Examples of Offshore Transmission Licence in a sentence
The licence sets out an OFTO’s rights and obligations as the offshore transmission asset owner and operator.Offshore Transmission Owner (OFTO)The holder of an Offshore Transmission Licence.
Responses which highlight issues for us to address, including issues in relation to the Tender Exercise, Offshore Transmission Licence or regulatory regime, should be raised as clarifications in accordance with the procedure set out in paragraph 2.29.Section 10: EPQ Certificate Where a Bidder is formed of a Bidder Group, each Bidder Group member must complete this Certificate individually.
If a consortium Applicant is chosen as Preferred Bidder following thecompletion of later tender stages, Ofgem would expect a special purpose vehicle or similar, to be established prior to the grant of the Offshore Transmission Licence.
Subject to any interim or final findings of any proceedings brought within the ten working day period referred to in paragraph 10.12, at the end of such ten working day period Ofgem will determine whether or not to grant an Offshore Transmission Licence to the Successful Bidder and will publish a notice to that effect.
Evidence that the Authority has issued, and not revoked, an Offshore Transmission Licence to the Purchaser in respect of the Sites in accordance with the provisions of the Electricity Act 1989 and the Tender Regulations.2. A copy of the minutes of a meeting of the directors of the Purchaser authorising the Purchaser to enter into and perform its obligation under this Agreement, certified to be a true and complete copy by a director or the secretary of the Purchaser;3.
Ofgem will provide such feedback at least three working days before the end of the ten working day period referred to above or, if that is not possible, Ofgem will extend the ten working day period to ensure that the Qualifying Bidder receives feedback at least three working days prior to the date on which Ofgem proposes to grant the Offshore Transmission Licence to the Successful Bidder.
He gave assurances that the termination agreement was not detrimental to the Force and agreed to provide information on the spend and services received during the operation of the contract.
Ofgem will allow a period of at least ten working days to elapse between the date on which it publishes the notice to the Successful Bidder and all Qualifying Bidders referred to in paragraph 10.11 above and the date on which it proposes to grant an Offshore Transmission Licence to the Successful Bidder.
Pursuant to section 6C of the Electricity Act 1989, the Authority may make regulations to run the Tender Round and will ultimately grant the Successful Bidder(s) an Offshore Transmission Licence.
However, single entity organisations may consider that the resources, range and depth of skills required for a Qualifying Project are such that they wish to collaborate to form a consortium, with a lead organisation or special purpose vehicle ultimately being issued the Offshore Transmission Licence.