National Grid (LSE: NG; NYSE:NGG) is an electricity and gas company that connects consumers to energy sources through its networks. The company is at the heart of one of the greatest challenges facing our society - to create new, sustainable energy solutions for the future and developing an energy system that underpins economic prosperity in the 21st century. National Grid holds a vital position at the center of the energy system and it ‘joins everything up’.
In the northeast US, we connect more than seven million gas and electric customers to vital energy sources, essential for our modern lifestyles. In Great Britain, we run the gas and electricity systems that our society is built on, delivering gas and electricity across the country.
National Grid delivers electricity to approximately 3.3 million customers in Massachusetts, New Hampshire, New York and Rhode Island. It manages the electricity network on Long Island under an agreement with the Long Island Power Authority (LIPA), and owns over 4,000 megawatts of contracted electricity generation, providing power to over one million LIPA customers. It is the largest distributor of natural gas in northeastern U.S., serving approximately 3.4 million customers in New York, Massachusetts, New Hampshire and Rhode Island.
Gas Distribution Asset Management Policy
FERC Order 720 Compliance
The Federal Energy Regulatory Commission requires major non-interstate national gas pipelines such as National Grid to post daily information regarding their capacity, scheduled flow volumes and actual flow volumes at major receipt and delivery points. The posting process is intended to facilitate price transparency in markets for the sale or transportation of physical natural gas in interstate commerce. The information within this website is intended to meet the reporting requirements outlined in Section 23 of the Natural Gas Act 18 CFR Part 284.
The FERC Order 720 compliance reports can be found here
A smart grid is an "intelligent" electricity distribution network that uses two-way communications, advanced sensors and controls, advanced meters, and computers that can help reduce customers' energy use, improve the efficiency and reliability of the electricity grid, facilitate the connection of distributed generation facilities to the system, and optimize the integration of renewable energy systems. It also includes in-home energy management systems and intelligent controls in appliances, giving consumers more choice and control over how and when electricity is used, which can save money and help National Grid operate its electricity network more efficiently and reliably for the benefit of all its customers. We expect the Smart Grid to play an important role in reducing greenhouse gas emissions and other pollutants, especially in how it can facilitate the connection of large amounts of renewable energy—more than is possible with the current electricity distribution system. It is also expected to be an important enabler for electric vehicles and plug-in hybrid vehicles, two promising technologies that can help dramatically reduce oil consumption.
Our Smart Grid Vision
National Grid's vision is to deploy Smart Grid technology in order to optimize the flow of green energy resources, enhance the performance of the electric distribution grid, and provide customers with the ability to make informed decisions about how they use energy.
A Smart Grid will be the fundamental service platform for future years. It will help towards reducing energy consumption and greenhouse gas emissions while enhancing the reliability of National Grid's infrastructure.
This service platform will provide and act as a catalyst for current green technologies (e.g., energy efficiency, demand response) and the emerging next generation of green technologies (e.g., photovoltaic, energy storage, plug-in hybrid electric vehicles) that National Grid believes are essential to meet societal and customers' future needs.
A Smart Grid will provide customers with choice over how the electricity they use is generated and control over how and when they use energy in their homes and businesses. Through this redefined relationship with National Grid, customers will be able to participate in the power of action and contribute to a sustainable future.
National Grid's Northeast Regional Smart Grid Deployment Program
We are pursuing a regional approach to deploying Smart Grid technology. We also believe that our approach is holistic compared to what other utilities are planning. First, rather than providing only some elements of a smart grid to our customers, our carefully designed program brings a complete, secure, scalable, "end-to-end" solution that will enable rapid scale-up in the future. Second, we are including the deployment of several clean energy technologies, to validate how these technologies will work with the Smart Grid. This will position National Grid to be able to react quickly to future developments in these transformational technologies. Third, our technical approach includes a carefully-planned Proof-of-Concept stage that will fully test and validate the technical solution before we deploy it to our customers. We are also collaborating with several northeast universities to develop academic curricula and workforce training programs to prepare the next generation of engineers and technicians to work with Smart Grid technologies.