Economic Advice and Analytical Support on Retail Resilience for Ofgem
Awarded 16 Feb 2022
About
Ofgem awarded a contract to Nera UK Ltd for economic advice and analytical support to inform Ofgem's retail financial resilience action plan, specifically actions 9 and 10 concerning mutualisation risk associated with renewable obligation payments and credit balances, and developing a stronger regulatory framework for supplier financial resilience.
The contract, valued at AUD 177,000, required analysis and modelling on retail market data, quantification of costs and benefits of policy options, and advice on economic theory.
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