Planning

Climate Innovation Pull Facility - Market Engagement

BEIS

This public procurement record has 1 release in its history.

Planning

18 Dec 2023 at 17:12

Planned Procurement Notice
Summary of the contracting process

The UK Department of Energy Security and Net Zero is planning a procurement process for the Climate Innovation Pull Facility - Market Engagement, seeking to establish a new facility to support climate change mitigation solutions in developing countries. The estimated value of the facility is up to £185 million, subject to final approvals. Interested parties can join an online presentation on 27 February 2024 to learn more about the programme and provide feedback on the commercial structuring and procurement procedure.

This tender presents an opportunity for businesses involved in foreign economic-aid-related services, particularly those focusing on clean energy innovation. Small and medium enterprises (SMEs) and voluntary, community and social enterprises (VCSEs) are well-suited to engage in this procurement process. The Department aims to create a market demand for innovative solutions through pull mechanisms, emphasising clean energy technologies and business models to tackle climate change.

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Notice Information

Notice Title

Climate Innovation Pull Facility - Market Engagement

Notice Description

Please note that this PIN is issued to inform the market of an upcoming market engagement event and is not a formal PIN marking the start of a procurement procedure. More information about the next steps and forward timeline will be provided in the meeting and in future notices. All information shared in this notice and at the event is indicative and subject to full and final approvals by the Department. The UK Department of Energy Security and Net Zero is exploring the development of a new facility - the Climate Innovation Pull Facility. Through pull finance, this facility will support innovation, scale up and market building for climate change mitigation solutions for developing country contexts, focusing on innovative clean energy technologies and business models in a small number of specific applications/sectors, where the evidence shows support is most needed. The planned facility is up to PS185m, and subject to approvals. If agreed would be part of the Department's International Climate Finance portfolio and funded with Official Development Assistance (ODA). What do we mean by "pull mechanisms"? In public innovation financing, "pull mechanisms" create incentives for innovators and other actors by creating viable market demand. They seek to reduce viability gaps and induce innovation by signalling demand for solutions to specific problems. Mechanisms often cited include Advanced Market Commitments, Results or Outcomes Based Financing, Prizes/Challenges, innovation bulk procurements, Contracts for Difference, among others. By contrast, much innovation support has to date utilised "push mechanisms" directly subsidising up-front R&D costs. In terms of climate mitigation solutions, the facility will have a particular focus on clean energy innovation themes. The work being explored would be linked to the Ayrton Fund commitment by the UK Government, to support clean energy research, development and demonstration (RD&D), as part of the wider UK commitment to tackle climate change. Examples of Ayrton Fund thematic challenges are set out on gov.uk. To explore this concept with stakeholders and the market, the Department hosted some initial engagement in July 2023. As the concept is now progressing further we would like to take the opportunity to provide a further update to the market on our thinking and test some specific ideas for how we plan to structure the facility, in particular some of the commercial elements of the programme. Information from previous sessions can be accessed on our e-sourcing portal: https://beisgroup.ukp.app.jaggaer.com/esop/guest/go/opportunity/detail?opportunityId=55356 Additional information: The team will be hosting an online presentation on 27 February 2024 at 13:00 GMT to share our current thinking on the scope and content of the programme as well as options for commercial structuring and forward procurement procedure. This will be followed by opportunities in the following 2-3 weeks for the market to provide feedback on a one-to-one basis via call or in writing. Opportunities for calls are time-limited at this stage but we hope to offer multiple feedback avenues to enable as much engagement as possible. To attend this presentation, please register interest through the following link by 13:00 25 February 2024. We will then share the link to join the session via Microsoft Teams. If you are registering after this date please also email the procurement inbox at internationalclimateandenergy.procurment@energysecurity.gov.uk so we can ensure you receive joining instructions in time. https://forms.office.com/e/vjCBdKd4bF

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f610dcf7-b5c3-4df8-8214-ed84f5812c50
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f7a037d9-937d-46a9-b914-5ed09b814073
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planned Procurement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services

CPV Codes

75211200 - Foreign economic-aid-related services

Notice Value(s)

Tender Value
£185,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Dec 20232 years ago
Submission Deadline
Not specified
Future Notice Date
15 Jul 2024Expired
Award Date
Not specified
Contract Period
3 Mar 2025 - 30 Mar 2029 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BEIS
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
SW1A 2EG
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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