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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 in a 1 year

Deadline :

18th May 2023 in a 1 year

Contract Start :

N/A

Contract End :

N/A

Tender Regions

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Workflows

Status :

Closed

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Tender Progress :

0%

Details

Notice Type :

Open opportunity

Tender Identifier :

IT-378-246-T: 2024 - 001

TenderBase ID :

310724019

Low Value :

£100K

High Value :

£1000K

Region :

North Region

Attachments :

Buyer Information

Address :

Liverpool Merseyside , Merseyside , L13 0BQ

Website :

N/A

Procurement Contact

Name :

Tina Smith

Designation :

Chief Executive Officer

Phone :

0151 252 3243

Email :

tina.smith@shared-ed.ac.uk

Possible Competitors

1 Possible Competitors