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| Source: | Contracts Finder |
| Notice Type: | Award notice |
| Buyer: | Department for Business, Energy & Industrial Strategy |
| Main Category: | Services |
| Procurement Method: | Open procedure (below threshold) |
| Tender Status: |
Pipeline status
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Application Deadline
27 January 2023
Closed
Estimated Value
£70,000
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| Estimated Value (ex. VAT): | £70,000 |
| Release Date: | 14 February 2023 |
| Application Deadline: | 27 January 2023 |
| Contract Start Date: | 14 February 2023 |
| Contract End Date: | 31 March 2023 |
| Contract Duration: | 2 months |
| Procurement ID (OCID): | ocds-b5fd17-5cf191d1-bc14-4433-b831-7ef6b4a0eb24 |
| Notice Reference: | f3826656-3a76-4fd6-bbb8-85f2c0a9a28f-614899 |
View Original Notice
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Awarded to
| Award value: | £70,000 |
| Award decision date: | 14 February 2023 |
| Award status: | Active |
The contract for Services to produce and provide long term supply curves for Oil, Coal and Gas to Department for Business, Energy & Industrial Strategy ("BEIS") has been awarded to Rystad. The overall purpose of the Contract is to generate assumptions for long-term fossil fuel prices by combining new fossil fuel supply curves with projections of fossil fuel demand, i.e. where supply meets demand. The fossil fuel supply curves will reflect the range of uncertainty over the evolution of supply curves through the creation of low and high as well as central projections, reflecting the plausible and evidence-based range and the inherent uncertainty. The projections will be for 2025, and then for 10-year time blocks between 2030 up to and including 2050.
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