Search results for: Ofgem

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15 March 2019 Business & Finance, Grid Connection, Wind Farm Update

Ofgem has appointed Diamond Transmission Partners as the preferred bidder to own and operate the offshore transmission link of the Walney Extension offshore wind farm in the UK. The consortium of HICL Infrastructure Company, Diamond Transmission Corporation and Chubu Electric Power will be operating the wind farm’s transmission link for a period of 20 years. HICL said that […]

22 November 2018 Contracts & Tenders, Grid Connection, Wind Farm Update

Ofgem has selected Diamond Transmission Partners as the preferred bidder to own and operate the high voltage transmission link to the Galloper offshore wind farm in the UK.

8 November 2018 Authorities, Contracts & Tenders, Grid Connection, Operations & Maintenance, Wind Farm Update

Ofgem has granted a licence to TC Dudgeon OFTO plc to own and operate the GBP 297.9 million high-voltage transmission link to the Dudgeon offshore wind farm for the next 20 years.

9 October 2018 Authorities, Contracts & Tenders, Grid Connection, Operations & Maintenance

UK energy market regulator Ofgem is opening a tender for owning the electricity transmission links to three offshore wind farms: the 1.2GW Hornsea Project One, the 714ME East Anglia One, and the 588MW Beatrice.

20 June 2018 Contracts & Tenders, Grid Connection, Operations & Maintenance

Ofgem has chosen Diamond Transmission Partners as the preferred bidder to own and operate the high voltage transmission link to Ørsted's Race Bank offshore wind farm for the next 20 years.

24 November 2017 Contracts & Tenders, Grid Connection, Operations & Maintenance, Wind Farm Update

Ofgem has appointed Transmission Capital Partners as the preferred bidder to own and operate the high-voltage transmission link to the Dudgeon offshore wind farm for the next 20 years.

3 August 2017 Authorities, Business & Finance, Contracts & Tenders, Grid Connection, Wind Farm Update

Ofgem has announced shortlists of bidders competing to own and operate transmission links to the Galloper and Walney Extension wind farms off the coasts of Cumbria and Suffolk.

13 March 2017 Authorities, Business & Finance, Contracts & Tenders, Grid Connection, Operations & Maintenance, Wind Farm Update

UK's energy market regulator Ofgem has invited companies to submit bids to own and run links to the 336MW Galloper and the 660MW Walney Extension offshore wind farm.

1 March 2017 Business & Finance, Contracts & Tenders, Grid Connection

Ofgem today announced shortlists of bidders competing to own and operate transmission links to the Dudgeon, Rampion and Race Bank wind farms, situated off the coasts of Norfolk and Sussex.

6 October 2016 Authorities, Business & Finance, Contracts & Tenders, Grid Connection, Operations & Maintenance, Wind Farm Update

UK's Ofgem will launch competitive tenders for offshore transmission licences for the 336MW Galloper and the 660MW Walney Extension wind farm on 27 February, 2017. Ofgem initially planned to kick off the Offshore Transmission Owner (OFTO) tender for the two wind farms in March 2017. The two links are part of Ofgem's OFTO Tender Round 5. The tendering procedure for the remaining […]

30 September 2016 Authorities, Business & Finance, Contracts & Tenders, Grid Connection, Operations & Maintenance, Wind Farm Update

UK's energy market regulator Ofgem will start the fifth tender round (TR5) for offshore transmission owners (OFTOs) where companies will bid to become owners of five transmission links to offshore wind farms on 10 October 2016.  The five links have an estimated value of GBP 2 billion in total and a generation capacity of 2.3 GW – […]

13 September 2016 Business & Finance, Grid Connection

Ofgem today announced a shortlist of five bidders competing to own and run the GBP 230 million transmission link to the Burbo Bank Extension offshore wind farm, situated in the Bay of Liverpool. The bidders will now go through to the final stage of the tender where Ofgem will appoint the Offshore Transmission Owner (OFTO) […]

18 August 2016 Wind Farm Update

Ofgem, which has been evaluating Enhanced Pre-Qualification (EPQ) submissions for Burbo Bank Extension, part of Tender Round 4, is scheduled to notify the bidders of the outcomes and publish the Qualifying Bidder shortlist this month. In addition, the UK's energy market regulator has disclosed a more specified timetable for the Tender Round 5, for which it recently announced […]

22 June 2016 Grid Connection

Ofgem has approved a 650km long subsea interconnector between Norway and Scotland, planned to be installed in 2021.  On 20 June 2016, Ofgem granted an electricity interconnector licence to Norway-based company NorthConnect KS, authorising it to participate in the operation of the NorthConnect KS interconnector. NorthConnect is a joint venture between five companies, established to develop, build, own and […]

21 August 2015 Authorities, Business & Finance, Grid Connection

By granting West of Duddon Sands (WoDS) Transmission plc a licence to own and operate the £269 million transmission link to the West of Duddon Sands offshore wind farm, the total new transmission investment delivered by the OFTO regime to date is over £2.5 billion, of which nearly £1 billion has now been delivered through the […]

22 July 2015

Ofgem has decided to grant the FAB Link, IFA2 and Viking Link interconnectors a cap and floor regime in principle and subject to no material escalation in the costs as submitted to us to date by the project developers. This follows Ofgem's March 2015 consultation on their proposals. Their March 2015 assessment demonstrated that FAB Link, IFA2 […]

12 February 2015 Grid Connection

Gwynt y Môr OFTO plc has been awarded a licence by Ofgem to own and operate the £352 million transmission link to the Gwynt y Môr offshore wind farm. It is the largest offshore transmission (OFTO) project to date to be financed through the capital markets. Gwynt y Môr OFTO plc is owned by the Balfour […]

16 December 2014 Authorities, Business & Finance, Grid Connection

Ofgem today approved £1.1 billion funding for a new subsea link in the north of Scotland, called the Caithness Moray project. The regulator’s decision is £105 million less than the funding request from Scottish Hydro Electricity Transmission (SHE Transmission) to ensure consumers pay no more than necessary. The new link will connect 1.2GW of new […]

2 December 2014 Grid Connection

Ofgem today announced its final decision on the financing and regulatory regime for Project Nemo, an interconnector which, on completion in 2019, will bring an additional 1 gigawatt (GW) electricity capacity to Great Britain. The final decision on proceeding with the project is now with the developers. The total cost of the project is expected […]

24 November 2014 Authorities, Business & Finance

Ofgem has confirmed funding of £46.4 million for eight projects as part of its cutting-edge innovation competitions for the network companies that deliver energy to homes and businesses. Ofgem runs three innovation competitions to help Britain’s energy networks become smarter and more cost-efficient. The Low Carbon Networks (LCN) Fund, the Gas Network Innovation Competition (NIC) […]

4 November 2014 Authorities, Business & Finance, Grid Connection, Wind Farm Update

Ofgem today granted Transmission Capital (TC) Lincs OFTO Limited a licence to own and operate the transmission link to the Lincs wind farm. Lincs is located eight kilometres off the coast of Skegness and comprises 75 turbines generating 270MW, which is enough to provide clean energy to 200,000 homes. The Lincs project was tendered under […]

27 October 2014 Business & Finance, Grid Connection

Ofgem has set out proposals to allow £1.1 billion funding for a new subsea link in the north of Scotland. The regulator’s proposal is £173.9 million less than the funding request from Scottish Hydro Electricity Transmission (SHE Transmission) to ensure consumers pay no more than necessary. The new link will connect 1.2GW of new renewable […]

17 October 2014 Authorities, Grid Connection

Ofgem announced the names of five new interconnector projects that could be built in the future. Together with the ElecLink and Nemo projects that Ofgem has already assessed, these seven projects could lead to investment of up to £6bn and provide up to 7.5GW of additional electricity capacity in GB. Ofgem has decided that all […]

10 October 2014 Authorities, Grid Connection

On October 8, Ofgem launched a new animated video explaining the importance of the UK energy network and the role Ofgem plays as its regulator. With one fifth of a household's energy bill going to keeping the energy network running, it’s essential that Ofgem explains to consumers the crucial role it plays in getting gas and electricity to […]

11 July 2014 Business & Finance, Environment, Grid Connection

SHE Transmission, the electricity transmission subsidiary of SSE plc, has welcomed Ofgem’s decision to approve the need for the new transmission link between Caithness and Moray. The new link, which will feature over 100 miles of under ground and subsea cable, is needed to transmit a large volume of electricity from renewable sources in the […]

11 July 2014 Business & Finance, Grid Connection, Technology

Ofgem has today given the green light for a new subsea link in the north of Scotland. Scottish Hydro Electricity Transmission (SHE Transmission)’s significant upgrade of the electricity network is a £1.2 billion project. It is expected to connect 1.2GW of new renewable electricity generation following completion in 2018. This will help meet Britain’s renewable […]