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Helping you make sense of the energy and water sectors

Market research & Insight

Issue 821 | National Grid Gas Transmission RIIO-2 Business Plan Event

Steven Britton Steven Britton Senior Consulting Analyst

National Grid Gas Transmission RIIO-2 Business Plan Event 3 March 2020 Assessment Headlines National Grid Gas Transmission (NGGT) presented on its RIIO-2 business plan to help stakeholders in the east of England understand its planned spending for the coming five-year period. It will spend £556mn/year, over half of which will be on maintaining the physical system in light of its ageing asset base. NGGT plans to redevelop the Bacton terminal, which commissioned in 1968. Attendees urged it to promote Bacton as a possible hub for hydrogen and carbon capture technologies, and to work with the Oil & Gas Authority and other ...

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