0915 GMT - Investors are encouraged by SSE and National Grid standing their ground and demanding more from U.K. energy regulator Ofgem, after it published its draft price determinations, Dan Coatsworth, investment analyst at AJ Bell, writes. Network companies invest a considerable amount of money into upgrading infrastructure and they expect decent returns on that investment, Coatsworth says. Often, there is a mismatch between what the regulator allows them to charge and what they believe is fair, he says. SSE says Ofgem's plan doesn't factor in true costs and implies it won't result in adequate cash flow, he writes. Meanwhile, National Grid is pushing for better incentives, he says. National Grid shares trade up 1.4% at 1,076.5 pence. SSE shares are 0.9% higher at 1,847.5 pence. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

July 01, 2025 05:15 ET (09:15 GMT)

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