Ofgem · Awarded contract
Awarded

Technical Assessment of Nodal Pricing for GB Energy Market

Awarded 24 Mar 2022

View live tenders
Awarded24 Mar 2022
Value£350,000.00
AgencyOfgem
RegionScotland
CategoryConsultancy & Legal
Ended 4y ago7mo term
Awarded 24 Mar 2022Expired 22 Oct 2022

Ofgem awarded a contract to FTI Consulting for a technical assessment of nodal pricing in Great Britain.

The contract, valued at AUD 350,000, supports Ofgem in investigating nodal pricing's potential to enable a cost-effective, secure pathway to Net Zero by driving efficient use of system assets and lowering total system costs through locational and temporal market signals.

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