Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
As part of OFTO Tender Round 4, Ofgem completed a cost assessment for the Burbo Bank Extension offshore transmission system and determined a regulatory transmission assets value of £193.9 million. This assessed value applies to the 258 MW export and onshore grid connection assets associated with the Burbo Bank Extension wind farm and underpins the allowed regulated revenue for the licensed OFTO.