Low carbon generation

Cornwall Insight’s low carbon generation consultancy services give you the market intelligence you need to anticipate where the market is heading. Our experts have a deep and practical understanding of the complex commercial and regulatory aspects of the sector. From market insights to competitor analysis, our consultants help you understand the low carbon sector so you can make the best possible decisions for your business.

We have worked with a wide range of stakeholders in the low carbon generation sector, including generation operators, developers and investors, and official bodies such as the government, Ofgem and the Low Carbon Contracts Company. Our services cover a wide range of topics including subsidy arrangements such as the Contract for Difference (CfD) and Renewable Obligation (RO); merchant revenues available through the wholesale market; and emerging revenue streams for renewables through the provision of ancillary services.

Cornwall Insight supports with:

  • Capture price and future capacity modelling and analysis
  • Charging arrangements and the impact of network costs
  • Innovation and future market developments
  • Regulatory and policy support

Case study

Power Purchase Agreement tender support

Newhurst Energy from Waste | February 2020

Cornwall Insight provided Power Purchase Agreement (PPA) tender support to allow financial close to be achieved on the 42MW Newhurst Energy-from-Waste facility (EfW) in Leicestershire, England. The project is a joint venture between Covanta Holdings Corporate (a global provider of sustainable waste and energy solutions), Biffa plc (the sustainable waste management business) and Macquarie’s Green Investment Group (a specialist in green infrastructure principal investment). It will be a significant asset in the drive to decarbonise waste management in the UK.

The joint venture partners were required to obtain a suitable PPA to allow them to have sufficient financial certainty in relation to the project to allow them to make the relevant financial investment in the project. We provided a comprehensive end-to-end service over serval months to facilitate the tender and delivery of the PPA to support the investment process.

This service included the development of the PPA tender criteria in which the options available to the client were investigated, explained and agreed upon, and then conveyed to all the suppliers in the market who were likely to meet these requirements. The communications of the tender process were then managed, with Cornwall Insight answering queries associated with the tender process, including fielding queries from suppliers, providing guidance to the client and organising key administrative elements such as Non-Disclosure Agreements. The commercial and contracts aspects of the quotes PPAs were also determined, involving liaising with legal teams to assess terms of concern for the client and providing detailed analysis of the quoted prices. Finally, contract negotiation support was also provided, allowing for the successful completion of the tender process.