Study on pass-through rate: main drivers, country differences and policy implications
European Commission, DG JRC - Joint Research Centre
Closed. Submission deadline: 1 July 2024. Estimated value: €200,000.
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Amounts and figures
Description
The European gas market changed markedly when the global economy recovered from the Covid-19 pandemic and due to the Russian invasion of Ukraine. European gas prices increased to historically high levels after remaining broadly stable for more than a decade. As natural gas is widely used in energy production, energy became much more expensive also on the retail level for firms and households. Due to these events, the relationship between energy prices, inflation and the real economy stepped into spotlight. How do wholesale price shocks feed through to retail prices? The crisis of recent years has shown how understanding the pass-through rates and anticipating the retail sector’s reaction to wholesale shocks is fundamental to design efficient and effective markets and policies. Moreover, even when the crisis is over, the progressive phase-out of fossil fuels and deployment of variable renewable energy sources is expected to generate more volatility in wholesale markets. In this context, it is important to anticipate how this volatility may be transferred to retail prices and how this may affect consumer behaviour. Against this background, there is a limited understanding of how the …
Award criteria
| Type | Criterion | Weight |
|---|---|---|
| Quality | Please consult the procurement documents. | — |
| Price | Please consult the procurement documents. | — |
Participation requirements
- Please consult the procurement documents.
- For the full list of exclusion grounds please consult the procurement documents.
Modifications
- Extension of tender submission deadline, additional information deadline, and change of opening date
Official publications
| Medium | Reference | Date |
|---|---|---|
| TED | 00371216-2024 | 24 June 2024 |
| OJS | 121/2024 | 24 June 2024 |
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Frequently asked questions
- What is the deadline to bid for this tender?
- The submission deadline is 1 July 2024, 10:00. Check the official source, as dates can be modified.
- What is the estimated value of this tender?
- The estimated value published by the buyer is €200,000.
- Who is the buyer of this tender?
- The contracting authority is European Commission, DG JRC - Joint Research Centre (European Union).
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