Our non-regulated businesses and joint ventures are mainly concerned with infrastructure provision and related services where we can exploit our core skills and assets to create value. They either operate in markets related to those of our principal businesses or provide support to our own businesses.

With the exception of National Grid Metering our non-regulated businesses and other activities are only indirectly affected by the relevant regulatory regimes. National Grid Metering, in its capacity as National Grid Gas’s service provider, is regulated by Ofgem. It retains a large share of the legacy installed base of gas meters in the UK and is subject to a tariff cap price control.

Grain LNG has been granted exemptions by Ofgem from the regulated third party access provisions for phases I, II and III of its development. These exemptions introduced certain obligations for effective measures to allow third parties to access unused capacity and are similar in nature to those in place at other new UK gas supply projects.

The web sites of each of our non-regulated business can be reached via the links in the left-hand menu on this page where you can read about each in more detail.

There is also a section entitled 'Non-regulated business and other' in our Annual Report which summarises key information for investors.