Ofgem Decision: Offshore Transmission Tender Round 9 Excess Recoveries
Summary
Ofgem has completed its aggregation exercise for Offshore Transmission Tender Round 9 (TR9), confirming that recoveries exceeded tender costs by £56,012. This decision outlines the process for the repayment of these excess funds.
What changed
The Office of Gas and Electricity Markets (Ofgem) has finalized its aggregation and assurance process for Offshore Transmission Tender Round Nine (TR9). The assessment revealed that the recoveries made under the cost recovery methodology surpassed the Authority's tender costs by £56,012. This document formally communicates Ofgem's decision regarding the repayment of this identified excess amount.
This decision is primarily informational for the entities involved in TR9. The primary action required is the repayment of the £56,012 in excess funds by the relevant parties to Ofgem. No specific compliance deadline is mentioned, but the decision implies that the repayment process should be initiated promptly following this publication.
What to do next
- Initiate repayment of £56,012 in excess funds to Ofgem.
Source document (simplified)
Outcome of the aggregation exercise for Offshore Transmission Tender Round 9 (TR9)
Publication type: Decision Publication date:
20 March 2026
Topic: Offshore electricity transmission Subtopic: OFTO tender round 9 Get emails about this page Print this page
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- The Authority has completed the aggregation and assurance work for Offshore Transmission Tender Round Nine (TR9), undertaken to confirm whether recoveries under the cost recovery methodology match the tender costs incurred.
The assessment shows that recoveries exceeded the Authority’s tender costs by £56,012. This document sets out the Authority’s decision on the repayment of that amount.
Documents
Repayment of excess funds following the aggregation of income and costs on Offshore Transmission Tender Round Nine (TR9) [PDF, 96.41KB] Get emails about this page Print this page
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