Contract Award - Services to produce and provide long term supply curves for Oil, Coal and Gas
Department for Business, Energy & Industrial Strategy · United Kingdom
Key facts
- Contract value
- £70,000
- Awarded
- 14 Feb 2023
- Contract starts
- 14 Feb 2023
- Contract ends
- 31 Mar 2023
- Procedure
- Open procedure (below threshold)
- Buyer type
- Central government
Awarded to
| Supplier | Value |
|---|---|
| Rystad Energy Limited | £70,000 |
Description
The contract for Services to produce and provide long term supply curves for Oil, Coal and Gas to Department for Business, Energy & Industrial Strategy ("BEIS") has been awarded to Rystad.
The overall purpose of the Contract is to generate assumptions for long-term fossil fuel prices by combining new fossil fuel supply curves with projections of fossil fuel demand, i.e. where supply meets demand.
The fossil fuel supply curves will reflect the range of uncertainty over the evolution of supply curves through the creation of low and high as well as central projections, reflecting the plausible and evidence-based range and the inherent uncertainty. The projections will be for 2025, and then for 10-year time blocks between 2030 up to and including 2050.
Categories (CPV)
- 73000000 Research and development services and related consultancy services
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