British Utilities

Up to 1900MW of wind eligible for RESS-2

Up to 1900MW of wind eligible for RESS-2: Cornwall Insight’s ‘Route to RESS service’ has examined the potential capacity of wind and solar that could enter the Renewable Electricity Support Scheme (RESS-2) auction in Ireland, with the analysis showing that approximately 1900MW (1800GWh) of solar and 1600MW (4800GWh) of wind is eligible to bid for…

Does the number of EV tariffs match EV burgeoning sales?

27th July 2021

Heather Trudeau

BEVs, BMW, Cornwall Insight, Efficiency & Environment, EV tariff, EVs, kia, Market, Mercedes, nissan, PHEVs, SMMT, Tesla, Time of Use, volkswagen

Does the number of EV tariffs match EV burgeoning sales?: Figures from the Society of Motor Manufacturers and Traders Ltd (SMMT) showed that combined, Battery Electric vehicles (BEVs) and plug-in hybrids (PHEVs) accounted for 17.2% of new car sales in June, with BEVs accounting for more than one in 10 registrations. Despite the boom in…

Merchant onshore wind won’t result in mass capacity

Merchant onshore wind won’t result in mass capacity: Complete merchant onshore wind is not practical to most investors & will not result in mass capacity, as claimed by a report from Cornwall Insight. Merchant wind power is the point where electricity is created from turbines that have been set up on brownfield sites. The wind…

Renewable retail finance doubtful for mass capacity extras

20th July 2021

Heather Trudeau

Cornwall Insight, Efficiency & Environment, Finance & Markets, Great Britain, Ireland, mass capacity, onshore wind, Technology

Cornwall Insight, Efficiency & Environment, finance and markets, Great Britain, Ireland, mass capacity, onshore wind, Renewables, Technology

Renewable retail finance doubtful for mass capacity extras: Merchant finance for renewables projects is unlikely to lead to mass capacity additions to the generation fleet, according to the latest insight paper from Cornwall Insight – Merchant renewables still face challenges. To gauge the market’s temperature, Cornwall Insight surveyed 258 individuals across the industry on what…

900k domestic customers affected by SoLR last 2 years

900k domestic customers affected by SoLR last 2 years: Analysis by Cornwall Insight shows that 1.7% of customers in the retail energy market have been with suppliers subject to the Supplier of Last Resort mechanism (SoLR) process. Between 2020 and 2019, 887,000 domestic customers were supplied by a company that exited the market via SoLR,…

Network & policy reforms affect private wire arrangements

Network & policy reforms affect private wire arrangements: In recent years, many businesses have been able to save money by consuming power generated from their own sites. Many of these savings have arisen because some network and policy costs are avoided in comparison to purchasing electricity off the grid. As a result, these private wire…

SME power prices reach record highs

1st July 2021

Heather Trudeau

Beast from the East, Cornwall Insight, Efficiency & Environment, energy market, energy suppliers, gas and power, SMEs, wholesale energy

SME power prices reach record highs: Small and Medium Enterprises (SME) power prices have continued to rise in Q221, reaching the highest level since our records began in Q212, according to the latest research from Cornwall Insight’s Pricing in the SME power market report. Over the past quarter, prices have increased by 5.82% to average…

Renewables Gas Guarantees of Origins certificate price fall

Renewables Gas Guarantees of Origins certificate price fall: Results from Cornwall Insight‘s latest Green Certificates Survey indicate the price of Renewables Gas Guarantees of Origin (RGGO) certificates continues to fall. Relative to the March 2020 survey, the average reported RGGO price has fallen 30% to ~£6/MWh for 2019 vintage RGGOs and dropped 15% to ~£7/MWh…

48.9GW of new renewables projects in the scoping stages

48.9GW of new renewables projects in the scoping stages: Renewables projects labelled as “scoping” currently represents 50% or 48.9GW of the total viable pipeline capacity*, according to the latest analysis from Cornwall Insight. Of this 48.9GW “scoping” total, 38.6GW is from offshore wind, 5.0GW from battery projects, 3.0GW from onshore wind and 1.5GW from solar…

Market for new-build renewables doubtful to meet net zero

Market for new-build renewables doubtful to meet net zero: The current market and options available for new-build renewables are inadequate to keep the UK on track to its net zero target. According to National Grid Future Energy Scenario (FES), the UK needs approximately 87-113GW (scenario dependent) of renewables capacity by 2030 and 197-231GW by 2050.…

Cornwall Insight

Up to 1900MW of wind eligible for RESS-2

Does the number of EV tariffs match EV burgeoning sales?

Merchant onshore wind won’t result in mass capacity

Renewable retail finance doubtful for mass capacity extras

900k domestic customers affected by SoLR last 2 years

Network & policy reforms affect private wire arrangements

SME power prices reach record highs

Renewables Gas Guarantees of Origins certificate price fall

48.9GW of new renewables projects in the scoping stages

Market for new-build renewables doubtful to meet net zero

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