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Stock impact report

Ofgem starts probe of National Grid unit over demand forecasting [Seeking Alpha]

National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG) 
US:NYSE Investor Relations: investors.nationalgrid.com
Company Research Source: Seeking Alpha
Ofgem starts probe of National Grid unit over demand forecastingU.K. energy regulator Ofgem says it haslaunched an investigation into National Grid's (NGG) demand forecasting for the U.K. electricity market, while also noting that the move does not mean it has found any non-compliance issues.Ofgem says the probe will examine whether National Grid Electricity Transmission breached rules relating to its duty to operate the system in an economic and efficient manner, which includes producing and publishing appropriate demand forecasts.National Grid Electricity Transmission is the system operator for the electricity transmission network in England, Scotland and Wales.Click to subscribe to real-time analytics on NGGNow read:National Grid plc 2018 Q4 - Results - Earnings Call Slides » Show less Read more
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