Chart of the week
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Energy storage and flexibility
R1 and L1 revving up the BESS revenues
In our ‘The VFF… Very Fast and Financially rewarding market so far’ Chart of the week, the two new contingency markets, the Very Fast raise contingency FCAS market and the Very Fast lower contingency FCAS, were analysed and demonstrated the high participation of big batteries along with VPPs and DERs….
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Low carbon generation
An investigation into REZ capacity factors during Victoria’s dark doldrums
As the grid transitions to much higher levels of renewable penetration, the range of generation outcomes on any given day increases. The worst of these ranges are known as dark doldrums when there is a combination of poor conditions for wind and solar generation, usually a windless day in winter….
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Commercial and market outlook
The VFF… Very Fast and Financially rewarding market so far
On 9 October 2023, 1pm (market time), we saw the start of two new contingency FCAS markets. The Very fast raise contingency FCAS market, and the Very fast lower contingency FCAS. Upon commencement of the VF FCAS market, a commissioning period of two weeks with an initial max requirement of…
Latest blogs
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Regulation and policy
Is your organisation ready for the Labour government?
The new government is wasting no time rolling out its ambitious plans for a net zero electricity system by 2030. In the last few days, we’ve seen announcements on Onshore Wind restrictions, the National Wealth Fund, and the launch of a Mission Control for clean energy. The proposals are expected…
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Announcement
Cornwall Insight refreshes its look for a net zero future
Cornwall Insight is updating its look continuing in our commitment to innovation, clarity, and excellence in the energy sector. As we support our customers in this ever-evolving energy landscape, the refreshed brand will make our offerings easier to understand, clearer to navigate, and more user-friendly, ensuring everybody gets the most…
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Commercial and market outlook
The Price of Power: How Elections Impact Wholesale Energy Costs
Introduction With the election looming and the parties battling it out for Number 10, we’re casting our eyes on what lies in store in the wholesale energy markets following the election period, even before the victory celebrations have ended and new policy can be implemented. While each of the parties…
Insight papers
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Home supply and services
Policy Costs in Domestic Energy Bills
Decarbonising residential heating will be pivotal to the UK’s energy transformation goals, as the shift from fossil fuels to electrically powered alternatives is essential for achieving net zero. This paper examines the impact of reallocating policy costs from domestic energy bills. Our latest paper, ‘Policy Costs in Domestic Energy Bills’…
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Energy storage and flexibility
Addressing the cost of electrification: A 2024 update on decarbonising heat for energy intensive sectors
Cornwall Insight and CPI are delighted to present an update to our 2022 paper on industrial electrification, ‘Addressing the cost of electrification’. Our latest paper, ‘Addressing the cost of electrification: A 2024 update on decarbonising heat for energy intensive sectors’, highlights the changing economic and policy environment, and suggests a…
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Energy storage and flexibility
Review of deployment of long duration energy storage in the electricity sector in Ireland
This report seeks to assess the potential for Long Duration Energy Storage technologies (LDES) in Ireland, focusing on barriers and opportunities for the sector. The report focuses on policy, regulatory and market based opportunities and challenges, as the first step in understanding the market landscape for the sector. Read the…
