Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 25 July 2014, TC Ormonde OFTO Limited submitted the "Offshore Cable Repair Vessel and Universal Joint" project to Ofgem for consideration under the Electricity Network Innovation Competition (NIC). The application sought NIC funding to support development of a dedicated offshore cable repair vessel and a universal high‑voltage cable joint, with TC Ormonde acting as the Funding Licensee.