- Publication date
- 18th November 2016
- Information type
- Policy area
In August 2014 we put in place a new regulated route for interconnector investment in GB – the ‘cap and floor’ regime. We held the first window for applications in 2014.
The second window for applications was open from 31 March to 31 October 2016. During this window we received three applications. We’ve assessed them against our eligibility criteria and have decided that they all meet the minimum eligibility criteria, and can therefore progress to the Initial Project Assessment (IPA) stage of our cap and floor assessment process.
The IPA stage will involve us assessing the impacts of the projects, how the projects interact, and whether they are likely to be in the interests of GB consumers. We expect to consult on our draft conclusions by April 2017.