Three ‘bidding groups’ have been shortlisted in the tender to own and operate the offshore transmission connections to two offshore wind farms.
Ofgem says the value of operating and owning the two links is around £1.3billion.
Triton Knoll is a 857MW wind farm in the Greater Wash, 32 km off the coast of Lincolnshire. It is Jointly owned by RWE Renewables (59%), J-Power (25%) and Kansai (16%). Diamond Transmission Partners, Equitix TEPCO Consortium and Transmission Capital Partners have been shortlisted in the tender.
Moray East is a 900MW wind farm 22km off the Caithness coastline in Northern Scotland. It is owned by Diamond Green Limited (33.4%), Moray Offshore Renewable Power Limited (33.3%), Delphis Holdings Limited (23.3%) and China Three Gorges Limited (10%). Equitix TEPCO Consortium and Transmission Capital Partners have been shortlisted.
Ofgem will now invite the companies to tender and appoint an OFTO for each link. The OFTOs will receive a guaranteed revenue stream, so long as the link is available.
- ·Diamond Transmission Partners a consortium of Mitsubishi Corporation and Chubu Electric Power Co., Inc.
- Equitix TEPCO Consortium, a consortium of Equitix Limited and TEPCO Power Grid Incorporated.
- Transmission Capital Partners, a consortium of International Public Partnerships Limited and Transmission Capital Partners Limited Partnership.
The invitation to tender stage for the Triton Knoll project will start shortly, and that for Moray East is expected to start in August.