Awarded Contractocds-b5fd17-e81b0522-efda-418d-ba4e-d85288b41622

Economic Consultants for Long Duration Energy Storage (LDES)

Ofgem require a supplier with specialist economic support to provide economic and financial policy advice on the regulatory regime design of a new cap and floor regime to support investment in Long Duration Electricity Storage (LDES). To support Ofgem's work on both developing and running efficient processes to make decisions around awarding "cap and floor" support, the supplier will provide economic support in relation to policy and delivery.

Buyer

Ofgem

Value

£600,000

Published

4 Apr 2025

Closes

1 Jan 2025

Procurement details

Source

Contracts Finder

Region

Tower Hamlets

Procurement method

Open

Category

Services

Contract starts

2 Apr 2025

Contract ends

2 Apr 2028

CPV classifications

66171000

Financial consultancy services

Lots

Lot default Economic Consultants for Long Duration Energy Storage (LDES)

£600,000

Ofgem require a supplier with specialist economic support to provide economic and financial policy advice on the regulatory regime design of a new cap and floor regime to support investment in Long Duration Electricity Storage (LDES). To support Ofgem's work on both developing and running efficient processes to make decisions around awarding "cap and floor"...

Delivery: British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, United Kingdom

Awarded contract notice on Contracts Finder

4 Apr 2025

Awarded contract notice on Contracts Finder

Award notice · Web page

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Tender notice

Contains public sector information licensed under the Open Government Licence v3.0.