National Grid's Maintenance of Power Substation in Cumbria Investigated by UK Regulator -- Update
March 24 2022 - 6:57AM
Dow Jones News
By Jaime Llinares Taboada
U.K. energy regulator Ofgem said Thursday that it is launching
an investigation into whether National Grid PLC breached rules
concerning the maintenance of the Harker electrical substation in
Cumbria, England.
The British watchdog said the probe concerns the company's duty
to develop and maintain an efficient, coordinated, and economical
system of electricity transmission and facilitate competition in
the supply and generation of electricity.
Ofgem said the opening of the investigation doesn't imply that
it has made any findings about possible non-compliance by National
Grid.
"We believe that we have managed this substation in accordance
with our statutory obligations and license conditions and will
fully cooperate with the investigation in an open and transparent
manner," a National Grid spokesperson said.
National Grid Electricity Transmission PLC owns the high-voltage
power network in England and Wales.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
March 24, 2022 06:42 ET (10:42 GMT)
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