Onshore Competition Commercial Model Review
Published
Description
Ofgem require a critical review of ESO's proposed commercial model both in terms of the individual elements and the overall balance of the proposed package to likely investors and developers. This should be carried out for both large HVDC subsea cable projects (over GBP2bn) and smaller onshore projects (c.GBP500m) and be informed by relevant investor contacts. The development of competition in the provision of onshore infrastructure delivery has been a long-term policy objective for Ofgem. Rather than awarding investment to incumbent monopoly TOs, a competition "for the market" can procure investment at lower cost to consumers, drive innovation and widen the supply chain for the delivery of critical network upgrades. The need for changes to primary legislation to enable competition has previously limited our ability to date to fully develop and implement it. On 26 October the Energy Act 2023 received Royal Assent. This now allows for the awarding of electricity transmission and distribution licences through a competitive process and allows for delivery of network upgrades via competitive tender. In the context of the scale of investment in networks required to deliver our net zero obligations the UK Government (HM Gov) has set out, via the Transmission Acceleration Action Plan (TAAP) that it is committed to announcing a suitable first project for competitive delivery by the end of 2024. Having previously developed proposals for Late CATO competition (competitive tender takes place once detailed design work is completed) in 2016, Ofgem has more recently focused on the development of early competition (competitive tender takes place before the detailed design work is in place). In 2022, Ofgem decided that the Electricity System Operator (ESO) will carry out the early competition tenders and confirmed that it should complete the design of the commercial model and tender process. Support is required from an organisation who will act in advisory capacity, by first carrying out a critical review of the Electricity System Operator's proposed commercial model for early competition in the electricity transmission sector.
Timeline
Award date
4 months ago
Publish date
4 months ago
Buyer information
Office of Gas and Electricity Markets (Ofgem)
- Contact:
- Lynsey Gordon
- Email:
- procurement2@ofgem.gov.uk
Explore contracts and tenders relating to Office of Gas and Electricity Markets (Ofgem)
Go to buyer profileNotice topics
Source
Contracts FinderTo save this opportunity, sign up to Stotles for free.
Save in appTender tracking
Access a feed of government opportunities tailored to you, in one view. Receive email alerts and integrate with your CRM to stay up-to-date.
Proactive prospecting
Get ahead of competitors by reaching out to key decision-makers within buying organisations directly.
360° account briefings
Create in-depth briefings on buyer organisations based on their historical & upcoming procurement activity.
Collaboration tools
Streamline sales workflows with team collaboration and communication features, and integrate with your favourite sales tools.
Explore similar tenders and contracts
Browse open tenders, recent contract awards and upcoming contract expiries that match similar CPV codes.
- Awarded
SCAPE Utilities Consultancy Services Framework - Scotland
Scape Procure Scotland Ltd500,000,000 GBPPublished 3 days ago
- Awarded
Framework Agreement for Business Support Consultancy Services
North Ayrshire Council643,000 GBPPublished 3 days ago
- Awarded
Insurance Services
Police and Crime Commissioner for Northumbria5,409,105 GBPPublished 4 days ago
- Awarded
Property & Motor Insurance - Oldham Council
Oldham Metropolitan Borough Council3,364,284.8 GBPPublished 5 days ago
- Awarded
ID 4905649 - PSNI - Provision of Financial and Personal Data / Information
Police Service of Northern IrelandPublished 6 days ago
Explore other contracts published by Office of Gas and Electricity Markets (Ofgem)
Explore more open tenders, recent contract awards and upcoming contract expiries published by Office of Gas and Electricity Markets (Ofgem).
- Awarded
Finance System and Infor BI Software & Maintenance
Office of Gas and Electricity Markets (Ofgem)125,500 GBPPublished 4 days ago
- Awarded
ESO Cost Monitoring Framework Phase 2
Office of Gas and Electricity Markets (Ofgem)140,000 GBPPublished 4 days ago
- Awarded
Creation and Hosting of Ofgem Podcast
Office of Gas and Electricity Markets (Ofgem)64,000 GBPPublished 4 days ago
- Awarded
Ofgem 2024-049 RER MVP Development
Office of Gas and Electricity Markets (Ofgem)394,200 GBPPublished 17 days ago
- Awarded
Ofgem 2024-027 Specialist Virtual Data Room Services
Office of Gas and Electricity Markets (Ofgem)329,916 GBPPublished 17 days ago
- Awarded
Ofgem 2024-005 RO/FIT/CFD Targeted Audits and RO Statistical Audits
Office of Gas and Electricity Markets (Ofgem)1,251,862 GBPPublished 18 days ago
- Awarded
Ofgem 2024-008 Counterfraud Portal
Office of Gas and Electricity Markets (Ofgem)195,894 GBPPublished 18 days ago
- Awarded
Ofgem 2023-177 Delivery & Schemes IT Controls Review
Office of Gas and Electricity Markets (Ofgem)50,100 GBPPublished 18 days ago
- Awarded
Ofgem 2024-007 Connections Reform Strategic Planning work
Office of Gas and Electricity Markets (Ofgem)169,800 GBPPublished 18 days ago
Explore more suppliers to Office of Gas and Electricity Markets (Ofgem)
Sign upExplore top buyers for public sector contracts
Discover open tenders, contract awards and upcoming contract expiries of thousands of public sector buyers below. Gain insights into their procurement activity, historical purchasing trends and more.
- Blackburn with Darwen Borough Council
- One Housing Group
- Roscommon County Council
- Future Cities Catapult Ltd
- The Heritage Council
- Institute of Technology Carlow
- National Council for Special Education
- Electoral Office For Northern Ireland
- Shotton Parish Council
- Milnthorpe Parish council
- UPCHURCH PARISH COUNCIL
- Chelmsford County High School for Girls
Explore top sources for public sector contracts
Stotles aggregates public sector contract data from every major procurement data source. We ingest this data and surface the most relevant insights for our users. Explore our list of public sector procurement data sources below.