Need for the OnTW Sample Clauses

Need for the OnTW. The requirements for the OnTW in relation to ICOL’s Offshore Wind Farm and Offshore Transmission Works (OfTW) are set out in Chapter 1: Introduction which confirms that the OnTW are required to connect ICOL’s Offshore Wind Farm to the National Electricity Transmission System (NETS). As detailed in Chapter 1: Introduction ICOL is currently acting as ‘interim Offshore Transmission Owner (OfTO)’. As an OfTO, ICOL is required by the Office of Gas and Electricity Markets (OfGEM) to deliver best value for money to the customer and justify their key decisions as part of the obligations under the Energy Act 2004.
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