National Grid Plc - Company Profile
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National Grid Plc (National Grid) is an energy utility, which transmits and distributes electricity and natural gas. The company owns and operates electricity and gas transmission and distribution networks, and also serves as a transmission owner and system operator. It provides installation and maintenance services to electricity metering and LNG suppliers; develops and operates electricity interconnectors and carries out LNG storage; and insurance and corporate activities. National Grid operates an energy monopoly entity regulated by Ofgem. It also builds sub-sea electricity interconnectors to join the UK to renewable energy on the continent. The company has operations in the UK and North Eastern US. National Grid is headquartered in London, England, the UK.
Headquarters
United Kingdom
Address
1-3 Strand, London, England, WC2N5EH
Website
www.nationalgrid.com
Telephone
44 020 70043000
No of Employees
31,275
Industry
Power
Ticker Symbol & Exchange
NG. (LON)
Revenue (2022)
$26.7B
18.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
231.4%
(2022 vs 2021)
Market Cap*
$48.4B
Net Profit Margin (2022)
XYZ
179.3%
(2022 vs 2021)
* As of and is in US$
National Grid Plc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Electricity Transmission and Distribution |
| Gas | Gas Distribution |
| Meters | Meter Reading |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company entered into a contract with Wessex Archaeology and introduced a new STEM booklet, Alfie and the Archaeologist. |
| 2024 | Plans/Strategy | In January, the company announced its plans to introduce 1,426 locations on its low voltage distribution network. |
| 2023 | Commercial Operation | In December, the company announced the commencement of commercial operations for the Viking Link electricity interconnector. |
Competitor Comparison
| Key Parameters | National Grid Plc | Centrica Plc | Duke Energy Corp | SSE Plc | Consolidated Edison Inc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United States of America | United Kingdom | United States of America |
| City | London | Windsor | Charlotte | Perth | New York |
| State/Province | England | England | North Carolina | Scotland | New York |
| No. of Employees | 31,275 | 21,014 | 27,037 | 12,180 | 14,592 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Paula Rosput Reynolds | Chairman | Executive Board | 2021 | - |
| John Pettigrew | Chief Executive Officer; Director | Executive Board | 2016 | - |
| Andy Agg | Chief Financial Officer; Director | Executive Board | 2019 | - |
| Adriana Karaboutis | Chief Information and Digital Officer | Senior Management | 2017 | - |
| Ben Wilson | Interim President - National Grid Ventures; Chief Strategy and External Affairs Officer - National Grid Ventures | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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