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OFTO tenders

On 10 October, Ofgem started the fifth tender round for offshore transmission owners (OFTOs), where companies will bid to become owners of five transmission links to offshore windfarms.

The five links have a total estimated value of £2 billion and a generation capacity of 2.3GW, which makes Tender Round Five (TR5) the largest to date.

Ofgem will choose the most competitive bids from companies to own and run links to the offshore sites over a 20-year period. The five offshore windfarms for which transmission links are being tendered are:

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