Ofgem has launched TR5 to identify a successful bidder to whom an offshore transmission licence will be granted for five qualifying projects. The projects that have met the necessary qualifying requirements and tender entry conditions (in accordance with the Electricity Regulations 2015) for TR5, are:
Dudgeon Offshore Wind Farm
Galloper Wind Farm
Rampion Offshore Wind Farm
Race Bank Offshore Wind Farm
Walney Extension Offshore Wind Farm
This generic Preliminary Information Memorandum outlines an opportunity for investors to acquire electricity transmission assets under the regulatory regime governing the ownership and operation of offshore electricity transmission. It also details the process that we will follow in conducting each tender exercise.