HS1 Ltd - Electricity Supply Contract

Description

HS1 Limited has an Electricity volume requirement for both traction and non-traction of c.220 GWh p.a. and is seeking to procure its next generation Electricity Supply Contract (ESC) which will have a duration of up to 5 years. The new contract will have an initial lead in period from April 2024 to allow for forward planning and purchasing and will become live for Supply from 1 April 2025. The ESC will need to be strategically aligned to HS1`s Sustainability Strategy and will need to facilitate 100% renewable energy. There is a specific requirement for the ESC to sleeve trades from current and future Corporate Power Purchase Agreements which will account for the majority of baseload power. The RFP including the full-Service specification and evaluation criteria will be published in the Call for Competition which will be issued in mid-September 2023. There will be a six-week response time allowed for any interested bidders meeting the published criteria to submit their response.

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