Offshore Transmission: Cost Assessment Development Update
Decision
Publication date
Industry sector
Offshore Transmission Network
On 4 December 2013 we published a consultation considering how benchmarking could be further incorporated into the cost assessment process, how Ofgem could engage with developers and whether it might be appropriate to introduce new incentives for developers in relation to the costs of developing and constructing offshore transmission assets.
This conclusions document sets out our position that we will maintain the current cost assessment process for Offshore Transmission, continue to use benchmarking and introduce improvements in our process of engagement with developers.