Webb12 apr. 2024 · The UK Office of Gas and Electricity Markets (Ofgem) has shortlisted bidders for three offshore wind farm transmission links being tendered under the sixth round of the Offshore Transmission Owner (OTFO) regime. The sixth round has an estimated value of £2.7 billion and will connect 2.5GW of generation capacity, making it … Webb22 nov. 2024 · The initial estimated value of the transmission assets of £329.1 million is subject to Ofgem’s ongoing cost assessment process. Once the final value of the assets has been agreed by Ofgem, the preferred bidder will pay this amount to the developer, when the bidder’s OFTO licence has been granted.
Tender Round 7 (TR7) for the Grant of Two Offshore Transmission ...
WebbThat tender round was estimated to have saved consumers between £200m and £400m. I was responsible for drafting parts of the offshore transmission licence… Policy Analyst, Offshore Transmission... WebbOfgem Contact Our core purpose is to ensure that all consumers can get good value and service from the energy market. In support of this we favour market solutions where practical, incentive regulation for monopolies and an approach that seeks to enable innovation and beneficial change whilst protecting consumers. epic flash 4 hybrid
Offshore Transmission: Enhanced Pre-Qualification Document for …
WebbTender Rounds are expected to take place annually in each of the next 3 years, with each tender round comprising between 3 and 6 OFTO assets. With individual asset values … Webb16 juli 2024 · In November 2024, Ofgem opened the competitive process for the TR7, which will enable bidders to compete to own the transmission assets of two offshore wind farm projects, namely, 950 MW Moray East and 857 MW Triton Knoll. Both projects are under construction and are expected to be completed in 2024. Webb2 mars 2024 · The Contracts for Difference ( CfD) scheme is the government’s main mechanism for supporting low-carbon electricity generation. This page pulls together all … epic flash 5 wood specs