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Awarded United Kingdom

Flex Markets Unlocked Innovation Programme: Phase 1 SBRI

Reference ocds-b5fd17-2e1f6a87-d3f7-4fff-86c7-b4f08820496a · BEIS

Awarded to EPEX SPOT SE and 2 others. Estimated value: £582,336.

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Amounts and figures

£582,336
Estimated value

Description

The Department is funding the following feasibility studies in Phase 1, where each project will develop robust technical specifications for proposed technical solutions. Yottar Balance Owner: Yottar Project costs:  £197,159.09 Location: Devon Project summary: Yottar Balance will seek to make it easier for electric vehicle, heat pump and other small energy asset owners to make money with these assets by improving their ability to offer flexible energy services into the electricity system. In doing so, the project will be supporting the ability of these assets to balance increasing amounts of variable renewable energy, and help to minimise the need for expensive electricity network upgrades. The project will do this by improving asset data transparency, enabling easier market access and improving coordination between electricity markets. e-gate Owner: EPEX SPOT SE Partner: Gridimp Ltd Project costs:  £185,246.37 Location: London Project summary: Consortium partners EPEX SPOT SE and GridImp will specify and develop an end-to-end solution for flexibility service providers (FSPs), from technology to market. This project will contribute to simplifying the market …

Awards

Awarded toAmountDate
EPEX SPOT SE £582,336 20 November 2023
YOTTAR LTD — 20 November 2023
ARUP GROUP LIMITED — 20 November 2023

Official publications

MediumReferenceDate
FTS e4653443-7bd9-41c2-869f-0c639ecc8148-705675 8 December 2023
Contracts Finder e4653443-7bd9-41c2-869f-0c639ecc8148-705675 8 December 2023

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Frequently asked questions

What is the deadline to bid for this tender?
The submission deadline is 7 August 2023, 14:00. 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 £582,336.
Who is the buyer of this tender?
The contracting authority is BEIS (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.