PS22323 - Analysis to understand future risks in meeting required electricity capacity for ensuring security of supply - MC

***Modification of the Contract*** Contract Variation PS22323 001 to extend the contract term from 31st July 2023 to 16th October 2023.

***Modification of the Contract*** Contract Variation PS22323 002 to extend the contract term 16th October to 30th November 2023.

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION *****

This procurement is being concluded following a mini competition under the Crown Commercial Services RM3824 Heat Networks and Electricity Generation Assets (HELGA) DPS. Service 1:

Brief Description of Requirement

The Department for Business, Energy and Industrial Strategy (BEIS) seeks to understand the impacts of market, technology, and policy uncertainties on the deployment of flexible/ dispatchable capacity for electricity out to 2035, and the potential impacts on security of supply. We are looking to gather evidence on the likely capacity deployment profiles for a range of flexible technologies out to 2035, and to understand the type of risks associated with achieving these profiles. Through the proposed research project, BEIS is also looking to review a list of modelling assumptions to better inform the generation costs of unabated gas during the net zero transition. Thirdly, BEIS seeks to develop an assessment of a quantification of the impact of the risk of non-delivery of capacity on security of supply and decarbonisation.