Consideration of a range of Market and Regulatory Frameworks to support future scenarios for the decarbonisation of the GB Gas Network

Tender description

As part of a wider programme of work examining possible strategic heat options, BEIS is looking to better understand the market and regulatory frameworks that could underpin a repurposing or reconfiguration of the GB gas network, if required in order to decarbonise heating. This work would, for a set of future market models with plausible repurposed or reconfigured gas grid roles, provide: 1)A clear description for how future market conditions could be sustained; 2)Exploration of a range of plausible approaches involving differing levels of market and centralised coordination; 3)Detailed characteristics of these models from a number of important perspectives; 4)Description of the main stages of development towards these models and an indication of possible lead times; 5)State the main risks to each model and transition and how those risks may be overcome;