Decc urges firms to bid for Eco brokerage service ahead of Green Deal

Firms have one more week to register an interest in designing and running a brokerage service that will be a critical part of the Energy Company Obligation (Eco) that launches alongisde the Green Deal in October.

The department of energy and climate change (Decc) launched the tender last week but has again called for suitable candiate companies.

Decc wants to ensure that the Eco supply chain is diverse, so that the risk of suppliers distorting the system is minimised. The department aims to appoint a company to help design and run the brokerage system, whereby Eco points are traded for Eco subsidy between energy companies (buyers) and Green Deal providers (sellers) via a neutral mechanism.

The contract will be worth up to £3 million and could last for up to three years. Organisations with experience of city trading and credit auctions are invited to apply.

Requests for a pre-qualification questionnaire should be sent via email to: [email protected]