National Grid Electricity Trans.PLC

National Grid Electricity Transmission plc (NGET) operates as a regulated monopoly responsible for the transmission of electricity across the UK. It develops, maintains, and operates a high-voltage electricity network, ensuring a reliable supply and facilitating new connections. NGET generates revenue through a price control regime established by the Office of Gas and Electricity Markets (Ofgem), which links allowed revenue to the delivery of specific outputs that meet stakeholder needs. The company is involved in significant infrastructure projects aimed at enhancing network capacity and supporting the transition to renewable energy sources.

National Grid Electricity Transmission plc (NGET) operates as a regulated monopoly responsible for the transmission of electricity across the UK. It develops, maintains, and operates a high-voltage electricity network, ensuring a reliable supply and facilitating new connections. NGET generates revenue through a price control regime established by the Office of Gas and Electricity Markets (Ofgem), which links allowed revenue to the delivery of specific outputs that meet stakeholder needs. The company is involved in significant infrastructure projects aimed at enhancing network capacity and supporting the transition to renewable energy sources.