Ofgem Selects Preferred East Anglia ONE Transmission Operator
UK energy market regulator Ofgem has named Transmission Capital Partners the preferred offshore transmission owner (OFTO) for the 714 MW East Anglia ONE offshore wind farm.
Transmission Capital Partners is a consortium of Transmission Capital Partners Limited Partnership and International Public Partnerships Limited.
Prior to becoming a successful OFTO bidder, Transmission Capital Partners needs to establish the necessary arrangements to provide offshore transmission services for the project, including having all relevant contractual, funding, regulatory and operational arrangements ready for the transfer of the transmission assets and the grant of the offshore transmission licence.
The company will also have to put in place a bilateral agreement with the holder of a co-ordination licence to provide transmission services for the project; accede to the System Operator – Transmission Owner Code; and resolve any other matters which Ofgem determines are necessary in relation
to the project.