Interconnector Third Window and MPI Pilot Regulatory Framework

Concepts

• finance
• cba
• ofgem’s third cap
• interconnector third window
• new interconnectors
• multi-purpose interconnectors
• floor application window
• existing interconnector landscape
• mpi pilot regulatory framework
• interconnector projects

Location

United Kingdom:

Description

This procurement is to is to appoint a tenderer to support the Future Interconnection team within the Networks division. Support is required to develop and undertake a cost-benefit analysis (CBA) on new interconnectors and Multi-Purpose Interconnectors (MPIs) that have applied to Ofgem’s Third cap and floor application Window and the MPI pilot scheme respectively. The CBA forms part of the Initial Project Assessment (IPA) to inform whether projects are granted a cap and floor regime in principle. The CBA will assess the needs case of proposed projects, taking into account their socioeconomic value, wider network and environmental impacts, and against the existing interconnector landscape. The needs case assessment ensures that projects are in consumers’ interests, and along with a wider assessment of deliverability and maturity, the assessment will enable Ofgem to make informed decisions on whether projects should be awarded a cap and floor regulatory regime in principle. The successful tenderer will be expected to deliver modelling based on a pre-defined methodology developed by Arup and published by Ofgem in 2022, assessing the impacts of proposed interconnector projects, and the interactions between them and the wider energy system. The successful tenderer will then be expected to produce a publishable

Total Quantity or Scope

This procurement is to appoint a tenderer to support the Future Interconnection team within the Networks division. … The successful tenderer will then be expected to produce a publishable. Additional information: Please see attached 2022-127 Media & Social Media Monitoring, Insight and Evaluation ITT for further information.

Renewal Options

Ofgem reserves the right to extend the contract for up to 1x 2 month period

Award Criteria

CPV Codes

• 66171000 - Financial consultancy services
• 79311400 - Economic research services
• 79311410 - Economic impact assessment

Indicators

• This is a one-off contract (no recurrence)
• Renewals are available.
• Professional qualifications are sought.
• Staff qualifications are relevant.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** Please see attached 2022-127 ITT for further information. NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at https://www.mytenders.co.uk/Search/Search_Switch.aspx?ID=228563. The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at https://www.mytenders.co.uk/sitehelp/help_guides.aspx. Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems. (MT Ref:228563)