Design Options for Nodal Pricing in GB

Complete

Buyers

OFGEM
OFGEM

Value

£350,000

Classifications

Energy and related services
Electricity
Energy-efficiency consultancy services

Submission Deadline

2 years ago

Published

2 years ago

Description

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.

Documents

Premium

Bypass the hassle of outdated portals. Get all the information you need right here, right now.

Contract Agreement

The official contract terms, conditions, and scopes of work.

Download
Award Notice

Details on the tender award and selected suppliers.

Download