Open menu

Industry Insights

How to use a framework to finance battery energy storage

Using a framework to procure battery energy storage can save time, money, and resources, discover your options with Connected Energy.

03/07/2024

Battery energy storage is a sizeable investment but one that allows an organisation to revitalise the way their property/land uses energy.

The cost and timescale of these projects tend to mean that funding is necessary, or you need to rely on creating a tendering process or opting for a framework solution for your purchase.

Connected Energy sits on several frameworks and Dynamic Purchasing Systems, designed to save you time and money without running your own timely and costly tender process.

Frameworks

A framework is usually divided into ‘lots’ by the product or service offered, and sometimes by region. Frameworks help buyers to procure goods and services from a list of pre-approved suppliers, with agreed terms and conditions and legal protections.

Connected Energy continually reviews the frameworks it sits on to support those in a variety of sectors and geographic locations to make use of an easier and less-costly purchasing process than a tender application.

The frameworks on which Connected Energy currently sit are:

LASER – Electricity Flex 2020 – 2024

LASER, Kent County Council’s energy group, set up The Flex Electricity framework after conducting research into customers’ needs and challenges when it comes to procuring electricity.
In addition, there are also opportunities to take advantage of a range of services relating to energy usage, storage, saving and other innovative industry solutions to help manage your energy category and reduce costs.

LASER provides a compliant route, in line with Procurement Regulations 2015, to arranging procurement and supply, working with all the stakeholders to deliver the best value contracts. All of these contracts now consider social value and LASER, along with all suppliers on their frameworks, are keen to see this develop over the coming years.
Connected Energy are able to supply our battery energy storage systems to any public sector organisation across the country who wishes to procure through this framework.

Dynamic Purchasing Systems

A Dynamic Purchasing System (DPS) is another type of commercial agreement that offers a range of services and products and works in a similar way to a framework. The difference is that suppliers can join at any time during the agreement’s life. All public sector and non-profit organisations can buy through a DPS, as well as some private sector companies depending on the individual DPS.

The Dynamic Purchasing Systems on which Connected Energy currently sit are:

Zero Carbon – Consult, Design and Install - Dynamic Purchasing System DPS

Split into four lots, the CDI DPS framework allows for scope across:

  • Site survey and modelling
  • Energy/sustainability management consultancy
  • Technological solutions consultancy
  • Technological solutions delivery

The Net Zero framework is fully compliant with the Public Contracts Regulations 2015 and offers the security of continuous supplier vetting and monitoring to ensure that Connected Energy and all other suppliers deliver lasting value for your organisation. You also get access to additional tools, resources and support via LASER.

Fife Housing Group - Capital Works Dynamic Purchasing System (DPS)

Connected Energy sits on Lot 1 of Fife Housing Group’s Capital Works DPS  which allows us to supply/install/replace battery storage systems as part of projects that encompass other Capital Works for member organisations, such as the installation of heating systems, which may be in association with Solar PV and Solar Thermal Systems, EV Charging, and wind turbines, plus others.

Let's connect!

If you’d like to learn more about battery energy storage, our team would be happy to have a no-obligation chat about what’s involved, starting with our feasibility studies to assess your site’s needs and suitability.