Effective Carbon Prices Update

2024-10-31

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Published date: 31 October 2024

Last edited date: 31 October 2024

Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.

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Contract summary

Industry

Research and development services and related consultancy services - 73000000

Location of contract

United Kingdom

Value of contract

£48,000 to £50,000

Procurement reference

ESC\24\380

Published date

31 October 2024

Closing date

29 November 2024

Closing time

12pm

Contract start date

9 December 2024

Contract end date

31 March 2025

Contract type

Service contract

Procedure type

Open procedure (below threshold)

What is an open procedure (below threshold)?

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Description

In 2018, the Catapult published Current Pattern of Effective Carbon Prices, which summarised the then pattern of economic signals in the UK for reducing emissions in different sectors.

The aim of that analysis was to quantify and compare the effective carbon prices that arise from existing tax, subsidy, and other policy instruments across the economy. The intention was that it formed the baseline from which to assess in more detail the different sector drivers and future options for policy reform.

Carbon policy has changed significantly in the intervening years since 2018. The shift to a Net Zero target by 2050, along with wider macro-economic impacts, such as the pandemic, inflation, and war in Ukraine, have resulted in increased energy prices.

This project seeks to develop a new dataset, that is up to date with current UK carbon policies, while also future proofing it for policy change over time, allowing for new policies to be added and existing policies updated. The dataset will be used as a tool for illustrating the impact of policies on the incentive to decarbonise different sectors and activities across the economy.

Details of how to respond to this tender are detailed in the zip file attached to this advert.