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PS22251 - Market Signals and Renewables Investor Behaviour (RAF040/2223)

Department for Business, Energy & Industrial Strategy Published 17 Oct 2022 Contracts Finder

key details

Value£59,995
Statuscomplete
Category (CPV) 73000000
Deadline19 Sept 2022
Contract start10 Oct 2022
Contract end31 Mar 2023
Procedureopen
SME suitableYes
OCIDocds-b5fd17-c8b34c18-c4ee-492c-b868-c880e731519f

Award

SupplierValueDateStatus
Frontier Economics Limited £59,995 4 Oct 2022 active

description

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

This procurement is being concluded following a competitive procurement exercise.

Brief Description of Requirement

The project will gather new evidence on investment behaviour in GB renewable electricity generation assets (onshore wind, offshore wind, solar, and biomass), including how such behaviour could be influenced by increased price / market exposure beyond that experienced under the current Contracts for Difference scheme.

This evidence will be crucial to drive efficient investment in GB renewables and deliver our sector ambitions at the lowest cost to consumers. The results will help us investigate the opportunities (or lack thereof) to operate on a more market led basis with additional price exposure (for generators; currently price exposure is faced by consumers), to be delivered through evolution of the Contracts for Difference (CfD) scheme and the ongoing Review of Electricity Market Arrangements (REMA).

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
17 Oct 2022 Award update (awardUpdate) · 19c2e9d0-0090-4433-a514-aacd2f098d3f-580968

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