Consultation for Assessment on the Need for a Regulated Operating Revenue Regime for Future Interconnection

The Utility Regulator has published a consultation document setting out our proposed approach for the ‘Assessment on the Need for a Regulated Operating Revenue Regime for Future Interconnection’.

During 2026 we will undertake an assessment to establish if there is a need for a regulated operating revenue regime for the LirIC Interconnector Project. 

TI LirIC Limited (TI) intend to build a 700MW interconnector between Northern Ireland and Scotland, known as LirIC, which is currently planned for completion in 2032.

TI have requested a regulated cap and floor revenue regime arrangement for LirIC, akin to the regime established by Ofgem. This is the first request we have received for a prospective Northern Ireland interconnector development project.

We welcome feedback to this consultation via email to iclicence@uregni.gov.uk by 16:00 on 15 January 2026. 

We are also publishing the responses to our previous consultation on the proposed Electricity Transmission Licence for TI LirIC Limited. Responses can be found here.
 

Additional information: 

• Your response may be made public by the Utility Regulator. If you do not want all or part of your response or name made public, please state this clearly in the response by marking your response as ‘CONFIDENTIAL’.

• If you want other information that you provide to be treated as confidential, please be aware that, under the Freedom of Information Act 2000, there is a statutory Code of Practice with which public authorities must comply and which deals, amongst other things, with obligations of confidence. In view of this, it would be helpful if you could explain to us why you regard the information you have provided as confidential.

• Information provided in response to this consultation, including personal information, may be subject to publication or disclosure in accordance with the access to information regimes (these are primarily the Freedom of Information Act 2000 and the Data Protection Act 2018.

• As stated in the GDPR Privacy Statement for consumers and stakeholders, any personal data contained within your response will be deleted once the matter being consulted on has been concluded, though the substance of the response may be retained. 

• Copies of all documents can be made available in large print, Braille, audio cassette and a variety of relevant minority languages if required. 

Ways to respond