Eirgrid and DS3 – a lot done, more to do

On 29 March Eirgrid published its long-awaited consultation on the Delivering a Secure, Sustainable Electricity System (DS3) System Services Volume Capped Competitive Procurement. It provided some welcome detail on the next steps for DS3, but there are residual questions outstanding which make it difficult for current investors to ascertain risks on their projects.

The DS3 programme seeks to increase the allowable System Non Synchronous Penetration (SNSP) up to 75% by 2020, reducing the curtailment of wind to approximately 5% per annum. The programme started in 2011 and has taken time to arrive at this point, moving through stages of regulated and interim arrangements. DS3 is progressing towards a competitive enduring approach with the recent volume uncapped and now volume capped procurement process.

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Low carbon generation

Battery storage in Japan: An up-and-coming market?

This paper includes exclusive insights from Cornwall Insight’s Japan Benchmark Power Curve. In this insight paper, we discuss the demand and challenges accompanying Japan's changing energy mix. Aiming to address whether, as the transition to net zero creates greater need and opportunities for faster dispatch electricity storage, could Japan represent...

Low carbon generation

Q4 2023 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...

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...

Low carbon generation

Understanding the evolution of the Irish electricity markets

The Irish electricity sector has undergone significant change in recent years. The Integrated Single Electricity Market (I-SEM) arrangements introduced in 2018 fundamentally transformed the market framework to maximise competition, facilitate electricity wholesale trading, and incentivise the development of low-carbon generation sources. In parallel the physical system continues to evolve rapidly....

Low carbon generation

Government publishes Ireland’s Climate Action Plan 2023

This article is an extract from our Energy Spectrum Ireland service, which is a monthly publication and weekly news bulletin covering key developments in the Irish and Northern Irish energy sectors. If you are interested, we are currently offering a free trial which you can sign up to by filling...

Commercial and market outlook

Delays to onshore wind investment increase long-term power prices in Ireland

Note: Cornwall Insight Ireland release the 'All-Island Power Market Outlook 2023' on a quarterly basis. The increase in long-term power prices refers to the comparison with our Q3 Power Market Outlook released in October 2022. Data from our fourth - ‘All-Island Power Market Outlook to 2030’ – has forecast that...

Energy storage and flexibility

“Co-location, co-location, co-location”: Benefits and challenges

Key take-aways of the launch event   By Jamie Maule, Dr Matthew Chadwick & Nick Fothergill (Partner – Weightmans LLP) As part of the UK’s transition to net zero, the electricity generation mix needs to evolve, with increasing amounts of renewable capacity required to meet net zero commitments. To maximise...

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,...