Tender

Design Options for Nodal Pricing in GB

OFGEM

This public procurement record has 1 release in its history.

Tender

03 Dec 2021 at 17:45

Summary of the contracting process

The procurement process, initiated by Ofgem, is centred on the project titled "Design Options for Nodal Pricing in GB." This tender is classified under the energy and related services industry category and is based in London, United Kingdom. Currently in the Tender stage, the opportunity was published on 3rd December 2021, with bids accepted until the tender period ends on 17th January 2022. The procurement method is an open procedure, inviting a wide range of participants to contribute their proposals and expertise.

This tender presents a significant opportunity for businesses specialising in energy services, particularly those with innovative solutions in nodal pricing, energy management, and system optimisation. Small and medium-sized enterprises (SMEs) will find themselves well-suited to compete, as Ofgem is keen to leverage local expertise to support the transition to a cost-effective and secure energy system. By participating in this tender, businesses can play a crucial role in driving innovation and competition within the energy sector while contributing to the broader goal of achieving Net Zero in Great Britain.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Design Options for Nodal Pricing in GB

Notice 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.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2a653a26-1255-462e-a6b6-280f1085ed9c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/922a6303-8f8b-4c17-ab26-700a4838f7f0
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services


CPV Codes

71314000 - Energy and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
3 Dec 20214 years ago
Submission Deadline
17 Jan 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
28 Feb 2022 - 27 Sep 2022 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
OFGEM
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-2a653a26-1255-462e-a6b6-280f1085ed9c-2021-12-03T17:45:10Z",
    "date": "2021-12-03T17:45:10Z",
    "ocid": "ocds-b5fd17-2a653a26-1255-462e-a6b6-280f1085ed9c",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "MT224687",
        "title": "Design Options for Nodal Pricing in GB",
        "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.",
        "datePublished": "2021-12-03T17:45:10Z",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "71314000",
            "description": "Energy and related services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2022-01-17T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2022-02-28T00:00:00Z",
            "endDate": "2022-09-27T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/922a6303-8f8b-4c17-ab26-700a4838f7f0",
                "datePublished": "2021-12-03T17:45:10Z",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "tenderNotice",
                "description": "NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.",
                "url": "https://www.mytenders.co.uk/search/show/search_view.aspx?ID=DEC163265"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-101812",
            "name": "Ofgem",
            "identifier": {
                "legalName": "Ofgem"
            },
            "address": {
                "streetAddress": "10 South Colonnade, Canary Wharf",
                "locality": "London",
                "postalCode": "E14 4PU",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "Natasha.Woollams@ofgem.gov.uk",
                "telephone": "+44 2079017000"
            },
            "details": {
                "url": "http://www.ofgem.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-101812",
        "name": "Ofgem"
    }
}