Ofgem appoints Beatrice OFTO front runner
UK Office of Gas and Electricity Markets (Ofgem) has appointed Transmission
Capital Partners, a consortium comprising INPP (International Public Partnerships
Limited), Amber Infrastructure and Transmission Investment as preferred
bidder for the offshore transmission assets of the Beatrice
offshore wind farm.
It is the ninth such project that Transmission Capital Partners has been
appointed to, as preferred bidder. The company expects to invest
up to £60 million, with financial close to occur in 2020.
Before it moves to the next stage, Transmission Capital Partners is required
to establish the necessary arrangements to provide offshore transmission
services for the project. This includes having all relevant contractual,
funding, regulatory and operational arrangements ready for the transfer
of transmission assets and the granting of the offshore transmission licence.
Furthermore, it must put in place a bilateral agreement with the holder
of a co-ordination licence to provide transmission services for the project,
accede to the System Operator Transmission Owner Code and resolve any other
matters which the Ofgem determines are necessary in relation to the project.
The £2.6 billion Beatrice
project is owned by SSE Renewables, Copenhagen Infrastructure Partners
and Red Rock Power Limited, and was constructed through project company
Beatrice Offshore Windfarm Limited. It was given the green light for construction
following Financial Close on 23 May 2016. The project exported first
power in July 2018. The
588 MW project is situated 13 km off the Caithness coast and its 84 Siemens
are expected to be capable of generating enough electricity to power approximately
450,000 homes per year.
Each of Beatrice’s turbines, at 188 m from sea level to blade tip, stands
taller than the London Eye and the project is the largest offshore wind
farm in the world to use jacket foundations. These jackets weigh around
1,000 tonnes each and are installed in water depths of over 56 m.
The transmission assets for Beatrice
have been tendered under the sixth tender round of Ofgem's OFTO (Offshore
Transmission Owner) regime. Ofgem and the UK government launched the OFTO
regime in 2009 and, since then, winning bidders have so far invested more
than £3.3 billion in links and generation assets.
For more information on offshore wind farm grid connection systems, click