New York, New York--(Newsfile Corp. - November 5, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of National Grid plc (NYSE: NGG) resulting from allegations that National Grid plc may have issued materially misleading business information to the investing public.SO WHAT: If you purchased National Grid securities you may be entitled to compensation without payment of any out of pocket fees or costs through a cont ...

Core Insights - The article highlights the stark contrast between China's rapid infrastructure development, particularly in energy, and the U.S.'s lagging efforts, emphasizing the implications for technological leadership and energy reliability [1][5][20]. Energy Infrastructure - China has built 42 ultrahigh-voltage transmission lines, while the U.S. has built none, showcasing a significant gap in energy infrastructure development [1][7]. - The U.S. electrical grid has been rated a D+ by the American Society of Civil Engineers, indicating severe deficiencies in maintenance and modernization [4][6]. Investment and Corporate Actions - The U.S. private sector has mobilized $92 billion for energy infrastructure in Pennsylvania, signaling a reactive approach to a long-standing issue [6][7]. - Major companies like Blackstone and Alphabet are investing heavily in data centers and infrastructure, indicating a shift towards self-sufficiency in energy due to grid inadequacies [9][10]. Market Opportunities - Companies involved in energy equipment and infrastructure, such as Hitachi, ABB, and Schneider Electric, are positioned to benefit from the U.S.'s urgent need for modernization [10][12]. - Cable specialists like Prysmian and Nexans are critical players due to supply constraints and high demand for energy cables, presenting investment opportunities [11]. Future Projections - The U.S. Energy Department warns of a potential increase in blackouts by 100-fold by 2030, highlighting the urgency for infrastructure improvements [14]. - Global power-grid investment is projected to reach $594 billion annually by 2030, with a total of $15.8 trillion needed through 2050, indicating a massive market for infrastructure development [17][18].

Core Insights - The company emphasizes the modernization and reliability of the grid business, highlighting the acquisition of REIVAX, a company with a strong background in control systems since 1987 [1] - REIVAX operates in Brazil, Canada, and Portugal, with approximately 60% of its revenue generated from foreign markets, indicating a significant international presence [1] Group 1 - The grid is becoming increasingly complex, necessitating more intelligent control systems to manage diverse energy sources such as solar and diesel [1] - The company is focusing on distributed resources and energy intelligence, particularly in the context of microgrids, which utilize multiple generation sources including biomass, solar, and wind [2] - The consumption patterns in microgrids are more complex than traditional home energy use, as they may serve larger facilities like hotels [2]

Summary of Key Points from the Conference Call Industry Overview - The focus is on the **energy security** industry, particularly the vulnerabilities in power grids and the implications for AI and defense systems [1][6][17]. Core Insights and Arguments - **Global Energy Security Pressures**: Energy security has become a pressing issue globally due to energy shocks in China (2021) and Europe (2022), alongside tightening power markets in the US [1][6]. - **Vulnerabilities Identified**: Two main vulnerabilities are highlighted: 1. Access to commodity supply, which is increasingly concentrated among a few producers, raising disruption risks. 2. Aging power grids, particularly in the West, which average 50 years in Europe and 40 years in North America [1][6][13]. - **Investment in Power Grids**: There is a critical need to invest in power grid infrastructure, which is essential for supporting AI and defense systems. This investment is expected to be metals-intensive, particularly for copper [1][7][44]. - **Projected Investment Growth**: - European grid investment is projected to increase by **55% by 2035**. - US grid investment is expected to rise by **24% by 2030** [7][10]. - **Copper Demand Surge**: Grid and power infrastructure are anticipated to drive approximately **60% of global copper demand growth** through the end of the decade, with a bullish price forecast of **$10,750 per ton by 2027** [10][44]. Additional Important Insights - **Interdependence of AI, Defense, and Grids**: The relationship between AI, defense, and power grids is interdependent. AI is increasingly embedded in defense systems, which rely on robust grid infrastructure for operations [22][29]. - **Cybersecurity Risks**: Cyberattacks on energy facilities have quadrupled since 2020, highlighting the need for secure grid infrastructure to protect against both physical and cyber threats [35][39]. - **NATO Defense Spending**: NATO's commitment to allocate **5% of GDP** for defense by 2035, with **1.5%** earmarked for national security-related infrastructure, emphasizes the priority of grid upgrades [39][40]. - **Regional Energy Independence**: The US is largely energy independent, while Europe sources about **45%** of its energy from abroad. China has reduced its energy import reliance to around **15%** through domestic coal and renewables [45][48]. Conclusion - The call emphasizes the urgent need for investment in aging power grids to enhance energy security, particularly in the context of rising geopolitical tensions and the increasing reliance on AI and defense systems. The anticipated growth in copper demand and the strategic importance of grid upgrades are critical for future energy infrastructure resilience [1][10][44].

A consortium including Dutch pension manager APG is investing €9.5 billion into Tennet's German power grid in exchange for a 46% stake https://t.co/XYAXDtGQDC ...

Core Insights - The Dutch government is selling a 46% stake in TenneT's German unit to a consortium for up to 9.5 billion euros ($11.3 billion), marking a significant step in its long-term divestment strategy [1][2] Group 1: Sale Details - The consortium includes Dutch pension fund manager APG, Norges Bank, and Singapore's sovereign wealth fund GIC, responding to increasing funding needs for power infrastructure across Europe [2] - The sale follows a failed attempt to sell TenneT Germany to the German government last year, indicating ongoing interest in the asset [2][4] - The consortium's investment will provide TenneT Germany with 8.5 billion euros to maintain its credit rating and create a financial buffer for the Dutch state [3] Group 2: Stake Distribution - APG is set to acquire approximately an 11% stake in TenneT Germany, while the distribution of the remaining 35% stake between GIC and Norges Bank is still unclear [4] - Germany is still considering acquiring a minority stake in TenneT Germany, with expectations for clarity on potential investments by the end of the year [4][6] Group 3: Market Context - The sale could potentially raise up to 12 billion euros through new shares, either via private placement or an initial public offering, positioning it as one of Europe's largest deals this year [5] - TenneT Germany operates over 14,000 kilometers (8,699 miles) of power lines, making it the largest high-voltage transmission grid operator in Germany [3]

Group 1 - Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities claims on behalf of shareholders of National Grid plc due to allegations of materially misleading business information [1][3] - A report indicated that a fire at Heathrow Airport in March 2025 was caused by National Grid's failure to maintain an electricity substation, which had been identified as an issue seven years prior [2] - Following the publication of the report, the price of National Grid American Depositary Shares fell by 5% on July 2, 2025 [2] Group 2 - The UK Energy Minister, Ed Miliband, expressed that the findings of the report were "deeply concerning" [2] - Wolf Haldenstein emphasizes its commitment to corporate accountability and transparency for investors who have suffered financial harm [3]

Group 1: Core Perspectives - The construction of a new power system in China is accelerating, with significant advancements in renewable energy becoming the main power source and increasing electrification in end-use consumption [1][2] - The development of the power grid must balance various relationships, including the structure of the grid, support from power sources, and the integration of renewable and traditional energy sources [1][4] Group 2: Trends in Power Development - The new power development emphasizes three trends: electrification on the consumption side, cleanliness on the production side, and wide-area configuration on the distribution side, which are crucial for achieving economic growth and carbon neutrality goals [2][3] - By 2030, China's electricity consumption is expected to reach approximately 13 trillion kilowatt-hours, and by 2050, it may reach around 19 trillion kilowatt-hours [2] Group 3: Role of the Power Grid - The power grid plays a critical role in the safe and efficient utilization of renewable energy, especially given the geographical mismatch between energy resources and consumption centers [3][4] - The development of large-scale renewable energy bases necessitates a robust grid capable of long-distance and high-capacity transmission to meet demand in consumption centers [3][7] Group 4: Challenges in Grid Transformation - The transition to a new power system presents significant safety challenges, as the traditional controlled system is disrupted by the variable nature of renewable energy sources [4][5] - The increasing complexity of grid fault characteristics requires a systematic approach to planning, construction, and operation to mitigate risks [4][5] Group 5: Future Development Considerations - Strengthening the receiving end of the grid and optimizing the main grid structure is essential for maintaining power supply stability [5][6] - The integration of distributed energy resources and the development of microgrids can enhance the self-balancing capabilities of the grid [6][8] Group 6: Technological Innovations - Innovations in long-distance, high-capacity, and safe DC transmission technologies are crucial for improving the reliability of transmission channels [8][9] - The development of controllable units and the optimization of existing power generation facilities are necessary to enhance grid flexibility and stability [9]

Core Viewpoint - The choice between offers from the electric grid and internet giants depends on individual priorities, specifically whether one values stability or higher income [3][4]. Group 1: Offer Comparisons - The internet giant's offer has a total package of approximately 450,000, with a high work intensity and concerns about organizational changes [5]. - The electric grid offer has a total package of around 180,000, providing job security but potential for overtime and a risk of stagnation [5][6]. Group 2: Personal Experiences - Friends who chose the electric grid enjoy stability and a comfortable lifestyle in smaller cities, while those in internet companies earn significantly more but face job insecurity and high competition [6]. - Concerns about job stability and the "35-year crisis" are common among employees in internet companies, leading to a desire for more secure positions [6][8]. Group 3: Career Insights - The competitive edge typically diminishes around the age of 40, but opportunities still exist for those willing to accept lower salaries [8]. - Networking and relationships often become more important than technical skills as careers progress, emphasizing the value of connections in the industry [8]. Group 4: Job Nature and Expectations - The nature of work in both sectors may not align with personal interests, as jobs often require completing assigned tasks regardless of one's academic background [11]. - The perception that work in the electric grid is less demanding than in internet companies may not hold true, as both sectors can involve repetitive tasks and high pressure [11].

Group 1 - In the first two months of 2025, China's non-financial direct investment abroad reached $22.97 billion, marking a year-on-year increase of 9.1% [2] - Chinese enterprises invested $5.52 billion in countries participating in the Belt and Road Initiative, which is a 17.6% increase compared to the previous year [2] - The total revenue from foreign contracted projects in the same period was $18.34 billion, showing a decline of 5.6%, while new contract amounts increased by 28.7% to $35.34 billion [3] Group 2 - As of the end of February, the total installed power generation capacity in the country reached 3.4 billion kilowatts, reflecting a year-on-year growth of 14.5% [5] - Solar power generation capacity reached 930 million kilowatts, with a significant year-on-year increase of 42.9%, while wind power capacity grew by 17.6% to 530 million kilowatts [5] - The average utilization hours of power generation equipment decreased by 61 hours compared to the same period last year, totaling 505 hours [5] - Investment in power generation projects by major power enterprises reached 75.3 billion yuan, a slight increase of 0.2%, while investment in grid projects surged by 33.5% to 43.6 billion yuan [5]