---
title: "Design Options for Nodal Pricing in GB"
ocid: "ocds-b5fd17-60328770-79ea-4358-8fa4-86efb741193b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-60328770-79ea-4358-8fa4-86efb741193b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-60328770-79ea-4358-8fa4-86efb741193b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-60328770-79ea-4358-8fa4-86efb741193b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2022-03-30"
---

# Design Options for Nodal Pricing in GB

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-60328770-79ea-4358-8fa4-86efb741193b

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-60328770-79ea-4358-8fa4-86efb741193b)  
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## Summary

The procurement process involves Ofgem, the buying organisation responsible for regulating the electricity and gas markets in Great Britain. The tender titled "Design Options for Nodal Pricing in GB" falls under the energy and related services industry category and was mainly focused in Scotland and London. The open procurement method was employed, with the tender period concluding on 17 January 2022, and the contract awarded on 23 March 2022, which commenced on 24 March 2022 and will run until 23 October 2022. The total contract value is £350,000.

This tender presents opportunities for businesses specialising in energy consultancy, technical assessments, and pricing strategy development, particularly those capable of innovative solutions that promote cost-effective energy system efficiencies. Small and medium enterprises (SMEs) are encouraged to participate, as they may bring fresh perspectives and agility, assisting Ofgem in achieving its objectives aimed at driving more efficient use of system assets and supporting the transition to a Net Zero energy future.

## Notice

This procurement is for a party to support and work alongside Ofgem in delivering a technical assessment of nodal pricing for GB.Ofgem is keen to investigate further the potential of nodal pricing in enabling a cost-effective, secure pathway to Net Zero for the whole energy system. Greater locational and temporal market signals have the potential to drive more efficient use of system assets and lower total system costs by:* incentivising optimal demand and supply responses (in the right place at the right time);* stimulating innovation in storage and demand response in the places it is needed; and* supporting competition between demand/storage solutions and new network capacity.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/00a76fcf-a52f-47ab-ac3c-2d0cee53f3a9 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 Mar 2022 |
| Submission deadline | 17 Jan 2022 |
| Future notice date | Not specified |
| Award date | 23 Mar 2022 |
| Contract period | 24 Mar 2022 - 23 Oct 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £350,000 |
| Lots value | Not specified |
| Awards value | £350,000 |
| 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 | OFGEM |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 4PU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Canary Wharf |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | TLI London, TLM Scotland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | FTI CONSULTING |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services

### Codes

- 71314000 - Energy and related services

## Release History

- 30 Mar 2022 at 16:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/00a76fcf-a52f-47ab-ac3c-2d0cee53f3a9

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/00a76fcf-a52f-47ab-ac3c-2d0cee53f3a9
  30th March 2022 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=MAR164101
  NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.

## Notice URLs

- http://www.ofgem.gov.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-b5fd17-60328770-79ea-4358-8fa4-86efb741193b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-60328770-79ea-4358-8fa4-86efb741193b.json.