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| Source: | Contracts Finder |
| Notice Type: | Award update |
| Buyer: | Department for Business, Energy & Industrial Strategy |
| Main Category: | Services |
| Procurement Method: | Open procedure (below threshold) |
| Tender Status: | Closed |
Pipeline status
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Application Deadline
19 September 2022
Closed
Estimated Value
£59,995.03
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| £59,995.03 |
| Release Date: | 17 October 2022 |
| Application Deadline: | 19 September 2022 |
| Contract Start Date: | 9 October 2022 |
| Contract End Date: | 31 March 2023 |
| Contract Duration: | 6 months |
| Procurement ID (OCID): | ocds-b5fd17-c8b34c18-c4ee-492c-b868-c880e731519f |
| Notice Reference: | 19c2e9d0-0090-4433-a514-aacd2f098d3f-580968 |
All 2 notices for this procurement, oldest first.
PS22251 - Market Signals and Renewables Investor Behaviour (RAF040/2223)
PS22251 - Market Signals and Renewables Investor Behaviour (RAF040/2223)
Earlier notices predate the Procurement Act 2023 (commenced 24 Feb 2025) and therefore don't carry UK1–UK17 codes.
View Original Notice
Access the full notice on the official portal
Awarded to
| Award value: | £59,995.03 |
| Award decision date: | 4 October 2022 |
| Award status: | Active |
***** 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).
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