---
title: "Contract Award - Services to produce and provide long term supply curves for Oil, Coal and Gas"
ocid: "ocds-b5fd17-5cf191d1-bc14-4433-b831-7ef6b4a0eb24"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5cf191d1-bc14-4433-b831-7ef6b4a0eb24"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5cf191d1-bc14-4433-b831-7ef6b4a0eb24.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5cf191d1-bc14-4433-b831-7ef6b4a0eb24.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY"
published: "2023-02-14"
---

# Contract Award - Services to produce and provide long term supply curves for Oil, Coal and Gas

Buyer: DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY  
Current stage: Award  
OCID: ocds-b5fd17-5cf191d1-bc14-4433-b831-7ef6b4a0eb24

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## Summary

The Department for Business, Energy & Industrial Strategy has awarded a contract for Services to produce and provide long term supply curves for Oil, Coal and Gas. The contract involves generating assumptions for long-term fossil fuel prices by combining new fossil fuel supply curves with demand projections. The contract value is GBP 70,000 and the contract period is from February 14, 2023, to March 31, 2023, with the tender period ending on January 27, 2023. The procurement method used was an Open procedure (below threshold), and the main procurement category is services. The procurement process has reached the award stage.

This tender provides opportunities for businesses specializing in research and development services and related consultancy services to compete. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are encouraged to participate. Businesses located in the United Kingdom and other specified territories can engage in this procurement process. By providing long term supply curves for fossil fuels, this contract plays a crucial role in shaping future energy planning and policy decisions.

## Notice

The contract for Services to produce and provide long term supply curves for Oil, Coal and Gas to Department for Business, Energy & Industrial Strategy ("BEIS") has been awarded to Rystad. The overall purpose of the Contract is to generate assumptions for long-term fossil fuel prices by combining new fossil fuel supply curves with projections of fossil fuel demand, i.e. where supply meets demand. The fossil fuel supply curves will reflect the range of uncertainty over the evolution of supply curves through the creation of low and high as well as central projections, reflecting the plausible and evidence-based range and the inherent uncertainty. The projections will be for 2025, and then for 10-year time blocks between 2030 up to and including 2050.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f3826656-3a76-4fd6-bbb8-85f2c0a9a28f |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Feb 2023 |
| Submission deadline | 27 Jan 2023 |
| Future notice date | Not specified |
| Award date | 14 Feb 2023 |
| Contract period | 14 Feb 2023 - 31 Mar 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £70,000 |
| Lots value | Not specified |
| Awards value | £70,000 |
| 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 | DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 0ET |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73000000 - Research and development services and related consultancy services

## Release History

- 14 Feb 2023 at 15:23 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/f3826656-3a76-4fd6-bbb8-85f2c0a9a28f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f3826656-3a76-4fd6-bbb8-85f2c0a9a28f
  14th February 2023 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/0affefae-6353-4f62-8e98-42fa6f30d32c
  n/a

## 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-b5fd17-5cf191d1-bc14-4433-b831-7ef6b4a0eb24. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-5cf191d1-bc14-4433-b831-7ef6b4a0eb24.json.