Cap and floor - first application window submissions


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Transmission Network

In August this year we put in place a new regulated route for near term interconnector investment – the ‘cap and floor’ regime.  In September we proposed that this route would also be available in the longer term.

The first application window for the cap and floor regime closed on 30 September 2014. The new  cap and floor regulatory regime has attracted five potential projects in the first application window. We are now in the process of assessing if they fit our eligibility criteria.

We intend to open the second application window next year.