Net zero corporates and ESG

  • Net zero corporates and ESG

    Q3 2022 All-Island Power Market Outlook to 2030 overview

    This report provides an annual overview of trends for the All-Ireland Power Market out to 2030 using outputs from Cornwall Insight’s latest forward curve for the All-Island (AI) Single Electricity Market (SEM) covering Northern Ireland and the Republic of Ireland. This publication is based on comprehensive market and asset-level power...

  • 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...

  • Low carbon generation

    A collection of resources on net zero – Net Zero Week 2022

    For Net Zero Week 2022, we released a range of resources to help you on your journey to net zero. For convenience, we have put them all together in a handy Resource Report. To read the full collection of resources, please log in to your account or sign up for...

  • Net zero corporates and ESG

    Q2 2022 All-Island Power Market Outlook to 2030 overview

    Our latest All-Island Power Market Outlook to 2030 report provides a taster of the insights from our Q2 All-Island Forward Curve report. Changes to the SEM, GB and European Markets over the last quarter have been incorporated into our models, including delays in commissioning and new capacity plans, to revise...

  • 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...

  • Low carbon generation

    Reform in haste, repent at leisure: squaring electricity market reform with investor confidence

    The review of electricity market arrangements (REMA) signalled by the energy security strategy could impact wholesale & balancing markets, & there could be a need to examine the capacity market rules & CFD contracts. It is too early to know what options will ultimately be adopted or when changes would...

  • Commercial and market outlook

    Pragmatism, partnership, and people

    In this piece, we take stock on where we now stand after a tumultuous period for the energy markets since Autumn 2021. But beginning, we want to give voice to the sadness our team feels at the terrible human impact arising out the conflict in Ukraine. This clearly is of...

  • Commercial and market outlook

    2021’s most exciting ‘Charts of the week’

    Some of our team have looked back throughout 2021 and picked their most exciting 'Chart of the week'. Read about their choices and click through to read the full 'Chart of the week'. To do so, you need a free Cornwall Insight account which is easy to create here. Green...

  • E-mobility and low carbon

    Net Zero Strategy: key points

    Yesterday, the government announced its long-awaited Net Zero Strategy, a 368-page document that provides a route the nation will take to a net zero economy. The strategy outlines how spending will be prioritised for power, fuel supply and hydrogen, industry, heat and buildings, transport, natural resources, and greenhouse gas removals....

  • Net zero corporates and ESG

    The stakes are higher than they seem: the current energy challenge and net zero

    It has been an incredibly challenging week in the UK energy sector, and attention has rightly focussed on consumer protection, and indirectly on the state of the energy supply markets. However, it would be a mistake to believe that the ramifications of supplier failure will be limited only to this...

  • Commercial and market outlook

    How can research help: what is the gap in understanding that should be addressed most urgently?

    In the last two decades, the debate around addressing climate change has rightly focused on identifying – and supporting – the most suitable technologies to decarbonise our economies. Consequently, significant progress has been achieved in the decarbonisation of the power sector. However, as the priority is now to decarbonise hard-to-abate...

  • Commercial and market outlook

    The digital transition and its lessons for the energy sector

    Digitalisation of data is happening across all sectors globally. It has become pivotal to developing, modernising and transforming sectors from banking to healthcare. With COP26 on the horizon, a net zero target by 2050 enshrined in UK law and the sixth carbon budget aiming to reduce emissions by 78% by...

  • Low carbon generation

    BEIS Hydrogen Strategy

    The flagship Hydrogen Strategy paper was unveiled by BEIS on 18 August and confirmed that hydrogen will form a crucial part of the UK’s net zero economy. Perhaps disappointingly, the paper only reaffirms the 5GW of production capacity by 2030 commitment as set out in the Ten Point Plan with...

  • Net zero corporates and ESG

    More details required for large-scale solar rollout in EU

    Last week, our 'Financing net zero forum' gathered to discuss the role of private capital for the next wave of solar across Europe. Joining the meeting chair, Cornwall Insight's Daniel Atzori, were our guest panellists from a leading developer and the Global Infrastructure Investor Association (GIIA). With the European Commission...

  • Net zero corporates and ESG

    Data critical for sustainable investments

    On 24 June, attendees to our 'Financing net zero forum' tuned in to hear the expert panel discussions on the role of data in sustainable investment. Joining the meeting chairs, Cornwall Insight's Daniel Atzori and Emma Bill were our guest panellists from Mercatus and Victory Hill Capital Group LLP. For investors to make...

  • Net zero corporates and ESG

    Net zero business forum charts energy policy impacts for large businesses

    Last Thursday (24 June), we held our latest ‘Net zero business forum’ with attendees from large energy consumers, suppliers, TPIs and advisors. Every two months, the forum addresses the energy policy and regulatory challenges faced by businesses as they look to decarbonise their operations, with extra insight every month from our Energy:...

  • Net zero corporates and ESG

    Financing net zero panel advises policymakers for a long-term view of net zero to boost merchant renewable confidence

    Last Thursday's 'Financing net zero forum' brought together 580 registered attendees across the renewables sector to listen to the expert panel discuss managing renewable merchant risk. Joining the chair of the meeting were experts from across the industry, with Shoosmiths sponsoring the afternoon discussions. Merchant renewables – the development of...

  • Net zero corporates and ESG

    Get ready for climate risk reporting?

    On 30 April we released the latest copy of our Energy net zero. The publication takes an in-depth look at the UK's transition to a low carbon economy. The below is an extract from our Energy Perspective on Task Force on Climate-related Financial Disclosure (TCFD). The article was originally published in the...

  • Low carbon generation

    Why energy system governance is not fit for purpose

    In my recent blog, the Emperor’s new clothes I referenced a poll of our Financing Net Zero (FNZ) membership which revealed 75% support for an energy systems architect to ensure we manage the net zero transition. In the spirit of independent thinking that Cornwall Insight is known for, I respectfully disagreed and...

  • Net zero corporates and ESG

    The Emperor’s new clothes?

    Institutional and governance reform forms a major plank of the energy white paper, with the inevitable result that industry commentators are proposing various and new institutional constructs to address the immense challenge of transitioning the energy sector to net zero. We have seen many ideas in this space over the...

  • Net zero corporates and ESG

    Sleeving Pools could enable local authorities to procure local energy

    This blog post is adapted from an article in March’s issue of Energy net zero, published on 31 March. To find out more about a subscription to Energy net zero, please contact Veronica at v.truman@cornwall-insight.com. For many local authorities and corporates, development of small-scale renewables and consideration of generation production...

  • Net zero corporates and ESG

    Major energy policy and regulatory changes discussed in our December Net Zero Business forum

    On 10 December 2020, Cornwall Insight hosted its Net Zero Business Forum. Held four days before the release of the UK government’s Energy White Paper, the focus was on the Prime Minister’s 10-point plan, the Spending Review and the National Infrastructure Strategy. Head of Relationship Development Robert Buckley and Head...

  • Net zero corporates and ESG

    Editor’s Pick Ireland | Clean Energy Package: what does it really mean?

    The Capacity Market Code removes or restricts payments to fossil fuel generators and allows cross border participation in Capacity markets, arising from the Clean Energy Package (CEP). We look at some of the other potential changes in the way EirGrid and SONI operate our energy system arising from the implementation of the...