SBRI: Flex Markets Unlocked Innovation Programme

A Tender Notice
by DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

Source
Contracts Finder
Type
Contract (Notspecified)
Duration
17 month
Value
£200K-£2M
Sector
INDUSTRIAL
Published
26 Jun 2023
Delivery
31 Oct 2023 to 31 Mar 2025
Deadline
07 Aug 2023 13:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

The Flex Markets Unlocked Innovation Programme, of up to £2.6 million, aims to support the design and development of innovative technical solutions that can facilitate system-wide coordination, standardisation, and revenue stacking across multiple flexibility markets (markets within which flexibility can be bought or sold). This will allow a more diverse and competitive marketplace, unlocking flexibility. The SBRI programme consists of 2 phases: Phase 1 (up to £600,000 funding available) expects to fund 3 feasibility studies to develop robust technical specifications for proposed technical solutions Phase 2 (up to £2 million funding available) expects to fund one project to develop and demonstrate their technical solution

CPV Codes

  • 71314000 - Energy and related services

Indicators

  • Contract is suitable for SMEs.

Other Information

For full details, please follow this link https://www.gov.uk/government/publications/flex-markets-unlocked-innovation-prog...

Reference

Domains