Greater Gabbard

Marker for round 1 tender
Round 1
Marker for round 2 tender
Round 2
Marker for round 3 tender
Round 3
Marker for round 4 tender
Round 4
Marker for round 5 tender
Round 5
*
Developer's initial transfer valueopen key term pop-up

Developer's initial transfer value

The project developer’s initial estimate of how much it will cost them to develop and construct the offshore transmission system. 

**
Indicative transfer value (ITV)open key term pop-up

Indicative transfer value (ITV)

Ofgem’s estimate  of the economic and efficient costs that the project developer ought to incur when developing and constructing the offshore transmission system. 

***
Final transfer value (FTV)open key term pop-up

Final transfer value (FTV)

Ofgem’s final assessment of the economic and efficient costs that the project developer ought to have incurred when developing and constructing the offshore transmission system.

Offshore Transmission Owner (OFTO)
Greater Gabbard OFTO Plc (GET Balfour Beatty - a consortium comprising Balfour Beatty Investments Ltd, Equitix Ltd and AMP Capital Ltd)
Developer
Greater Gabbard Offshore Winds Limited (SSE Renewables [50%], RWE npower renewables [50%])
Installed capacity
500 MW
Transfer Value
£317m ***
Tender Round
Round 1
Status
Licence granted (26 November 2013)

Publications and updates

  • Published: 27th Feb 2018
  • Decisions
  • 2 Associated documents
Final decision in relation to the application for certification under the ownership unbundling requirements of the Third Package by Greater Gabbard OFTO Plc

  • Published: 14th May 2015
  • Decisions
  • 1 Associated documents
In this document the Authority provides consent to Greater Gabbard OFTO plc under standard licence condition E10.

  • Published: 25th Mar 2015
  • Decisions
  • 2 Associated documents
In this letter the Authority approves the Statement of the Basis of Transmission Owner Charges which Greater Gabbard OFTO plc is required to produce under amended standard condition E12-J9.

  • Published: 27th Nov 2013
  • Decisions
  • 1 Associated documents
Notification of designation of Greater Gabbard to the European Commission and the Secretary of State.

  • Published: 27th Nov 2013
  • Decisions
  • 8 Associated documents
This document sets out the assessment of costs which ought to have been incurred in connection with the development and construction of the transmission assets for the Greater Gabbard project and details the cost assessment process we have undertaken.

  • Published: 27th Nov 2013
  • Decisions
  • 1 Associated documents
In this document the Authority provides consent to Greater Gabbard OFTO plc under amended standard condition E12-C2 (Separation and Independence of the Transmission Business).

  • Published: 27th Nov 2013
  • Decisions
  • 2 Associated documents
In this letter the Authority approves the Statement of the Basis of Transmission Owner Charges which Greater Gabbard OFTO plc is required to produce under amended standard condition E12-J9.

  • Published: 27th Nov 2013
  • Decisions
  • 1 Associated documents
In this document the Authority provides consent to Greater Gabbard OFTO plc under standard condition E11 (Credit Rating) to maintain the alternative financial arrangements of an investment grade instrument credit rating in the form of a Moody's rating.

  • Published: 27th Nov 2013
  • Decisions
  • 2 Associated documents
In this letter the Authority approves the Market Rate Revenue Adjustment Methodology Statement which Greater Gabbard OFTO plc is required to produce under amended standard condition E12-A2.

  • Published: 27th Nov 2013
  • Decisions, Licence applications
  • 1 Associated documents
This Notice sets out the reasons, as required by section 49A of the Electricity Act 1989, for the Authority modifying the licence of Greater Gabbard OFTO plc.

Pages