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47-523: Before 2014, LIPA's electric and natural gas infrastructure was run under its own name, though KeySpan operated its electric and natural gas infrastructure under a prior management contract with LIPA until 2007. KeySpan merged with National Grid USA in 2007, and National Grid began operating the electric infrastructure portion of LIPA business until 2013. Since January 1, 2014, LIPA has contracted with New Jersey–based Public Service Enterprise Group to operate LIPA's electric infrastructure on LIPA's behalf for

94-526: A New York State utility. In October 2002, National Grid Group merged with Lattice Group , owner of the Transco gas distribution business (Lattice had demerged from BG Group in 2000). National Grid Group changed its name to National Grid Transco plc. It sold the telecoms business 186K Ltd. which was acquired as part of the merger with Lattice Group for a nominal £1 to Hutchison Whampoa in December 2002. In 2004,

141-587: A level of staffing of 3 people. On December 15, 2011, LIPA selected Public Service Enterprise Group of New Jersey , the largest electric utility of that state, to take over management and operation of the electric grid from National Grid, starting in January 2014. In 2012 and 2013, LIPA and National Grid caught much media criticism in their response to Hurricane Sandy . As a result, key people at LIPA resigned including Michael Hervey, COO of LIPA, who resigned on November 13, 2012 and, though not officially confirmed as

188-828: A level of staffing of 54 people. Although Public Service Law Section 3-b grants the New York State Public Service Commission the ability to review and make recommendations in regards to LIPA's electric retail rates and spending, the NYSPSC does not have the power to set those rates or expenditure levels. It can, however, inspect LIPA's facilities, books, and records. The New York State Public Service Commission runs its own field office on Long Island to enforce this recommendation and inspection capability. On January 24, 2007, then-governor Eliot Spitzer announced that Kevin Law would replace Richard Kessel as chairman of LIPA until

235-517: A maximum power of 330 MW at a voltage of +/- 150 kV DC. The maximum current for Cross-Sound Cable is 1175 amperes . The Cross-Sound Cable is not simply a pair of underwater HVDC cables; rather it is a bundle of cables that includes the HVDC transmission lines and fiber-optic cables for phone and Internet data transfer. Construction of the Cross-Sound Cable was started in 2002 from the former site of

282-601: A number of subsidiary companies. National Grid Electricity Transmission plc (until 2005, named National Grid Company) owns and maintains the National Grid , the 275kV and 400kV electricity transmission network in England and Wales . (The electricity transmission network in Scotland is owned by ScottishPower in central and southern Scotland, and SSE plc in northern Scotland). Other subsidiaries part-own (with RTE ) and operate

329-570: A peak electric demand of 4,972 MW and New York State had a peak demand of 29,699 MW in 2017. Most of Long Island's largest power plants are operated by National Grid , which owns three major steam turbine facilities originally constructed by the Long Island Lighting Company (LILCO) in the mid-20th century. In 1998, as part of a state-brokered deal, LILCO's power generation facilities were absorbed into KeySpan Energy , with LIPA taking over transmission and delivery functions. KeySpan

376-740: A period of 12 years. National Grid handed control of the electric infrastructure portion of LIPA business to PSEG at the close of business on December 31, 2013. KeySpan still operates the natural gas infrastructure on Long Island. LIPA's Long Island electric system provides service to over 1.2 million customers in Nassau and Suffolk counties and the Rockaway Peninsula in Queens . LIPA does not own or operate any generation plants or retail natural gas assets on Long Island, although many generation plants are under contract to LIPA to meet its power supply needs. LIPA

423-636: A replacement sub-station in Wimbledon , to be completed in phases between 2018 and 2022, was their first tender to include a weighting on carbon. Laing O’Rourke was awarded the winning bid, having demonstrated plans to reduce carbon emissions by 23% along with a £3m cost saving. Their carbon saving proposal equated to taking 7,600 cars off the road for a year. As of 2019 , National Grid United States operates 8,881 miles (14,293 km) of electricity transmission and 35,560 miles (57,230 km) of gas transmission and delivers electricity and natural gas to areas of

470-461: A response to Sandy, Bruce Germano (VP of customer service) and X. Cristofer Damianos (member of the board of trustees) who resigned on November 27, 2012, and LIPA chairman Howard Steinberg who resigned on November 30, 2012. On January 9, 2013, Governor Cuomo called for the transfer of operations of LIPA in his State of the State speech. Even though the governor appoints five of the nine trustees to serve on

517-646: A secondary listing in the form of its American depositary receipts on the New York Stock Exchange . Before 1990, both the generation and transmission activities in England and Wales were under the responsibility of the Central Electricity Generating Board (CEGB). The present electricity market in the United Kingdom was built upon the breakup of the CEGB into four separate companies in

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564-664: A year in infrastructure in the United States, having increased its investments into "cleaner, greener technologies" in the previous few years. Examples of projects include an offshore wind farm in Rhode Island, and a battery storage project in Nantucket, Massachusetts. Also in 2019, the company spent $ 100 million to acquire solar and wind generation from Geronimo Energy, in partnership with Washington State Investment Board. Contract negotiations with Massachusetts gas workers represented by

611-569: A zero carbon electricity system by 2025. At the time of its announcement, National Grid was the largest energy company based in the United Kingdom to join the alliance, according to publicly available financial figures of 2018. Later in the year, the company moved ownership of its operations in the United Kingdom to Luxembourg and Hong Kong, to protect itself from Labour 's nationalisation plans. A spokesman said, "Labour's proposals for state ownership of National Grid would be highly detrimental to millions of ordinary people who either hold shares in

658-608: A £630 million buyout of its grid operation division by the government of the United Kingdom . National Grid purchased the UK's largest (by area) electricity distribution business, Western Power Distribution , from American utility company PPL in 2021. Western Power Distribution operates the electricity distribution system within the Midlands, South West and Wales, looking after the 132, 66, 33, 11, 6.6kV and LV networks comprising substations, overhead lines and underground cables. In September 2022,

705-751: Is listed as the "Owner, Operator and/or Billing Organization" for 27 electric power generation facilities located on Long Island in the 2018 NYISO Gold Book, for a total of about 5,048 megawatts (MW) of nameplate capacity. LIPA's policy is guided by a 9-member board of trustees. The LIPA management team is headed by John Rhodes who was appointed Acting CEO in March 2024. Tracey Edwards is the Chairwoman of LIPA's Board of Trustees, appointed by Governor Kathy Hochul in November 2023. In 2017, LIPA had operating expenses of $ 3.214 billion, an outstanding debt of $ 3.574 billion, and

752-461: The Cross Sound Cable , Neptune Cable , Y-49 Cable , Y-50 Cable , and Northport–Norwalk Harbor Cable . The Utility Debt Securitization Authority is a separate New York State public-benefit corporation run by a governor-appointed board of trustees that is responsible for LIPA's financial reporting. In 2017, it had operating expenses of $ 122.2 million, an outstanding debt of $ 4.262 billion, and

799-634: The New York Power Authority - see the Green Island Power Authority for comparison. A news article stated that the governor's office was reviewing the bill. National Grid USA National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in the United Kingdom, where it owns and operates electricity and natural gas transmission networks, and in

846-629: The Northeastern United States , where as well as operating transmission networks, the company produces and supplies electricity and gas, providing both to customers in New York and Massachusetts . National Grid plc is one of the largest investor-owned utility companies in the world; it has a primary listing on the London Stock Exchange where it is a constituent of the FTSE 100 Index , and

893-472: The Shoreham Nuclear Power Plant . The cable was first laid on the floor of Long Island Sound ; then a machine known as a jet plow tool used high-pressure water to fluidize the sea bed directly under the cable. The cable then fell into the liquidized trench. Concern over possible environmental impact of the buried underwater cables caused significant delay in operation. Commercial operation of

940-725: The United Steelworkers broke down in June 2018, and the company locked out more than 1,000 employees, cutting off healthcare and pay. In November 2019, the company squabbled with New York Governor Andrew Cuomo over the company's own moratorium on new natural gas hookups. Cuomo threatened "to revoke the company’s authority to operate its gas franchise in New York City and Long Island, for failing to provide customers with reliable service," according to Utility Dive . Later, in February 2020, it

987-469: The 1990s. Its generation (or upstream) activities were transferred to three generating companies — PowerGen , National Power , and Nuclear Electric (later British Energy , eventually EDF Energy )—and its transmission (or downstream) activities to the National Grid Company. In 1990, the transmission activities of the CEGB were transferred to the National Grid Company plc, which was owned by

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1034-747: The 2,000 Megawatt HVDC Cross-Channel interconnector to France, and part-own (with TenneT ) the 1,000 Megawatt BritNed HVDC interconnector to the Netherlands. National Grid Electricity System Operator (ESO) operates the electricity transmission networks in England and Wales and Scotland in its role as the transmission system operator for Great Britain, working to balance supply and demand in real time, as well as coordinating markets and auctions which ensure sufficient future supply, and exploring initiatives such as demand-side response measures to reduce peaks in electricity demand. Rulings by Ofgem in 2017 required

1081-522: The British gas distribution sector were divested between 2017 and 2019 and now operate under the Cadent Gas brand. National Grid Property Portfolio houses all land, offices and depots used for National Grid operations that are surplus to requirements or let to third parties. National Grid has issued invitations to tender which include carbon savings as one of the weighted evaluation factors. Development of

1128-613: The ESO function to be moved to a separate subsidiary, which began trading in April 2019. In 2021, Ofgem called for the creation of a fully independent operator in view of potential conflicts of interest from NG's ownership of the transmission network, and in 2022 the UK government confirmed that a fully independent public body – the Future System Operator (FSO), covering electricity and gas – would be established. Legislative provisions enabling

1175-474: The LIPA board, he cited LIPA's inability to quickly recover from Hurricane Sandy among other incidents. In May, he announced a plan to give PSEG day-to-day operations of LIPA's electric grid under a management contract. The Long Island Power Authority is the owner of the system and holder of its debt. On July 29, 2013 the state legislature passed a law implementing Governor Cuomo's plan. On January 1, 2014 PSEG rebranded

1222-557: The LIPA system "PSEG Long Island", effectively removing the LIPA name from the public eye. The 2013 LIPA Reform Act has been criticized by the New York State Comptroller for having contributed to a more expensive and less transparent retail electric service provider in LIPA. The comptroller noted that LIPA's debts have risen since its passage and in the case of transparency, noted that PSEG-LI requested three-quarters of rate case plan documents to be kept confidential, even with

1269-580: The New York State Public Service Commission's enhanced review power. The report from the comptroller's office also noted that the new New York State Public Service Commission's Long Island office is costing Long Island rate payers $ 8 million a year. A bill was introduced in 2016 that would enhance rate setting abilities by the New York State Public Service Commission. It would have also lifted a provision from state law that disallows LIPA from buying cheap hydroelectric energy directly from

1316-549: The Northeast states of Massachusetts , New York , and Rhode Island . The business serves over 20 million customers in the three states and is headquartered in Waltham, Massachusetts , in a 300,000-square-foot (28,000 m ) green facility . This subsidiary carries out its business through a number of subsidiary companies (all doing business as "National Grid"). The main ones are: As of 2019 , National Grid invests over $ 3.5 billion

1363-463: The UK gas transmission business. These transactions are subject to shareholder and regulatory approval. Separately, the company is to commence a process to sell a majority stake in its National Grid Gas distribution network. In 2022, National Grid announced plans to divest a 60% stake in its UK gas transmission and metering business to a consortium including Macquarie Asset Management and British Columbia Investment Management Corporation . The deal

1410-439: The acquisition of New England Gas Company, a Rhode Island subsidiary of Southern Union Company . The acquisitions of the two natural gas delivery companies doubled the size of National Grid's American subsidiary, creating the second largest utility in the United States with more than 8 million customers. The acquisition of KeySpan was completed on 24 August 2007, following government and regulatory approval and endorsement by

1457-556: The cable was delayed until after the August 14, 2003 blackout of much of the eastern North American power system. Immediately after the blackout, emergency permission was secured to operate the cable. The cable has since been operating and, generally, sells electricity from the New England power grid to the New York power grid. The builders and first operators of the project, TransÉnergie HQ,

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1504-439: The company or through their pension funds." The Labour Party said the "rip off" move showed the grid needed to be in public hands. In March 2021, National Grid announced it intended to purchase Western Power Distribution from PPL Corporation for £7.8 billion, and sell its Rhode Island gas and electricity network, Narragansett Electric Company, to PPL for about £2.7 billion. National Grid will also sell its majority ownership of

1551-405: The company should be split up. In December 2016, National Grid agreed to sell a 61% stake in its gas distribution business to a consortium of Macquarie Infrastructure and Real Assets, Allianz Capital Partners , Hermes Investment Management , CIC Capital Corporation, Qatar Investment Authority , Dalmore Capital and Amber Infrastructure Limited, with a further 14% stake under negotiation. The sale

1598-486: The company was found liable for a gas explosion in Transco plc v HM Advocate and subsequently fined £15 million. In August 2004, National Grid Transco agreed to sell four of its regional gas distribution networks for a total cash consideration of £5.8 billion. NGT kept ownership of four other distribution networks, which make up almost half of Great Britain's gas distribution network. In July 2005, National Grid Transco

1645-594: The company was renamed to National Grid Electricity Distribution. National Grid formerly owned National Gas (previously National Grid Gas), which owns and operates the gas transmission system in Great Britain and gas metering operations in the UK. National Grid disposed of its final 20% holding in National Gas in July 2024, with the divestment expected to complete in the first quarter of 2025. National Grid's interests in

1692-582: The creation of the FSO were included in the Energy Act 2023 . In January 2024, it was announced that the body taking on the system operator functions was to be a "new, independent public corporation" named the National Energy System Operator (NESO). NESO is expected to assume responsibility as transmission system operator for Great Britain from National Grid on 1 October 2024, after the latter agreed

1739-884: The fall, when a new chairman would be named and Law would become chief executive officer of LIPA. On October 8, 2007, Law took over as president and CEO. Kevin Law stepped down on September 1, 2010 in order to become the president of the Long Island Association . LIPA owns electric transmission and distribution lines with the following voltages: LIPA does not own or operate any generation plants or retail natural gas assets on Long Island, although many generation plants are under contract to LIPA to meet its power supply needs. The following table lists generating resources in NYISO Region K, corresponding to Long Island, with nonzero net energy generated in 2020: Percentage of local energy generated in 2020 For comparison, Long Island had

1786-551: The shareholders of the two companies. In May 2007, National Grid formed a joint venture with the Dutch transmission operator TenneT for a 260-kilometre (160 mi) 1,000 MW BritNed DC link between the Isle of Grain in Kent and Maasvlakte , near Rotterdam . The installation of the first section of cable link started on 11 September 2009, and the entire 260 km (160 mi) cable

1833-508: The twelve regional electricity companies (RECs) through a holding company , National Grid Group plc. The company was first listed on the London Stock Exchange in December 1995. With the beginning of the new millennium, National Grid pursued mergers and international acquisitions. In March 2000, National Grid Group acquired United States companies New England Electric System and Eastern Utilities Associates. In January 2002, National Grid Group acquired Niagara Mohawk Power Corporation ,

1880-418: Was accused of manipulating energy efficiency programs and overcharging residents of Rhode Island by approximately US$ 2.2 million. Cross Sound Cable The Cross-Sound Cable is a 25-mile (40 km) long bipolar high-voltage direct current (HVDC) submarine power cable between New Haven , Connecticut and Shoreham , on Long Island , in New York , United States. The Cross-Sound Cable can transmit

1927-711: Was acquired by National Grid in 2007. Most of the other larger or highly utilized plants are natural gas combined cycle power plants or waste-to-energy plants constructed by other entities between 1989 and 2009. As of 2021, the South Fork Wind Farm project is under construction, and the Empire Wind and Sunrise Wind projects are in planning, all of which are planned to connect to the Long Island power grid. In addition to locally generated power, LIPA as of 2021 receives about 40% of its power from outside Long Island via

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1974-537: Was completed in October 2010. The interconnection became operational on 1 April 2011, and by January 2012, electricity flow had mostly been from the Netherlands to the United Kingdom. The BritNed interconnection would serve as a vital link for the foreseeable European super grid project. In the spring of 2011, National Grid sold off its services in New Hampshire , after their request to increase gas and electric rates

2021-451: Was completed on 31 January 2023, forming a new entity named National Gas. The deal was worth around £2.2 billion for National Grid. In July 2023, it was announced that Macquarie acquired a further 20% stake in National Gas, taking its holding to 80%, in a deal worth a further £700 million. The Macquarie-led consortium has the option to buy the final 20% of the company on comparable terms between May and July next year. National Grid plc has

2068-607: Was completed on 31 March 2017, following clearance by the European Commission , and the resulting company was named Cadent Gas . National Grid disposed of its remaining 39% holding in Cadent Gas in June 2019. In July 2019, National Grid's Electricity System Operator arm, separately from its Electricity Transmission arm, announced its intent to join the Powering Past Coal Alliance , furthering its goal of becoming

2115-564: Was denied. In November 2015, it was announced that Steve Holliday , the CEO for ten years, would leave in March 2016 and that John Pettigrew , its executive director who joined National Grid twenty five years earlier, would succeed him. In June 2016, the Energy Select Committee argued that the company faced too many conflicts of interest, particularly with regard to its ownership of international interconnectors. The committee proposed that

2162-456: Was discovered that the company was constructing a new natural gas transmission line in Brooklyn from Brownsville to Greenpoint. Local activists have pushed back on the project questioning its necessity, safety, additional cost to customers and noting how it will work against the recently enacted New York State Climate Leadership and Community Protection Act. In the years 2012 to 2020, National Grid

2209-432: Was renamed National Grid plc. On 26 July 2005, National Grid Company was renamed National Grid Electricity Transmission plc, and on 10 October 2005, Transco was renamed National Grid Gas plc. In February 2006, National Grid announced that it had agreed to buy KeySpan Corporation, a gas distributor and electricity producer in the United States, for $ 7.3bn (£4.1bn) in cash. Around the same time, National Grid also announced

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