Design Options for Nodal Pricing in GB
£350,000 — awarded.
This is a contract result notice, not an open opportunity. Details from the official award data.
The procurement contact named on the official notice.
This is a large award for Engineering & Architecture — above three-quarters of comparable contracts. Based on 33,646 valued Engineering & Architecture tenders in our corpus.
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.
What the notice asks for
This procurement is for a party
This procurement is for a party to support and work alongside Ofgem in delivering a technical assessment of nodal pricing for GB.
Incentivising optimal demand and supply responses (in
incentivising optimal demand and supply responses (in the right place at the right time);.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
What this notice demands of you
2 named, none in explicit obligation language. Each one is quoted from the notice.
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.
This procurement is for a party to support and work alongside Ofgem in delivering a technical assessment of nodal pricing for GB.
Matched against the notice text, so this is a floor — the tender pack will demand things the notice never mentions. “Says must” means the quoted sentence itself used obligation language; anything ambiguous is left as a mention.
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- OCID
- ocds-h6vhtk-02fcd0
- Stage
- award · Awarded
- Source
- Find a Tender
- Buyer ref
- 008579-2022
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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