Announcement

  • Announcement

    Latest FCAS price curves Q1 2024

    Cornwall Insight Australia released the latest Frequency Control Ancillary Service (FCAS) price curves for Q1 2024. The new Very Fast FCAS markets have 3 more months in the books, and as they settle into a reasonably stable quarter, clearer trends have emerged. This release, we re-calibrate our FCAS market curve...

  • Announcement

    Offshore wind now appears in latest ISP

    The ISP also forecasts that greater flexible gas generation is needed From Cornwall Insight Australia's Energy Market Alerts service Offshore wind officially appears in the draft 2024 ISP due to state-based offshore wind targets. Figure 1 below from our latest Energy Market Alert, shows the variance in forecast generation between...

  • Announcement

    New South Wales REZ outlook

    From Cornwall Insight Australia's Energy Market Perspective Our quarterly Energy Market Perspective contains an analysis of indicative capacity at REZ zones throughout the NEM.  The following assessment for NSW is from our latest edition. Request Energy Market Perspective call back The strategic development of Renewable Energy Zones (REZs) in New...

  • Announcement

    Capacity Investment Scheme boosted from 6GW to 32GW

    From Cornwall Insight Australia's Energy Market Alerts service Last Friday, the Commonwealth announced a major boost to the Capacity Investment Scheme, with the scheme now expected to deliver 32GW (combination of 9GW firming capacity and 23GW renewable generation) – up from 6GW. Cornwall Insight Australia has released an Energy Market...

  • Announcement

    What are Australia’s emissions reduction targets?

    From Cornwall Insight Australia's Energy Market Alerts service Energy laws have now been amended to incorporate an emissions reduction objective alongside the other objectives. The list of targets that the market bodies will need to consider is listed in a separately published Targets Statement. The targets currently listed cover both...

  • Announcement

    Energy prices tumble in October

    From Cornwall Insight Australia’s NEM Market Analysis report With over 700 GWh of rooftop PV added to the NEM since October last year, records were again set in NEM minimum demands along with a high instantaneous renewable penetration within the grid of 71.4%. Once again, the month’s main story was...

  • Announcement

    Emissions intensity drops for October 2023

    From Cornwall Insight Australia’s NEM Market Analysis report This October saw a 12.6% reduction in total emissions (accounting for -1.18 Mt CO2-e reduction) as solar and wind generation has increased significantly. The reduction in emissions may continue with the arrival of Fly Creek and Rye Park wind farms expected soon...

  • Announcement

    Latest Marginal Loss Factor (MLF) forecasts

    Cornwall Insight Australia recently launched our Marginal loss factor (MLF) curve subscription insight service. The MLF curve provides future projections of MLF throughout the NEM, allowing clients to be better informed of likely MLF trajectories for both current projects and be able to benchmark MLFs for projects under development. The...

  • Announcement

    2022/23 Australian energy insights report

    Analytics on key current developments in the Australian energy industry Cornwall Insight Australia has released its latest compilation of Australian energy insights, charts, and analyses. The report includes the topics of energy storage and flexibility, generation (all technologies), power prices, low carbon generation, FCAS, policy and regulation, electric vehicles, and...

  • Announcement

    International Women’s Day 2023

    Cornwall Insight takes pride in the invaluable contributions made by women within the energy industry. We recognise the significant impact that women have both inside and outside of our company, as they play a vital role in the work that we do. At Cornwall Insight, we understand that promoting diversity...

  • Announcement

    Cornwall Insight named one of the FT’s Leading Management Consultants

    We are delighted to announce that Cornwall Insight has been named one of the Financial Times’ leading management consultants in energy, utilities & environment. Following two Statista surveys which reviewed feedback from our clients and our peers in Consulting, we achieved a bronze award recognising the strong relationships we have...

  • Announcement

    2021/22 Australian energy insights report

    Analytics on key current developments in the Australian energy industry are available Cornwall Insight Australia has released a compilation of Australian energy insights, charts, and analyses. The report includes the topics of energy storage and flexibility, generation (all technologies), power prices, low carbon generation, FCAS, policy and regulation, and transmission...

  • Announcement

    The Energy Security Bill explained – from the Queen’s Speech

    On Wednesday 11 May, the Queen's Speech was delivered which announced that an Energy Security Bill will be introduced at some point over the next parliamentary session. What is the Energy Security Bill and what does the Government state the benefits will be? https://www.youtube.com/watch?v=vLfmkM0mAqc What are the main elements of...

  • Announcement

    Our GB 2021 Consultancy highlights

    We are independent advisors operating across the energy value chain. Our team of passionate energy experts has supported over 120 customers in 2021. This includes generators, developers, investors, network companies and public bodies.Here is a small selection of our work in 2021: Cornwall Insight’s consultancy team provides high-quality insight across...

  • Announcement

    Cornwall Insight wins Employer of the Year and Business of the Year at the 2021 Norfolk Business Awards

    Last night businesses from across Norfolk gathered together to hear the 2021 Norfolk Business Awards winners. Cornwall Insight was proud to be nominated for two categories, Employer of the Year and SME of the Year. Our team waited anxiously on the night to hear the results, and we are delighted...

  • Announcement

    It’s time to choose the Australian Chart of the week of the year!

    Each week, the Cornwall Insight Australia team of experts provide complimentary insight on the Australian energy sector through our 'Chart of the week' publication. Four Chart of the week finalists have been selected and we need your help to vote for the Australian Chart of the year winner. By voting...

  • Announcement

    FCAS price curves extended to meeting increasing battery asset technical life

    Research from Cornwall Insight Australia shows that the pipeline of proposed storage projects is growing substantially to over 26GW of announced projects in the market and that the expected technical lifetime of those assets is increasing. As a result, Cornwall Insight Australia has announced an increase in its Frequency Control...

  • Announcement

    Cornwall Insight Australia’s Alba Ruiz Leon features in KPMG 30 Voices on 2030

    Alba Ruiz Leon, Managing Director of Cornwall Insight Australia, an award-winning international firm delivering comprehensive insight that enables businesses, markets, and policymakers to succeed in the net zero transition, features in KPMG’s 30 Voices on 2030 – The Future of Energy report. Cornwall Insight is a pre-eminent provider of energy...

  • Announcement

    Record high energy prices causing concern

    Each week this summer, Sam Peek and colleagues in Cornwall Insight’s Assets and Infrastructure team have tracked the seemingly inexorable rise of wholesale price in the Energy Market Bulletin. The latest issue covers the all-time high spot power and gas prices with day-ahead prices up 10-fold (ten as they write...

  • Announcement

    ESB and Cornwall Insight Australia provide final advice to energy ministers

    Last week, the Energy Security Board (ESB) released its recommendations for the redesign of the National Electricity Market (NEM). Cornwall Insight Australia (CIA) was engaged by the ESB to assess the potential benefit of the proposed essential system service reform package for system strength provision. The report detailed that these...

  • Announcement

    Daily Bulletin, I love you 4,000

    We have just passed a notable landmark with our 4,000th issue of the Daily Bulletin being published today. Things started with the first Daily Bulletin on 13 September 2005 – the main news on that day was E.ON UK applying for planning to build a CCGT at Drakelow. It never progressed beyond planning, but the second story, negative reaction to tariff...

  • Announcement

    Energy market and net zero transition learning and development: Role-relevant career development training

    We’re well over halfway through the calendar year and are now beginning to see more of the government’s thinking and policy-shaping around what needs to change to meet the 2050 net zero target. For example, the flurry of documents issued towards the end of 2020, including the Energy White Paper...

  • Announcement

    Women in the energy sector: Enabling progress at Cornwall Insight

    Today, the campaigning group POWERful Women* (PfW) will launch its 2021 statistics on gender diversity at the top of the UK energy sector (register here).  Like many of you, I will watch with interest to see how the picture has evolved: last year it reported 13% of executive board directors in...

  • Announcement

    Your invite to our wholesale Summer Outlook 2021 webinar

    We are delighted to invite you to our wholesale Summer Outlook webinar. On 12 May, Cornwall Insight will be hosting an open webinar covering our independent views, analysis and outlook of the upcoming summer 2021 period. As part of this session, we will explore a range of both historic and...

  • Announcement

    Cornwall Insight supporting families through Leeway

    In April 2020, the Cornwall Insight team voted for our new charity of the year. We chose ‘Leeway Domestic Violence and Abuse Services, a charity local to our head office in Norwich. In summary, Leeway has the following: A domestic abuse helpline for free, confidential and non-judgmental adviceOne-to-one support and...

  • Announcement

    Alert: Budget 2021

    Chancellor Rishi Sunak delivered his Budget on 3 March, a year on from the start of the COVID-19 crisis and his second in the job. Headline announcements included, among others, a sovereign green bond, the UK Infrastructure Bank, a freeze in Carbon Price Support and £20mn for floating offshore wind....

  • Announcement

    Introducing Energy Spectrum Europe

    Cornwall Insight is pleased to announce the launch of Energy Spectrum Europe. This new addition to the Energy Spectrum stable will provide the authoritative, independent insight and analysis of energy markets for which its peers covering Great Britain, Ireland and Australia are rightly renowned. Every month Energy Spectrum Europe will...

  • Announcement

    What’s changed? Celebrating 750 issues of Energy spectrum

    Today marks 750 editions of Energy Spectrum, our flagship publication which covers news and insight on the energy market. To celebrate, we present six Energy Perspectives from past publications, going as far back as 2005, which we believe still have relevance today.  Issue 4 – ‘Smart metering’ - Energy policy’s missing...

  • Announcement

    GB consultancy: Our 2020 highlights

    We are independent commercial advisors to over 300 energy companies from generators, project developers, energy suppliers, network companies, investors, government departments and professional firms. Our team has over 40 years of energy market experience and works across the whole energy chain. Here is a small selection of our work in...

  • Announcement

    Cornwall Insight tops Financial Times’s management consultancy rankings for the third year

    We are delighted to announce that we have won a bronze award in the Financial Times UK’s Leading Management Consultants for the Energy, Utilities and Environment sector for the third year running. The accolade was based on research by Statista, who conducted two separate surveys, a peer-review and feedback from...