Search by Category:

OFTO Build Model: Ofgem’s Shift to Early Competition

In a significant policy update published on 9 December 2024 (“Policy Update”), Ofgem announced its intention to move away from developing a late competition model for Offshore Transmission Owners (“OFTOs”), in favour of an early competition approach.

This shift marks an important evolution in how offshore transmission infrastructure will be delivered in the future.

Background

The

Continue reading