Lee
Drummee

Analyst

Phone: +44 (0) 1603 542148
Email: l.drumee@cornwall-insight.com

Lee focuses on subsidy schemes such as the Contracts for Difference (CfD) and Capacity Market, as the author of the CfD Supplier Obligation Forecast and co-author of the Capacity Market Forecast. He is also involved in Cornwall Insight’s coverage of the renewable market as author of the Renewable PPA Market Share report.

Lee joined Cornwall Insight in October 2016, having previously worked at Aviva in a variety of roles relating to both personal and commercial insurance, statistical analysis and customer relationships.

Lee Drummee

Latest thinking

Regulation and policy

Capacity Market: Rule changes for upcoming auctions

The latest round of Capacity Market auctions is underway following the publication of the auction parameters on 18 July, with the prequalification window subsequently opening on 26 July. In this blog, we explore some of the changes made to the rules and regulations of the scheme ahead of this year’s...

Energy storage and flexibility

Investor optimism sparks PPA competition

In recent months, Cornwall Insight has issued several of our regular subscription reports from our PPA Insights Service covering both renewable and flexibility Power Purchase Agreement (PPA) markets, namely the Green Power Forecast, Renewable PPA Market Share and Flexible PPA Market reports. As part of these reports, we conduct surveys...

Low carbon generation

The Balancing Mechanism and BSUoS under lockdown

The COVID-19 pandemic and subsequent lockdown restrictions have severely impacted the GB energy market with demand and prices at record lows. As market conditions have drastically changed, National Grid Electricity System Operator (NG ESO) has been much in the spotlight, with the current low demand scenario providing new operational challenges....

Low carbon generation

Guess who’s back? The Capacity Market and what happens next

On 24 October, the European Commission (EC) announced its decision to approve the GB Capacity Market (CM) after an investigation which lasted several months. While this is a positive outcome for holders of capacity agreements, the ~£1bn ‘back-payment’ bill comes at a difficult time for suppliers, who are facing up...

Low carbon generation

Contracts for Difference: Exemptions implemented and consultation launched

On 16 January 2018, Cornwall Insight issued its latest Contracts for Difference (CfD) Supplier Obligation (SO) report, forecasting the cost of the Total Supplier Obligation (TSO) for each delivery year until 2021-22. There are two major changes to the scheme recently announced that are now factored into our forecasting. First,...