National Grid Share Price (NG.)

There is a fundamental problem here and that is the unshakeable faith that Ofgem and our politicians have in economics and the markets. They believe that providing incentives for peak power, interconnectors etc, the grid will be fine because the money will flow to the necessary investments. Well guess what , it is not as simple as that - they have tried for 25 years to get people to switch supplier through economic incentives and it has largely failed. Generation is suffering under the same misguided idea. Bring back sir walter marshall and the cegb !

It's also their responsibility to limit the impact. Would everyone rather the whole grid failed? Systems are in place to reroute and take things offline automatically,my view is this is what happened and the fall back worked fine. Like all quangos OFGEM like to make a name for themselves but are in the whole incompetent.

NG initial denials regarding their responsibility in Fridays power cuts could well lead to large compensations - it is clearly for NG to provide sufficient contracted spinning reserve and emergency generation from the UK and abroad to back up frequency falls with such a small loss of generation. The management of the current UK system is a fraction of the high power fluctuations from our previous high energy industrial base.

https://www.thetimes.co.uk/article/national-grids-overseas-plan-to-thwart-jeremy-corbyn-v58p58jqv

https://www.thisismoney.co.uk/money/news/article-7296605/National-Grid-bosses-seek-foreign-haven-protect-company-Labours-nationalisation-threat.html

Who is promising net zero emmissions-? UK governmenton behalf of its citizens.