---
title: "Research to quantify the economic opportunities as a result of global energy transition for future UK Government policy development."
ocid: "ocds-b5fd17-fe80d61d-d007-4ba4-ac96-bee3a9496afe"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-fe80d61d-d007-4ba4-ac96-bee3a9496afe"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-fe80d61d-d007-4ba4-ac96-bee3a9496afe.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-fe80d61d-d007-4ba4-ac96-bee3a9496afe.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BEIS"
published: "2024-01-03"
---

# Research to quantify the economic opportunities as a result of global energy transition for future UK Government policy development.

Buyer: BEIS  
Current stage: Award  
OCID: ocds-b5fd17-fe80d61d-d007-4ba4-ac96-bee3a9496afe

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## Summary

The Department for Energy Security & Net Zero, part of BEIS, is planning an Early Market Engagement for a tender titled "Research to quantify the economic opportunities as a result of global energy transition for the future UK Government policy development." This tender falls under the 'Research services' category and has an approximate value of £130,000. The contract period is expected to run from November 2023 to March 2024, with the tender deadline set for 8th December 2023.

This procurement process initiated by BEIS aims to identify economic opportunities arising from the global energy transition, offering potential benefits beyond emissions reduction. Businesses capable of providing evidence-based research on the benefits of a faster global transition are well-suited to compete. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to participate due to the suitability of the procurement method, an 'Open procedure (below threshold)', and the focus on services within the industry category.

## Notice

The green transition will reshape global markets, provide new opportunities for businesses and have benefits beyond just reducing emissions. We are seeking research to be undertaken to answer some key questions for us in order to inform policy making decisions. We will be looking for a quantitative, evidence-based narrative on the benefits from a faster global transition. The objectives of the project are to: Fill highlighted evidence gaps with robust, quantifiable and published analysis which can be used to directly support policy development. Provide a quantitative, evidence-based assessment on how benefits change from different rates of the global transition. We are aware of the additional costs associated with a global transition, including the higher costs from a faster clean transition, but traditionally the benefits, particularly in relation to the UK are less well understood. The aim is that this analysis will help provide a more balanced quantitative assessment. This analysis should focus on benefits, opportunities out to 2030, but also consider the longer-term benefits out to 2050 for some of the more nascent technologies. Additional information: Redacted Contract

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3f13a4dd-42ed-4b23-9e6f-ec6dc8edb9ac |
| 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 | Planning, Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Jan 2024 |
| Submission deadline | 8 Dec 2023 |
| Future notice date | 14 Sep 2023 |
| Award date | 22 Dec 2023 |
| Contract period | 5 Jan 2024 - 29 Mar 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £100,870 |
| Lots value | Not specified |
| Awards value | £100,870 |
| 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 | BEIS |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2EG |
| 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 | RICARDO AEA |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73110000 - Research services

## Release History

- 3 Jan 2024 at 15:47 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3f13a4dd-42ed-4b23-9e6f-ec6dc8edb9ac
- 10 Nov 2023 at 16:39 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/6fc9d2fa-376c-4e37-96b9-2cfff21dbde3
- 29 Aug 2023 at 10:56 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/7aada608-541d-4bc5-97c9-5bb2668bdd93

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3f13a4dd-42ed-4b23-9e6f-ec6dc8edb9ac
  3rd January 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/6fc9d2fa-376c-4e37-96b9-2cfff21dbde3
  10th November 2023 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/7aada608-541d-4bc5-97c9-5bb2668bdd93
  29th August 2023 - Early engagement notice on Contracts Finder
- https://forms.office.com/e/6VPBh18jKv
  Microsoft Forms Registration Link:
- https://beisgroup.ukp.app.jaggaer.com/esop/guest/go/opportunity/detail?opportunityId=57283
  Link to Tender documents and submission portal
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/c2778e34-57c6-4533-b681-afb69f5ad2a9
  Contract vREDACTED

## 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-fe80d61d-d007-4ba4-ac96-bee3a9496afe. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-fe80d61d-d007-4ba4-ac96-bee3a9496afe.json.