Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
Ofgem’s published materials refer to the North Sea Link having taken its final investment decision in 2015. That FID established the commercial commitment to construct the 1.4 GW HVDC interconnector between Blyth (GB) and Kvilldal (Norway) and underpinned subsequent project contracting, financing arrangements and regulatory submissions under the cap-and-floor regime.