Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
Ofgem published its Decision on the Post Construction Review for Viking Link on 11 July 2025 and set the final decommissioning expenditure allowance (Decommex) for the GB share at £49.4 million. The decision determined the Post Construction Adjustment (PCA) terms and confirmed the final cap and floor levels for National Grid Viking Link Limited (NGVL), reflecting Ofgem’s assessment of the project's decommissioning cost forecast at PCR stage. The allowance represents the regulator’s assessed funding for end‑of‑life activities associated with Viking Link’s GB share and forms part of the project’s long‑term financial planning.