2026-065 -Generation Market Study

Ofgem is seeking a qualified external provider to conduct a comprehensive market study of the Great Britain wholesale electricity generation sector. The primary objective of this engagement is to deliver an updated assessment of market outcomes. The contract is estimated to be valued at 416,667 GBP excluding VAT, with a primary performance period running from November 30, 2026, to March 31, 2027. There is a possibility of a four-month extension up to July 31, 2027, with specific deliverables for that period to be mutually agreed upon if the extension is exercised. This procurement is being conducted via an open procedure, with a strong emphasis on quality, as the award criteria are weighted 70 percent for technical quality and 30 percent for commercial price. The opportunity is noted as particularly suitable for small and medium-sized enterprises as well as voluntary, community, and social enterprises. Interested parties must submit their electronic proposals in English via the designated portal by October 26, 2026, at 12:00 pm. All inquiries regarding the solicitation must be submitted by October 19, 2026.