Ofgem To Launch Tender For Owners Of Over 1.7 GW Of Offshore Wind Links

16th November 2020

UK energy market regulator Ofgem will hold a tender for the offshore transmission licences for the 900-MW Moray East and 857-MW Triton Knoll offshore wind farms.

The competitive round will open on November 30, 2020, the watchdog said last week. This will be the seventh such tender.

Bidders will compete to become Offshore Transmission Owners (OFTOs) of the transmission assets for the two wind parks. According to Ofgem, the assets taking part in the competition will be worth over GBP 1.3 billion (USD 1.7bn/EUR 1.45bn).

The Moray East project was awarded a contract for difference (CfD) at GBP 57.50 (USD 72.9/EUR 64.2) per MWh. In February 2019, it signed a 15-year power purchase agreement (PPA) with UK energy company Centrica PLC (LON:CNA). Its 100 MHI Vestas 9.5 MW turbines, to be installed 22 km (13.7 miles) off the Caithness coastline in Northern Scotland, are planned to go live in 2022. The project is owned by Diamond Green Limited (33.4%), Moray Offshore Renewable Power Limited (33.3%), Delphis Holdings Limited (23.3%) and China Three Gorges Limited (10%).

The Triton Knoll wind farm will be installed 20 miles (32.2km) off the Lincolnshire coast, consisting of 90 units of 9.5-MW MHI Vestas turbines. The complex is scheduled for commissioning in the first quarter of 2021. RWE Renewables (59%), J-Power (25%) and Kansai (16%) are behind the scheme.

Source - https://renewablesnow.com/