$NGG

National Grid plans a $1.2B project to upgrade a 230-kV power line to 345-kV in Massachusetts and Vermont, aiming to enhance grid reliability and capacity.

National Grid appointed Escrick Park Estate to deliver Biodiversity Net Gain for the Yorkshire GREEN project. The estate will provide 300 biodiversity units, supporting the Skipwith Connected nature recovery initiative.

National Grid plc and National Grid Electricity Transmission plc said the Financial Conduct Authority approved a prospectus dated 17 Aug 2026 for their EUR 20 billion Euro Medium Term Note Programme. The prospectus is available via the provided LSE and FCA National Storage Mechanism links.

National Grid Electricity Transmission plc said its CAD 1.25 billion 4.716% Green Instruments due 12 Aug 2036 were admitted to trading on 12 Aug 2026 on the London Stock Exchange main market. The notes were issued under National Grid plc and National Grid Electricity Transmission plc’s Euro 20 billion EMTN programme, with terms dated 10 Aug 2026.

Massachusetts Gov. Maura Healey urged the conference committee to pass her energy affordability legislation to cut utility bills and curb utility spending and profits. She cited utility refund disputes and higher rate requests, including up to 55% increases, and referenced FERC’s $1.5B profit refund order for New England transmission owners. Utilities and shareholder payouts have risen, according to the article.

According to National Grid, it will invest £5 million in a “Power Within Employability Fund” to support about 5,000 NEET young people over five years, starting in the first half of next year. The program will provide mentoring, CV and interview coaching, qualifications such as CSCS cards, and help with barriers like driving licences. UK ministers cite skills shortages and expected growth in clean energy jobs.

Massachusetts electricity customers face higher utility supply rates starting Aug. 1. According to Boston.com, Eversource, National Grid and Unitil reset supply prices twice yearly. Eversource basic service rises to 17.3 cents/kWh from 15.6. National Grid variable rises to 16.074 cents and fixed to 17.185. Eversource cites higher market costs; most households are not on basic service.

National Grid said it plans about $100B in investments through fiscal 2031, including about $16B for New England. The company highlighted Massachusetts transmission upgrades such as the A1/B2 line and natural gas network modernization, plus outage-restoration tech like FLISR, to improve reliability and meet future demand, according to National Grid and the Boston Business Journal.

Eversource (NYSE: ES) and National Grid (NYSE: NGG) said they will test vehicle-to-grid (V2G) capabilities in Massachusetts with EnergyHub, Sunrun (Nasdaq: RUN), and The Mobility House. Qualifying residential customers can enroll V2G-capable EVs in ConnectedSolutions to provide grid flexibility during peak demand and receive incentives.

National Grid Electricity Distribution is upgrading the electricity network in Blaenavon to increase capacity for future growth and rising demand. The project includes about 6.5 km of new underground cable and upgrades to substations and other equipment. Work runs in phases through 2027, with traffic management and advance notices to affected customers.