OFGEM Ofgem launch substation investigation (8058F)

TIDM46QK

RNS Number : 8058F

OFGEM

24 March 2022

Ofgem launches investigation into National Grid Electricity Transmission plc (NGET) in respect of its activities at an electrical substation in Cumbria

Ofgem is launching an investigation into whether National Grid Electricity Transmission plc (NGET) breached rules concerning its maintenance of the Harker electrical substation in Cumbria.

NGET owns the high-voltage electricity transmission network in England and Wales, including the Harker substation.

The opening of this investigation does not imply that we have made any findings about possible non-compliance by NGET.

Notes to editors

1. We are investigating NGET's potential breach of Sections 9(2)(a) and 9(2)(b) of the Electricity Act 1989, which concern NGET's duty to develop and maintain an efficient, co-ordinated, and economical system of electricity transmission and facilitate competition in the supply and generation of electricity.

2. In addition, we are investigating a potential Standard Licence Condition (SLC) breach of the Transmission Licence: SLC B7 - the obligation to secure that the licensee has available to it such resources to ensure that it is at all times able to properly and efficiently carry on the transmission business and to comply in all respects with its obligations under the Electricity Transmission licence and the Electricity Act that apply to the transmission business.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IRSEXLFLLXLZBBZ

(END) Dow Jones Newswires

March 24, 2022 06:00 ET (10:00 GMT)

Nat.grid3.589%� (LSE:46QK)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024