National Grid Releases Statement on New England Governor's Call for Modernization of Regional Electric System
WALTHAM, MA – National Grid today issued a statement following the New England Governors’ call for the modernization of the regional electricity system in order to achieve their states’ respective goals for clean, affordable, and reliable electricity:
“National Grid welcomes the Governors’ push for more holistic, thoughtful energy planning as we prepare the network for deep decarbonization on behalf of our customers and communities. We’ve set our sights on net zero greenhouse gas emissions by 2050 and laid out a plan to achieve it. The transformation to net zero won’t be easy, it will require significant collaboration with policymakers and industry partners every step of the way.
We’ve already started our journey to become the most intelligent transmission network in the United States and we have a significant role to play in cohesive transmission planning for the region. National Grid is installing technologies across its transmission network that are designed to more easily integrate clean sources of energy, while enhancing the resilience and reliability of the system.
National Grid will continue to work with stakeholders on potential improvements to the competitive wholesale markets, with the goal of finding the most cost-effective and efficient path forward for supporting the clean energy resource investments required to achieve the decarbonization goals of the region.
We thank Governor Baker and Governor Raimondo for their leadership and look forward to working together to usher in the clean energy future for our New England customers.”
About National Grid
National Grid (NYSE: NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York, Massachusetts, and Rhode Island. National Grid is transforming our electricity and natural gas networks with smarter, cleaner, and more resilient energy solutions to meet the goal of reducing greenhouse gas emissions.