Commercial and market outlook

  • Commercial and market outlook

    What to look out for in 2024

    Cornwall Insight experts provide their predictions for the year ahead in this handy infographic. We have collated some predictions from across our knowledge base to provide a quick snapshot of what to look out for in the GB energy market in 2024. The key highlights include the global discussion on...

  • Announcement

    Very Fast FCAS markets in the NEM

    Cornwall Insight Australia released the latest Frequency Control Ancillary Service (FCAS) price curves for Q4 2023. The two new Very Fast FCAS markets have begun, and with this report, Cornwall Insight Australia explores how they’re evolving and what the future outlook of these markets holds. Detailing a full 20-year interval...

  • Commercial and market outlook

    Latest Benchmark power curve insight

    Cornwall Insight Australia has released our latest NEM Benchmark power curve (NEM BPC) for Q4 2023 to our subscribers. Our latest edition includes Marinus Link, ESSO constraints and other updates. We have released a free excerpt, which you can access below.The Federal Government has announced a partnership with the Marinus Link...

  • 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 FCAS Q3 price forecast released

    Cornwall Insight Australia released the latest Frequency Control Ancillary Service (FCAS) price curves for Q3 2023 on 21 September 2023. Available to download is an excerpt reporting the headlining power price trends from the FCAS insight service. NEM FCAS markets in Q1 and Q2 of 2023 saw lower overall costs,...

  • Commercial and market outlook

    NEM power price trends | Q3 2023

    Cornwall Insight Australia has released our latest NEM Benchmark power curve (BPC) for Q3 2023 to our insight service subscribers. We have released a free excerpt, which you can access below. The future of the energy transition requires substantial new generation, which means increasing the size of the skilled workforce, speeding...

  • Announcement

    FCAS Q2 price forecast released

    Cornwall Insight Australia released the latest Frequency Control Ancillary Service (FCAS) price curves for Q2 2023 on 18 July 2023. Available to download is an excerpt reporting the headlining power price trends from the FCAS insight service. We hope this information is of value-add to you and your business. If...

  • 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...

  • Commercial and market outlook

    NEM power price trends – Part II

    In a follow-up to the latest release of Cornwall Insight Australia's NEM Benchmark power curve (BPC) for Q2 2023 to our insight service subscribers, part II is now available of the BPC free excerpt, which you can access below.Highlights Discordant Delivery scenario - Our new high scenario which models a transition...

  • Commercial and market outlook

    NEM power price trends – Part I

    Cornwall Insight Australia has released our latest NEM Benchmark power curve (BPC) for Q2 2023 to our insight service subscribers. We have released a free excerpt, which you can access below.Highlights Victorian offshore wind target Queensland pumped hydro Cornwall Insight Australia has changed the basis for our high case to reflect a...

  • Announcement

    Latest FCAS price forecast released

    Cornwall Insight Australia released the latest Frequency Control Ancillary Service (FCAS) price curves for Q1 2023, published on 8 May 2023. Available to download is an excerpt reporting the headlining power price trends from the FCAS insight service. We hope this information is of value-add to you and your business....

  • Commercial and market outlook

    NEM power price trends

    This report excerpt provides captured power price trends using outputs from Cornwall Insight Australia’s latest NEM Benchmark Power Curve (BPC), published on 14 April 2023, with additional commentary on the headlines and trends from the quarterly update. We hope this information is of value-add to you and your business. Please...

  • Announcement

    FCAS power price trends

    This report provides power price trends using outputs from Cornwall Insight Australia’s latest Frequency Control Ancillary Service (FCAS) price curves, published on 28 February 2023. We hope this information is of value-add to you and your business. Cornwall Insight Australia's next FCAS price curve is due out next month. If...

  • Commercial and market outlook

    NEM power price trends

    This report provides captured power price trends for the Queensland energy market (neutral case in line with AEMO's ISP Progressive Change scenario) from 2022 up to 2041 using outputs from Cornwall Insight Australia’s latest NEM Benchmark Power Curve (BPC), published on 18 December 2022. With additional commentary on the key...

  • Commercial and market outlook

    Winter 2023-24 price cap forecasts fall further below 2022-23 EPG, but long-term prospects remain uncertain

    The predictions for the Default Tariff Cap in this piece are out of date, please click here to find our latest forecasts and commentary on the cap. Our latest forecasts for the Default Tariff Cap (price cap) have shown energy bill predictions for a typical household1 have fallen to £3,208...

  • Commercial and market outlook

    Tales of the unexpected: what’s happening with gas prices

    The gas sell-off for contracts relating to this winter/spring & coming summer has continued in the last few days. On January 16th alone, contracts closed down c15%-17% on gas contracts for this spring and through into summer. This is despite some analysts predicting that gapping-up would occur on the promise...

  • Commercial and market outlook

    Delays to onshore wind investment increase long-term power prices in Ireland

    Note: Cornwall Insight Ireland release the 'All-Island Power Market Outlook 2023' on a quarterly basis. The increase in long-term power prices refers to the comparison with our Q3 Power Market Outlook released in October 2022. Data from our fourth - ‘All-Island Power Market Outlook to 2030’ – has forecast that...

  • Commercial and market outlook

    Australian Power Price Trends to 2041

    This report provides captured power price trends for the Queensland energy market (neutral case in line with AEMO's ISP Progressive Change scenario) from 2022 up to 2041 using outputs from Cornwall Insight Australia’s latest NEM Benchmark Power Curve (BPC), published on 26 October 2022. We hope this information is of...

  • Commercial and market outlook

    October Energy Executive Summary updates on Vic SEC proposal and Qld Job and Energy Plan

    Cornwall Insight Australia's ‘Energy executive summary’ provides a high-level assessment of key energy market announcements from the last month. Our experts break down each development that you and your business should be aware of so you can respond to changes in the perpetually evolving energy sector. Each summary provides you...

  • Announcement

    Australian FCAS power price trends

    This report provides power price trends for the technology enablement as a percentage of total market share, using outputs from Cornwall Insight Australia’s latest Frequency Control Ancillary Service (FCAS) price curves, published on 30 August 2022. We hope this information is of value-add to you and your business. Please don't...

  • Commercial and market outlook

    Energy Market Alerts provide latest updates in a complex market

    Cornwall Insight Australia summarises all the essential facts in our Energy Market Alerts, designed to keep you up to date with all the latest developments in the market. The energy market is changing so fast that our Alerts will ensure you have the facts to hand when you need them....

  • Commercial and market outlook

    An overview of the Review of Electricity Market Arrangements (REMA) consultation

    Following the commitment set out in its Energy Security Strategy, the government has published a consultation on the Review of Electricity Market Arrangements (REMA). This aims to ensure that the electricity market design is fit for the purpose of maintaining energy security and affordability for consumers as the electricity sector...

  • Commercial and market outlook

    Capacity, reform, and unlawful strategies: 5 things that happened yesterday

    Capacity, reform, and unlawful strategies: yesterday was a busy day for energy geekery. The developments encapsulate the shorter and longer term challenges and uncertainties present in the energy market presently: Read the full article here

  • Commercial and market outlook

    Two thirds of energy industry professionals think the market needs to be drastically reformed

    A survey conducted of over one hundred leading energy market professionals from across the investment and advisory community, by Cornwall Insight, from the attendees of its Financing Net Zero forum, has shown nearly two thirds (63%) of people working in the energy industry1 believe the UK market needs to be...

  • Commercial and market outlook

    Reaction to BEIS consultation on the Review of Electricity Market Arrangements

    Confirming the Review of Electricity Market Arrangements (REMA) opens the prospect of a complete overhaul of the electricity market in Great Britain for the first time in over 20 years. The scope is very wide and the perceived need for reform clear from BEIS in the consultation document, with much...

  • 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...

  • Commercial and market outlook

    ACER publishes Final Assessment of EU Electricity Market Design

    Following the publication of its Preliminary Assessment in November 2021, on 29 April the EU Agency for the Cooperation of Energy Regulators (ACER) published its Final Assessment of the EU Wholesale Electricity Market Design. The report provides an in-depth analysis of energy prices and drivers, current wholesale electricity market design,...

  • 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...