Planning

Subscription of Energy Market Price Data

LOW CARBON CONTRACTS COMPANY LTD

This public procurement record has 1 release in its history.

Planning

25 Nov 2021 at 11:01

Market Engagement Notice
Summary of the contracting process

The procurement process titled "Subscription of Energy Market Price Data" is being conducted by the Low Carbon Contracts Company Ltd, based in London, United Kingdom. This initiative falls under the public utilities industry category. Currently, the process is in the planning stage, with a key milestone being the engagement end date set for 9 December 2021. The organisation is looking for a service provider to deliver critical energy market data, including traded GB power and gas forwards, UK and EU ETS prices, and coal API2 data, through secure automated connections.

This tender presents a significant opportunity for businesses in the data services and consultancy sectors, particularly those with expertise in energy markets and IT service delivery. Small and medium-sized enterprises (SMEs) are particularly encouraged to participate, as the procurement is tailored to accommodate their capabilities. Companies that can provide sophisticated data analysis, automated data sharing solutions, and licensing arrangements would be well-suited to compete for this contract, potentially positioning themselves as essential contributors to the UK's energy market data landscape.

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Notice Information

Notice Title

Subscription of Energy Market Price Data

Notice Description

Low Carbon Contracts Company Ltd (LCCC) would like a service provider to provide the following energy market data in respect of each trading day. The prices can be daily average traded prices or bid/offer closing prices: 1) All traded GB baseload power forwards covering all traded terms from short term spot prices to longer term forward prices, in PS/MWh 2) All traded GB gas forwards covering all traded terms from short term spot prices to longer term forward prices, in p/therm 3) UK ETS prices covering all traded terms, in PS/tCO2e 4) EU ETS prices covering all traded terms, in EUR/tCO2e 5) Coal API2 covering all traded terms, in ($/t). LCCC requires that the data are automatically shared through an SFTP connection or API and a licence to publish derived data from all such prices. Any interested suppliers please contact LCCC's procurement team by email (procurement@lowcarboncontracts.uk) by 9 December 2021 to ensure your interest is registered with us.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b2b40988-883c-4951-a785-80aebfd7edb0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0f0dde7a-0a6c-4624-8bb3-6d58304376e5
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

65 - Public utilities

72 - IT services: consulting, software development, Internet and support

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

CPV Codes

65000000 - Public utilities

72000000 - IT services: consulting, software development, Internet and support

79400000 - Business and management consultancy 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
25 Nov 20214 years ago
Submission Deadline
Not specified
Future Notice Date
9 Dec 2021Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LOW CARBON CONTRACTS COMPANY LTD
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
Not specified
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

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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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