Design Options for Nodal Pricing in GB
key details
| Value | £350,000 |
|---|---|
| Status | complete |
| Category (CPV) | 71314000 +2 more |
| Region | London |
| Deadline | 17 Jan 2022 |
| Procedure | open |
| OCID | ocds-h6vhtk-02fcd0 |
Awards (2)
This procurement was awarded to 1 suppliers. Values shown are per-award; the notice total is £350,000.
| Supplier | Value | Date | Status |
|---|---|---|---|
| FTI Consulting | £350,000 | 23 Mar 2022 | active |
| FTI Consulting | · | · | active |
description
This procurement is for a party to support and work alongside Ofgem in delivering a technical assessment of nodal pricing for GB.
Ofgem is keen to investigate further the potential of nodal pricing in enabling a cost-effective, secure pathway to Net Zero for the whole energy system. Greater locational and temporal market signals have the potential to drive more efficient use of system assets and lower total system costs by:
- incentivising optimal demand and supply responses (in the right place at the right time);
- stimulating innovation in storage and demand response in the places it is needed; and
- supporting competition between demand/storage solutions and new network capacity.
documents
- https://www.contractsfinder.service.gov.uk/Notice/922a6303-8f8b-4c17-ab26-700a4838f7f0 , tenderNotice
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=DEC163265 , tenderNotice
Documents are linked, not mirrored. They are served by the publishing authority and may require registration.
notice history
4 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 3 Dec 2021 | Contract notice (F02) | Earlier regulations | 030042-2021 |
| 3 Dec 2021 | Tender (tender) | · | 922a6303-8f8b-4c17-ab26-700a4838f7f0-491311 |
| 30 Mar 2022 | Contract award notice (F03) | Earlier regulations | 008579-2022 |
| 30 Mar 2022 | Award (award) | · | 00a76fcf-a52f-47ab-ac3c-2d0cee53f3a9-523271 |
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source
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