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#57 Project Commitment Fee - Guest Series with Alex Ikonic, Grid Engineer, Ørsted
This episode of the Connectology® podcast dives into the evolving Project Commitment Fee (PCF) with special guest Alex Ikonic, Grid Engineer at Ørsted, who brings insights from the CMP448 CUSC work group. The PCF—originally proposed by NESO as a £20,000/MW bond—has been revised to a phased fee starting at £2,500/MW, rising to £10,000/MW, and triggered only if 6 GW of post-Gate 2 generation projects are terminated.
The discussion highlights:
Listen now to hear why Ørsted and Roadnight Taylor are voting against the current proposal—for now—and why they believe we should give Connections Reform a chance before bringing in new penalties.
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By Roadnight TaylorThis episode of the Connectology® podcast dives into the evolving Project Commitment Fee (PCF) with special guest Alex Ikonic, Grid Engineer at Ørsted, who brings insights from the CMP448 CUSC work group. The PCF—originally proposed by NESO as a £20,000/MW bond—has been revised to a phased fee starting at £2,500/MW, rising to £10,000/MW, and triggered only if 6 GW of post-Gate 2 generation projects are terminated.
The discussion highlights:
Listen now to hear why Ørsted and Roadnight Taylor are voting against the current proposal—for now—and why they believe we should give Connections Reform a chance before bringing in new penalties.