C0943 Battery Energy Storage Market Data Services

NATIONAL WEALTH FUND LIMITEDcontractContracts FinderRef CF-0002200D8d000008FPzjEAGcomplete
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Estimated value

£544k

Awarded value

£544k

Awarded 02 Apr 2025

Suppliers

1

Lots

1

1 awarded

Published

15 Apr 2025

Deadline 10 Mar 2025

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.

Scope

Reference
CF-0002200D8d000008FPzjEAG
Total value
£544,250 excluding VAT
Commercial tool
Standalone contract
Contract dates
03 Apr 2025 to 02 Apr 2028
CPV classifications
72300000 73000000 79300000

Submission & procedure

Submission deadline
10 Mar 2025, 12:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£544k

Award date

02 Apr 2025

Contract start

03 Apr 2025

Contract end

02 Apr 2028