Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
Viking Link’s final investment decision (FID) was taken in September 2018 by the project developers (National Grid Viking Link Ltd alongside Energinet). Ofgem used the date of this FID as the financial parameter reference point for setting cap-and-floor inputs and modelled returns. The FID marked the transition from development to committed procurement and construction activity for the 1.4 GW GB–Denmark interconnector and underpinned subsequent contract awards and financial modelling used at the Final Project Assessment.