Renewables PPA market see increased capacity amid more…
Low carbon generation
CfD Allocation Round 4: how much capacity might…
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Trusted expertise for the net-zero transition
Our research, consulting and training builds capacity for the delivery of net zero, creating common purpose with our customers, and a shared commitment to reshaping the energy world of tomorrow
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We have been recognised as one of the UK’s leading management consultancies in the energy, utilities and environment sector by the Financial Times for three years running.
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Home supply and services
The default tariff cap: More questions than answers?
Throughout the recent period of wholesale and supply market volatility, the government and Ofgem have remained committed to the default tariff cap and continued to highlight its benefits to customers in protecting them from rising energy prices this winter. However, Cornwall Insight’s forecast of the default tariff cap for Summer…
Low carbon generation
Surprising decision by the Secretary of State for BEIS regarding the Capacity Market auction
An interesting and surprising decision by the Secretary of State for BEIS regarding the Capacity Market auction parameters for the upcoming T-1 auction being held on 15 February. The procurement target has been lifted from 4.5GW (as set in the draft parameters in July 21) to 5.361GW. This is notably…
Home supply and services
Future calling today?
Focus on the immediate gas price crisis has been on wholesale prices for the short-term and the imminent price caps – but what if highly volatile markets are a feature in the future and not just the present? Cornwall Insight’s Benchmark Power Curve looks at investment and operational decisions over…
Regulation and policy
REC – The story so far
Version 2.0 of the Retail Energy Code (REC) went live on 1 September 2021. The latest version, which energy suppliers and providers of REC governed services must follow, builds on the initial transitional requirements of Version 1 by consolidating a number of existing market rules including the electricity and gas…
Energy storage and flexibility
Emerging utility business models
This article is from our latest Energy Spectrum and the January 2022 issue of EEnergy Informer, a newsletter edited by Fereidoon Sioshansi of Menlo Energy Economics and editor of Variable Generation, Flexible Demand. As numerous prior articles have pointed out, the traditional utility business model seems to be on its…
Home supply and services
Ticking Clock
With the political debate regarding energy prices and their impacts on the cost of living – not to mention the economy at large – the default tariff cap announcement for Summer 2022 from Ofgem at the start of next month is the most anticipated since the cap’s inception.
Business supply and services
Difficult choices: Will government help really manage the energy crisis?
Veronica Truman, Dr Craig Lowrey and Robert Buckley discuss the growing pressure for government intervention to limit the feared 50% rise in the Default Tariff Cap from 1 April. They review the options and the risks of unintended consequences as set out by Gareth Miller in Cornwall Insight’s weekly Energy…
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An article written, by Daniel Atozri, Research Partner at Cornwall Insight featured in Energy Monitor. In the article Daniel discusses how the high volatility of wholesale prices and turbulence in the energy supply market could discourage investors looking for stable returns and cashflows. He explained that there is a risk…
With wholesale prices rising yet again Anna Moss, Head of Consumer Markets explained what this would mean to suppliers already struggling. Explaining the current state of the supply market, Anna said the very high wholesale prices have caused significant distress even before winter begins. How suppliers fare is in the…
