Tender

Modelling alternative policy mechanisms to deliver decarbonisation, flexibility and reliability in the GB power market.

ENERGY SYSTEMS CATAPULT LIMITED

This public procurement record has 1 release in its history.

Tender

17 Dec 2021 at 13:22

Summary of the contracting process

The Energy Systems Catapult Limited is seeking a qualified consultant for a tender titled "Modelling alternative policy mechanisms to deliver decarbonisation, flexibility and reliability in the GB power market." This initiative falls within the energy and related services industry and is based in Birmingham, England. Currently, the procurement is in the tender stage, with the deadline for submissions set for 17 January 2022. The contract period will commence on 31 January 2022 and end on 31 May 2022. This open procedure is intended to explore innovative market simulations aimed at transforming the energy market framework to support decarbonisation goals by 2035.

This tender presents an excellent opportunity for businesses focused on consultancy, research and development, particularly those specialising in energy markets and sustainability initiatives. Companies that can demonstrate expertise in market simulation, policy analysis, and decarbonisation strategies would be particularly well-suited to compete. With the emphasis on reforming electricity markets, organisations that offer innovative solutions for enhancing market mechanisms could significantly benefit from this tender, ultimately aiding in their business growth within the evolving energy sector.

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Notice Title

Modelling alternative policy mechanisms to deliver decarbonisation, flexibility and reliability in the GB power market.

Notice Description

As part of the next stage of ESC's Rethinking Electricity Markets (REM) initiative, the ESC wishes to appoint a suitably qualified consultant to conduct a market simulation for the GB power market, exploring the impact of: * replacing CfDs for mature technologies with a decarbnisation obligation on suppliers in order to guarantee decarbonisation of power by 2035. See our recent blogs on this topic: Can we make electricity markets work better - or is ambitious reform all just too risky to contemplate; and Can we mandate electricity market to deliver a decarbonised grid by 2035?; * replacing the centralised Capacity Market with Strategic Reserves (and extra option, also Decentralised Reliability Options). See "Broad Model for a CRM in an Energy Service Provider-led market" As part of its Rethinking Electricity Markets (REM) thought leadership initiative, the ESC has developed proposals to reform electricity markets and market mechanisms so that they bring forward innovation and investment in a more efficient mix of low carbon generation, network enhancements and flexibility. The focus of our work has been on understanding how detailed mechanisms fit together to signal value and identifying the strategic choices around how to 'get prices right' across the system and the value chain. Our approach focuses on the need to evolve the policy framework in a way that guarantees policy outcomes (i.e. decarbonisation; reliability) while avoiding distortion of price signals and ensuring open, competitive markets that provide a level playing field. ESC applies the underlying principle that the policy framework must be evolved to strengthen the role of markets, nurturing development of the wholesale, retail and financial markets in a way that drives innovation and delivers the best outcomes for consumers. We have developed a broad set of proposals to a new phase of electricity market reforms that focus on improving price signals and adopting outcome-based policy mechanisms to replace the current reliance on centralised contracting mechanisms to deliver decarbonisation and reliability outcomes. We would like to deepen our analysis, particularly of approaches to transitional design and phasing of reforms, through market simulation modelling and quantitative analysis.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7954b20e-25ff-4d9f-8394-97fef9056df4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/05185d38-8bd1-4cdb-8510-348e4478cc24
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 (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

73 - Research and development services and related consultancy services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

71314000 - Energy and related services

73000000 - Research and development services and related consultancy services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

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

Notice Dates

Publication Date
17 Dec 20214 years ago
Submission Deadline
17 Jan 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jan 2022 - 31 May 2022 1-6 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
ENERGY SYSTEMS CATAPULT LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B37 7YN
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG32 Solihull
Delivery Location
Not specified

Local Authority
Solihull
Electoral Ward
Bickenhill
Westminster Constituency
Meriden and Solihull East

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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