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The Latest Breaking News from National Grid

Scots households paying higher energy bills on average than those in England and Wales

EXCLUSIVE: The UK Government has been blamed for households in Scotland paying higher bills as the cost of living soars.

Daily Record

Some wind farms asked to close down during strong gales

Gusts across Britain forced some facilities for harnessing the weather to close down to prevent damage to turbines

Wales Online

Hinkley Point B owner says it will not extend life of nuclear plant

EDF Energy tells staff reactors will be shut down in summer despite concerns of blackouts later this year

The Guardian - UK

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Boris Johnson to keep coal power stations fired up as No10 can’t rule out blackouts

Government modelling warned up to six million households could be affected by power cuts this winter in a 'reasonable' worst case scenario triggered by Russia's invasion of Ukraine

Daily Mirror

FTSE rises despite weight of windfall tax on oil companies

The index notched up its best week for more than two months.

The Independent UK

Windfall tax would hit renewables investment, National Grid boss says

John Pettigrew claimed a levy on oil and gas companies could derail efforts to meet climate crisis targets

The Guardian - UK

National Grid’s profits rise to £3.4bn as cost of living crisis pushes bills higher

Energy network operator sees profits rise while households face big bill increases

The Independent UK

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Windfall tax could damage net zero push, warns National Grid CEO John Pettigrew

The boss of National Grid thinks the government should resist pressure to introduce a windfall tax on energy giants, warning a one-off levy could risk setting back net zero goals.

Evening Standard

There’s no chance of cutting bills while the private sector runs the UK energy market

All that the energy giants are interested in is profit. Public ownership – as in France – is the only answer, says public services expert David Hall

The Guardian - UK

Marvel Studios teams up with Science Museum for Black Panther exhibit

Marvel Studios has teamed up with the Science Museum for its new gallery.

Evening Standard

National Grid to pay energy customers £200m over next two years after trading electricity with Europe

The balance is normally settled every five years.

Daily Record

National Grid to use subsea cable cash to help struggling energy users

Under agreement with Ofgem, network operator will return electricity funds early

The Guardian - UK

‘My pain levels have completely dropped’: how medical marijuana changed my life

Andrea Wright, diagnosed with psoriatic arthritis and fibromyalgia, is now having a proper night’s sleep

The Guardian - UK

Ashcourt Group buys former Hull gas works site in £5.25m deal

Clough Road location 'will create significant employment opportunities which will benefit the local economy'

Birmingham Post

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The Hindu

Daily Quiz | Coal Miners’ Day

May 4 is observed as Coal Miners’ Day in India. Here’s a quiz on non-renewable resources and energy systems in India and the world

The Guardian - UK

I’ve been trying for months to get Scottish Power to disconnect my gas

I replaced my gas boiler with an electric one, but am still having to pay standing charges

Daily Mirror

When is the next Big Power Switch Off in the UK - what is it and how to take part

Brits marked their unrest with soaring energy bills with a major power switch off last week. People across the country are now being urged to take part in the next Big Power Switch Off event

Manchester Evening News

What is the Big Power Switch Off and when's it happening?

It comes as utility companies announced price increases that will leave many people out of pocket

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The Guardian - UK

National Grid to be partly nationalised to help reach net zero targets

Electricity System Operator, the division that keeps the lights on in Great Britain, will form part of a new public body

Wales Online

Solar panels: How they work, how much they cost and how much money they can save you

Rocketing energy bills have led to increased interest in solar panels - and the government is trying to encourage take-up

Evening Standard

City comment: Net zero could mean big changes for the power network

‘The current market was not designed for net zero and left unchanged will impose excessive costs to consumers,’ the National Grid Electricity Systems Operator warned recently.

Evening Standard

City comment: As Energy Security Strategy gets stuck in purgatory, overseas investors buy up British power

So, where’s that Energy Security Strategy, eh?

Evening Standard

French and Australian investors snap up UK gas and wind power assets for £7 billion

Crédit Agricole and Axa have paid £3 billion for 50% of a wind farm project off the coast of Yorkshire, while Australia’s Macquarie has led a consortium buying 60% of the UK’s gas transmission network

Birmingham Post

National Grid sells majority stake in gas network to Macquarie and BCI

The FTSE 100 business will pocket £2.2bn in cash following the deal with the Australian and Canadian investment firms

The Independent UK

National Grid sells 60% stake in gas network

Global investors have snapped up the pipeline as National Grid shifts its focus to electricity.

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