Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
In December 2011, industry analysis highlighted that the next round of UK Offshore Transmission Owner (OFTO) tenders, Transitional Round 2, would start in 2012 and include the transmission links for the Humber Gateway, Race Bank and West of Duddon Sands wind farms, with a combined estimated value of around £1bn. Grant Thornton, advising Ofgem on this £2bn OFTO round, noted this pipeline as a key long‑term investment opportunity, signalling that Race Bank’s offshore transmission assets would be tendered to an independent OFTO via this competitive regulatory process.