Awarded

Award of CfD Auction Consultancy for Consumer Value for Money to Copenhagen Economics A/S

Awarded 14 Jan 2021

View live tenders
Awarded14 Jan 2021
Value£59,700.00
RegionUnited Kingdom
CategoryConsultancy & Legal
Ended 5y 7mo ago3mo term
Awarded 14 Jan 2021Expired 30 Mar 2021

Business Energy and Industrial Strategy awarded a contract to Copenhagen Economics A/S for specialist advice on its forthcoming Contracts for Difference (CfD) auctions, AR4, to ensure the auctions deliver value for money for consumers while securing sufficient renewable electricity generating capacity to meet energy policy needs.

The advice addresses auction design robustness, given that CfD contract holders receive a top-up on the wholesale electricity price funded through consumer electricity bills.

The contract value is £59,700.

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