National Grid is a British multinational electricity and gas utility company, founded in 1990. The company is active in the UK and the US and owns and operates electricity transmission and distribution networks. National Grid is one of the largest investor-owned utility companies in the world. It plays a vital role in energy transition and guarantees secure and efficient supply of energy to business and households.
An upgraded and expanded electric grid serves as the backbone of the energy transition and the requirement of any realistic de-carbonation pathway. In the coming decades, grid operators like National Grid must modernise their aging infrastructure to face more extreme weather events, besides building new connections and repurpose their existing assets to handle burgeoning and more decentralised renewables generation.