Published date: 26 June 2023

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 7 August 2023, 2pm

Contract summary

Industry

  • Energy and related services - 71314000

Location of contract

Any region

Value of contract

£200,000 to £2,200,000

Procurement reference

tender_338569/1228873

Published date

26 June 2023

Closing date

7 August 2023

Closing time

2pm

Contract start date

31 October 2023

Contract end date

31 March 2025

Contract type

Not specified

Procedure type

Other: Open SBRI

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The Flex Markets Unlocked Innovation Programme, of up to £2.6 million, aims to support the design and development of innovative technical solutions that can facilitate system-wide coordination, standardisation, and revenue stacking across multiple flexibility markets (markets within which flexibility can be bought or sold). This will allow a more diverse and competitive marketplace, unlocking flexibility.

The SBRI programme consists of 2 phases:

Phase 1 (up to £600,000 funding available) expects to fund 3 feasibility studies to develop robust technical specifications for proposed technical solutions

Phase 2 (up to £2 million funding available) expects to fund one project to develop and demonstrate their technical solution

More information

Links

About the buyer

Contact name

Department for Energy Security and Net Zero

Address

1 Victoria Street
London
SW1H 0ET
England

Email

flexibilityinnovation@beis.gov.uk