Award

Economic Consultants for Long Duration Energy Storage (LDES)

OFGEM

  • Contract Timeline

    Publication Date

    4th April 2025 16:45:05 PM

  • Contract Summary

    Ofgem require a supplier with specialist economic support to provide economic and financial policy advice on the regulatory regime design of a new cap and floor regime to support investment in Long Duration Electricity Storage (LDES). To support Ofgem's work on both developing and running efficient processes to make decisions around awarding "cap and floor" support, the supplier will provide economic support in relation to policy and delivery.

  • Contract Details

    Open Contracting ID

    ocds-b5fd17-e81b0522-efda-418d-ba4e-d85288b41622

    Publication Source

    Contracts Finder

    Procurement Stage

    Award

    Procurement Method

    Open

    Procurement Method Details

    Open Procedure

    Procurement Category

    Services

    Tender Suitability

    SME

    Framework / DPS

  • Contract Classification

    CPV Code(s)

    09300000
    66171000
    71314000

    CPV Division(s)

    09 - Petroleum products, fuel, electricity and other sources of energy
    66 - Financial and insurance services
    71 - Architectural, construction, engineering and inspection services

  • Awarding Authority

    OFGEM

    Buyer Name

    Kirsty McVeigh

    Buyer Email

    procurement2@ofgem.gov.uk

    Buyer Phone

    +44 2079017000

    Buyer Address

    10 South Colonnade, Canary Wharf

    London

    E14 4PU

    England

  • Awarded Supplier(s)

    Supplier Name(s)

    CEPA LLP