electricity and natural gas networks with smarter, cleaner, and more resilient energy solutions to meet the goal of reducing greenhouse gas emissions.

For more information, please visit our website, follow us on Twitter, watch us on YouTube, friend us on Facebook, and find our photos on Instagram.

Disclaimer

National Grid plc published this content on 15 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2020 16:14:09 UTC


© Publicnow 2020
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