Contract Details
Title

Design Options for Nodal Pricing in GB United Kingdom

Country
Language
English
Organization
Published Date
16.03.2024
Awarded Date
29.03.2022
Overview
Contract Award's Details : Design Options for Nodal Pricing in GB Ofgem Design Options for Nodal Pricing in GB 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. United Kingdom Contract value : 350,000.00 GBP Contractors : FTI Consulting 23/03/2022 30/03/2022 23/10/2022 78235172 30/03/2022 Ofgem Address : 10 South Colonnade, Canary Wharf E14 4PU, London http://www.ofgem.gov.uk Natasha Woollams procurement2@ofgem.gov.uk +44 2079017000 United Kingdom United Kingdom Contract Awards United Kingdom ocds-b5fd17-60328770-79ea-4358-8fa4-86efb741193b-523271-mt225598 23/03/2022 23/10/2022 350,000.00 GBP
NAICS
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CPVS
System, storage and content management software package Networks Networking, Internet and intranet software development services Business services: law, marketing, consulting, recruitment, printing and security Supports System, storage and content management software development services Networking, Internet and intranet software package Designs
UNSPSC
-
Regions
Europe Northern Europe
Sectors
Automobiles and Auto Parts Supply Energy Defence and Security Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine
Contractor
Contract Value
350,000.00 GBP
URL
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