PS22251 - Market Signals and Renewables Investor Behaviour (RAF040/2223)

A Contract Award Notice
by DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

Source
Contracts Finder
Type
Contract (Services)
Duration
5.5 month
Value
£60K
Sector
PROFESSIONAL
Published
06 Oct 2022
Delivery
10 Oct 2022 to 31 Mar 2023
Deadline
19 Sep 2022 13:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a competitive procurement exercise. Brief Description of Requirement The project will gather new evidence on investment behaviour in GB renewable electricity generation assets (onshore wind, offshore wind, solar, and biomass), including how such behaviour could be influenced by increased price / market exposure beyond that experienced under the current Contracts for Difference scheme. This evidence will be crucial to drive efficient investment in GB renewables and deliver our sector ambitions at the lowest cost to consumers. The results will help us investigate the opportunities (or lack thereof) to operate on a more market led basis with additional price exposure (for generators; currently price exposure is faced by consumers), to be delivered through evolution of the Contracts for Difference (CfD) scheme and the ongoing Review of Electricity Market Arrangements (REMA).

Award Detail

1 Frontier Economics (London)
  • Value: £59,995

CPV Codes

  • 73000000 - Research and development services and related consultancy services

Indicators

  • Contract is suitable for SMEs.

Reference

Domains