Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
In a December 2011 analysis of the UK OFTO regime, Grant Thornton noted that the next round of Ofgem tenders for Offshore Transmission Owners would start in 2012 and would include the transmission links for the Humber Gateway, Race Bank and West of Duddon Sands wind farms, with a combined estimated value of around £1 billion and 1.3 GW of capacity. This indicates that the West of Duddon Sands transmission assets were scheduled to enter Transitional Tender Round 2 in 2012, formally initiating the competitive process to allocate their regulated revenue stream and OFTO licence.