News update from Eddie Proffitt 4/7/10

04.07.2010

National Grid Preliminary Stakeholder Consultation

The future of energy is changing and this winter National Grid will be consulting a wide range of stakeholders on what they want National Grid’s Transmission business to deliver.
This consultation is the first in a series of engagements, which will be used to help shape their business plans for 2013 and beyond. These plans will then be agreed with the energy regulator, Ofgem.

In this document they give some context around their Transmission business as well as the challenges facing the energy industry and the UK as a whole.
They ask a number of questions about the process of the consultation this winter, to which you are invited to respond via e-mail or an online questionnaire

Your views

Preliminary stakeholder consultation
• This preliminary consultation asks for your views on how they at National Grid should best engage with their stakeholders
• Alongside this document, they will conduct face-to-face interviews and hold seminars to understand what good engagement should look like
• They will put your suggestions into practice this winter, when they will consult with you on what they should deliver
• This document features a number of questions. Your views on any or all of these will be a huge help as they shape their forthcoming consultation.

About National Grid Transmission
This consultation focuses on UK gas and electricity Transmission
• In the UK, they own and operate over 15,000km of high voltage overhead electricity lines, underground cables and high pressure gas pipelines
• they transport around 1.1million GWh of gas and transmit over 300,000 GWh of electricity per year
• Transmission charges make up 2-3% of household energy bills

The future of energy
• The world is changing…
– Around 25% of existing power stations are forecast to close by 2020
– 75% of the UK’s gas is forecast to be sourced from abroad by 2020
– The UK is committed to its 2020 and 2050 environmental targets
• National Grid Transmission will be one of the key facilitators of these changes

Next steps
• 6th August – preliminary stakeholder consultation closes
• Autumn 2010 – summary of responses published
• Winter 2010 – Transmission Price Control Review stakeholder consultation
• 2011 – business plans developed and submitted to the regulator

The full consultation can be found at http://www.nationalgrid.com/NR/rdonlyres/4AB6A4D4-3129-4366-B433-A1DC0D5F87E7/41929/TPCR5PreliminaryConsultationDocument1.pdf