Search results for: Ofgem

187 results

A list of search results

  • 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 […]

  • 26 November 2012

    Ofgem has welcomed DECC’s announcement on energy policy. Ofgem’s Senior Partner for Markets Andrew Wright said: “Ofgem welcomes today’s announcement by DECC on the future of energy policy. We will continue to work constructively with Government to get the best outcome for consumers both now and in the future. “Ofgem has played a key role […]

  • 2 August 2013
    Grid Connection

    RenewableUK has welcomed the publication of Ofgem’s “minded to” position today on future transmission charges. The proposal recognises the important point that renewable generation shares the grid with other generation, and for the first time Ofgem is proposing a method of charging for transmission which mirrors current practice of the transmission companies. The result will […]

  • 10 May 2013
    Business & Finance

    Ofgem has appointed Andrew Wright as interim Chief Executive, effective from 28 June. The appointment will ensure continued strong leadership within Ofgem when current Chief Executive, Alistair Buchanan, steps down from his role on 27 June. A decision on the permanent replacement will be taken by the new Chair and Ofgem’s Board, using the standard […]

  • 27 March 2014
    Authorities, Business & Finance, Grid Connection

    Ofgem, the UK energy watchdog, today acted to remove uncertainty from the energy market by proposing a market investigation by the Competition and Markets Authority (CMA). A market investigation will once and for all clear the air and allow the CMA to ensure that there are no further barriers to effective competition. An investigation would […]

  • 29 October 2010
    Grid Connection

    Transmission Capital Partners has been selected to run the transmission link for the 150 MW Ormonde offshore windfarm off the Cumbrian coast. This follows the announcement in August of the preferred bidders to operate the first £700 million worth of offshore transmission links. The Ormonde transmission link is worth a further £100m. Following a close […]

  • 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 […]

  • 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 […]

  • 21 December 2011
    Grid Connection

    Ofgem is asking for industry views on proposals to change the formula to set transmission charges for power generators using the high voltage grid. Overall transmission charges make up four per cent of an average household power bill. Given the large amount of new low carbon generation that needs to connect to the electricity networks, […]

  • 10 July 2012
    Business & Finance, Grid Connection

    TC Ormonde OFTO Limited, an entity incorporated by the consortium Transmission Capital Partners (TCP), has been granted a licence by Ofgem E-Serve to own and operate the transmission link to the Ormonde wind farm. The TCP consortium are comprised of Transmission Capital, Amber Infrastructure Group and International Public Partnerships (INPP).  TCP was appointed by Ofgem […]

  • 19 June 2014
    Business & Finance, Grid Connection

    Offshore transmission regime set up by Ofgem and the Department of Energy and Climate Change (DECC) fully commenced on June 10. Full commencement means that from June 10 the laws supporting the regime take full effect. Ofgem now regulates and licenses the transmission of electricity generated in Britain’s territorial waters at 132kV or above. The Generator […]

  • 27 March 2014
    Authorities, Business & Finance

    SSE believes that the energy market in Great Britain is competitive, has brought significant benefits for customers, and that much has been done in recent years to make it more transparent and easier to understand, ranging from greater liquidity in the wholesale electricity market to simplification of tariffs in the retail markets. In addition, there […]

  • 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 […]

  • 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) […]

  • 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.

  • 3 March 2011

    Transmission Capital Partners* (TCP) has secured the first licence from energy regulator Ofgem to operate a high voltage link with an offshore wind farm in GB. A newly created company, to be known as TC Robin Rigg OFTO Ltd, will now hold the Offshore Transmission Owner (OFTO) Licence. It will operate the £65 million link […]

  • 25 July 2017
    Business & Finance, Contracts & Tenders, Grid Connection, Wind Farm Update

    Ofgem has appointed Diamond Transmission Partners (DTP), a consortium comprising Mitsubishi Corporation and HICL Infrastructure Company, as the preferred bidder to own and operate the offshore transmission link to the Burbo Bank Extension wind farm for the next 20 years.

  • 18 November 2010
    Contracts & Tenders

    Transmission links to 2.8 GW of offshore windfarms to be put out to competitive tender Winning tenders for the first links will be announced in summer 2011 First tender round for £1.1 billion of links attracted almost £4 billion of investment appetite and delivered savings of around £350 million Ofgem today launched the second tender […]

  • 3 February 2020
    Authorities

    UK energy market regulator Ofgem launched its Decarbonisation Action Plan on 3 February 2020. The plan aims to ensure a path to UK’s net zero future, which includes supporting the development of an offshore grid to accommodate the UK offshore wind ambitions. The Decarbonisation Action Plan comprises nine actions that would lead to building a […]

  • 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.

  • 11 July 2014
    Business & Finance, Grid Connection

    Scottish Renewables has welcomed two decisions by the energy regulator, Ofgem. Firstly, to give the go-ahead to a subsea link between Caithness and Moray and, secondly, confirmation of its position on reform of transmission charging, known as Project TransmiT.  Welcoming Ofgem’s approval of the new Caithness-Moray link, Michael Rieley, Senior Policy Manager at Scottish Renewables, […]

  • 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.

  • 28 June 2013
    Authorities

    Responding to the publication of Ofgem’s Capacity Assessment Report, which shows ‘tightening electricity margins’, increased probability of supply disruption, and states that there is an “unprecedented challenge to secure supplies to consumers”, Scottish Energy Minister Fergus Ewing highlighted the increasing importance of energy generation from Scotland to the whole GB market. Ofgem estimated that the […]

  • 2 September 2013
    Business & Finance

    Consumers will be saddled with the cost of green energy infrastructure for at least 20 years under agreements that ensure profitability for Offshore Transmission Owners (OFTOs), according to research presented at the Royal Geographical Society (with IBG) international conference in London. The current regulation of offshore wind energy transmission, as well as increasing costs of […]

  • 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.

  • 5 August 2010
    Authorities, Business & Finance, Grid Connection

    • Competitive tender for transmission links forecast to deliver £350 million of savings for consumers • 2 GW of offshore wind to be connected • Almost £4 billion of investment appetite to own and run nine transmission links worth £1.1 billion • Preferred and reserve bidders chosen for seven projects, with two to be decided […]