Award

Flex Markets Unlocked Innovation Programme: Phase 1 SBRI

BEIS

This public procurement record has 1 release in its history.

Award

08 Dec 2023 at 14:41

Summary of the contracting process

The Department for Business, Energy & Industrial Strategy (BEIS) has recently awarded the contract for the "Flex Markets Unlocked Innovation Programme: Phase 1 SBRI" tender. The procurement process was in the award stage, with a contract value of £582,335.89 GBP. The contract period is set to start on December 20, 2023, and end on April 4, 2024. This tender falls under the industry category of Research and development services and related consultancy services. The tender was initiated through a competitive SBRI process and was awarded to EPEX SPOT SE, YOTTAR LTD, and ARUP GROUP LIMITED. The tender deadline for submissions was on August 7, 2023, and the project will take place in Devon, London, and other locations.

The "Flex Markets Unlocked Innovation Programme: Phase 1 SBRI" tender by BEIS provides significant business growth opportunities for suppliers in the field of research and development services. Small and medium-sized enterprises (SMEs) in the energy sector, especially those focusing on flexible energy solutions, would be well-suited to compete for this tender. The tender aims to support innovative projects that enhance the integration of renewable energy sources into the electricity system while improving market access for flexibility service providers. By participating in this tender, businesses can gain valuable experience in developing technical solutions that contribute to a more sustainable and efficient energy market.

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Notice Title

Flex Markets Unlocked Innovation Programme: Phase 1 SBRI

Notice Description

The Department is funding the following feasibility studies in Phase 1, where each project will develop robust technical specifications for proposed technical solutions. Yottar Balance Owner: Yottar Project costs: PS197,159.09 Location: Devon Project summary: Yottar Balance will seek to make it easier for electric vehicle, heat pump and other small energy asset owners to make money with these assets by improving their ability to offer flexible energy services into the electricity system. In doing so, the project will be supporting the ability of these assets to balance increasing amounts of variable renewable energy, and help to minimise the need for expensive electricity network upgrades. The project will do this by improving asset data transparency, enabling easier market access and improving coordination between electricity markets. e-gate Owner: EPEX SPOT SE Partner: Gridimp Ltd Project costs: PS185,246.37 Location: London Project summary: Consortium partners EPEX SPOT SE and GridImp will specify and develop an end-to-end solution for flexibility service providers (FSPs), from technology to market. This project will contribute to simplifying the market entry process, reduce operational complexity and ease revenue stacking. Focusing on the market access of small FSPs, the consortium will look to bridge the gap between energy management, aggregation solutions and market platforms to bring those assets to market. Furthermore, the consortium aims to remove technical and financial barriers to markets and develop a simplified bidding workflow, to demonstrate how flexibility can gain value from wholesale, local and national (ancillary services) markets. The outcomes will be increased information transparency, facilitated market access and coordination, within a trusted governance of an exchange. Protocols to support future of flexibility Owner: Arup (Ove Arup & Partners Ltd) Partners: Energy Systems Catapult, and Chaddenwych Services Ltd (t/a Electron) Project costs: PS199,930.43 Location: London Project summary: Arup, in partnership with Energy Systems Catapult and Electron, will carry out a feasibility study that aims to define a set of open protocols for data standardisation across the whole flexibility buyers and sellers users' journey, which will be complemented by a trust framework to ensure transparency and trusted governance. These measures will pave the way for seamless integrations between buyers and sellers across multiple markets, products, and platforms, preventing vendor lock-ins and siloed operations while consolidating existing Flexibility Market developments. This will help realise the flexibility benefits that exist from distributed energy resources (DERs) and low carbon technologies (LCTs) to reduce system costs while also enabling and encouraging commercial interoperability.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2e1f6a87-d3f7-4fff-86c7-b4f08820496a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e4653443-7bd9-41c2-869f-0c639ecc8148
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Other - SBRI
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£582,335 £500K-£1M
Lots Value
Not specified
Awards Value
£582,335 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Dec 20232 years ago
Submission Deadline
7 Aug 2023Expired
Future Notice Date
Not specified
Award Date
20 Nov 20232 years ago
Contract Period
20 Dec 2023 - 4 Apr 2024 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BEIS
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
SW1A 2EG
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
3
Supplier Names

ARUP GROUP

EPEX SPOT

YOTTAR

Open Contracting Data Standard (OCDS)

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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.

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