Awarded contract

C0980 Battery Energy Storage Market Data Services

Details

Supplier(s)
AURORA ENERGY RESEARCH LIMITED, Modo energy Limited
Value
£2,088,500
Topic
Data services
Published
15 September 2026

Tender description

NWF is looking to expand its exposure to the battery storage (BESS) market and requires more market data. Lot 1: NWF has procured two solution(s) to deliver the following service elements as a minimum: • Provide forecasting market data for Battery Energy Storage System ("BESS") assets via an interactive tool / platform including access to periodic reports; • Provide outturn revenue data for individual BESS assets and the UK fleet via an interactive tool / platform, split out by each element of the revenue stack. If possible, the solution will also be able to show outturn Optimiser performance; • Provide web-based platform(s) that NWF can access on demand, manipulate and customise without requirement to engage with the Supplier; • Provide related onboarding services to deliver a smooth implementation; and • Provide the necessary ongoing support of the procured services. Additional information: The total value of these contracts (aggregated) will range between a total amount of £616,250 and £1,044,250 excluding VAT depending on the execution of available extension options.

Timeline

  1. Completed: Award date31 March 2025
  2. Completed: Award published15 September 2026
    Current notice

About the buyer

National Wealth Fund is an executive non-departmental public body, wholly owned and backed by HM Treasury. Operational independence from the Treasury gives the fund its own commercial and investment decisions. Leeds remains its headquarters, inherited along with much of its structure from the UK Infrastructure Bank. A dynamic purchasing system covers recurring requirements such as market data services, alongside one-off tenders for advisory support.

Over the past 5 years, most of National Wealth Fund's contract awards have been in business services, IT services and research and development.

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