Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Ofgem published its "Offshore Transmission: Cost Assessment for the West Of Duddon Sands transmission assets" decision, completing the financial cost assessment required under the OFTO regime. The report defines the scope of the WoDS transmission assets (one offshore platform, two approximately 41 km subsea export cables, two about 3 km onshore export cables, and an onshore substation at Heysham with two 400 kV bays) and determines the efficient cost of developing and constructing them. The cost assessment table shows that the total assessed transfer value for the assets was reduced from an initial figure of 311.0 to 268.9 million (in the same units), forming the basis for the price the eventual OFTO would pay and for setting its allowed regulated revenue.