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

Published

Value

160,000 GBP

Description

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 successful tenderer 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. Please see attached 2021-191 Analytical Support and Economic Advice on Retail Resilience ITT document for further information.

Timeline

Publish date

2 years ago

Close date

2 years ago

Buyer information

Office of Gas and Electricity Markets (Ofgem)

Contact:
Lynsey Gordon
Email:
procurement2@ofgem.gov.uk

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Notice topics

Energy and related servicesFinancial consultancy servicesFinancial consultancy, financial transaction processing and clearing-house servicesResearch and development consultancy servicesResearch and development services and related consultancy servicesResearch consultancy services

Related topics

Crisis management servicesManagement-related servicesEvaluation consultancy servicesProcurement consultancy servicesSafety consultancy servicesPublic relations services

Source

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