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Offshore wind spurs generation placed under CfD scheme

Offshore wind spurs generation placed under CfD scheme: Research from Cornwall Insight shows that the role of Contracts for Difference (CfD) generators in the electricity market continues to expand, and Allocation Round 4 (AR4) to be held later in 2021 will only expand this role further. Key findings 2GW of installed capacity supported by the…
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Business market share

Business gas & electricity market share changed

Business gas & electricity market share changed: The non-domestic gas and electricity market has fundamentally changed according to Cornwall Insight’s Business Gas and Electricity Market share Survey for Q420. According to the report the number of gas suppliers peaked in April 2019 at 77 suppliers and the collective market share by meters held by non-large…
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Ireland will need to more than double its renewables

Ireland will need to more than double its renewables capacity over the next 25 years to meet 2050 targets: Findings from Cornwall Insight’s ‘All-Island forward curve’ – a comprehensive market and asset-level power price modelling service – shows that Ireland will need to more than double its renewable capacity over the next 25 years if…
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thyssenkrupp and E.ON to pool hydrogen

thyssenkrupp and E.ON to pool hydrogen: German industrial engineering and steel production conglomerate thyssenkrupp and Energy supplier E.ON are pooling the 600MW collective output of 150 electrolysis plants in Germany and the UK which will make hydrogen available to the wholesale power market. E.ON’s virtual power plant can link the plants to the electricity market…
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