National Grid launches QUDM market mechanism to deliver 10% biodiversity net gain on new projects
PUBT · 06/02 08:50
Share
Listen to the news
- National Grid launched a new Qualified Utilities Dynamic Market mechanism to source environmental services tied to new transmission infrastructure projects.
- Set a minimum 10% Biodiversity Net Gain target for all new projects requiring planning permission, using off-site biodiversity units where needed.
- Partners will be required to manage habitats for at least 30 years, with procurement prioritizing areas covered by Local Nature Recovery Strategies.
- Scope also covers marine restoration for offshore subsea cable projects, nature-based solutions, high-quality carbon credits, climate contributions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Grid plc published the original content used to generate this news brief on June 02, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.
Copyright © 2026 Webull. All Rights Reserved