--- title: "Renewable Electricity" ocid: "ocds-b5fd17-42f524da-32fd-4e13-91da-8f40c9c20fc6" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-42f524da-32fd-4e13-91da-8f40c9c20fc6" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-42f524da-32fd-4e13-91da-8f40c9c20fc6.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-42f524da-32fd-4e13-91da-8f40c9c20fc6.json" source: "Contracts Finder" current_stage: "Tender" buyer: "SUFFOLK COUNTY COUNCIL" published: "2021-07-29" --- # Renewable Electricity Buyer: SUFFOLK COUNTY COUNCIL Current stage: Tender OCID: ocds-b5fd17-42f524da-32fd-4e13-91da-8f40c9c20fc6 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-42f524da-32fd-4e13-91da-8f40c9c20fc6) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-42f524da-32fd-4e13-91da-8f40c9c20fc6.json) ## Summary The Suffolk County Council is currently conducting a tender for a "Renewable Electricity" contract, aimed at procuring flexible, risk-managed renewable electricity over a rolling three-year period, commencing from 1st April 2022 and concluding on 31st March 2025. The anticipated contract value is £40 million, while the minimum value stands at £32 million. The procurement method employed is an open procedure above threshold, with the tender period set to close on 3rd September 2021. This procurement falls under the electricity industry category and will serve various metered electricity supplies across the United Kingdom. This opportunity presents a significant avenue for growth for businesses engaged in renewable energy supply and related services. Companies capable of providing flexible electricity solutions, particularly those with experience in wholesale energy trading and fixed pricing strategies, would be well-positioned to compete. Given the scale of the contract and the anticipated volume of consumption, firms that can demonstrate robust risk management practices and the ability to manage large portfolios of electricity supplies are encouraged to participate in this procurement process. ## Notice We require a flexible risk managed renewable electricity contract on a rolling basis for 3 years, for the period 1st April 2022 to 31st March 2025. Operating as an aggregated portfolio of renewable electricity consumption for Half Hourly metered (HH), and non-Half Hourly metered (NHH) supplies forming part of a combined portfolio. The portfolio must also contain Unmetered Supplies (UMS) which are both NHH and HH. Our anticipated consumption is expected as follows HH Gwh 58,975,055 NHH Gwh 17,454,729 We will operate a rolling three year (36 month) purchasing strategy for multiple customers, where renewable electricity will be purchased and sold on the traded wholesale energy market via OFGEM licenced suppliers. The portfolio may at Vertas or its adviser's direction be split into purchasing in advance of year and purchasing within year. Renewable electricity is to be priced to the customers on a fixed cost basis for a fixed term period which will have been purchased in advance of delivery and may be greater than one year and as short as one month. CD1335 Supply of Renewable Electricity, the Successful Supplier will execute trades via a shared set strategy and customers will be aligned to a common contract start date. The successful supplier is required to provide short term pricing where necessary to bring new customers to a co-terminus date. The documentation is available at www.suffolksourcing.uk Additional information: The tender documentation is available at www.suffolksourcing.uk ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e73ad093-3108-486b-9b75-18639b31927c | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 29 Jul 2021 | | Submission deadline | 2 Sep 2021 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Mar 2022 - 31 Mar 2025 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £40,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | SUFFOLK COUNTY COUNCIL | | Locality | IPSWICH | | Post town | Ipswich | | Postcode | IP1 2BX | | Country | England | | ITL 1 | TLH East (England) | | ITL 2 | TLH6 Suffolk | | ITL 3 | TLH62 Ipswich | | Local authority | Ipswich | | Electoral ward | Gipping | | Westminster constituency | Ipswich | | Delivery location | Not specified | ## CPV Codes ### Divisions - 09 - Petroleum products, fuel, electricity and other sources of energy - 65 - Public utilities ### Codes - 09310000 - Electricity - 65300000 - Electricity distribution and related services ## Release History - 29 Jul 2021 at 16:08 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/e73ad093-3108-486b-9b75-18639b31927c ## Documents - https://www.contractsfinder.service.gov.uk/Notice/e73ad093-3108-486b-9b75-18639b31927c 29th July 2021 - Opportunity notice on Contracts Finder ## Notice URLs - http://www.suffolksourcing.uk ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-42f524da-32fd-4e13-91da-8f40c9c20fc6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-42f524da-32fd-4e13-91da-8f40c9c20fc6.json.