A narrow cap and floor regime will be introduced for pilot non-standard interconnector (NSIs) projects, which link Great Britain to offshore wind farms in a foreign jurisdiction. Ofgem set out its decision on the regulatory framework in response to a consultation on the Offshore Hybrid Asset (OHA) pilot scheme. A separate framework will be set for multi-purpose interconnectors (MPIs), after Ofgem separated the regulatory regimes for the two forms of offshore hybrid asset.
Cap and floor regime lined up for interconnectors linked to foreign wind farms
