# PS22251 - Market Signals and Renewables Investor Behaviour \(RAF040/2223\)

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: Department for Business, Energy &amp; Industrial Strategy
- Contract winner: [Frontier Economics Limited](/contract-winners/frontier-economics/public-sector-contract-awards)
- Award value: £59,995
- Tender value: £59,995
- Award date: 5 October 2022
- Published: 17 October 2022
- Contract start: 10 October 2022
- Contract end: 31 March 2023
- Stage: awarded
- Procurement category: services
- Notice ID: 19c2e9d0-0090-4433-a514-aacd2f098d3f-580968
- OCID: ocds-b5fd17-c8b34c18-c4ee-492c-b868-c880e731519f

## Description

\*\*\*\*\* THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION \*\*\*\*\* This procurement is being concluded following a competitive procurement exercise\. Brief Description of Requirement The project will gather new evidence on investment behaviour in GB renewable electricity generation assets \(onshore wind, offshore wind, solar, and biomass\), including how such behaviour could be influenced by increased price / market exposure beyond that experienced under the current Contracts for Difference scheme\. This evidence will be crucial to drive efficient investment in GB renewables and deliver our sector ambitions at the lowest cost to consumers\. The results will help us investigate the opportunities \(or lack thereof\) to operate on a more market led basis with additional price exposure \(for generators; currently price exposure is faced by consumers\), to be delivered through evolution of the Contracts for Difference \(CfD\) scheme and the ongoing Review of Electricity Market Arrangements \(REMA\)\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/19c2e9d0-0090-4433-a514-aacd2f098d3f-580968)
