Search results for: ofgem

275 results

A list of search results

  • 17 December 2018
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    UK energy regulator Ofgem has put forward changes to Scottish and Southern Energy Networks’ (SSEN) plan to build a 220MW high voltage link that would facilitate the transmission of clean electricity generated from tidal power from Orkney to the rest of Great Britain.

  • 23 November 2010

    Ofgem today published initial proposals for the price control of Liquefied Natural Gas (LNG) storage facilities run by National Grid Liquefied Natural Gas (NG LNG). NG LNG owns and operates three LNG storage facilities offering a combination of commercial and regulated services. The regulated services are subject to a price cap set by Ofgem that […]

  • 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
    Storage

    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 […]

  • 17 October 2014
    Authorities & Government, Storage

    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 […]

  • 17 October 2014
    Business & Finance, Equipment, Operations & Maintenance

    Ofgem has 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 £6 billion and provide up to 7.5GW of additional electricity capacity in GB. Ofgem has decided that […]

  • 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 […]

  • 23 April 2020
    Business developments & projects

    Ofgem has approved a proposal by SSEN to build a 600MW subsea link from Shetland to mainland Scotland. The link would allow new wind farms on Shetland to export electricity to and also ensure supply on the islands. Ofgem’s approval is also subject to approval of 457MW Viking Energy Wind Farm. Ofgem regulates network companies […]

  • 16 December 2014
    Business & Finance, Equipment, Operations & Maintenance

    Ofgem has today approved £1.1 billion funding for a new subsea link in the north of Scotland. The regulator’s decision is £105 million less than the funding request from Scottish Hydro Electricity Transmission (SHE Transmission) to ensure consumers pay no more than necessary. The final funding decision is £56 million more than Ofgem’s view in […]

  • 19 June 2014
    Business & Finance, Storage

    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 […]

  • 7 May 2012
    Authorities & Government, Business & Finance

    Minister for Energy Fergus Ewing responded to Ofgem’s review of transmission charging. He said: “We have Europe’s best renewable energy resources, yet the unfair system of locational charging continues to result in Scotland facing the highest charges in the UK, while subsidies are paid to generators elsewhere.  “We welcome Ofgem’s recognition that the current system […]

  • 3 February 2020
    Authorities & Government

    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 […]

  • 29 October 2010
    Storage

    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 […]

  • 29 October 2010
    Storage

    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 […]

  • 21 December 2011
    Storage

    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, […]

  • 16 December 2014
    Authorities & Government, Business & Finance

    Ofgem has approved GBP 1.1 bln in funding for the new subsea link in the north of Scotland that is supposed to connect 1.2 GW of new renewable electricity once completed in 2018, Ofgem’s press release reads. The regulator’s decision is GBP 105 mln less than the funding request from Scottish Hydro Electricity Transmission (SHE Transmission). […]

  • 27 October 2014
    Business & Finance, Operations & Maintenance

    Ofgem has today set out proposals to allow £1.1 billion funding for a new subsea link in the north of Scotland. The regulator’s proposal is £173.9 million less than the funding request from Scottish Hydro Electricity Transmission (SHE Transmission) to ensure consumers pay no more than necessary. The new link will connect 1.2GW of new […]

  • 18 March 2016
    Business & Finance, Operations & Maintenance, Project & Tenders, Storage

    Competitive tendering is cutting the costs for connecting offshore wind farms to British high voltage grid by at least £700m, according to new figures published by Ofgem today.  Maxine Frerk, acting senior partner, networks, Ofgem, said: “The figures published today show that competition is helping to deliver savings for consumers for connecting offshore wind.”   The […]

  • 20 August 2014
    Business & Finance, Research & Development, Storage

    Ofgem has received a withdrawal of an application from Triton Knoll Offshore Wind Farm Limited, which was submitted in order to get the Authority’s consent to the company’s exercise of compulsory rights of entry on land.  “This means a decision on its application is no longer required and we will not be proceeding with our consultation. […]

  • 18 November 2010
    Project & 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 […]

  • 8 November 2018
    Authorities & Government, Operations & Maintenance, Project & Tenders, Storage

    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.

  • 23 November 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Ofgem has selected Diamond Transmission Partners as the preferred bidder to own and operate the high voltage transmission link to the Galloper offshore wind farm for the next 20 years. 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 […]