Ofgem chooses preferred bidder for link to Galloper Offshore Wind Farm
Diamond Transmission Partners, a consortium comprising Mitsubishi Corporation and HICL Infrastructure Company Limited, was selected by Ofgem through a tender process in which bidders compete to become Offshore Transmission Owners (OFTOs).
The Galloper wind farm, located 30km off the coast of Suffolk, consists of 56 six megawatt (MW) turbines and has a capacity of 353MW. It became operational in March this year and can produce enough power for over 380,700 average UK homes.
The developer of the windfarm and the link is a consortium comprising Innogy SE, Siemens Financial Services, Sumitomo, ESB and a consortium managed by Green Investment Group and Macquarie Infrastructure and Real Assets. The consortium’s initial estimated value of the transmission assets is £329.1 million. Once the final value of the assets has been agreed by Ofgem, the preferred bidder will pay this amount to the developer, once the bidder’s OFTO licence has been granted to them by Ofgem.
Since Ofgem and Government launched the OFTO regime in 2009 winning bidders have so far invested more than £3.3 billion in links and generation assets which have connected more than 5GW of offshore wind farms. Tendering ownership of these links through the regime continues to reduce the cost of connecting offshore wind. At least £700 million in savings have been achieved for consumers so far across the first three tender rounds.
Ofgem. Press release - Ofgem chooses preferred bidder for link to Galloper Offshore Wind Farm. URL: https://www.ofgem.gov.uk/publications-and-updates/ofgem-chooses-preferred-bidder.... [Date Accessed: 22/11/2018].
Tractebel is part of the Consortium that has been awarded a contract for the construction and installation of the Seamade offshore wind farms in the North Sea. The consortium will build the two high voltage substations, and their respective substructure, to be installed respectively in the Mermaid and the Seastar area.
Tekmar Energy are pleased to announce that international marine contractor Van Oord has selected the patented Tekmar Cable Protection System (CPS) TekLink® Mechanical Latch for the Borssele 2 (site III and IV) offshore wind farm.
Today Ofgem has granted a licence to TC Dudgeon OFTO plc to own and operate the £297.9 million high-voltage transmission link to the Dudgeon offshore wind farm for the next 20 years.
Ofgem is opening a tender for owning the electricity transmission link to the 1.2 gigawatt (GW) Hornsea 1 wind farm project off the coast of Lincolnshire and Yorkshire, set to be the world’s largest offshore wind farm once complete.
Today Ofgem has selected Diamond Transmission Partners as the preferred bidder to own and operate the high voltage transmission link to the Race Bank offshore wind farm for the next 20 years.
Project Development & Execution
The Gas and Electricity Markets Authority (“the Authority”) gives notice pursuant to section 6A(5) of the Electricity Act 1989 (“the Act”) that on 18 June 2018 an electricity generation licence was granted under section 6(1)(a) of the Act to Sofia Offshore Wind Farm Limited (company number 077919