The Government Impact Assessment (IA), which accompanied the final Offshore Transmission Consultation Document in March 2009, estimated the total cost to DECC and Ofgem in the four years of developing the new offshore transmission regime to be £3.4 million. This included internal staff, technical, legal and economic costs and the costs of consultancy. It covered the development of proposals, drafting instructions for modifications to codes and licences, and including provisions in the Energy Act 2008. The IA also showed the estimated net benefit of the new regime to be £925 million and is available at:
National Grid Electricity Transmission (NGET), in its role as GB System Operator Designate, incurred costs of £1.563 million in helping to develop the regime. NGET's costs have been approved as economic and efficient by the Gas and Electricity Markets Authority.
We have recently published our Renewable Energy Strategy for the UK (available in the Library or on the DECC website) setting out the policies and actions we will take to deliver 15 per cent. of our energy from renewable sources by 2020. This will form the basis for the National Action Plan to be submitted to the EU Commission by summer 2010.