PS23210 Assessment of the future of the GB natural gas storage market (RAF015/2324)

***Modification of the Contract*** Contract Variation PS23210 001 has extended the contract term from 08th December 2023 to 01st April 2024. There was a break clause applied to this Contract where the contracting authority reserved the right to terminate the contract following Work Package 1. Should the works continue Work Package 2 shall be completed by Monday 01st April 2024.

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION *****

This procurement is being concluded following a mini competition under the RM6126 - Research & Insights DPS

Brief Description of Requirement

The Department for Energy Security and Net Zero (DESNZ) is seeking to provide an assessment as to whether the available evidence supports the need for HMG market intervention to support the natural gas storage industry in 2030, 2040 and 2050, including the risks of any such intervention.