Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 29 November 2023, Ofgem published its Offshore Transmission cost assessment decision for the Triton Knoll offshore wind farm transmission assets, concluding the cost assessment process for Tender Round 7. The decision confirmed the assessed transfer value that Triton Knoll OFTO Limited, a consortium of Equitix and TEPCO Power Grid, incorporated into its tender revenue stream and noted that the Authority had granted an offshore transmission licence to Triton Knoll OFTO Limited.