Decision on Policy Consultation & Statutory Consultation: Pre-Operational Force Majeure event in the Third Window for Electricity Interconnectors
Decision
- Publication date
- Industry sector
- Transmission Network
- Licence type
- Electricity Interconnector Licence
This decision sets out our approach to providing a means for interconnector projects of the Third Cap and Floor Window for Electricity Interconnectors that have encountered delays, caused by force majeure events, during the pre-operational period to request a later Regime Start Date for the Authority’s consideration.
You will see our modifications to the standard conditions of the electricity interconnector licence.
We have decided to:
- Insert a new standard condition 26B [Condition 26B. Delay to Regime Start Date caused by Pre-Operational Force Majeure (Third Window)] into Section G of the electricity interconnector licence; and
- We are also providing a complementary process for considering requests submitted before licence conditions, implementing the cap and floor regime, take effect in the licence granted to an affected licensee.
- Policy Decision on the framework applicable to the procedural steps, assessment, and decision-making for Pre-Operational Force Majeure requests made by Third Window licensees.
This process largely mirrors the mechanism contained in the new standard condition 26B.
This decision more widely fits within the timelines and incentives framework applied to the Third Cap and Floor Window for Electricity Interconnectors. Separately we published new and modified incentives and concepts for the treatment of interconnector project delivery delays.