Ofgem confirms new opportunity for interconnector cash

Ofgem has decided to provide another opportunity for interconnector developers to get their plans included in its scheme that guarantees them a set level of payment for electricity. It is the second opportunity window under the regulator’s “cap and floor scheme” and will be open from 31st March to 31st October next year. It follows […]

Window of opportunity for interconnector cash

Developers can now apply to get their plans for electricity links between the UK and other countries included in the “cap and floor” scheme which guarantees them a set level of payment for electricity. There are two months to hand in applications for interconnectors to Ofgem, it announced yesterday, with the deadline of 30 September 2014. […]

Ofgem proposes new rules to boost electricity links

Ofgem has issued proposals for a new approach to help more electricity interconnectors to be built between the UK and other nations. Under the proposed “cap and floor” framework, developers would put forward proposals for interconnectors and build them while Ofgem would “assess, approve or reject individual plans” as well as regulate how much money […]