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Research to quantify the economic opportunities as a result of global energy transition for future UK Government policy development.

Contracts Finder notice active GET /api/v1/contracts/12621
£100,870
value
GBP
22 Dec 2023
awarded
1
suppliers named

Who

Buyer BEIS — not a council we hold
Supplier Ricardo AEA Ltd

What

The green transition will reshape global markets, provide new opportunities for businesses and have benefits beyond just reducing emissions. We are seeking research to be undertaken to answer some key questions for us in order to inform policy making decisions. We will be looking for a quantitative, evidence-based narrative on the benefits from a faster global transition. The objectives of the project are to: Fill highlighted evidence gaps with robust, quantifiable and published analysis which can be used to directly support policy development. Provide a quantitative, evidence-based assessment on how benefits change from different rates of the global transition. We are aware of the additional costs associated with a global transition, including the higher costs from a faster clean transition, but traditionally the benefits, particularly in relation to the UK are less well understood. The aim is that this analysis will help provide a more balanced quantitative assessment. This analysis should focus on benefits, opportunities out to 2030, but also consider the longer-term benefits out to 2050 for some of the more nascent technologies. Additional information: Redacted Contract

Dates and source

Runs 5 Jan 2024 to 29 Mar 2024
OCID ocds-b5fd17-fe80d61d-d007-4ba4-ac96-bee3a9496afe
Notice Read it on Contracts Finder

Figures are as published An award value in OCDS may be a framework ceiling rather than a sum anyone expects to spend, so a large figure here is not evidence of a large purchase.