# Future Technology Improvements for Renewable Technologies- Solar PV

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

## Key facts

- Public buyer: [Business Energy and Industrial Strategy](/buyers/business-energy-and-industrial-strategy/contract-awards)
- Contract winner: [Loughborough University](/contract-winners/loughborough-university/public-sector-contract-awards)
- Award value: £74,400
- Tender value: £74,400
- Award date: 31 October 2017
- Published: 6 December 2017
- Contract start: 6 November 2017
- Contract end: 6 May 2018
- Stage: awarded
- Procurement category: services
- Notice ID: c126ebd9-b13c-43af-957b-3b042044f363-185747
- OCID: ocds-b5fd17-df412d05-e242-47ef-9733-f0b08679c688

## Description

The Department for Business, Energy and Industrial Strategy \(BEIS\) has identified the need for improved long-term risk management of the load factor \(LF\) assumptions\. The project will facilitate better understanding of technology learning rates in selected renewable technologies and hence allow better prediction the long-term cost reduction potential in the renewable sector\. Specific outcomes will be improved predictions for load factors beyond 2020, which will enable identification of potential implications to policy\. In particular, it has been noted that as the cost of renewable technology decreases there could be a tendency for over-planting the amount of renewables for a given grid connection and so artificially increasing load factors\. Additional information: This was awarded through a Framework Agreement, the Energy Technologies Specialists Framework\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/c126ebd9-b13c-43af-957b-3b042044f363-185747)