Business/Product Analysis
National Grid (NGG) (NGGTF) owns and operates the electricity transmission network in England and Wales, it owns and operates the gas National Transmission System in Great Britain, and is Great Britain's System Operator in charge of balancing supply and demand. It also has regulated electricity and gas operations in northeastern US. National Grid Ventures is an unregulated commercial operation involved in energy transportation and storage.
In 2018/19 financial year, 50% of statutory operating profit came from US Regulated business, 27% from UK Electricity Transmission, 9% from UK Gas Transmission and 14% from National