DESNZ · Awarded contract

Awarded

Forecasting Engineered GGR Prices and Scale in Voluntary Carbon Markets for DESNZ

Awarded 07 Feb 2025

View live tenders

Awarded07 Feb 2025

Value£56,700.00

SupplierAllied Crowds Limited

AgencyDESNZ

RegionUnited Kingdom

CategoryEnergy & Environment

Ended 1y 4mo ago5mo term

Awarded 7 Feb 2025Expired 5 July 2025

About

DESNZ awarded a contract to Allied Crowds Limited for forecasting the future prices and scale of engineered Greenhouse Gas Removals (GGRs) in Voluntary Carbon Markets (VCMs) to strengthen internal analysis and inform the design of the GGR Business Model, including its integration with the UK Emission Trading System (ETS).

The project involved economic modelling to provide a probabilistic assessment of scenarios and assumptions affecting prices and volumes of engineered GGRs in VCMs, preceded by literature reviews.

The modelling considered both demand and supply sides, estimating Marginal Willingness to Pay curves for corporate buyers and Marginal Cost curves for different GGR technologies, with forecasts from 2030 to 2050 in yearly intervals.

The contract value was AUD 56,700.

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