The generic offshore transmission owner (OFTO) licence for Tender Round 3
Decision
Publication date
Industry sector
Offshore Transmission Network
We have published a revised OFTO licence for Tender Round 3 following our consultation on the proposed drafting in October 2013. The decision letter summarises responses to the consultation, confirms our approach to evaluating biddable indexation and sets out key changes to the licence drafting in the following areas:
• Biddable indexation
• Refinancing gain share
• Availability incentive – capacity weighting mechanism
• Financial security
• Sulphur hexafluoride emissions reporting