Contracts Finder notice
C0943 Battery Energy Storage Market Data Services
Authority: National Wealth Fund Limited
What is being bought
Published requirement descriptionNWF has procured two solution(s) to deliver the following service elements as a minimum:
- Provide forecasting market data for Battery Energy Storage System ("BESS") assets via an interactive tool / platform including access to periodic reports;
- Provide outturn revenue data for individual BESS assets and the UK fleet via an interactive tool / platform, split out by each element of the revenue stack. If possible, the solution will also be able to show outturn Optimiser performance;
- Provide web-based platform(s) that NWF can access on demand, manipulate and customise without requirement to engage with the Supplier;
- Provide related onboarding services to deliver a smooth implementation; and
- Provide the necessary ongoing support of the procured services.
The tool(s) / platform(s) provide:
o forecast and outturn data, research and insights for the BESS market in Great Britain (GB), and if possible, for Longer Duration Energy Storage ("LDES");
o standardised pre-built reports / forecasts for the BESS market;
o the ability to produce site-specific revenue forecasts (asset valuations), creating bankable forecasts / valuations.
This notice relates to the second of the two contract awards.
This contract shall commence in April 2025 and the service products shall have a 3 year initial subscription period with the option to extend by a further two years in the form of two optional one year extension periods i.e., a maximum of five years in total.
The value of this contract will range between £316,250 and £544,250 excluding VAT depending on the execution of available extension options. The contract may be extended up until 3 April 2030.
NWF has the option to purchase various additional ancillary services as set out in the contract. The value of such services are not included in the value of this notice. If these are purchased this notice will be updated accordingly.
Published procurement details
- Procedure
- Call-off from a dynamic purchasing system
- Buyer reference
- CF-0002200D8d000008FPzjEAG
- Category
- Services
- Tender status
- Complete
- Award status
- Active
- Suitable for SMEs
- No
- Suitable for voluntary, community and social enterprises
- No
- Min Value
- £316,250.00
- Tender deadline
- Procurement method
- Selective
- Additional classifications 1: Reference
- 73000000
- Additional classifications 1: Scheme
- CPV
- Additional classifications 1: Description
- Research and development services and related consultancy services
- Additional classifications 2: Reference
- 79300000
- Additional classifications 2: Scheme
- CPV
- Additional classifications 2: Description
- Market and economic research; polling and statistics
- Item 1: Delivery locations as published
- LS1 4HR; London, United Kingdom; Yorkshire and the Humber, United Kingdom
Key dates
Published dates- Award decision3 Apr 2025
- Contract starts4 Apr 2025
- Notice published15 Apr 2025
- Contract ends3 Apr 2028
Contracting authority & participating public bodies
- National Wealth Fund LimitedContracting authority
Suppliers named on the notice
- Aurora Energy Research LimitedSupplier
Official documents & specifications (1)
Official links; attachments are not copiedNotices published for this procedure
Source record
- Source
- Contracts Finder
- Notice language
- en
- Release reference
- ocds-b5fd17-36d9a7fe-da20-4c24-8f7e-8ed460e32a2a-2025-04-15T10:00:37+01:00
- Published
- 15 Apr 2025
- Latest update
- 15 Apr 2025
- Procedure reference
- ocds-b5fd17-36d9a7fe-da20-4c24-8f7e-8ed460e32a2a
- Contract reference
- ocds-b5fd17-36d9a7fe-da20-4c24-8f7e-8ed460e32a2a-1