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Divergence in value together with wind & solar shapes

Divergence in merchant value together with complementary wind and solar shapes creates new opportunities for hybrid projects: Research from Cornwall Insight Australia, examined the performance of wind and solar technologies against the time-of-day price shape and highlights a clear divergence in the merchant outlook for both technologies. This presents a real opportunity for collaborative and…
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Hydrogen focus could boost offshore wind deployment

Hydrogen focus could boost offshore wind deployment: National Grid’s Future Energy Scenarios (FES)*, published 27 July, showed hydrogen – for heating, transport and clean dispatchable thermal energy playing a pivotal role in three** out of the four of its net zero scenarios; Steady progression (SP), Consumer Transformation (CT), System Transformation (ST) and Leading the Way…
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Gas generation feels the squeeze from renewable tech

Gas generation feels the squeeze from renewable tech: Cornwall Insight Australia has examined the revenues in Victoria for coal replacement technologies and the impact the transition is having on the captured value for these technologies. Our research shows that gas power generation (GPG) revenues are being displaced by wind and solar. In Q120, solar revenue…
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Capacity of PV & battery storage to reach 32GW by 2030

Total capacity of small-scale PV and battery storage predicted to reach 32GW by 2030: Cornwall Insight Australia’s projections show that based on the current trajectory of small-scale PV systems and associated battery storage assets, the National Electricity Market (NEM) is already on the path to a very high Distributed Energy Resources (DER) scenario seen in…
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New Scrappage Scheme: What Lies Ahead?

New Scrappage Scheme: What Lies Ahead? New Scrappage Scheme: What Lies Ahead? As the UK government desperately seek ways to achieve their net zero carbon emissions by the year 2050, the automotive sector often finds itself on the receiving end of attention. Back in February, Prime Minister Boris Johnson announced plans to bring the ban…
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Number of PPA’s for renewable technologies increasing

Number of PPA’s for renewable technologies increasing: Research from Cornwall Insight’s ‘PPA market share report’ suggests that the number of flexible and renewable Power Purchase Agreements (PPA) being signed is on an upward trajectory, highlighted in the below graph.   Flexible assets PPA market Since August 2019 flexible assets have seen 530.6MW of optimisation agreements…
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Fleets set to unlock an electric vehicle revolution

Fleets set to unlock an electric vehicle revolution: UK fleets have the potential to accelerate an electric vehicle (EV) revolution, with a shift to zero tailgate emissions generating fuel cost savings of around 63% across a fleet and significantly boosting the second-hand car market according to a new report from Cornwall Insight and PwC –…
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Renewable energy transition in New South Wales

Renewable energy transition in New South Wales needs to gather pace significantly: Research from Cornwall Insight Australia highlights that the energy transition in New South Wales (NSW) over the next decade will need to gather pace significantly.   The below graph shows that renewables have contributed an average of ~10% of total generation in NSW…
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£320K battery project for Portsmouth Port

£320K battery project for Portsmouth Port: £320k of funding has been received by a consortium including Portsmouth International Port to install a mega-battery in a bid to increase the use of renewable energy. The 20-foot container-sized battery will be powerful enough to charge four mid-range electric vehicles (EVs) simultaneously, said the port authority. The mega-…
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Networks and Ofgem need to tread a delicate balance

Networks and Ofgem need to tread a delicate balance Regional flexibility | network companies and Ofgem need to tread a delicate balance The third in the series of research papers from Cornwall Insight in partnership with Complete Strategy and Shakespeare Martineau has been released. Future Networks – RIIO2-ED2 investigates the interaction of regional flexibility markets…
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