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Categories
Regulation and policy
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Regulation and policy
Supporting Renewables
Understanding policy impact on the cost to the consumers of renewable development in Northern Ireland Cornwall Insight Ireland’s report for RenewableNI finds that appropriate support for renewable generation in Northern Ireland can be expected to reduce overall cost to consumer. The Department for the Economy (DfE) is in the process...
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Regulation and policy
Race to net zero: Rebuilding investor confidence in the UK
Increased macroeconomic pressures and rising international competition have left the UK at risk of falling behind in the race to attract investment in the net zero transition. In this paper, we examine these headwinds alongside a discussion of the short and long-term changes to the Contracts for Difference scheme that...
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Regulation and policy
Reform options for TNUoS and constraint management
This report explores the potential to enable the decarbonisation of the GB energy system and meeting net zero ambitions through evolutionary reforms to the transmission charging and constraint management arrangements. Cornwall Insight is an independent energy consultant with extensive experience in market and policy analysis. This report was produced by...
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Regulation and policy
Transforming the energy market: how change will work for consumers
This report is an introduction to changes in the energy market. It has been written in a way that is easy to understand for people who are not familiar with the topics. Energy is critical to all sectors of the economy, and this report provides a high-level overview of the...
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Regulation and policy
WACC-A-MOLE –Implications of the rising cost of capital for the fifth round of the Contracts for Difference scheme
Soaring inflation and interest rates, combined with supply chain issues and labour shortages, have pushed up the cost of capital and increased the costs needed to finance renewable projects. With the latest round of the Contracts for Difference (CfD) scheme set to open to applications this month many in the...
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Home supply and services
Counting the costs
In its first month in office, the Truss Government has introduced policies to addressthe cost of the energy crisis. On the domestic front, the Energy Price Guarantee(EPG) has been implemented as a support scheme for households due from 1October 2022 and for the next two winters. In this paper, our...
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Energy storage and flexibility
Unlocking REMA
Recent challenges have emphasised the recurring importance of the energy trilemma, namely the need to decarbonise the energy system while ensuring energy security and affordability. The government announced its Review of Electricity Market Arrangements (REMA) in April 2022 to address these issues. In July, the government published a consultation paper...
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Low carbon generation
Renewable asset repowering and net zero
In our latest short research paper, we consider policy options and solutions for the building and repowering of assets across GB, Ireland, and Australia. While technology can be uitilised to optimize renewable energy assets and extend their life, the components and materials from decommissioned assets can be refurbished, reused or...
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Regulation and policy
Future networks – RIIO-ED2 (Issue 3)
This is the third research paper in a series exploring the evolution of regional flexibility markets and how they can support the development of an efficient, low carbon energy system. The series is prepared by Cornwall Insight, Complete Strategy and Shakespeare Martineau. This paper has been led by Complete Strategy...
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Regulation and policy
Future networks – flexibility (Issue 2)
This is the second in our series of “Future Networks” discussion papers. It builds on the background laid out in our recent “Setting the Scene” publication. The focus of this paper is on how the future roles of Distribution System Operators (DSOs) may evolve if flexibility exchange platforms became widespread,...
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Regulation and policy
Future networks – setting the scene
This is the inaugural research paper in a series that will explore the evolution of regional flexibility markets and how they can support the development of an efficient, low carbon energy system. Entitled “Future Networks”, the series will be jointly prepared by Cornwall Insight, Complete Strategy and Shakespeare Martineau. This...