National Grid Sees US Gas Utilities as Core to Clean Energy Networks Strategy
Natural gas distribution will remain central to National Grid PLC's U.S. operations even as policy headwinds persist in the U.S. Northeast and the multinational utility company shifts toward electric transmission in its U.K. business.
The U.S. gas grid complements the company's increased focus on developing networks to support offshore wind power and green hydrogen infrastructure, according to Ben Wilson, chief strategy and external affairs officer. Wilson reaffirmed the company's commitment to distributing gas in Massachusetts and New York at the S&P Global Market Intelligence Annual Power and Gas M&A Symposium in New York City on March 30.