Closed tender

Purchase of UK Allowances (UKA) in Accordance with the UK Emissions Trading Scheme (UK ETS) (2025-29)

Details

Value
GBP 7,040,000
Topic
Energy and related services
Published
11 February 2025
Submission
14 March 2025

Tender description

The University of Strathclyde (“the University”) is seeking to establish a Contract for the Purchase of UK Allowances (UKA) in Accordance with the UK Emissions Trading Scheme (UK ETS) (2025-29) (UOS-35556-2025). Lot 1: The University of Strathclyde (“the University”) is seeking to purchase UK Allowances (UKAs) in accordance with the UK Emissions Trading Scheme (UK ETS). The Contract will include, however, will not be limited to: - Purchases of allowances at auctions or on the secondary market on behalf of the University: - Incorporating a hedging strategy on behalf of the University to limit exposure to high prices of allowances: - Holding and transfer of allowances from an authorised UK ETS Trading Registry Account to the University’s Operator Holding Account (OHA) as required: - Providing market insights, intelligence and price forecasts at agreed intervals at no extra cost to the University: - Running market orders; and - The University may request that the Service Provider hold allowances on behalf of the University.

Timeline

  1. Completed: Tender published11 February 2025
    Current notice
  2. Completed: Submission date14 March 2025

About the buyer

University of Strathclyde is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 71314000 · Energy and related services
  • 71314200 · Energy-management services
  • 71314300 · Energy-efficiency consultancy services
  • 79223000 · Custom broker services
  • 90731210 · Purchase of CO2 emission credits

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