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011-03-493 - Provision of Wholesale Electricity Market Forecasting Software

Descriptions

Since 1st November 2007 the Utility Regulator of Northern Ireland (UREGNI) and the Commission for Regulation of Utilities (CRU) together referred to as the Regulatory Authorities or RAs, have jointly regulated the all-Island wholesale electricity market known as the Single Electricity Market (SEM) covering both Northern Ireland and the Republic of Ireland. The decision-making body which governs the market is the SEM Committee (SEMC). The Contracting Authorities require modelling software that has an ability to forecast wholesale electricity prices and generator schedules which range from scenario analysis to directly setting forward contracts prices and volumes. The modelling software output can be vital for informing policy decisions through detailed analysis. Please refer to the RFT for further details, including:A non-exhaustive list of the Contracting Authorities functions that will require wholesale electricity forecasting;Functional Specification;Non Functional Specification;Functional Questions;Invoicing Arrangements;Service Levels andKey Performance Indicators.

Timeline

Published Date :

15th Apr 2023 2 years ago

Deadline :

18th May 2023 2 years ago

Contract Start :

N/A

Contract End :

N/A

Tender Regions

Keywords

codebase design

rollout planning

systems analysis

coding services

IT systems

lab data processing tool

software integration

unified business suite

algorithm development

research plotting tool

all-in-one solution

trend forecasting suite

IT service desk software

evidence modeling tool

plug-in enabled suite

error analysis module

patch management utility

solution architecture

user manual creation

time series forecasting

data trend engine

domain-specific modules

full-stack programming

IT workflow engine

enterprise IT toolset

sample data aggregator

network management suite

simulation engine

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feature enablement setup

initial system setup

requirements analysis

integration planning

version upgrade support

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deployment scripting

IT asset inventory

trend prediction tools

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data science toolkit

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deployment assistance

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user access setup

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measurement interpretation system

predictive modeling engine

version-controlled coding workflows

post-install configuration

frontend interface programming

environment variable tuning

hypothesis testing module

simulation scenario engine

statistical forecasting system

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econometric module development

scientific computation modules

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optimization solver integration

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license activation configuration

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scenario simulation engine

integration with existing systems

feature enablement scripting

time-series analysis platform

systems automation package

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regression analysis modules

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experimental data analyzer

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laboratory statistics engine

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mathematical solver integration

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demand projection programming

backend system structuring

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software bundle installer

configuration deployment tool

probability modeling modules

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Workflows

Status :

Closed

Procedure :

2. Open Procedure (OJEU)

Suitable for SME :

N/A

Nationwide :

No

Assign to :

Tender Progress :

0%

Details

Notice Type :

Tender

Tender Identifier :

IT-378-246-T: 2024 - 001

Tenderbase ID :

310724019

Low Value :

£100K

High Value :

£1000K

Buyer Information

Address :

Liverpool Merseyside , Merseyside , L13 0BQ

Website :

N/A

Procurement Contact

Name :

Tina Smith

Phone :

0151 252 3243

Email :

tina.smith@shared-ed.ac.uk