Awarded

Cost-Benefit Analysis of Locational Pricing for Transmission Losses in GB Electricity Market

Awarded 04 Nov 2015

View live tenders
Awarded04 Nov 2015
Value£73,880.00
RegionLondon
CategoryConsultancy & Legal
Ended 10y 7mo ago5mo term
Awarded 4 Nov 2015Expired 30 Mar 2016

The Competition and Markets Authority awarded a contract to NERA Economic Consulting for a simulation model-based cost-benefit analysis of introducing locational pricing for transmission losses in the GB electricity market.

The work involved determining base and additional scenarios, proposing and implementing a methodology for locational scenarios, estimating transmission loss factors, simulating the GB electricity system to assess economic costs under various loss-charging methodologies, and providing net benefit results for consumers and generators with regional and generator breakdowns.

The contract value was £73,880.

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