Evolving the OFTO Regime to enable the next wave of offshore wind report

Evolving the OFTO Regime to enable the next wave of offshore wind - RenewableUK and Scottish Renewables joint report.

The Offshore Transmission Owner (OFTO) regime has supported Great Britain in establishing itself as a global leader in offshore wind generation over the past two decades. However, there is broad consensus amongst generators that the regime is under pressure to keep pace with the challenges posed by wider policy changes, assets approaching end-of-life, the increasing size, complexity and cost of offshore wind and transmission projects, and technology changes which alter how projects are designed, procured, constructed and operated.

In response, Scottish Renewables and RenewableUK, has published a new report examining the OFTO regime and proposing a series of recommendations to modernise the framework and address these challenges. 'Evolving the OFTO Regime to enable the next wave of offshore wind' outlines 13 recommendations across four priority areas - Cost Assessment, Generator Commissioning Clause (GCC), Operations and Maintenance (O&M) incentives, and End of Tender Revenue Stream (EoTRS) policy.

Taken as a whole, these recommendations will ensure the regime is able to maintain new capacity, capacity nearing the end of its planned operational life, and operational projects that are dependent on the offshore transmission system to export green electrons.