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August 04, 2015 10:45 AM ET

Electric Utilities

Company Overview of National Grid Electricity Transmission plc

Company Overview

National Grid Electricity Transmission plc owns and operates regulated electricity transmission networks in the United Kingdom. The company owns and operates high-voltage electricity transmission network in England and Wales; and operates two electricity transmission networks in Scotland. Its electricity transmission network comprises approximately 7,200 kilometers of overhead line; 1,500 kilometers of underground cable; and 336 substations. The company was incorporated in 1989 and is based in London, the United Kingdom. National Grid Electricity Transmission plc operates as a subsidiary of National Grid plc.

1-3 Strand

London,  WC2N 5EH

United Kingdom

Founded in 1989

3,270 Employees

Key Executives for National Grid Electricity Transmission plc

Head of Process - Maintain
Global Head of Business Resilience & Continuity
Head of RIIO Delivery
Head of Process - Operate the System
Head of Process - Emergency Response & Repair
Compensation as of Fiscal Year 2015.

National Grid Electricity Transmission plc Key Developments

National Grid and the Union Reaches Tentative Agreement

Three hours before a midnight strike deadline, National Grid and the union representing nearly 1,200 natural gas and power plant workers announced that a tentative agreement had been reached. The negotiations lasted 10 weeks. The union said its members are expected to vote on the tentative agreement within the next two weeks. Union members authorized a possible strike a week ago, but prospects that National Grid would dodge a walkout brightened February 13, 2015 afternoon. National Grid said it had made preparations to ensure there were no outages if it failed to reach an accord with its workers.

National Grid Presents at 8th Annual Bene Symposium, Dec-11-2014

National Grid Presents at 8th Annual Bene Symposium, Dec-11-2014 . Venue: Hilton Amsterdam Airport Schiphol Hotel, Schiphol Boulevard 701, Schiphol 1118 BN, Netherlands.

Karen Clayton Lefts National Grid UK as General Counsel and Secretary

National Grid UK general counsel and company secretary Karen Clayton has left the network in the midst of a full-scale panel review due to be finalised in April 2015. Clayton left the company in mid-September and group general counsel Alison Kay is understood to have taken over her responsibilities while the National Grid seeks a new UK GC.

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