• Home
• Highlights
• Messages to Shareholders
• Business Overview
• Operating and Financial Review
• Introduction
• About National Grid
• Performance summary and key performance indicators
• Performance against our objectives
• Transmission
• Gas Distribution
• Electricity Distribution & Generation
• Non-regulated businesses and other
• Discontinued operations
• Financial position and financial management
• Accounting policies
• Independent Corporate Responsibility Report
• Corporate Governance
• Directors’ Reports
• Consolidated financial statements
• Company financial statements
• General Information
• Shareholder Information

Non-regulated businesses and other

• Introduction
• Highlights
• UK Property
• About non–regulated
  businesses and other
• Performance against
  our objectives
• Financial
  performance

Constuction work on one of the new LNG tanks at Isle of Grain.

We own National Grid Metering, OnStream, National Grid Grain LNG and National Grid Property.

This year has seen further expansion activity at our liquefied natural gas (LNG) import terminal on the Isle of Grain, which is currently capable of processing 3.3 million tonnes of LNG a year. We are continuing to invest in Grain, and by 2010 it should have the capacity to import 14.8 million tonnes per annum, around 20% of the UK’s forecast gas demand.

During the year approximately 810,000 new meters were installed by OnStream, our competitive metering business, comprising approximately 420,000 gas and 390,000 electricity meters.

We are undergoing a programme of land remediation at many of our brownfield sites, including legacy gas sites.

In the US, our non-regulated activities include LNG storage, LNG transportation, unregulated transmission pipelines, West Virginia gas fields and home energy services.