---
title: "Provision of Wholesale Electricity Market Forecasting Software"
ocid: "ocds-h6vhtk-03c31e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03c31e"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03c31e.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03c31e.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "UTILITY REGULATOR"
published: "2023-05-19"
---

# Provision of Wholesale Electricity Market Forecasting Software

Buyer: UTILITY REGULATOR  
Current stage: Tender  
OCID: ocds-h6vhtk-03c31e

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## Summary

The Northern Ireland Authority for Utility Regulation and the Commission for Regulation of Utilities are jointly inviting tenders for the provision of Wholesale Electricity Market Forecasting Software. The tender, titled "Provision of Wholesale Electricity Market Forecasting Software," falls under the services category. The software is aimed at forecasting wholesale electricity prices and generator schedules within the Single Electricity Market. The closing deadline for submissions is 22nd May 2023 at 12:00 PM GMT+1.

This tender provides an opportunity for software development and consultancy service providers specialising in analytical, scientific, mathematical, or forecasting software to compete. Businesses with expertise in utilities regulation and software package and information systems are well-suited to participate. The contract is estimated at €1,500,000 and includes options for extensions up to 24 months. The procurement method for this open procedure tender involves electronic submission, and further details can be accessed at the submission method link provided.

## Notice

Since 1st November 2007, the Northern Ireland Authority for Utility Regulation ("NIAUR" or "Utility Regulator") and the Commission for Utility Regulation ("CRU"), together referred to as the "Regulatory Authorities" or "RAs", have jointly regulated the all-Island wholesale electricity market known as the Single Electricity Market ("SEM") covering both Northern Ireland and the Republic of Ireland. The decision-making body which governs the market is the SEM Committee ("SEMC"). Further information on the SEMC's role and relevant legislation can be found on the website, www.semcommittee.com. The Contracting Authorities require modelling software that has an ability to forecast wholesale electricity prices and generator schedules which range from scenario analysis to directly setting forward contracts prices and volumes. The modelling software output can be vital for informing policy decisions through detailed analysis. The RAs invite tenders for the provision of Wholesale Electricity Market Forecasting Software. The tender documents can be found at: https://ted.europa.eu/udl?uri=TED:NOTICE:229334-2023:TEXT:EN:HTML

### Lot Information

Lot 1

Since 1st November 2007 the Utility Regulator of Northern Ireland (UREGNI) and the Commission for Regulation of Utilities (CRU) together referred to as the Regulatory Authorities or RAs, have jointly regulated the all-Island wholesale electricity market known as the Single Electricity Market (SEM) covering both Northern Ireland and the Republic of Ireland. The decision-making body which governs the market is the SEM Committee (SEMC). The Contracting Authorities require modelling software that has an ability to forecast wholesale electricity prices and generator schedules which range from scenario analysis to directly setting forward contracts prices and volumes. The modelling software output can be vital for informing policy decisions through detailed analysis. Please refer to the RFT for further details, including: A non-exhaustive list of the Contracting Authorities functions that will require wholesale electricity forecasting; Functional Specification; Non Functional Specification; Functional Questions; Invoicing Arrangements; Service Levels and Key Performance Indicators. Additional information: Please consult the associated documentation which contains full instructions regarding this submission of tenders and is available to download on www.etenders.gov.ie using RFT ID 239049.

Options: The contracting authorities reserve the right to extend the term for a period or periods of up to 24 months with a maximum of 2 such extension or extensions on the same terms and conditions subject to either of the Contracting Authorities obligations at law as required.

Renewal: The contracting authorities reserve the right to extend the term for a period or periods of up to 24 months with a maximum of 2 such extension or extensions on the same terms and conditions subject to either of the Contracting Authorities obligations at law as required.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/014266-2023 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 May 2023 |
| Submission deadline | 18 May 2023 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,500,000 |
| Lots value | £1,500,000 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UTILITY REGULATOR |
| Additional buyers | COMMISSION FOR REGULATION OF UTILITIES |
| Locality | BELFAST |
| Post town | Northern Ireland |
| Postcode | BT1 6ED |
| Country | Northern Ireland |
| ITL 1 | TLN Northern Ireland |
| ITL 2 | TLN0 Northern Ireland |
| ITL 3 | TLN06 Belfast |
| Local authority | Belfast |
| Electoral ward | Central |
| Westminster constituency | Belfast South and Mid Down |
| Delivery location | TLN Northern Ireland |

## CPV Codes

### Divisions

- 48 - Software package and information systems
- 72 - IT services: consulting, software development, Internet and support

### Codes

- 48000000 - Software package and information systems
- 72200000 - Software programming and consultancy services
- 72212460 - Analytical, scientific, mathematical or forecasting software development services

## Release History

- 19 May 2023 at 07:27 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/014266-2023
- 18 May 2023 at 07:46 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/014123-2023
- 21 Apr 2023 at 11:08 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/011484-2023

## Notice URLs

- http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=240383&B=ETENDERS_SIMPLE
- http://www.courts.ie/
- http://www.cru.ie/
- https://irl.eu-supply.com/ctm/Company/CompanyInformation/Index/1232
- https://ted.europa.eu/udl?uri=TED:NOTICE:229334-2023:TEXT:EN:HTML
- https://www.uregni.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-h6vhtk-03c31e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03c31e.json.