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National Grid PLC - NGG STOCK NEWS

Welcome to our dedicated page for National Grid PLC news (Ticker: NGG), a resource for investors and traders seeking the latest updates and insights on National Grid PLC stock.

National Grid plc (NYSE: NGG) is a British multinational electricity and gas utility company headquartered in London, England. The company focuses on the transmission and distribution of electricity and natural gas in the United Kingdom and the Northeastern United States, serving millions of customers in regions like New York, Massachusetts, and Rhode Island.

In the UK, National Grid owns and operates the electric transmission system in England and Wales. The company also manages the Grain liquefied natural gas facility and various merchant transmission lines. In a strategic move to enhance its electricity distribution capabilities, National Grid sold the bulk of its UK gas transmission business in fiscal 2023, using the proceeds to acquire PPL's UK power distribution assets.

In the United States, National Grid serves over 20 million customers, providing electricity and gas in three states. The company's extensive projects include regulated transmission and electricity generation, metering services, and advanced infrastructure investments aimed at grid modernization.

National Grid is committed to sustainability and achieving net-zero emissions. The company is actively involved in numerous projects to enhance its network's resilience and reliability while integrating more renewable energy sources. Notable initiatives include the Future Grid Project, funded by a $50 million grant from the U.S. Department of Energy, aimed at optimizing distributed energy resources (DERs) through digital technology.

News

National Grid Awarded $50 Million Federal Infrastructure Grant To Integrate More Clean Energy on the Grid

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National Grid (NGG) Awarded $50 Million Grant from U.S. Department of Energy for Future Grid Project
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National Grid and Boston Children's Museum Launch Partnership To Bring STEAM to Afterschool Programs Across Massachusetts

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National Grid (NG) Announces Three-Year Community Partnership with Boston Children's Museum to Create STEAM Program for Afterschool Educators, Focused on Underrepresented Communities. The $500,000 Financial Commitment Will Bring Professional Development Opportunities and Hands-On Learning to Children in Massachusetts.
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Worcester Business Journal Honors National Grid’s Damaris Dominguez With an “Outstanding Women in Business Award”

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National Grid employee Damaris Dominguez has been honored as an Outstanding Woman in Business by the Worcester Business Journal. Dominguez and her team provided support to customers during a time of high energy bills, offering one-on-one interaction and organizing Customer Savings Events. She also works with local institutions and serves as Vice Chair for the Good Neighbor Energy Fund.
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Biden-Harris Administration selects National Grid's Twin States Clean Energy Link as part of $1.3 billion commitment to build out nation's transmission infrastructure

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The U.S. Department of Energy has selected National Grid's Twin States Clean Energy Link as one of three projects to receive investment through the U.S. Bipartisan Infrastructure Law's Transmission Facilitation Program. The project aims to support New England's climate, clean energy, and energy security goals. It is projected to deliver 1,200 MW of clean energy from Canada to New England, lower costs for customers, create $8.3 billion in energy market cost savings over 12 years, generate hundreds of millions of dollars in new property tax revenues, and create 1,200 jobs during construction.
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National Grid Awarded $50 Million Federal Infrastructure Grant to Integrate More Clean Energy on the Grid

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National Grid receives $50 million grant from the U.S. Department of Energy for a project to optimize the use of distributed energy resources and improve electric system reliability.
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Readying the Northeastern U.S. for Electric Trucks: National Grid to Build DOE Funded Roadmap

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National Grid announces a landmark study to support the electrification of commercial fleets in the U.S. Northeast. The study will develop a charging plan for trucking routes across nearly 3,000 miles of major highways, focusing on areas with heavy trucking traffic and commercial activity. It aims to guide investment and policy decisions for the electrification of the largest emitting sector in the Northeast's economy.
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National Grid Hosts Student “Takeover” Ahead of International Day of the Girl

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National Grid demonstrates support for opportunities and advancement for girls and women within the energy industry through 'Girls Takeover' initiative
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National Grid Hosts Student "Takeover" Ahead of International Day of the Girl

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National Grid partners with Plan International USA for 'Girls Takeover' initiative, demonstrating support for gender equality in the energy industry. Company aims for 50% female representation in new talent recruitment and senior leadership by 2025.
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National Grid and Hitachi Energy Transportation Decarbonization Study Highlights Path to Readying the Grid for Electric Fleets

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A study by National Grid and Hitachi Energy emphasizes the need for proactive planning and strategic investment to ensure the grid is ready for electrification of medium and heavy-duty vehicles (MHDVs). When 10% of MHDVs electrify, peak electric demand on the case study feeder will nearly double. The study provides three infrastructure strategies to meet the identified needs. Utilities should consider each location's near and long-term needs and existing capacity on the grid. National Grid has submitted a Future Grid plan in Massachusetts to upgrade the grid and enable the ability to charge 1.1 million EVs by 2030.
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National Grid Project C Commitment Kicks Off Third Year with More than 2,000 Employee Volunteers Giving Back to Communities across New York

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National Grid's Project C initiative expands annual day of service to a week of service with 2,000 employee volunteers engaging in 200 events across New York. The program supports people and communities by revitalizing neighborhoods, investing in beautification programs, supporting climate justice and social equity, and assisting small businesses and local families.
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FAQ

What is the current stock price of National Grid PLC (NGG)?

The current stock price of National Grid PLC (NGG) is $62.75 as of November 15, 2024.

What is the market cap of National Grid PLC (NGG)?

The market cap of National Grid PLC (NGG) is approximately 61.1B.

Stock NGG logo
National Grid PLC

NYSE:NGG

NGG Rankings

#228 Ranked by Market Cap
#956 Ranked by Dividends

NGG Stock Data

61.14B
4.89B
0.01%
4.44%
0.09%
Utilities - Regulated Electric
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