Awarded

Ofgem 2021-191 Analytical Support and Economic Advice on Retail Resilience

Descriptions

The role of this contract is to provide economic advice and analytical support to inform Ofgem's approach to delivering its retail financial resilience action plan - in particular actions 9 and 10. Actions 9 and 10 relate to mutualisation risk associated with renewable obligation (RO) payments and credit balances and developing a stronger regulatory framework for supplier financial resilience. This will require the supplier to: * Provide analysis and modelling on retail market related data to inform Ofgem's policy development - including wholesale prices, hedging strategies and mutualisation costs * Quantify the costs and benefits of potential policy options to inform resolution of issues such as costs of supplier failure * Advise on economic theory and concepts, and offer potential approaches to resolving problems - as they relate to the issues in scope of this project.

Timeline

Published Date :

23rd Feb 2022 3 years ago

Deadline :

1st Feb 2022 3 years ago

Tender Awarded :

1 Supplier

Awarded date :

16th Feb 2022

Contract Start :

16th Feb 2022

Contract End :

15th Aug 2022

Tender Regions

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Workflows

Status :

Awarded

Assign to :

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