Notice Information
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.
Notice Details
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
Buyer & Supplier
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
-
https://www.contractsfinder.service.gov.uk/Notice/05185d38-8bd1-4cdb-8510-348e4478cc24
17th December 2021 - Opportunity notice on Contracts Finder -
https://www.contractsfinder.service.gov.uk/Notice/Attachment/19b02806-09cd-412a-a961-f7ec8f34332e
All tender documents required within ZIP file
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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