Cap and floor regime summary for the second window
Correspondence and other
Publication date
Industry sector
Transmission Network
In November 2015 we published our decision to open a second cap and floor application window for electricity interconnectors. That window opened on 31 March 2016 and will close on 31 October 2016. The purpose of this letter is to aid developers applying in the second window by providing a single updated and consolidated statement of the default cap and floor regime that will apply. Alongside this letter, we have also published an updated cap and floor financial model.