Regulatory Other

In its review of OFTO performance for the 2015/16 year, Ofgem recorded Walney 2’s prolonged subsea export cable outage, which began with a breakdown on 4 December and lasted over 105 days, as an ‘exceptional event’. Walney 2 consequently failed the 98% availability target for the year, but whether financial penalties would apply was left contingent on Ofgem’s final income‑adjusting decisions, with the outages already logged as exceptional in the regulatory process.