Company: NEWEN
Filing Date: 2025-11-06
Form Type: 6-K
Source: 0001654954-25-012622
Chunk: 9

Company: NATIONAL GRID PLC
Filing Date: 2025-11-06
Form: 6-K
Chunk 9
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 be jointly led by the Energy Networks Association (ENA) and BEAMA (the UK manufacturing trade association) with support from the UK Government. It aims to: (a) demonstrate the sector’s vital contribution to the UK economy and its future growth potential; (b) set out the workforce requirements needed to maintain and attract the skills essential for a growing sector; (c) understand the UK’s supply chain capabilities and how domestic supply chains can be developed; and (d) provide confidence that the sector can deliver and meet demand. To deliver this, the Plan is structured around a series of dedicated workstreams, each designed to address a critical aspect of sector growth from workforce development to supply chain resilience. A final report will be delivered in 2026.

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For UK Electricity Transmission, we are working closely with NESO and customers to support the reordering of the connections queue. Once NESO publishes its updated queue we will have a clear view of the sequencing of the specific project connections required. For UK Electricity Distribution, we have also made good progress including preparing flexible offers to customers that are likely to secure a queue position. This allows them to progress their builds ahead of a formal offer, enabling faster connections for renewables and low-carbon technologies. The Government’s Industrial Strategy also outlined the development of a Connections Accelerator Service which, once designed, should support strategically important demand projects in connecting more quickly to the network.

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The Planning and Infrastructure Bill continues to progress through Parliament and is in its final stages. Whilst the outcome of the Bill is unlikely to have an impact on our current five-year framework, the Bill includes proposals which will ensure that consultation and engagement can be more effective and targeted for Nationally Significant Infrastructure Projects (NSIPs). It also includes a commitment to keep National Policy Statements up to date by reviewing them at least every five years. In addition, the Government launched recent consultations on consents, land access and rights for electricity network infrastructure and streamlining infrastructure planning. Both propose important reforms to support the roll-out of network infrastructure and growth in the UK.

In the US, we have continued to build on the strong foundations we set last year with further visibility within our rate cases.

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In June, we received approval from the Massachusetts Department of Public Utilities (DPU) for around $600 million of cost recovery under the ESMP. This supports capital investment in networks and supporting technology, associated operating costs and non-wires alternatives over five years from July 2025, and is in addition to investment deployed under our