1 year ago
52
Company makes more from electricity distribution amid long waits to connect low-carbon projects
National Grid has reported a jump in annual profits to almost £4.6bn amid growing concern that it is not connecting renewable energy projects fast enough to meet the UK’s climate targets.
The FTSE 100 monopoly said its underlying operating profits climbed by 15% to £4.58bn for the financial year ending in March compared with the 12 months before.
Continue reading...