Content Summary
ARE WE DOING U-K? - 06
We take a look at how the UK is doing in terms of wind power. A new government deal suggests the UK could more than double its wind power capacity to 30GW, exciting times to come.
RENEWABLE ASIA - 10
We look at why the renewable energy sector in Asia has grown so rapidly over the last few years. With China alone set to install 10GW of offshore wind energy by 2020, much more is to come from the world's largest continent!
MEET CALUM - 12
Calum Galvin, one of our Energy recruitment consultants discusses how his first year at Mane has been, what he’s enjoyed and what he’s excited for in the future.
BEATRICE - 14
Beatrice Offshore Wind Farm reached completion not so long ago so we take a look into how the project went. It’s predicted to power 450,000 homes for around 25 years!.
2 | MANE ENERGY | JANUARY 2019
2 | MANE ENERGY | AUGUST 2019
OFTO
The UK Government have set ambitious targets for the deployment of renewable energy over this decade. In the next year, the government expects 15 per cent of the UK’s total needs to be met from renewable energy sources, leading to around 30% of our electricity coming from renewables.
In order to achieve this substantial deployment of green energy, the government has established a policy framework to support investment in renewable generation. This regime is called the offshore transmission regulatory.
An OFTO is competitively appointed by Ofgem through a tender process, when awarded an OFTO license is given. This authorises the holder to participate in the transmission of electricity in respect of an offshore transmission system. The license sets out an offshore transmission owner’s rights and obligations as an offshore transmission asset owner and operator.
By bringing in the OFTO regime it has proven to be a successful way of connecting cleaner electricity generation to networks at a lower cost for consumers. It is also a boost for competition as it attracts new players to the market.
OFFSHORE TRANSMISSION SYSTEM