---
title: "C0943 Battery Energy Storage Market Data Services"
ocid: "ocds-b5fd17-536a5f52-f578-4952-8de4-b42305835f03"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-536a5f52-f578-4952-8de4-b42305835f03"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-536a5f52-f578-4952-8de4-b42305835f03.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-536a5f52-f578-4952-8de4-b42305835f03.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL WEALTH FUND LIMITED"
published: "2025-04-11"
---

# C0943 Battery Energy Storage Market Data Services

Buyer: NATIONAL WEALTH FUND LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-536a5f52-f578-4952-8de4-b42305835f03

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## Summary

The National Wealth Fund Limited (NWF) has awarded a contract for "C0943 Battery Energy Storage Market Data Services" to Modo energy Limited. This procurement falls under the data services industry category with additional classifications in research and development services and market research. The award date was 28th March 2025, and the contract initially runs from 31st March 2025 to 30th March 2028, with potential extensions up to 30th March 2030. The total contract value ranges between £300,000 and £500,000, depending on whether extension options are executed. The procurement method was selective, utilising a call-off from a dynamic purchasing system, and is now in the award stage. Key locations for service delivery include London and the Yorkshire and the Humber region in the United Kingdom.

This tender provides significant opportunities for businesses specialising in battery energy storage systems, market forecasting, and consultancy services. Companies with innovative data analysis tools, customisable reporting platforms, and robust implementation support will be well-suited to compete. The service includes forecasting market data and outturn revenue data for BESS assets, which can help businesses generate bankable forecasts and valuations. Additionally, the contract allows for the purchase of various ancillary services, providing further growth opportunities for the successful bidder.

## Notice

NWF has procured two solution(s) to deliver the following service elements as a minimum: * Provide forecasting market data for Battery Energy Storage System ("BESS") assets via an interactive tool / platform including access to periodic reports; * Provide outturn revenue data for individual BESS assets and the UK fleet via an interactive tool / platform, split out by each element of the revenue stack. If possible, the solution will also be able to show outturn Optimiser performance; * Provide web-based platform(s) that NWF can access on demand, manipulate and customise without requirement to engage with the Supplier; * Provide related onboarding services to deliver a smooth implementation; and * Provide the necessary ongoing support of the procured services. The tool(s) / platform(s) provide: o forecast and outturn data, research and insights for the BESS market in Great Britain (GB), and if possible, for Longer Duration Energy Storage ("LDES"); o standardised pre-built reports / forecasts for the BESS market; o the ability to produce site-specific revenue forecasts (asset valuations), creating bankable forecasts / valuations. This notice relates to the first of the two contract awards. This contract shall commence in March 2025 and the service products shall have a 3 year initial subscription period with the option to extend by a further two years in the form of two optional one year extension periods i.e., a maximum of five years in total. The value of this contract will range between PS300,000.00 and PS500,000.00 excluding VAT depending on the execution of available extension options. The contract may be extended up until 30 March 2030. NWF has the option to purchase various additional ancillary services as set out in the contract. The value of such additional services are not included in the value of this notice. If these are purchased this notice will be updated accordingly.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6612afd2-78ae-4cde-84bb-77a298d55884 |
| Notice type | Award Notice |
| Procurement type | Dynamic |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a dynamic purchasing system |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Apr 2025 |
| Submission deadline | 10 Mar 2025 |
| Future notice date | Not specified |
| Award date | 28 Mar 2025 |
| Contract period | 30 Mar 2025 - 30 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £500,000 |
| Lots value | Not specified |
| Awards value | £500,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NATIONAL WEALTH FUND LIMITED |
| Locality | LEEDS |
| Post town | Leeds |
| Postcode | LS1 4HR |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE4 West Yorkshire |
| ITL 3 | TLE42 Leeds |
| Local authority | Leeds |
| Electoral ward | Hunslet & Riverside |
| Westminster constituency | Leeds South |
| Delivery location | TLE Yorkshire and The Humber, TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MODO ENERGY |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support
- 73 - Research and development services and related consultancy services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 72300000 - Data services
- 73000000 - Research and development services and related consultancy services
- 79300000 - Market and economic research; polling and statistics

## Release History

- 11 Apr 2025 at 15:42 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/6612afd2-78ae-4cde-84bb-77a298d55884

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6612afd2-78ae-4cde-84bb-77a298d55884
  11th April 2025 - Awarded contract notice on Contracts Finder

## Provenance

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