Gwynt y Môr OFTO plc: determination under paragraph 23 of Amended Standard Condition E12-J3
Summary
Ofgem has issued a determination on an Income Adjusting Event (IAE) claim from Gwynt y Môr OFTO plc under the OFTO licence condition E12-J3. The notice was received on 22 October 2025. The determination letter and its substance are in the attached PDF, which is not available in the extracted text.
Why it matters
IAE determinations adjust OFTO revenue to reflect costs outside the operator's control. Routine for the OFTO regime but the direction of adjustment (upward or downward) affects TNUoS charges passed to consumers.
Key facts
- •IAE notice received by Ofgem on 22 October 2025
- •Determination issued 23 April 2026
- •Gwynt y Môr is a 576 MW offshore wind farm in the Irish Sea
- •OFTO regime uses Income Adjusting Events to handle costs outside operator control
Timeline
Areas affected
Memo
Gwynt y Môr OFTO plc: determination under paragraph 23 of Amended Standard Condition E12-J3 | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: Gwynt y Môr OFTO plc: determination under paragraph 23 of Amended Standard Condition E12-J3 Publication type: Decision Publication date: 23 April 2026 Topic: Offshore electricity transmission Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Our determination in relation to a Notice of an Income Adjusting Event from Gwynt y Môr OFTO plc. On 22 October 2025, the Authority received a notice from Gwynt y Môr OFTO plc in respect of an event which Gwynt y Môr OFTO plc considers to be an income adjusting event (IAE). The Authority sets out its determination in this letter. Documents Final determination in relation to notice of an income adjusting event from Gwynt y Môr OFTO plc [PDF, 204.39KB] Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close