Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
Ofgem published its Final Project Assessment decision on 17 July 2018 granting NGIFA2 a cap-and-floor regulatory regime for the GB share of IFA2 and setting provisional annual cap and floor levels for NGIFA2’s 50% share. The provisional cap was set at £50.7 million per year and the provisional floor at £27.6 million per year (all in 2016/17 prices); these values were to be finalised at the post-construction review.