Big Opportunities As The National Grid Switches to Electricity Distribution

by | May 21, 2021

Big Opportunities As The National Grid Switches to Electricity Distribution

Award winning financial journalist Willian Key has tipped the National Grid PLC as a prime investment opportunity over the coming 12 months. The highly experienced financial journalist is advising readers in a recent Times article to invest in National Grid PLC shares, as he believes the evolution from fossil fuels to renewables will yield good returns in the short term for the National Grid.
This strategy of moving away from the transportation of gas to distributing electricity, underlined by the sale of a majority stake in its UK national gas network, while purchasing Western Power Distribution. Marks a significant change in the direction of travel for the National Grid, as it keeps apace with developing opportunities as the country electrifies.

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