In this section, you can find out about National Grid’s purpose, vision, strategy and values. Read about our people, our financial performance, corporate governance and our history.
National Grid lies at the heart of a transforming energy system.
Our business areas play a vital role in connecting millions of people to the energy they use, while continually seeking ways to make the energy system cleaner. National Grid Ventures and National Grid Partners also enable innovations to help revolutionise and decarbonise the future of energy.
Demand and supply for clean, secure energy is accelerating. It’s a big challenge that requires a big response.
We’re investing £60 billion over the next 5 years across the UK and Northeast US, to deliver the energy transition and remain at the heart of a clean, fair and affordable energy future.
We receive a lot of questions about how your household energy bills are made up, and which parts of your bill relate to National Grid.
The bill you receive from your energy supplier is made up of a number of separate charges. Some of these charges are based on the different stages through which electricity makes its way from the producers to your home, so we explain this journey and where National Grid fits in.
To achieve our vision of being at the heart of a clean, fair and affordable energy future in a focused way we have a strategy that sets the bounds of our business. Guiding our efforts within this are five strategic priorities. We explain each one below.
We have a pivotal role in enabling the energy transition across all sectors of the economy through our networks. We work with policymakers, regulators and the wider industry to shape policy and regulatory frameworks needed to reach net zero by 2050.
We will scale a once-in-a-generation increase in capacity to connect to, and transport electricity across, our networks. We will modernise our electricity networks to improve capacity, visibility, security and reliability.
We will deliver a sustainable transition for our US gas networks.
We will provide excellent service to all our customers, ensuring they can connect to the network in a timely fashion, that their energy provision is reliable and that we are easy to do business with.
Our priority is to keep our colleagues safe. Being efficient means we play our part in making the energy transition affordable by investing in the right projects and solutions, and delivering them on (or ahead of) time and budget.
All of this is enabled by our people. The energy transition is happening right now, so we need to build tomorrow’s workforce today, with the diverse talent and skills needed to deliver our vision. Our ambition is to be the employer of choice for people who want to have a career in a company where they can have a clear and positive impact on the energy transition.
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