Published date: 20 February 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 4 October 2022, 11am

Contract summary

Industry

  • Market research services - 79310000

Location of contract

Any region

Value of contract

£60,000

Procurement reference

tender_314270/1181574

Published date

20 February 2023

Closing date

4 October 2022

Closing time

11am

Contract start date

17 October 2022

Contract end date

23 December 2022

Contract type

Service contract

Procedure type

Call-off from a dynamic purchasing system

A mini-competition or direct purchase from a pre-established dynamic purchasing system.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION *****

This procurement is being concluded following a mini competition under the Crown Commercial Services Research and Insights DPS - RM6126


Brief Description of Requirement

We are commissioning a desk-based policy development project to further scope and consider the feasibility of the 'local markets' option that is being considered as part of the Review of Electricity Market Arrangements (REMA) programme.

REMA's core objective is to reform GB electricity market arrangements so that they facilitate the full decarbonisation of the electricity system by 2035, subject to security of supply, and are cost effective for consumers. It will do this by looking at various elements of the electricity market arrangements, including the wholesale market, capacity adequacy, low carbon investment, flexibility, and system operability, and by implementing reforms in each of those areas to ensure that our future market arrangements will:

- deliver a step change in the rate of deployment of low carbon technologies and reduce our dependence on hydrocarbon imports;
- provide the right signals for flexibility across the system;
- facilitate consumers to take greater control of their electricity use by rewarding them through improved price signals whilst ensuring fair outcomes;
- optimise assets operating at local, regional, and national levels; and
- ensure that the security of the system can be maintained at all times.

This commission will support the development of one of the more transformative potential reforms to current wholesale market arrangements, specifically, models which can introduce and strengthen locational price signals at the local level through the development of 'local markets'.

Award information

Awarded date

7 October 2022

Contract start date

17 October 2022

Contract end date

23 December 2022

Total value of contract

£60,000

This contract was awarded to 1 supplier.

CEPA LLP

Address

Queens House, 55-56 Lincoln's Inn Fields, London, Greater London, WC2A 3LJ, UNITED KINGDOM

Reference

No reference - other

Supplier is SME?

Yes

Supplier is VCSE?

No

About the buyer

Address

Polaris House
Swindon
SN2 1FF
England

Email

nicola.turner@uksbs.co.uk