Award

Renewable energy Contract for Difference Research

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

This public procurement record has 1 release in its history.

Award

27 Mar 2023 at 10:50

Award Notice
Summary of the contracting process

The Department for Business, Energy & Industrial Strategy has recently awarded a contract for the "Renewable energy Contract for Difference Research" project. The procurement process was an open procedure (below threshold) and was initiated as a tender. The contract period is from 20th March 2023 to 28th July 2023, with a tender deadline of 20th February 2023. This research and development services project falls under the CPV category 73000000 and aims to explore the impacts of valuing Non-Price Factors in renewable energy support schemes.

This tender by the Department for Business, Energy & Industrial Strategy provides growth opportunities for businesses, especially those involved in research and development services and related consultancy services. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organisations (VCSEs) are suited to compete for this contract. The project location includes various regions such as British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom, offering a wide scope for business engagement and collaboration.

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Notice Information

Notice Title

Renewable energy Contract for Difference Research

Notice Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition via an Open market tender. Brief Description of Requirement The application, purpose, outcome, or function of the services: - This project is about understanding the potential impacts of valuing Non-Price Factors (NPFs) in the Contracts for Difference (CfD) scheme (the government's main renewable energy support scheme). - Emerging challenges this could help tackle include: a) supply chain challenges (increased supply chains disruption from Covid then war in Ukraine; surging global demand for renewable energy but insufficient manufacturing capacity; UK and European supply chains facing pressure in global markets), as well as b) the need to integrate an increasing proportion of variable renewables on the grid. This includes increasing system flexibility, retaining system operability and providing efficient locational signals to minimise system cost, mean that the CfD auction needs to evolve. Non-Price Factors is one of the CfD evolution options that is being considered as part of this evolution. - Currently, both CfD allocation and the value of contracts awarded (reflected in strike prices) are the product of a competitive auction purely based on cost. Amending the scheme to value other factors in some way would require material amendments, including possibly to auction structure and design. - Since this is a significant reform to a complex government policy, we need to understand a number of impacts associated to this policy namely: Value for Money (VfM) implications for electricity consumers; NPF impacts on auction outcomes (including any unintended consequences); impact on supply chains; and on wider system integration and flexibility. The implications for the users of implementing

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-567bd1e1-b052-4df6-a6c8-ac6ef494eabf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/84d5943e-5d4f-462d-a4a6-b856908ac933
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
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
Not specified
Lots Value
Not specified
Awards Value
£69,565 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Mar 20232 years ago
Submission Deadline
20 Feb 2023Expired
Future Notice Date
Not specified
Award Date
1 Mar 20232 years ago
Contract Period
20 Mar 2023 - 28 Jul 2023 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified
Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

BARINGA PARTNERS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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