National Grid Transco

Published : April 07th, 2015

Tuesday, April 07, 2015 - Boston University and National Grid Join Forces to Save Energy

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Tuesday, April 07, 2015 - Boston University and National Grid Join Forces to Save Energy

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Boston University and National Grid Join Forces to Save Energy Boston University and National Grid Join Forces to Save EnergyThree year program will use energy efficiency technologies to reduce natural gas consumptionApril 7, 2015, BOSTON, MA - After a frigid winter that reminded Bostonians and New Englanders everywhere how important it is to use less energy, Boston University and National Grid have teamed up to do just that. A new Strategic Energy Management Plan signed by the two organizations will help the University save money and further reduce its environmental footprint, with a goal of lowering natural gas consumption by 218,000 therms per year. That equates to a 5% reduction and $750,000 in total savings for BU. "One of my favorite sayings is that the cheapest, most sustainable kilowatt-hour of electricity or therm of gas is the one you never use," said Marcy Reed, president of National Grid in Massachusetts. "It's especially exciting to work with a Boston landmark like BU, because they're taking advantage of an opportunity not only to save a whole lot of energy, but also to lead other institutions in the region by their example." The agreement was sealed during a ceremonial signing at Boston University's 100 Bay State Road facility today, which has saved 98,610 therms of natural gas during the last three years thanks to equipment incentivized by National Grid. This equipment includes a custom condensing boiler and ventilation hoods that recover heat before it is lost. "Partnering with National Grid is a very important part of BU's long-term commitment to reduce energy consumption," said Boston University vice president of operations Gary Nicksa. "The agreement enables us to step up our game in terms of taking on larger and more technically complex conservation projects sooner than we could have without National Grid's support." Over the next three years, National Grid incentives will help the University's sustainability@BU team implement energy conservation measures in 74 brownstone row houses on campus. These measures could reduce energy consumption across all brownstones to a level equivalent to making 15 of the buildings net zero consumers. For more information, visit http://www.bu.edu/sustainability . And to learn more about National Grid's energy efficiency programs, click here. About Boston UniversityFounded in 1839, Boston University is an internationally recognized institution of higher education and research. BU has a diverse student body with over 33,000 students representing 130 countries. The University has nearly 10,000 faculty and staff and occupies 15 million square feet on two campuses in Boston. BU consists of 17 schools and colleges, along with a number of multi-disciplinary centers and institutes integral to the University's research and teaching mission. In 2012, BU joined the Association of American Universities (AAU), a consortium of 62 leading research universities in the United States and Canada. About National GridNational Grid (LSE: NG; NYSE: NGG) is an electricity and natural gas delivery company that connects nearly 7 million customers to vital energy sources through its networks in New York, Massachusetts and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates the systems that deliver gas and electricity across Great Britain. Through its U.S. Connect21 strategy, National Grid is transforming its electricity and natural gas networks to support the 21st century digital economy with smarter, cleaner, and more resilient energy solutions. Connect21 is vital to our communities' long-term economic and environmental health and aligns with regulatory initiatives in New York (REV: Reforming the Energy Vision) and Massachusetts (Grid Modernization). For more information please visit our website, or our Connecting, watch us on YouTube
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National Grid Transco

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ISIN : US6362743006
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National Grid Trans is based in United kingdom.

National Grid Trans is listed in United Kingdom and in United States of America. Its market capitalisation is GBX 3 958.0 billions as of today (US$ 4 605.2 billions, € 4 301.8 billions).

Its stock quote reached its lowest recent point on May 05, 2017 at GBX 1 000.00, and its highest recent level on April 24, 2024 at GBX 1 055.50.

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