Company: NEWEN
Filing Date: 2025-11-06
Form Type: 6-K
Source: 0001654954-25-012622
Chunk: 8

Company: NATIONAL GRID PLC
Filing Date: 2025-11-06
Form: 6-K
Chunk 8
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 Determination in late February or early March 2026, following the license drafting process.

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In May, we responded to Ofgem’s consultation on the request for a Delay Event on EGL1. We continue to engage with Ofgem to find a resolution and expect these negotiations to reach a final decision over the next few months.

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In September, we noted Ofgem’s ‘minded-to’ position on changes for ASTI projects in Lincolnshire, namely our EGL3, EGL4 and Grimsby to Walpole projects. This follows a change to network requirements in the county, including new overhead lines, leading to UK Electricity Transmission proposing a new regional design. We welcomed Ofgem’s recognition that this new design supports increased connections, reduces environmental impacts, mitigates consenting risk and, most importantly, has a significant benefit for consumers. Ofgem indicated that, as part of the process, they will set a new delivery date of no earlier than the end of December 2033. We will continue to work with Ofgem to agree the new targets for these projects.

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In October, Ofgem published its Sector Specific Methodology Consultation (SSMC) for RIIO-ED3, the next price control for UK Electricity Distribution which runs from 1 April 2028 to 31 March 2033. Importantly, Ofgem recognised the need for a framework that attracts the capital to help deliver improved reliability, meet increased levels of demand and maintain energy security. We will respond to the SSMC and continue to work closely with Ofgem as we develop our RIIO-ED3 plan, helping to shape the next regulatory period and ensure the framework supports long-term delivery and innovation.

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In September, the Government announced the country’s first AI Growth Zone, including data centres at Blyth and Cobalt, which is expected to unlock £30 billion of investment for the north-east of England. We are now looking to connect 1.1 GW of demand across the zone. The capacity will be delivered in phases from 2028, with further connections by 2031. We will continue to work closely with the Government to help enable further AI growth zones.

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We have taken a lead role in the Electricity Networks Sector Growth Plan (the “Plan”), an important initiative that aligns the industry with the Government’s Industrial Strategy, with our President of UK Electricity Distribution serving as co-chair of the sector level steering group. The initiative will