National Grid (NG.)

Sector:

Utilities

Index:

FTSE 100

1,132.50p
   
  • Change Today:
    -3.50p
  • 52 Week High: 1,142.50p
  • 52 Week Low: 932.00p
  • Currency: UK Pounds
  • Shares Issued: 3,721.35m
  • Volume: 1,697,984
  • Market Cap: £42,144m

Britain set to mark two months without power from coal plants

By Caoimhe Toman

Date: Tuesday 09 Jun 2020

LONDON (ShareCast) - (Sharecast News) - The UK is set to mark two months in a row without using electricity from coal fired power stations for the first time on Wednesday since the industrial revolution, the latest data from National Grid revealed.
"The exact two month mark is midnight tonight (00:00 on Wednesday 10 June), which will mark 61 days (or 1,464 hours) since the last coal generator came off the system," a spokesman for National Grid's ESO (Electricity System Operator) said via email on Tuesday.

Coal plants emit almost double the amount of carbon dioxide (CO2) as gas-fired power plants and with the new green measures implemented by the government, most coal plants are set to close by 2024 to reach net zero emissions by 2050.

Recently prices of renewable energy have fallen and there has been a weaker demand in general due to closures of factories and industries amid lockdown. This has meant that along with the levies on carbon emissions it is becoming increasingly unprofitable to run coal plants.

Use of renewable power soared over the lockdown period and May was the greenest ever month for electricity production in the UK.

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National Grid Market Data

Currency UK Pounds
Share Price 1,132.50p
Change Today -3.50p
% Change -0.31 %
52 Week High 1,142.50p
52 Week Low 932.00p
Volume 1,697,984
Shares Issued 3,721.35m
Market Cap £42,144m

National Grid Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.72% below the market average67.72% below the market average67.72% below the market average67.72% below the market average67.72% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Price Trend
13.72% above the market average13.72% above the market average13.72% above the market average13.72% above the market average13.72% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Income
44.26% above the market average44.26% above the market average44.26% above the market average44.26% above the market average44.26% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
39.00% above the market average39.00% above the market average39.00% above the market average39.00% above the market average39.00% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 3
Buy 6
Neutral 5
Sell 0
Strong Sell 0
Total 14
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

National Grid Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Nov-23 01-Jun-23
Paid 11-Jan-24 09-Aug-23
Amount 19.40p 37.60p

Trades for 20-May-2024

Time Volume / Share Price
15:27 416 @ 1,132.50p
15:27 832 @ 1,132.50p
15:27 840 @ 1,132.50p
15:27 471 @ 1,132.50p
15:27 398 @ 1,132.50p

National Grid Key Personnel

CEO John Pettigrew
CFO Andrew Agg

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