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10 medium suppliers hold almost 25% of domestic market

10 medium suppliers hold almost 25% of domestic market: There has been strong growth by the medium suppliers in the second quarter, according to Cornwall Insight’s ‘Domestic market share survey’. This supplier type has added over half a million energy accounts and changed the make-up of the domestic energy suppliers.   In fact, research from…
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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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Smart meter rollout significantly dented by lockdown

Smart meter rollout significantly dented by COVID-19 lockdown: Unsurprisingly, the COVID-19 pandemic has made the progress of the smart meter rollout uncertain. Research from Cornwall Insight looks at BEIS and Ofgem’s initial indications of future rollout levels compared to pre-pandemic expectations.   The below graph shows two COVID-19 impacted rollout profiles, based on recent assessments…
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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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Irish energy demand increase as lockdown is lifted

Irish energy demand increase as lockdown is lifted: Research from Cornwall Insight Ireland highlights that as the COVID-19 restrictions are lifted across Ireland, energy demand in the Single Electricity Market (SEM) has increased. Weekday demand has risen by 3% (3GWh) on average, with current weekday demand levels averaging 94GWh since the lockdown restrictions started to…
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Cornwall Insight on the increase in BSUoS charges

Cornwall Insight comments on the increase in BSUoS charges: The effects of the fall in energy demand due to the COVID-19 lockdown accompanied with a high penetration of renewables on the transmission system has seen the activity on the Balancing Mechanism (BM) increase.   This increase in accepted volume on the BM is reflected in…
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Energy demand increases as lockdown restrictions lifted

Energy demand increases as lockdown restrictions lifted: The COVID-19 lockdown had a significant impact on Great Britain’s (GB) electricity demand, causing it to drop by almost 15-20% compared to the previous year. However, analysis by Cornwall Insight shows that as GB has slowly started to ease out of lockdown and some sectors start to reopen,…
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