National Grid 2014 Annual Report Download - page 39

Strategic Report Corporate Governance Financial Statements Additional Information
Economic development: we installed 15 miles of
new electric circuit in Cape Ann, and reconfigured
existing circuits to release additional capacity
(morethan $15million investment).
New York
Infrastructure investment: we invested
$1,008million to enhance the resilience, efficiency
and safety of our infrastructure – $471 million
inelectric and $537 million in natural gas.
Inpartnership with the New York City Department
ofEnvironmental Protection, we launched the
Newtown Creek Renewable Gas Demonstration
project in Brooklyn. As part of our commitment to
sustainable energy solutions, Newtown Creek is the
first project in the US that directly injects renewable
gas into a local distribution system by converting
effluent from a wastewater treatment plant into biogas.
Energy efficiency: we are working with 13 institutions
and 50 public and private companies within the
Buffalo Niagara Medical Campus to enhance power
quality and reliability, as well as address other
energy and transportation challenges related to
theexpansion and development of the campus.
Gas expansion: we completed the largest oil to
natural gas conversion on Long Island, saving the
Northport VA Hospital nearly $3 million a year,
displacing 1.5 million gallons of oil annually, and
reducing carbon emissions by more than 5,000
tonnes a year.
Economic development: we provided the State
University of New York at Canton (SUNY Canton)
with a $750,000 Renewable Energy and Economic
Development incentive to help with the completion
of an on-campus wind turbine project.
Rhode Island
Infrastructure investment: we are planning to build
the underground infrastructure to provide electricity
to newly created land parcels following relocation
ofroute I-195 in Providence ($3 million investment).
Energy efficiency: Rhode Island energy efficiency
programmes will result in savings of more than
1.6million MWh of electricity and 4.37million Dth of
natural gas over the lifetime of installed measures.
The resulting reduction in carbon emissions is
equivalent to taking more than 186,700 motor
vehicles off the road for one year.
Gas expansion: the Rhode Island Public Utilities
Commission (RIPUC) approved a $3 million gas
expansion pilot programme to be included in the
FY2014 Gas Infrastructure, Safety and Reliability
(ISR) Plan.
Economic development: energy efficiency
programmes resulted in more than 540 full-time
equivalent jobs and should generate economic
benefits of more than $237 million over the life of the
installed measures (with more than $190 million from
National Grid US field
operations crew leader
Mark Harris.
electricity efficiency and more than $44 million in
benefits from natural gas efficiency).
FERC
Clean Line energy investment: Clean Line Energy
Partners is developing several long-haul HVDC
transmission lines to connect the best renewable
energy resources to communities. Five projects are
currently in development which span across states
in the Midwest and Southwest US. We are an equity
partner in these projects and the first utility to invest
with Clean Line.
DeepWater Wind: the 30 MW DeepWater Offshore
Wind Farm, located off the coast of Block Island,
Rhode Island is in development and could become
the first offshore wind farm in the US.
We are designing and constructing the approximately
20 mile submarine transmission cable from
Narragansett, Rhode Island to Block Island, Rhode
Island. The transmission cable will allow the energy
generated by the wind farm to access the mainland
Rhode Island customers and connect Block Island
Power Company (BIPCo), which will become a new
wholesale customer of National Grid, to the mainland
electric system. While the wind farm will provide
Rhode Island customers with a sustainable source
of generation, the transmission cable will allow BIPCo
to reduce itsdependence on diesel generation which
will result in significantly lower energy prices and
emissions for the residents of Block Island.
Priorities for the year ahead
• Deliver a step change in safety to ensure zero
injuries each day.
• Develop our people and build their capabilities for
today and the future.
• Put the customer first to meet all our obligations by
working towards process excellence and successfully
completing our US Foundation Program (USFP).
• Drive regulatory performance through each
jurisdiction and lead the delivery of future
energy networks.
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