National Grid plc

The Hershey Company Signs Second Solar Power Purchase Agreement with National Grid Renewables

Retrieved on: 
Thursday, October 20, 2022
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MINNEAPOLIS, Oct. 20, 2022 /PRNewswire/ -- National Grid Renewables hosted project partners and landowners to celebrate the start of construction at its Copperhead Solar & Storage Project (Copperhead), a 150 megawatt (MW) solar and 100 megawatt hour (MWh) storage project in Falls County, Texas. During the groundbreaking event, National Grid Renewables also announced a 140 MW Power Purchase Agreement (PPA) with The Hershey Company for Copperhead, marking the second PPA between The Hershey Company and National Grid Renewables after The Hershey Company's Noble solar PPA was announced in 2021. Edison Energy, a global sustainability and energy advisory firm, worked with The Hershey Company on its environmental initiatives and selection of National Grid Renewables' Copperhead.

Key Points: 
  • During the groundbreaking event, National Grid Renewables also announced a 140 MW Power Purchase Agreement (PPA) with The Hershey Company for Copperhead, marking the second PPA between The Hershey Company and National Grid Renewables after The Hershey Company's Noble solar PPA was announced in 2021.
  • Edison Energy, a global sustainability and energy advisory firm, worked with The Hershey Company on its environmental initiatives and selection of National Grid Renewables' Copperhead.
  • "Together with customers like The Hershey Company, National Grid Renewables is helping to build a clean, fair and affordable energy future," stated Blake Nixon, President for National Grid Renewables.
  • National Grid Renewables supports National Grid's vision of being at the heart of a clean, fair, and affordable energy future for all.

National Grid and LineVision Deploy Largest Dynamic Line Rating Project in the United States

Retrieved on: 
Thursday, October 20, 2022
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SOMERVILLE, Mass., Oct. 20, 2022 /PRNewswire/ -- National Grid, one of the largest investor-owned utilities in the world, and LineVision, the world's only provider of non-contact overhead power line monitoring systems, announced today that LineVision's sensors will be installed on transmission lines in western New York to increase grid capacity and reduce curtailment of planned renewable generation projects. The effort will be the first instance in New York where Dynamic Line Rating technology will be used to operate transmission lines in real-time, allowing National Grid to further optimize grid performance.

Key Points: 
  • The effort will be the first instance in New York where Dynamic Line Rating technology will be used to operate transmission lines in real-time, allowing National Grid to further optimize grid performance.
  • "We are pleased to again work with LineVision to optimize and modernize our network," said Bart Franey, Vice President of Clean Energy Development in New York for National Grid.
  • "As National Grid works to meet ambitious climate goals, we are continuously looking for cost-effective ways to support the integration of renewable generation in New York.
  • National Grid is focused on building a path to a more affordable, reliable clean energy future through our fossil-free vision.

National Grid Installs LineVision's Dynamic Line Rating Sensors to Expand the Capacity of Existing Power Lines

Retrieved on: 
Thursday, October 20, 2022
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The sensors will continuously monitor the transmission lines and apply advanced analytics to calculate the Dynamic Line Rating.

Key Points: 
  • The sensors will continuously monitor the transmission lines and apply advanced analytics to calculate the Dynamic Line Rating.
  • The Dynamic Line Rating is determined by a power line's physical and electrical properties, such as size, resistance and maximum safe operating temperature, as well as the local weather conditions.
  • Electricity transmission lines have historically been operated using a "static" line rating calculated using conservative and static values for assumed weather conditions.
  • LineVision's "dynamic" line ratings determine capacity limits by combining real-time conductor properties and forecasted weather conditions, allowing for more informed grid operations and safely increasing operational limits.

Reactive Technologies Gives Energy Traders Real-Time Grid Insights with Tradenergy Analytics Platform

Retrieved on: 
Tuesday, October 18, 2022
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Reactive Technologies, the grid resilience technology company that provides the worlds most accurate measurements of grid inertia and other power grid functions, has today launched Tradenergy.

Key Points: 
  • Reactive Technologies, the grid resilience technology company that provides the worlds most accurate measurements of grid inertia and other power grid functions, has today launched Tradenergy.
  • This patented software tool provides short-term energy traders with real-time insights into grid events such as generation or interconnector trips.
  • By streamlining energy traders ability to rapidly match electricity supply to demand, Tradenergy helps maintain the resilience and reliability of power grid operations.
  • Reactive is currently offering online demonstrations of Tradenergy to energy traders and other stakeholders looking to gain grid insights and competitive advantage.

National Grid Commits $17 Million in Philanthropic Funds to Help Customers and Communities Navigate Increasing Winter Energy Prices

Retrieved on: 
Thursday, October 13, 2022
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WALTHAM, Mass. and BROOKLYN, N.Y., Oct. 13, 2022 /PRNewswire/ -- To help customers who need financial assistance, as winter energy prices are expected to rise significantly due to the global energy crisis and inflation, National Grid is committing $17 million in philanthropic funding. These funds are in addition to annual local community and philanthropic support. The funds will be distributed through National Grid and the National Grid Foundation to existing networks and community partners across Massachusetts and New York that are set up to help individuals, families and communities who need it most.

Key Points: 
  • and BROOKLYN, N.Y., Oct. 13, 2022 /PRNewswire/ -- To help customers who need financial assistance, as winter energy prices are expected to rise significantly due to the global energy crisis and inflation, National Grid is committing $17 million in philanthropic funding.
  • The funds will be distributed through National Grid and the National Grid Foundation to existing networks and community partners across Massachusetts and New York that are set up to help individuals, families and communities who need it most.
  • "Our customers are dealing with the impact of increasing prices across the board," said Helen Burt, Chief Customer Officer, National Grid.
  • That's why National Grid has launched the Winter Customer Savings Initiative to help customers reduce their energy use and save money, better manage their bills, and secure available energy assistance.

National Grid Renewables Pledges Over $1 Million Charitable Giving to Ohio Communities

Retrieved on: 
Thursday, September 29, 2022
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MINNEAPOLIS, Sept. 29, 2022 /PRNewswire/ -- Today, National Grid Renewables announced its pledge to donate over $1 million to the Ohio communities of Ross and Pickaway Counties through its 274 megawatt (MW) Yellowbud Solar Project (Yellowbud or the project). Yellowbud will support the Yellowbud Community Fund via annual donations of approximately $54,800 over a twenty-year period and will work with The Chillicothe-Ross Community Foundation (CRCF), a local nonprofit organization, to distribute the funds.

Key Points: 
  • The gifts donated by the charitable funds are above and beyond any tax revenue delivered by National Grid Renewables' projects.
  • "With the Yellowbud Community Fund, National Grid Renewables has now pledged over $8 million in charitable funding."
  • National Grid Renewables, part of the National Grid Ventures division of National Grid (NYSE: NGG), develops, owns, and operates large-scale renewable energy assets across the United States, including solar, wind, and energy storage.
  • National Grid Renewables supports National Grid's vision of being at the heart of a clean, fair, and affordable energy future for all.

To help customers address increasing energy supply prices, National Grid launches the Winter Customer Savings Initiative to provide options to manage costs and secure assistance

Retrieved on: 
Wednesday, September 21, 2022
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WALTHAM, Mass., Sept. 21, 2022 /PRNewswire/ -- National Grid recognizes that our customers are facing challenging economic times and that no one wants to see their energy bill rise. This winter heating season, National Grid is launching the Winter Customer Savings Initiative to help customers reduce their energy use and save money, better manage their bills, and secure available energy assistance.

Key Points: 
  • This winter heating season, National Grid is launching the Winter Customer Savings Initiative to help customers reduce their energy use and save money, better manage their bills, and secure available energy assistance.
  • National Grid buys energy on behalf of our customers from the wholesale market and passes through those costs without any markup or profit, so customers pay what National Grid pays for that energy.
  • National Grid is reaching out to customers to inform them of the Winter Customer Savings Initiative using multiple communications channels and through in-person Customer Energy Savings events being held across Massachusetts.
  • Similar to electric, National Grid does not profit from gas supply costs; instead, customers pay what we pay for natural gas supply.

National Grid Unveils Its Northeast Clean Energy Vision During Climate Week NYC

Retrieved on: 
Tuesday, September 20, 2022
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NEW YORK, Sept. 20, 2022 /PRNewswire/ -- National Grid kicked off Climate Week NYC 2022 by introducing a model to develop and deliver a large-scale, clean and fossil-free energy hub across the entirety of Long Island. This can serve as an innovation beacon for the region and the entire United States. A future where clean energy hubs populate the region, accelerating the clean energy future, is National Grid's Northeast Clean Energy Vision. The Long Island clean energy hub outlined in the vision will contain four key components working together:

Key Points: 
  • A future where clean energy hubs populate the region, accelerating the clean energy future, is National Grid's Northeast Clean Energy Vision.
  • Our Northeast Clean Energy Vision is about accelerating the transition to a fossil-free tomorrow affordably, safely, reliably and efficiently."
  • To learn more about National Grid's Northeast Clean Energy Vision, click here or visit https://www.nationalgrid.com/northeastvision .
  • National Grid is focused on building a path to a more affordable, reliable clean energy future through our fossil-free vision .

Nexamp Provides Non-Wires Alternative Solution for National Grid Substation in New York

Retrieved on: 
Monday, September 19, 2022
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Nexamp Non-Wires Alternative (NWA) project eliminates the need for additional transmission lines or substation upgrades.

Key Points: 
  • Nexamp Non-Wires Alternative (NWA) project eliminates the need for additional transmission lines or substation upgrades.
  • "This project is significant because it represents a number of important firsts," explained Chris Clark, Chief Development Officer, Nexamp.
  • "It is our first NWA project and is the result of a lot of hard work and collaboration between Nexamp and National Grid.
  • This project is capable of offsetting the energy needs of more than 1,000 local residents who get their electricity from National Grid.

Generac Grid Services and Pearlstone Energy to Provide Flexible Capacity to the U.K. Grid

Retrieved on: 
Thursday, September 15, 2022
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DENVER, Sept. 15, 2022 /PRNewswire/ -- Generac Grid Services, a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products, today announced that it has teamed with Pearlstone Energy Limited to provide energy management solutions to commercial and industrial facilities in the United Kingdom. Leveraging Generac Grid Services' Concerto™ software platform, Pearlstone Energy can provide its customers with cost savings, while also relieving strain on the U.K. power grid during periods of peak demand.

Key Points: 
  • Leveraging Generac Grid Services' Concerto software platform, Pearlstone Energy can provide its customers with cost savings, while also relieving strain on the U.K. power grid during periods of peak demand.
  • "Our customers rely on us to optimize their facility's energy consumption," said Dr. Azad Camyab, founder and chief executive officer of Pearlstone Energy.
  • "Generac Grid Services is thrilled to have entered the U.K. market with Pearlstone," said Jan Peter Moree, vice president of business development at Generac Grid Services.
  • Generac Grid Services is a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products.