---
title: "Financing Net Zero: Investment Barriers Study"
ocid: "ocds-b5fd17-d3263705-7090-4735-a390-9e717d576f17"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d3263705-7090-4735-a390-9e717d576f17"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d3263705-7090-4735-a390-9e717d576f17.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-d3263705-7090-4735-a390-9e717d576f17.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY"
published: "2023-03-22"
---

# Financing Net Zero: Investment Barriers Study

Buyer: DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY  
Current stage: Award  
OCID: ocds-b5fd17-d3263705-7090-4735-a390-9e717d576f17

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## Summary

The Department for Business, Energy & Industrial Strategy has awarded the contract for "Financing Net Zero: Investment Barriers Study" to Cleantech Group. The procurement was conducted as an Open Market tender and falls under the Research and development services and related consultancy services category. The contract period is from 6th March 2023 to 7th August 2023. The study focuses on deep-dive sectors related to net zero technologies, aiming to address investment barriers, particularly in areas like building retrofit, energy systems integration, critical materials, and hydrogen supply chains.

This tender offers opportunities for businesses involved in research and development services, particularly in the field of climate tech and net zero technologies. Small and medium enterprises (SMEs) with expertise in finance, investment ecosystems, and technology solutions for decarbonisation would be well-suited to compete. The activities under this tender are expected to result in significant improvements in the design of the Financing Net Zero programme and accelerate investment in vital sectors for achieving the UK's decarbonisation goals.

## Notice

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a Open Market tender Brief Description of Requirement The research is set in the context of the new Financing Net Zero programme (FNZ), which is soon to be launched by Innovate UK. FNZ is a PS15m programme with the ambition to accelerate finance in to 'Climate Tech'1 . Interventions are being designed to address the huge gap between the current scale of climate tech investment and that needed for the UK to meet its decarbonisation and economic goals. The requirement is to perform a series of rapid studies aligned with 'deep-dive' net zero sectors or technologies. These are: 1. Domestic building retrofit 2. Energy whole systems integration, in particular the use of digital technologies and platforms 3. Circular critical materials, specifically Rare Earth Elements 4. Hydrogen supply chains for distribution and storage. Focusing on the investment ecosystem and investment challenges in each deep dive area, studies are expected to build on existing information and convene dissemination roundtables to produce the desired research outputs. The impact of this research is expected to be an improvement in design of FNZ. In particular the activities related to addressing barriers for investors and understanding Innovate UK's role in accelerating net zero finance. As a pre-study it is also expected to lay foundations for future research, which may deepen the analysis in one of the deep dive sectors, expand in to other sectors, and also look deeper at specific investment challenges that cut across different sectors.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3cff4a62-a97e-485e-a6d9-e0738449139a |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 22 Mar 2023 |
| Submission deadline | 10 Jan 2023 |
| Future notice date | Not specified |
| Award date | 3 Mar 2023 |
| Contract period | 6 Mar 2023 - 7 Aug 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £99,328 |
| 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 | SWINDON |
| Post town | Swindon |
| Postcode | SN2 1FF |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK71 Swindon |
| Local authority | Swindon |
| Electoral ward | Rodbourne Cheney |
| Westminster constituency | Swindon North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CLEANTECH GROUP |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73000000 - Research and development services and related consultancy services

## Release History

- 22 Mar 2023 at 13:16 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3cff4a62-a97e-485e-a6d9-e0738449139a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3cff4a62-a97e-485e-a6d9-e0738449139a
  22nd March 2023 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/4e39960a-29de-4601-b975-9bd2310857ea
  n/a

## Provenance

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