Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
National Grid NSL submitted its Post Construction Review (PCR) package in December 2021 proposing values for the Post Construction Adjustment (PCA) terms and updated project cost information. This submission initiated Ofgem’s PCR process to assess final project costs and to determine any adjustments to preliminary cap and floor levels, leading to subsequent cost updates (Dec 2022, Mar 2023) and the 2023 decision.