Contracts FinderCall-off contract
Published 15 Apr 2025

Contracts Finder notice

C0943 Battery Energy Storage Market Data Services

Authority: National Wealth Fund Limited

Call-off from a dynamic purchasing system
CPV: Data services (72300000)
Published contract value£544,250Exc. VAT
Contract ends 3 Apr 2028
Contract starts 4 Apr 2025

What is being bought

Published requirement description

NWF 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
  1. Award decision
    3 Apr 2025
  2. Contract starts
    4 Apr 2025
  3. Notice published
    15 Apr 2025
  4. Contract ends
    3 Apr 2028

Contracting authority & participating public bodies

Suppliers named on the notice

Official documents & specifications (1)

Official links; attachments are not copied

Notices 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