National Wealth Fund Limited · Awarded contract

Awarded

Battery Energy Storage Market Data Services for National Wealth Fund

Awarded 03 Apr 2025

View live tenders

Awarded03 Apr 2025

Value£544,250.00

SupplierAurora Energy Research Limited

AgencyNational Wealth Fund Limited

RegionLondon

CategoryEnergy & Environment

Expires in 1y 5mo3y term, 53% elapsed

Awarded 3 Apr 2025Expires 2 Apr 2028

About

National Wealth Fund Limited awarded a contract to Aurora Energy Research Limited for the provision of Battery Energy Storage System (BESS) market data services.

The contract includes forecasting market data and outturn revenue data for individual BESS assets and the UK fleet via an interactive platform, with the ability to produce site-specific revenue forecasts and bankable valuations.

The services also cover related onboarding and ongoing support.

The contract commenced in April 2025 with a three-year initial subscription period and options to extend by up to two years, for a maximum of five years.

The contract value ranges between £316,250 and £544,250 excluding VAT, depending on the execution of extension options, and may be extended until 3 April 2030.

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