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2023-003 Update of Ofgem's Distributional Framework Model and Archetypes

Ofgem Published 11 Aug 2023 Contracts Finder
The value below is a framework or dynamic market ceiling: the maximum that could be spent across all call-offs, not the value of a single contract. Aggregate figures on this site exclude these to avoid double counting.

key details

Value£33,324
Statuscomplete
Category (CPV) 79310000 +3 more
Deadline1 Jan 2023
Contract start27 Mar 2023
Contract end12 Jun 2023
Procedureopen
SME suitableYes
OCIDocds-b5fd17-1fc777fe-d6c5-4618-970c-af73ad8429fe

Award

SupplierValueDateStatus
Centre of Sustainable Energy £33,324 24 Mar 2023 active

description

Ofgem wanted to create a more dynamic distributional model and archetypes which is able to incorporate new information on consumer behaviour and characteristics as time goes on, rather than the current static model Ofgem has. Ofgem would like to implement price elasticity measures and the application of weights to the respective indicators to accentuate the importance of some of the variables which will in turn provide more accurate results.

Ofgem needs the model to incorporate changes in energy consumption during the day factoring consumer demand and peak usage. Ofgem also wanted to incorporate locational postcode data if possible.

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
11 Aug 2023 Award (award) · cb90462e-2468-4510-9a1f-a930eb69237d-671510

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