Cornwall Insight advises business energy consumers both to reduce cost exposure and improve their Environmental Social Governance (ESG). Our consultants work with businesses to help them capture the value from supply agreements based on existing cost structures, corporate Power Purchase Agreements, demand-side response and net zero strategies.
We have enabled many businesses to reduce cost exposure through a better understanding of the elements which make up their cost stack and how costs can be avoided. We support businesses with their own net zero transitions by understanding each businesses needs and developing a strategy that enables the business to succeed while reaching its net zero ambitions.
Cornwall Insight supports with:
- Energy procurement strategy and contract evaluation
- Cost benchmarking and forecasting, both for energy and non-energy costs
- Support establishing corporate Power Purchase Agreements, enabling corporates to purchase power directly from renewable generators
- Policy and regulatory horizon-scanning
Bespoke electricity third party charges (TPC) forecasting
Thames Water | January – March 2018
Cornwall Insight was commissioned by Thames Water to provide a bespoke forecast of wholesale electricity and third party charges using the company’s own portfolio and consumption profile. Thames Water is one of the UK’s largest water and wastewater companies, with approximately 15mn customers across the London and Thames Valley regions. Operating under a regulatory price control sector by Ofwat, the provision of such forecasts is important to Thames Water as both a consumer and a generator of electricity.
For the project, Cornwall Insight developed forecasts based upon Thames’ own portfolio and consumption profile for the period to 2025-26, utilising the output of its off-the-shelf Third Party Charges report and its wholesale price modelling as the basis for this analysis.