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Batteries FCAS revenues $290,000/MW more lucrative

Batteries FCAS revenues $290,000/MW more lucrative in SA than in Victoria: The Frequency Control Ancillary Services (FCAS) markets are (mostly) created equal, with volumes procured across the National Energy Market (NEM) and prices settling at similar levels across each state most of the time. However, prices can deviate due to contingency events (interconnector failing or…
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RAW Charging installs EV stations with GWR

RAW Charging installs EV stations with GWR: RAW Charging has announced this week installation has been completed of 26 smart charging points at the new Worcestershire Parkway Railway Station. Worcestershire County Council opened Worcestershire Parkway station in Norton, UK, to increase connectivity to London, the Midlands and South Wales. Part of Great Western Railway’s (GWR)…
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Social Energy wins first ever domestic FFR contract

Social Energy wins first ever domestic FFR contract: Social Energy has won the first ever fully domestic contract with National Grid Electricity System Operator (ESO) to supply week-ahead Firm Frequency Response (FFR), following the results of a recent trial weekly auction.  The green energy supplier will use 80 per cent of its fleet of battery-powered customers…
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New competition for upcoming Capacity Market auctions

New competition for upcoming Capacity Market auctions: Research from Cornwall Insight’s Capacity Market Forecast highlights that the recent changes in Capacity Market (CM) rules and the technology mix will see greater competition and change in the technology entering* the T-4 auction in March 2021 compared to the previous T-4 auction.   Forecasted changes to the…
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RAW Charging inks deal with Greene King

RAW Charging inks deal with Greene King to roll out ChargePoint EV charging solutions across its pub estate: London, 24th August 2020 | RAW Charging have selected ChargePoint, the world’s largest EV charging network, for their recently announced partnership with Greene King, the UK’s leading pub retailer and brewer to deploy electric vehicle (EV) charging…
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EV sales during lockdown give us a glimpse into the future

Electric vehicle(EV) sales during lockdown give us a glimpse into the future: Further research by Cornwall Insight into data published by the Society of Motor Manufacturers and Traders (SMMT) shows that despite a 97% drop in vehicle sales and difficult market conditions, there continues to be demand for Battery Electric Vehicles (BEVs).   In fact,…
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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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