Awarded

Procurement of Evaluation of Contracts for Difference

Descriptions

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the Crown Commercial Services DPS RM6126 - Research & Insights. Brief Description of Requirement The CfD scheme is the government's main mechanism for supporting low-carbon electricity generation. CfDs incentivise investment in renewable energy through a fixed price over a 15 year contract. This in turn provides direct protection from volatile wholesale prices and protect consumers from paying increased support costs when electricity prices are high. Renewable generation projects located in Great Britain that meet the eligibility requirements can compete for a CfD. There have been 7 allocation rounds (AR), to date, which have seen a range of different renewable technologies competing against each other for a contract. Successful developers of renewable projects enter into a private law contract with the Low Carbon Contracts Company (LCCC), a government-owned company. Developers are paid a flat (indexed) rate for the electricity they produce over a 15-year period; the difference between the 'strike price' (a price for electricity reflecting the cost of investing in a particular low carbon technology, determined via a competitive auction) and the 'reference price' (a measure of the average market price for electricity in the GB market).

Timeline

Published Date :

30th Jun 2025 Today

Deadline :

13th May 2025 1 month ago

Tender Awarded :

1 Supplier

Awarded date :

N/A

Contract Start :

N/A

Contract End :

N/A

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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