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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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Feed-in Tariff costs set to rise to an all-time high

Feed-in Tariff costs set to rise to an all-time high: Research from Cornwall Insight shows that Feed-in Tariff (FiT) costs for the upcoming quarterly levelisation* could reach an all-time high, covering the period April – June 2020.   The combination of extremes in sunshine hours and low energy demand resulting from the COVID-19 lockdown has…
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Renewable generator revenues fall due to lockdown

Renewable generator revenues fall due to COVID-19 lockdown: Research from Cornwall Insight’s Green Power Forecast reveals there has been a sharp decline in generator revenues. Solar and wind technologies have been particularly impacted by low demand levels due to the COVID-19 lockdown.   Solar PV captured prices were, on average, 8.4% and 14.9% below baseload…
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Over 10GW of renewables projects in the next CfD round

Over 10GW of renewables projects could be competing in the next CfD round: The government announced the reinstatement of ‘Pot 1’ technologies – which includes onshore wind and solar PV – in the next Contracts for Difference (CfD) Allocation Round 4 (AR4) in 2021. Research from Cornwall Insight’s Renewable Pipeline tracker highlights how competitive the…
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Evaluating Italy’s latest renewables subsidy auction

Evaluating Italy’s latest renewables subsidy auction: Gestore dei Servizi Energetici (GSE) – the country’s energy agency, announced results of the first auction under the new Italian renewables subsidy on 28 January. The format of the auction provides top-up premia for generators, with developers bidding reductions of between 2% to 70% against a reference price of…
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Number of sub-800MW demand periods double and sub-700MW quadruples in just a year

Number of sub-800MW demand periods double and sub-700MW quadruples in just a year: On the 6 February, AEMO issued market notice 73857 in response to the enduring islanding of the SA network. The notice informed the market that when South Australian (SA) demand falls under 800MW several generators, including more than 500MW of wind and…
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