Nicola Medalova
Nicola Medalova
head of electricity construction
National Grid

After working in a local planning authority, Nicola joined National Grid in 2007 and led its Commercial Property Business. This involved delivering large capital projects to return former gasworks and gasholder sites to beneficial use, as well as the creation of joint ventures with housebuilders and other developers to maximise value. She has also worked in the Electricity System Operator leading Transmission Customer Connections as well as Electricity Market Change, including being the UK representative in the European Network of Transmission System Operators, Electricity (ENTSOE). In addition to shaping the commercial and technical frameworks that govern the electricity industry, the latter role saw her commence a comprehensive review of how transmission and distribution companies in the UK recover revenues and how the cost is apportioned between system users. In 2017, Nicola began leading National Grid’s Electricity Construction division, delivering some of the nation’s most important major infrastructure projects to maintain the electricity transmission system and connect new generation that will deliver the UK’s net zero targets. Investing £1bn per annum, Nicola was responsible for a portfolio of projects that included major projects such London Power Tunnels, a new T-pylon overhead line route connecting Hinkley Point Nuclear Power Station and sub-sea HVDC links between Scotland and England, as well as windfarm connections and reinforcement of the East Coast network ready for 40GW of off-shore wind generation by 2030. Appointed as MD of National Grid Interconnectors in April 2021, Nicola is responsible for business development, construction and operation of National Grid’s JV Interconnector fleet, including four interconnectors in operation (IFA1, IFA2, Britned and Nemo) and two in construction (North Sea Link and Viking). Nicola also works closely with partners, stakeholders and European and UK governments, in the development of the next generation of interconnectors, including hybrid interconnectors.