Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
Ofgem approved National Grid’s proposal to accelerate payments of interconnector revenues to consumers, enabling National Grid to make £200m of interconnector revenue payments earlier than under the standard five‑year assessment cycle. The announcement listed NSL among National Grid’s interconnectors covered by the cap-and-floor framework; the approval changed the timing of revenue flows rather than altering NSL’s cap or floor levels.