Reports related to this article:
Project(s): View 10 related projects in PECWeb
Plant(s): View 8 related plants in PECWeb
Released May 24, 2024 | SUGAR LAND
en
Researched by Industrial Info Resources (Sugar Land, Texas)--National Grid plc (NYSE:NGG) (London, England), which operates energy assets in the U.S. and the U.K., mapped out a plan to invest US$76.5 billion through March 2029 in energy network infrastructure, including as much as US$35 billion for system improvements in Massachusetts and New York, as it seeks to streamline its operations. That includes selling off its National Grid Renewables subsidiary, which operates wind and solar facilities across the central and Mideastern U.S., and its Grain LNG terminal in the U.K. Industrial Info is tracking more than US$11 billion worth of active and planned projects attributed to National Grid in the U.S.
Click on the image at right for a graph detailing National Grid's active and planned projects across the U.S., by project type.
Among the U.S. projects under consideration is a series of transmission line rebuilds across central and eastern New York, including a 66-mile stretch from Black River to Marcy, a 62-mile stretch from Black River to Clay, and a 27-mile stretch from Oswego to Altmar, all of which are in north-central New York around Lake Erie. Elsewhere in the state, National Grid is considering a 65-mile line rebuild from Schenectady to Little Falls and an 18-mile line rebuild from Potsdam to Nicholville. The latter, if approved, could begin construction as early as fourth-quarter 2025, but the others likely would not kick off until 2027.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read detailed reports about the line rebuilds terminating in Marcy, Clay, Altmar, Little Falls and Nicholville.
"Preliminary findings from DOE's [U.S. Department of Energy's] National Transmission Needs Study found that developing new transmission in the New York-New England corridor would not only improve reliability, but also support the increasing electric demand in the region," the company said in a press release earlier this week. "The federal analysis found the region needs a 255% increase in transmission development to support the clean energy growth expected under New York and Massachusetts policies."
In Massachusetts, National Grid's projects nearing or under construction are focused largely on improvements to its liquefied natural gas (LNG) network, including US$172.4 million in tank upgrades and replacements at its LNG terminal in South Yarmouth. The project, which is set to kick off this summer, would upgrade the facility's 697-ton-per-day LNG peak shaving unit and add a 2.1 million-gallon LNG storage tank. The terminal also is expected to see an $11 million replacement of its truck-loading facility, which kicked off last August, wrap up in the coming months. Subscribers can read detailed project reports on the tank upgrades and truck-loading replacement at the South Yarmouth facility, and read a detailed plant profile.
Other LNG projects under construction in Massachusetts include the US$65.17 million replacement of two vaporizers at a storage facility in Salem and the US$64.2 million replacement of four vaporizers at a storage facility in Tewksbury, which will help to maintain an LNG regasification supply of at least 30 million standard cubic feet per day during peak gas-demand periods at the Salem plant, and to increase capacity to at least 100 million standard cubic feet per day at the Tewksbury plant. Subscribers can read detailed reports on the Salem and Tewksbury projects.
National Grid's decision to sell its Grain LNG terminal, which is about 30 miles east of London, follows a record year of utilization with 102 ships offloaded, according to the company. The company kicked off a US$236.8 million expansion of the terminal in 2022, which is expected to raise capacity from 20 billion to as much as 27 billion cubic meters per year. The project is expected to wrap up next summer, although it is not yet known how it could be affected by the proposed sale. Subscribers can learn more from a detailed project report and plant profile.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active and planned projects in the U.S. involving National Grid.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing National Grid's active and planned projects across the U.S., by project type.Among the U.S. projects under consideration is a series of transmission line rebuilds across central and eastern New York, including a 66-mile stretch from Black River to Marcy, a 62-mile stretch from Black River to Clay, and a 27-mile stretch from Oswego to Altmar, all of which are in north-central New York around Lake Erie. Elsewhere in the state, National Grid is considering a 65-mile line rebuild from Schenectady to Little Falls and an 18-mile line rebuild from Potsdam to Nicholville. The latter, if approved, could begin construction as early as fourth-quarter 2025, but the others likely would not kick off until 2027.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read detailed reports about the line rebuilds terminating in Marcy, Clay, Altmar, Little Falls and Nicholville.
"Preliminary findings from DOE's [U.S. Department of Energy's] National Transmission Needs Study found that developing new transmission in the New York-New England corridor would not only improve reliability, but also support the increasing electric demand in the region," the company said in a press release earlier this week. "The federal analysis found the region needs a 255% increase in transmission development to support the clean energy growth expected under New York and Massachusetts policies."
In Massachusetts, National Grid's projects nearing or under construction are focused largely on improvements to its liquefied natural gas (LNG) network, including US$172.4 million in tank upgrades and replacements at its LNG terminal in South Yarmouth. The project, which is set to kick off this summer, would upgrade the facility's 697-ton-per-day LNG peak shaving unit and add a 2.1 million-gallon LNG storage tank. The terminal also is expected to see an $11 million replacement of its truck-loading facility, which kicked off last August, wrap up in the coming months. Subscribers can read detailed project reports on the tank upgrades and truck-loading replacement at the South Yarmouth facility, and read a detailed plant profile.
Other LNG projects under construction in Massachusetts include the US$65.17 million replacement of two vaporizers at a storage facility in Salem and the US$64.2 million replacement of four vaporizers at a storage facility in Tewksbury, which will help to maintain an LNG regasification supply of at least 30 million standard cubic feet per day during peak gas-demand periods at the Salem plant, and to increase capacity to at least 100 million standard cubic feet per day at the Tewksbury plant. Subscribers can read detailed reports on the Salem and Tewksbury projects.
National Grid's decision to sell its Grain LNG terminal, which is about 30 miles east of London, follows a record year of utilization with 102 ships offloaded, according to the company. The company kicked off a US$236.8 million expansion of the terminal in 2022, which is expected to raise capacity from 20 billion to as much as 27 billion cubic meters per year. The project is expected to wrap up next summer, although it is not yet known how it could be affected by the proposed sale. Subscribers can learn more from a detailed project report and plant profile.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active and planned projects in the U.S. involving National Grid.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
