Ofgem · Awarded contract
Awarded

Wholesale Market Policy Development Consultancy by FTI Consulting for Ofgem

Awarded 19 Feb 2024

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Awarded19 Feb 2024
Value£61,500.00
AgencyOfgem
RegionUnited Kingdom
CategoryConsultancy & Legal
Ended 2y 6mo ago3mo term
Awarded 19 Feb 2024Expired 9 May 2024

Ofgem awarded a contract to FTI Consulting LLP for the Wholesale Market Policy Development project.

The contract, valued at AUD 61,500, involved assessing the implications of moving from a national to a locational wholesale price in Great Britain, focusing on levels of liquidity and the risk of market power.

FTI Consulting provided support in evaluating wholesale market design interactions with market power and liquidity, contributing to the development of reform options as part of the review of market arrangements (REMA).

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