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ARTICLE · 01 AUGUST 2008

Draft Tender Regulations For Offshore Electricity Transmission Published

On 25 July Ofgem published draft tender regulations as part of its ongoing consultation process for the development of the new regulatory regime for offshore electricity transmission.

United KingdomWealth Management
Robert Lane
Robert Lane
Munir Hassan
Munir Hassan
Nicholas Molho
Nicholas Molho

On 25 July Ofgem published draft tender regulations as part of its ongoing consultation process for the development of the new regulatory regime for offshore electricity transmission. This will be of interest to parties wishing to participate in the development of the new regime and to all parties with an interest in the development of offshore wind and offshore electricity transmission.

Since 2005, BERR and Ofgem have been developing the new regime and to date it has been decided that offshore electricity transmission licences will be awarded on a non-exclusive basis and by means of a competitive tender. In January 2008, the Government decided that Ofgem was the most appropriate body to run the tender process.

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