Power and gas networks

  • Power and gas networks

    Considerations for forecasting non-commodity costs for large users

    Electricity non-commodity costs, also known as Third Party Charges (or TPCs), are faced by the vast majority of end consumers that use electricity. They represent a significant proportion of the energy bill for domestic, SME and large industrial user types; however, their applicability and scale can vary depending on the...

  • 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...

  • Energy storage and flexibility

    What is Liquefied natural gas (LNG) and how did it help UK and Europe this winter?

    What is Liquefied natural gas (LNG)? Natural gas that has been cooled down to a liquid form is known as liquefied natural gas (LNG). The cooling process shrinks the volume of natural gas making it easier and safer to store and ship overseas. Natural gas is a fossil fuel which...

  • Business supply and services

    What happened in 2022 in the energy market?

    The GB energy market never stands still and 2022 was no different. In this infographic, we look back at some key happenings from the past year in different segments of the GB energy market.  Click the image below to see our snapshot.

  • Business supply and services

    Top 3 predictions for the energy transition

    Robert Buckley, our Head of Relationship Development, gave his top 3 predictions for the energy transition in 2023. 1) Decarbonisation destabilisation Europe’s energy market is going through a war-driven restructuring away from Russian gas which will take years. Wholesale gas, coal and carbon prices will remain very high much longer...

  • E-mobility and low carbon

    2022’s most exciting ‘Charts of the Week’

    Some of our team have looked back throughout 2022 and picked their most exciting ‘Chart of the Week’.​Their choices include exploring green tariffs, wholesale gas prices, CfD allocation round 4 and the MHHS Implementation Levy.  It’s My Birthday – Two years of Dynamic Containment Picked by Tom Faulkner, Head of...

  • Low carbon generation

    MCS Charitable Foundation – Hydrogen Costs

    MCS Charitable Foundation (“MCS”) in its charity goal of decarbonising homes, heat and energy has commissioned us to calculate the costs of blue and green hydrogen, based on current and projected gas prices. This report sets out our methodology for this forecast, and our findings in terms of delivered prices...

  • Power and gas networks

    Gas DSR reforms ahead of winter 2022-23

    National Grid has recently carried out a review of the Gas Demand Side Response (DSR) voluntary curtailment mechanism through July and August. The Gas DSR allows shippers to offer a consumption curtailment service to National Grid Gas (NGG) during periods of acute gas supply constraint called a Gas Deficit Emergency...

  • Energy storage and flexibility

    National Grid ESO’s ‘early view’ winter report 2022/23

    We have published an alert on National Grid Electricity System Operator's Winter 2022/23 early view report.  The ESO considers that it is important for industry to be provided with a rough understanding of the situation to come, through the early view report. It is operating under the assumption that the peak...

  • Energy storage and flexibility

    National Grid ESO’s ‘early view’ winter report 2022/23

    We have published an alert on National Grid Electricity System Operator's Winter 2022/23 early view report.  The ESO considers that it is important for industry to be provided with a rough understanding of the situation to come, through the early view report. It is operating under the assumption that the peak...

  • Energy storage and flexibility

    Dialing up the unknowns on network charging

    In a world of open governance code modifications, change is a constant. You only have to look at the number of code modifications ongoing at any one time – National Grid lists 36 modifications in development relating to transmission network charging alone – for evidence of that. But in recent...

  • 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

    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...

  • Energy storage and flexibility

    Five key trends from the flexible asset PPA market

    On 20 May, we published our sixth edition of our Flexible Asset PPA Market report. This is our biannual survey and analysis of the Power Purchase Agreement (PPA) market for flexible assets in GB, seeking to understand the market size, active offtakers and optimisers in the space, latest market trends,...

  • 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...

  • 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...

  • Power and gas networks

    ESB Networks consults on its Stakeholder Engagement Report 2021

    ESB Networks published a consultation on its Stakeholder Engagement Report 2021 on Thursday 10 March. The report states that ESB Networks delivered against all eight of its identified engagement focus areas reported in its Stakeholder Engagement Plan 2021 and sets out some examples of engagement undertaken in 2021. This included...

  • Energy storage and flexibility

    All-Island Power Market Outlook to 2030

    This report provides an annual overview of trends for the All-Island 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

    Russian gas dependency and impacts on net zero

    Tensions along the Russia-Ukraine border have been escalating since November last year when satellite imagery showed a fresh build-up of Russian troops on the Ukrainian border. Fast forward to the 24 February 2022, Ukraine and Russia are now at war following a Russian invasion. In response to these actions from...

  • Business supply and services

    2021 top energy insights

    View our 2021 top insights; the top podcast, insight paper, 'Chart of the week' and blog. Click the boxes below to read the full articles. You may need to log in or create a free Cornwall Insight to continue reading. Download

  • Business supply and services

    Wholesale energy prices see new record highs as 2021 comes to a close

    In what continues to be a particularly tumultuous period for the wholesale energy market in the lead up to Christmas, prices have continued their crusade of setting record highs in a final send-off to 2021. On Wednesday 22 December, day-ahead gas prices reached a new all-time record high (on our...

  • 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...

  • Power and gas networks

    New Fault Ride Through compliance arrangements introduced for transmission-connected generators

    Ofgem approved Workgroup Alternative Grid Code Modification 1 (WAGCM1) of GC0151 Grid Code Compliance with Fault Ride Through (FRT) Requirements on 5 November. In short, this decision introduces a new, legal process, into the Grid Code – the legal text that governs those connecting to the electricity transmission system -...

  • Power and gas networks

    Location, location: The increasing complexity of embedded benefits

    There is growing recognition of the need to reform our current network arrangements to support a more dynamic and flexible electricity system as we undergo the transition to net zero. Among the network elements currently going through a period of review are Distribution Use of System (DUoS) charges, which recover...

  • 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....

  • Home supply and services

    Why gas shippers are important

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  • Power and gas networks

    Electricity and gas tariffs on the rise in Ireland

    The majority of energy suppliers in the Republic of Ireland have enacted several price rises in one or both electricity and gas tariffs. Figures collated by Eurostat show in the latter half of 2020, Ireland already ranked fourth highest for electricity prices in the EU and seventh highest for gas...

  • Power and gas networks

    Green hydrogen is “essential” for the UK to achieve net zero

    Today, 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 article analyses the UK landscape for hydrogen and how it is "essential" to achieve its climate goals. The article was originally published in the...

  • Power and gas networks

    Understanding the backdrop of the UK hydrogen economy

    We are delighted to publish our research note on the hydrogen sector: 'Understanding the backdrop of the UK hydrogen economy'. Serving as a primer for our upcoming series of hydrogen insight papers, we chart the UK’s progress in developing a hydrogen industry. In our paper, we cover essential developments in...

  • Power and gas networks

    Wholesale energy prices fell to record lows in April

    This week we look back at wholesale power price developments throughout April, a month which saw notable bearish price movements. The most prominent of these were the movements in the day-ahead power price. Across April the price averaged €28.0/MWh, the lowest monthly average since the commencement of project I-SEM back...