NeuConnect Britain Limited – Decision on a request for a later regime start date for the NeuConnect interconnector project
Decision
- Publication date
- Company
- NeuConnect Britain Limited
- Industry sector
- Transmission Network
- Licence type
- Electricity Interconnector Licence
In June 2021, we published a decision providing a means for cap and floor interconnector projects that have encountered delays, caused by force majeure events during the pre-operational period, to request a later Regime Start Date (RSD).
NeuConnect Britain Limited (NBL), as developer of the NeuConnect interconnector to Germany, submitted a request for a 30-month delay to their RSD based on several events the project has experienced which NBL consider to be beyond its reasonable control and which have obstructed progress in some key areas. Following careful consideration of NBL’s request, we have agreed to a later RSD of 30 June 2026.
This decision will be reflected in NBL’s electricity interconnector licence once the relevant licence conditions have taken effect.