Award of ICIS Subscription for Wholesale Gas and Electricity Market Data to Ofgem
Ofgem · Awarded contract
AwardedAward of ICIS Subscription for Wholesale Gas and Electricity Market Data to Ofgem
Awarded 15 Feb 2022
Awarded15 Feb 2022
Value£117,085.00
SupplierICIS
AgencyOfgem
RegionUnited Kingdom
CategoryEnergy & Environment
Ended 2y 10mo ago1y 11mo term
Awarded 15 Feb 2022Expired 31 Dec 2023
About
Ofgem awarded a contract to ICIS for a subscription to wholesale gas and electricity market commentary and price assessments.
ICIS's price assessments are used as a standard across industry, including in the Ofgem price cap, where they are written into the methodology and require a consultation to change.
The services provide price data for analysis across Ofgem and specifically for price cap calculations, and ICIS's market commentary serves as the best source of wholesale market monitoring, an essential output of the MIO team.
The contract value is £117,085.
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Award of ICIS Subscription for Wholesale Gas and Electricity Market Data to Ofgem
Won by ICIS · Ofgem
£117Kawarded
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