- Published: 07 October 2016 07 October 2016
On 10 October 2016 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.
The five links have an estimated value of GBP 2 billion in total and a generation capacity of 2.3GW. Ofgem, which runs the tender process, will choose the most competitive bids from companies to own and run links to the offshore sites over a 20-year period. The five offshore windfarms for which transmission links are being tendered are Dudgeon, off Cromer in Norfolk; Galloper, off the East Coast of England; Race Bank in the northern reaches of The Wash off the Norfolk coast; Rampion near Sussex; and the Walney Extension in the Irish Sea.