Ofgem will start its next tender round to sell transmission assets from UK offshore wind farms on 10 October.
The fifth Offshore Transmission Owner or OFTO tender will enable bidders to compete for grid assets from five projects with a total capacity of 2.3GW.
The UK energy regulator said the links have an estimated value of £2bn in total, which makes the round the biggest to date.
Assets on offer comprise the 402MW Dudgeon, 336MW Galloper, 573MW Race Bank, 400MW Rampion and the 660MW Walney extension projects.
“Since the launch of the OFTO regime, the first three tendering rounds have delivered £700m in savings and have attracted over £3bn in investment value,” Ofgem senior partner for networks Jonathan Brearley said.
“By providing the opportunity for investors to now participate in the tendering of over £2bn of assets in the next round, it should ensure the delivery of further value for consumers and contribute to reducing the overall cost of offshore wind.”
Image: ReNEWS
