National Grid plc is a leading energy company that specializes in owning and operating electricity and gas networks. The company’s operations are divided into four main segments: transmission and distribution in the United States and New England, operation of electricity networks for transmission operators in the United Kingdom, electricity transmission in the United Kingdom, and electricity distribution in the United Kingdom.
In terms of sales, the company generates the majority of its revenue from transmission and distribution in the United States and New England, which accounts for 50.6% of its net sales. The company’s operations in the UK, including transmission and distribution, account for a significant 45.7% of its net sales.
The company’s UK operations are extensive, with a network of over 7,000 km of overhead power lines and over 300 substations, and a distribution network of 220,000 km of overhead lines and underground cables, and more than 185,000 substations. The company also has a range of other activities, including telecom and interconnection activities among the various domestic electrical networks, and liquefied natural gas storage activities, among others, which account for 7.9% of its net sales.
Geographically, the company’s net sales are split almost evenly between the UK (45.7%) and the US (54.3%). This suggests that the company has a significant presence in both regions and is a major player in the energy market in both the UK and the US.