# Economic Consultants for Long Duration Energy Storage \(LDES\)

> A sourced UK public sector contract award published by Ofgem.

## Key facts

- Buyer: [Ofgem](/buyers/ofgem/contract-awards)
- Supplier: [Cepa Llp](/suppliers/cepa/public-sector-contract-awards)
- Award value: £600,000
- Tender value: £600,000
- Award date: 2 April 2025
- Published: 4 April 2025
- Contract start: 3 April 2025
- Contract end: 2 April 2028
- Stage: awarded
- Procurement category: services
- Notice ID: 50a611b4-abef-49a7-a755-e12ff1dfdee9-838729
- OCID: ocds-b5fd17-e81b0522-efda-418d-ba4e-d85288b41622

## Description

Ofgem require a supplier with specialist economic support to provide economic and financial policy advice on the regulatory regime design of a new cap and floor regime to support investment in Long Duration Electricity Storage \(LDES\)\. To support Ofgem's work on both developing and running efficient processes to make decisions around awarding "cap and floor" support, the supplier will provide economic support in relation to policy and delivery\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/50a611b4-abef-49a7-a755-e12ff1dfdee9-838729)