← Back to opportunities

C0943 Battery Energy Storage Market Data Services

National Wealth Fund Limited

Buyer Contact Info

Buyer Name: National Wealth Fund Limited

Buyer Address: 2 Whitehall Quay, Leeds, LS1 4HR, GB

Contact Name: Procurement Team

Contact Email: procurement@nationalwealthfund.org.uk

Status
complete
Procedure
selective
Value
544250.0 GBP
Published
15 Apr 2025, 09:00
Deadline
10 Mar 2025, 12:00
Contract Start
03 Apr 2025, 23:00
Contract End
03 Apr 2028, 22:59
Category
services
CPV
72300000 - Data services
Region
n/a
Awarded To
Aurora Energy Research Limited
Official Source
Open Contracts Finder

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.

Linked Documents

No linked documents found for this notice.

Opportunity Context

Raw Notice JSON

Expand raw payload
{
  "awards": [
    {
      "contractPeriod": {
        "endDate": "2028-04-03T23:59:59+01:00",
        "startDate": "2025-04-04T00:00:00+01:00"
      },
      "date": "2025-04-03T00:00:00+01:00",
      "datePublished": "2025-04-15T10:00:37+01:00",
      "documents": [
        {
          "datePublished": "2025-04-15T10:00:37+01:00",
          "description": "Awarded contract notice on Contracts Finder",
          "documentType": "awardNotice",
          "format": "text/html",
          "id": "1",
          "language": "en",
          "url": "https://www.contractsfinder.service.gov.uk/Notice/79503db5-15b5-4a66-9c0b-8e47f72922dc"
        }
      ],
      "id": "ocds-b5fd17-36d9a7fe-da20-4c24-8f7e-8ed460e32a2a-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-CFS-315057",
          "name": "Aurora Energy Research Limited"
        }
      ],
      "value": {
        "amount": 544250,
        "currency": "GBP"
      }
    }
  ],
  "buyer": {
    "id": "GB-CFS-310426",
    "name": "National Wealth Fund Limited"
  },
  "date": "2025-04-15T10:00:37+01:00",
  "id": "79503db5-15b5-4a66-9c0b-8e47f72922dc-840539",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-b5fd17-36d9a7fe-da20-4c24-8f7e-8ed460e32a2a",
  "parties": [
    {
      "address": {
        "countryName": "GB",
        "locality": "Leeds",
        "postalCode": "LS1 4HR",
        "streetAddress": "2 Whitehall Quay"
      },
      "contactPoint": {
        "email": "procurement@nationalwealthfund.org.uk",
        "name": "Procurement Team"
      },
      "id": "GB-CFS-310426",
      "identifier": {
        "legalName": "National Wealth Fund Limited"
      },
      "name": "National Wealth Fund Limited",
      "roles": [
        "buyer"
      ]
    },
    {
      "address": {
        "streetAddress": "St Aldates Chambers, 109-113 St Aldates, Oxford,  Oxfordshire, OX1 1DS"
      },
      "id": "GB-CFS-315057",
      "identifier": {
        "legalName": "Aurora Energy Research Limited"
      },
      "name": "Aurora Energy Research Limited",
      "roles": [
        "supplier"
      ]
    }
  ],
  "tag": [
    "award"
  ],
  "tender": {
    "additionalClassifications": [
      {
        "description": "Research and development services and related consultancy services",
        "id": "73000000",
        "scheme": "CPV"
      },
      {
        "description": "Market and economic research; polling and statistics",
        "id": "79300000",
        "scheme": "CPV"
      }
    ],
    "classification": {
      "description": "Data services",
      "id": "72300000",
      "scheme": "CPV"
    },
    "contractPeriod": {
      "endDate": "2028-04-03T23:59:59+01:00",
      "startDate": "2025-04-04T00:00:00+01:00"
    },
    "description": "NWF has procured two solution(s) to deliver the following service elements as a minimum:\r\n\r\n\u2022\tProvide forecasting market data for Battery Energy Storage System (\"BESS\") assets via an interactive tool / platform including access to periodic reports;\r\n\u2022\tProvide 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; \r\n\u2022\tProvide web-based platform(s) that NWF can access on demand, manipulate and customise without requirement to engage with the Supplier;\r\n\u2022\tProvide related onboarding services to deliver a smooth implementation; and\r\n\u2022\tProvide the necessary ongoing support of the procured services.\r\n\r\nThe tool(s) / platform(s) provide:\r\n\r\no\tforecast and outturn data, research and insights for the BESS market in Great Britain (GB), and if possible, for Longer Duration Energy Storage (\"LDES\");\r\no\tstandardised pre-built reports / forecasts for the BESS market;\r\no\tthe ability to produce site-specific revenue forecasts (asset valuations), creating bankable forecasts / valuations.\r\n\r\nThis notice relates to the second of the two contract awards.\r\n\r\nThis 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.\r\n\r\nThe value of this contract will range between \u00a3316,250 and \u00a3544,250 excluding VAT depending on the execution of available extension options. The contract may be extended up until 3 April 2030.\r\n\r\nNWF 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.",
    "id": "CF-0002200D8d000008FPzjEAG",
    "items": [
      {
        "deliveryAddresses": [
          {
            "postalCode": "LS1 4HR"
          },
          {
            "countryName": "United Kingdom",
            "region": "London"
          },
          {
            "countryName": "United Kingdom",
            "region": "Yorkshire and the Humber"
          }
        ],
        "id": "1"
      }
    ],
    "mainProcurementCategory": "services",
    "minValue": {
      "amount": 316250,
      "currency": "GBP"
    },
    "procurementMethod": "selective",
    "procurementMethodDetails": "Call-off from a dynamic purchasing system",
    "status": "complete",
    "suitability": {
      "sme": false,
      "vcse": false
    },
    "tenderPeriod": {
      "endDate": "2025-03-10T12:00:00Z"
    },
    "title": "C0943 Battery Energy Storage Market Data Services",
    "value": {
      "amount": 544250,
      "currency": "GBP"
    }
  }
}