Equipping the OFTO regime for the future
Memo
Equipping the OFTO regime for the future | 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: Equipping the OFTO regime for the future Publication type: Consultation Publication date: 2 February 2026 Closing date: 30 March 2026 Status: Open Topic: Offshore electricity transmission Get emails about this page Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Policy proposals to help meet increased demand and maximise participation in the tenders. Since the first Offshore Transmission Operator (OFTO) licences were granted in 2011, the OFTO market has become increasingly mature and complex. In the first 14 years of the regime, we have licensed 28 OFTOs, worth £10bn, across 9 tender rounds, with a highly competitive cost of capital. However, due to the rapid growth of UK offshore wind capacity over the next decade, there is likely to be a significant increase in the number of offshore transmission assets coming forward for tender in the coming years. We have been working to ensure that the regime is fit for purpose, and this consultation puts forward further proposals to help us meet this increased demand and maximise participation in the tenders. What we are consulting on allowing bidders to claim reimbursement of costs for their first successful application for Enhanced Pre-Qualification (EPQ) status being able to ‘passport’ the EPQ status across tender rounds including more qualitative elements in bid assessments management of large tender rounds with more than four assets Who should respond People with an interest in offshore transmission, particularly developers, offshore transmission owners, investors and potential bidders. We also welcome responses from other stakeholders and the public. How to respond We are asking for your feedback on each topic with questions throughout. Please respond as fully as you can and send your response to offshorelicencing@ofgem.gov.uk . Consultation documents Equipping the OFTO Regime for the Future [PDF, 196.68KB] Get emails about this page Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close Notify me Would you like to be kept up to date with Equipping the OFTO regime for the future ? subscribe to notifications: Email Submit Close