Cornwall Insight

  1. Home
  2. Cornwall Insight

Competition for flexible asset PPA deals on the rise

Competition for flexible asset PPA deals on the rise: The capacity of non-traditional flexible generation technologies is increasing substantially in GB, and in parallel, the market for trading and optimising such assets continues to develop. Cornwall Insight’s latest research shows there is ~10.8GW* of operational flexible capacity across front-of-the-meter gas and diesel engines, battery storage,…
Read More

This winter could see 1.3GW of new wind come online

This winter could see 1.3GW of new wind come online: Forecasts using Cornwall Insight’s Renewables pipeline tracker report shows that a total of 1.3GW of new wind capacity could come online this winter. This is ~5% rise in total capacity, which could reach 25.4GW. The below graph highlights the forecast growth of wind capacity to…
Read More

Could COVID-19 positively impact future EV sales?

Could COVID-19 positively impact future EV sales?: Research into the Society of Motor Manufacturers & Traders (SMMT) vehicle registration data by Cornwall Insight shows Battery Electric Vehicles (BEVs) in 2020 have already grown 76.1% on the whole of 2019.   SMMT recorded the lowest September car sales this century at 328,041 vehicles, down 4.4% on…
Read More

Shake-up in energy suppliers domestic market share

Shake-up in energy suppliers domestic market share: Research from Cornwall Insight’s Domestic market share survey for the third quarter of 2020 reveals a shake-up of the energy retail landscape, following a spate of mergers and acquisitions. The impact of these acquisitions is shown in the below graph.   Findings from the Domestic market share survey:…
Read More

Generation is changing, does the power market need to?

Generation is changing, does the power market need to? The decarbonisation of the power sector is accelerating through the rapid expansion of low marginal cost renewable generation. As a result, the current electricity market design and the marginal price-based determination of the price of power risk acting as an ever-growing barrier to investment needed to…
Read More

The ROC market risks being oversupplied

The ROC (Renewables Obligation Certificate) market risks being oversupplied: Forecasts from Cornwall Insight highlight the Renewable Obligation Certificates (ROCs) supply and demand gap will be narrower in the 2020-21 compliance period than in previous years, due to lower overall electricity demand expectations. In fact, there is a material risk of ROCs being oversupplied should certain…
Read More

Heightened risk of suppliers failing to meet RO

Heightened risk of suppliers failing to meet RO: Latest forecasts from Cornwall Insight show a potential shortfall in the Renewable Obligation (RO) buy-out fund of approximately half of the £16.94mn mutualisation threshold. Supplier exits to date alone are not expected to trigger the mutualisation process. However, there is a heightened risk that some active suppliers…
Read More

Batteries see 149% increase in BM activity

Batteries see 149% increase in BM activity: Research from Cornwall Insight’s ‘Balancing Mechanism report’ highlights that there are significant changes in the technology type that has been providing balancing actions to the National Grid Electricity System Operator (ESO), with activity from newer asset types seeing the greatest year-on-year increase.   Accepted volumes in the Balancing…
Read More

Together Energy has acquired Bristol Energy’s customers

Cornwall Insight responds to confirmation that Together Energy has acquired Bristol Energy’s residential customers and brand: Commenting on the announcement that Bristol Energy’s customer base has been acquired by Together Energy, Ed Reed, Head of Training at Cornwall Insight, said:   “It is a turbulent time in the retail energy space at the moment, particularly…
Read More

Acquisitions set to change non-domestic energy market

Acquisitions set to change non-domestic energy market landscape: Research by Cornwall Insight into the non-domestic supply market share highlights a changing market share landscape due to recent acquisitions. When the E.ON UK and npower merger completes the rankings for larger suppliers in the electricity market will change significantly.   Figures from our ‘Business market share…
Read More
Menu