Research to quantify the economic opportunities as a result of global energy transition for future UK Government policy development

A Contract Award Notice
by BEIS

Source
Contracts Finder
Type
Framework (Services)
Duration
3 month
Value
£101K
Sector
PROFESSIONAL
Published
03 Jan 2024
Delivery
05 Jan 2024 to 29 Mar 2024
Deadline
08 Dec 2023 13:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

The green transition will reshape global markets, provide new opportunities for businesses and have benefits beyond just reducing emissions. We are seeking research to be undertaken to answer some key questions for us in order to inform policy making decisions. We will be looking for a quantitative, evidence-based narrative on the benefits from a faster global transition. The objectives of the project are to: Fill highlighted evidence gaps with robust, quantifiable and published analysis which can be used to directly support policy development. Provide a quantitative, evidence-based assessment on how benefits change from different rates of the global transition. We are aware of the additional costs associated with a global transition, including the higher costs from a faster clean transition, but traditionally the benefits, particularly in relation to the UK are less well understood. The aim is that this analysis will help provide a more balanced quantitative assessment. This analysis should focus on benefits, opportunities out to 2030, but also consider the longer-term benefits out to 2050 for some of the more nascent technologies.

Award Detail

1 Ricardo AEA (Shoreham by Sea)
  • Value: £100,870

CPV Codes

  • 73110000 - Research services

Indicators

  • Contract is suitable for SMEs.
  • Contract is suitable for VCOs.

Other Information

Redacted Contract Contract vREDACTED prj_2428 - Benefits Economic Transition - Contract -vREDACTED.pdf

Reference

Domains