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Pin to quick picksNational Grid Share News (NG.)

Share Price Information for National Grid (NG.)

London Stock Exchange
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Share Price: 887.60
Bid: 890.20
Ask: 890.60
Change: -7.40 (-0.83%)
Spread: 0.40 (0.045%)
Open: 896.80
High: 898.60
Low: 882.80
Prev. Close: 895.00
NG. Live PriceLast checked at -

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Britain considers coal power back-up for next winter

Wed, 15th Mar 2023 12:05

LONDON, March 15 (Reuters) - Britain is considering keeping some coal plants available for back-up power to ensure sufficient electricity supplies for next winter, National Grid said on Wednesday.

Britain has a target to close its coal-fired power plants by October 2024 as part of efforts to cut emissions in line with climate goals.

Plant operators such as EDF and Drax had indicated their plants would close before this deadline but they have been kept available under contracts with National Grid as part of contingency plans for winter 2022/23 against a backdrop of record gas prices and fears of supply issues.

National Grid's Electricity System Operator said it has been asked by the government to explore potential contingency contracts for coal plants for the 2023/24 winter.

This winter the back-up coal plants have been used only once, when a cold snap swept the country in early March. (Reporting by Susanna Twidale Editing by David Goodman)

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3 Apr 2023 10:08

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31 Mar 2023 09:41

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LONDON, March 27 (Reuters) -

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24 Mar 2023 09:47

Prices rise on firm demand and French strikes

LONDON, March 24 (Reuters) - British and Dutch wholesale gas prices rose on Friday morning due to firm demand and as industrial action affected operations at French nuclear plants and liquefied natural gas (LNG) terminals.

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22 Mar 2023 11:24

Prices mixed as French strikes continue

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21 Mar 2023 10:28

Dutch benchmark rebounds but storage refill caps gains

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20 Mar 2023 09:48

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15 Mar 2023 17:16

Britain considers coal power back-up for next winter - National Grid

LONDON, March 15 (Reuters) - Britain is considering keeping some coal plants available for back-up power to ensure sufficient electricity supplies for next winter, National Grid said on Wednesday but plant operators said they are unlikely to be able to meet the request.

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