Tag: National Grid

National Grid announces £50 million energy support fund for this winter and next

Stuart Mitchell

National Grid has recently launched a £50 million support fund to help alleviate financial distress caused by rising energy costs. Over the next two winters, the fund will make significant donations to organisations working on the front line of the energy crisis. The fund will be targeted at charities who provide immediate, emergency financial relief to households using pre-payment energy meters; charities who fund energy efficiency measures to lower bills over the long-term; and charities providing advisory services for households who need help with energy bills, payments and debt. Money…

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SSE and National Grid pilot project to use electricity transformers to heat homes

Stuart Mitchell

SSE Energy Solutions and National Grid have today unveiled an innovative new project that could decarbonise heat networks, capturing waste heat from electricity transformers to generate hot water and space heating for homes and businesses. It is estimated that the heat recovery project will initially reduce heat network carbon emissions by more than 40% versus traditional gas-led systems. Critically, the technology offers a route to net-zero heat when applied to transformers served by 100% renewable electricity from wind or solar farms. The project has the potential to save millions of…

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National Grid Welcomes Natalie Edwards as Chief Diversity Officer

Stuart Mitchell

National Grid has welcomed Natalie Edwards to the company’s newly established Chief Diversity Officer role. Based in New York, Edwards will take on responsibility for the company’s inclusion and diversity efforts across its US and UK businesses. “At National Grid, I plan to build on the great inclusion and diversity work that has already been achieved to increase a sense of belonging at all levels,” said Chief Diversity Officer Natalie Edwards. “I want to ensure we have a culture where every employee feels seen, heard and valued for their uniqueness.”…

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National Grid Joins Low-Carbon Resources Initiative Aimed at Enabling Affordable Net Zero Path

Stuart Mitchell

National Grid has joined the Low-Carbon Resources Initiative (LCRI), a five-year initiative to develop and demonstrate key clean energy technologies and decarbonization solutions. These include clean hydrogen, bioenergy, and renewable natural gas, all potential pathways to a decarbonized future.  “The Low-Carbon Resources Initiative directly aligns with National Grid’s ambition to reach net zero by 2050,” said Badar Khan, President of National Grid, US. “If we are going to reach net zero, we need to pick up speed on developing and adopting zero carbon energy technologies. We are particularly excited about…

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National Grid to cut Scope 3 GHG emissions by 20% by 2030

Stuart Mitchell

National Grid has announced commitments to reduce Scope3 greenhouse gas emissions (GHG) emissions for the electricity and gas we sell to our customers by 20% by 2030. The target aligns to Science Based Targets Initiative’s two degrees pathway. National Grid will also reduce Scope 1 and 2 GHG by 80% by 2030, 90% by 2040, and to net zero by 2050 from a 1990 baseline. The move is part of a set of commitments announced by National Grid today in a Responsible Business Charter, which identifies where we can have…

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