Aug 26, 2019
National Grid/UK energy: dark material
National Grid, the UK transmission network, has a duty to ensure everyone has constant supply, assuming sufficient generation. Energy is a political battleground in the UK. The opposition Labour party, if given the power, has promised to nationalise utilities such as the National Grid. National Grid is required to ensure extra capacity equal to the largest generator on the system at that time. National Grid shares have far outpaced both the FTSE Utilities index and the All-Share index. Any finger-pointing at National Grid has so far made little impression.
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