Energy Storage: Technology Review and Market Potential in the EBRD Countries of Operation



Business sector:

Power and energy

Project number:


Funding source:

EBSF - EBRD Shareholder Special Fund

Contract type:

Consultancy Services

Notice type:

Invitation for expressions of interest (CSU)

Issue date:

18 Sep 2019

Closing date:

24 Oct 2019   at  17:00   London

Access eSelection

15/10/19: The Closing Date for receipt of Proposals is extended until 24 October 2019 at 17:00 London time.

09/10/19: Link to Reponse to requests for clarification can be accessed here:

Project Description:

The European Bank for Reconstruction and Development (the EBRD or the Bank), within its Green Economy Transition (GET) approach, is committed to scaling-up financing of projects that advance the transition to environmentally sustainable, low-carbon economies in its Countries of Operations (COOs).

Among the different areas of investment to enhance the efficiency and reliability of electricity systems, the Bank is interested in better understanding the possible role and investment needs in its COOs of various forms of energy storage, such as batteries, capacitors, thermal and chemical storage systems, compressed air and more conventional hydro-pumped and other mechanical storage solutions. The Bank wishes to engage a Consultant to provide support in improving its current general knowledge level on energy storage, and assessing the market potential for energy storage in its COOs.

Assignment Description:

EBRD intends to select and contract a consulting company (the Consultant) to the Assignment.

The expected outcome of the Assignment is a report and the successful delivery of a workshop.

The selected Consultant is expected to provide the following services:

1. Review the main technical solutions which are commercially available for electricity storage by providing a detailed analysis of elements including (but not limited to) (i) commercial aspects, (ii) technical aspects, (iii) economic, market and regulatory conditions and (iv) provide a high level mapping of relevance and readiness for investment in the Bank’s COOs.

2. Provide a high level mapping of relevance and readiness for investment in the Bank’s COOs, including an assessment of technical constraints and economic benefits of the different feasible types of storage to the respective system taking into account its specific storage needs.

3. Organise a workshop to disseminate the key findings of the study.

Full Terms of Reference (TOR) of the Assignment can be found here:

Consultant Selection Procedure: Single stage open competitive selection. Interested firms or groups of firms are invited to submit a Technical and Financial Proposal.

Assignment Start Date and Duration: The Assignment is expected to start in October 2019 and has an estimated overall duration of 7 months.

Cost Estimate for the Assignment: up to EUR 190,000 ( exclusive of VAT). Subject to availability of funding, the performance of the selected Consultant and the business needs, the Assignment may be extended beyond the current scope.

Funding Source: It is anticipated that the contract will be financed by the EBRD Shareholders Special Fund. Selection and contracting are subject to the availability of funding.

Eligibility: There are no eligibility restrictions based on the consultant's country of origin.

Consultant Profile: Corporate services are required. The Consultant will be a firm or a group of firms (in which case only the leading firm will be contracted) preferably with previous project experience related to:

A) Technical expertise on:
a. electricity storage projects, preferably with experience in providing assistance to regulators on technical aspects of such projects;
b. electricity storage market development, in particular on layout, size, charge/discharge, lifetime and operational flexibility.
c. best performing technological electricity storage solutions, preferably with experience in integration of electricity storage.

B) Legal expertise on the current regulatory framework for electricity storage and knowledge of the legislative and regulatory setting and familiarity with the network and grid code and electricity storage regulation

C) Economics/Policy/Commercial expertise in the commercial and regulatory aspects such as (but not limited to) the prevailing technologies for electricity storage, allocation of storage services, main suppliers, current and projected costs, how these are financed and the main risks associated with such investments.

D) Preferably, experience in the energy sector of a country (or more) across the EBRD’s region (Europe & Caucasus, Central Asia (incl. Mongolia), MENA and Tukey).

The Consultant's expert team is expected to include the following key experts (the 'Key Experts'):
1. Key Expert 1: Team Leader – Expert in energy storage policy and economic and regulatory matters with:
a. preferably 10 years’ previous professional experience in project management, specifically in projects related to the electricity sector and in regulatory matters of the electricity sector in particular storage, electricity markets and systems;
b. proven experience in leading a team of experts and the ability to demonstrate adequate project management skills, managerial skills and team leading experience;
c. experience in organising and delivering workshops to a diverse audience of stakeholders is preferable;
d. fluency in English for coordination and report writing purposes.
2. Key Expert 2: Technical Expert(s) preferably 5 years or more previous professional experience in working on technical characteristics of:
a. electricity storage projects - preferably, electricity storage capacity coupled with renewable generation capacity;
b. conducting detailed analysis of technical aspects focused on the role of storage in energy systems such as (but not limited to) the services each storage technology can provide at the power generation side, transmission/distribution and demand side.
3. Key Expert 3: Legal Expert(s) with:
a. preferably 5 years or more previous professional experience in drafting electricity sector legislation and regulations relating to renewable energy and energy storage projects; and
b. experience in advising on the regulatory framework for renewable energy (on the developer and/or the authorities’ side).
4. Key Expert 4: Economic/Financial/Commercial Expert preferably at least 5 years or more previous professional experience in designing and analysing cost structures and conducting economic cost/benefit analysis, including the assessment of market conditions, technical constraints and economic benefits of the different feasible types of storage to the respective system taking into account its specific storage needs.

All the key experts are expected to have strong communication skills, be fluent in English and, preferably, have experience in past projects within the Bank’s COOs or similar environments.

Submission Requirements: The consultants are now invited to submit a completed proposal.

Technical and Financial Proposal as per the standard templates and instructions available at this link. Interested Consultants should make themselves familiar with these Standard Templates, Standard Instructions and Conditions of Contract in preparation of their proposals.

The Technical Proposal shall be submitted in English electronically via eSelection not later than the Closing Date, as one single PDF file. The technical proposal should not exceed 40 pages excluding the Declaration Form and CVs (Form 1- TP 1 and Form 1 – TP 6).

The Financial Proposal (Form 2 – FP 1 and FP2) shall be submitted in English separately by email only to the Bank Contact Person. Consultants are reminded of the requirement to ensure the confidentiality of the Financial Proposals.

A Technical Proposal that contains elements of a financial proposal shall be declared non-responsive.
A Financial proposal submitted together with the technical proposals via e Selection shall be declared non-responsive.

Bank Contact Person:
Viv Lewis-Headlam
European Bank for Reconstruction and Development
One Exchange Square
London EC2A 2JN

For the avoidance of doubt, technical proposals should be sent through eSelection and NOT to this email address. Financial proposals should be sent to this email address and NOT through eSelection.

Deadline to Submit Clarification Questions: Via e-mail to the Bank Contact Person by 3 October 2019.

Selection Method and Evaluation Criteria:

Technical Proposal Evaluation Criteria

Firm's previous project experience in similar assignments, experience in the Bank’s COOs will be considered an advantage (40%)
Quality of the methodology proposed for the Assignment (30%)
CVs of the Key Experts (30%)
The minimum technical score (St) required to pass is 70.

Opening of Financial Proposals

After the technical evaluation is completed, only the submissions which score 70 or above of the total marks available for the technical criteria will be eligible to have their financial proposals opened.

Combined Technical and Financial Evaluation

The lowest evaluated Financial Proposal (Fm) is given the maximum financial score (Sf) of 100. The formula for determining the financial scores (Sf) of all other Proposals is calculated as follows:

Sf = 100 x Fm/ F, in which “Sf” is the financial score, “Fm” is the lowest evaluated Financial Proposal, and “F” the price of the Proposal under consideration.

Proposals are then ranked according to their combined technical (St) and financial (Sf) scores using the weights (T = 80; F = 20) T + F = 100 as follows: S = St x T% + Sf x F%.

Important Notes:

1. The proposal validity period is 120 days from the deadline date for the receipt of submissions. During this period, the Consultant shall maintain its original Proposal without any change, including the availability of the Experts, the proposed rates and the total price.

2. The selection will be made from the Proposals received in response to this notification only, on the basis of the submission requirements and selection criteria set out in this Procurement Notice. The highest-ranked Consultant will be selected and invited to negotiate the contract, subject to availability of funding.

3. Any updates of and clarifications on this procurement notice shall be announced as updates on this notice, without any other notification. In the event of changes consultants will need to download the updated versions. Consultants are required to periodically check the notice for updates. Failure to take the updates into account while preparing the Proposal may result in disqualification or penalties to the scores in the evaluation