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2026-065 -Generation Market Study

Ofgem

This public procurement record has 1 release in its history.

Tender

30 Sep 2026 at 16:38

UK4 - Tender Notice
Summary of the contracting process

Ofgem is seeking an external provider to carry out a comprehensive market study of Great Britain’s wholesale electricity generation sector and produce an updated assessment of market outcomes. This is research and consultancy work, combining market and economic analysis with the interpretation of outcomes across the electricity generation sector. The work is for Great Britain. The opportunity is relevant to consultancies, economic researchers and energy-sector specialists able to assess wholesale generation markets and provide evidence-based analysis for a public authority.

Ofgem invited offers through an open procedure. The procurement has reached the tender stage. The single lot was evaluated on technical quality, weighted at 70%, and commercial price, weighted at 30%. Enquiries were due by 19 October 2026 at 12 noon; offers were due by 26 October 2026 at 12 noon. The contract period was set from 30 November 2026 to 31 March 2027, with an option to extend for up to four months, subject to mutual agreement on any additional deliverables and with no guaranteed extension value. The estimated value is £416,667 excluding VAT (£500,000 including VAT). The buyer set an award decision date of 17 November 2026.

This single-lot opportunity is identified as suitable for small and medium-sized enterprises and voluntary, community or social enterprises. It is best suited to providers with the analytical capability to conduct a comprehensive study of the Great Britain wholesale electricity generation sector and assess market outcomes. Relevant experience in energy markets, economic research and evidence-based consultancy would be useful to delivering the stated work. The contract calls for an updated assessment rather than a general research exercise, so suppliers should be able to connect sector analysis to market outcomes and present findings clearly. Technical quality carries more weight than price in evaluation, making a strong proposed approach and demonstrable research capability particularly important. Economic and technical selection criteria apply; their detailed requirements are set out in the tender documents.

How relevant is this notice?

Notice Information

Notice Title

2026-065 -Generation Market Study

Notice Description

The Authority is seeking a suitably qualified external provider to undertake a comprehensive market study of the Great Britain (GB) wholesale electricity generation sector and deliver an updated assessment of market outcomes. Further information can be found in the attached ITT document.

Lot Information

Lot 1

Renewal: Up to four months. However, the Authority provides no guarantee that the extension will be utilised or of any value associated with it. Any deliverables relating to the extension period will be mutually agreed by both parties at the time of extension.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-077e08
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/092564-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

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

CPV Codes

73000000 - Research and development services and related consultancy services

79300000 - Market and economic research; polling and statistics

Notice Value(s)

Tender Value
£416,667 £100K-£500K
Lots Value
£416,667 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
30 Sep 20266 days ago
Submission Deadline
26 Oct 20263 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Nov 2026 - 31 Mar 2027 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Ofgem
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
Postcode Area
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)

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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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