Latest blogs
-
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…
-
Commercial and market outlook
Cornwall Insight responds to the announcement of an Energy Bill in the Queen’s Speech
The Queen’s Speech this week included a much-anticipated announcement that an Energy Bill will be introduced at some point over the next parliamentary session. The Bill is a logical conclusion of policy development in the period since the net zero commitment was made in the summer of 2019. It accommodates…
-
Business supply and services
Ofgem reaches conclusion for the Microbusiness Strategic Review
The Microbusiness Strategic Review came to a close on 28 March 2022, with four finalised proposals from Ofgem that aim to protect microbusiness consumers and create a more robust framework through which the market can operate. Following the unprecedented rise in wholesale prices and recent geopolitical events, these changes are…
Chart of the week
-
Power and gas networks
Full house – launch of Dynamic Moderation completes National Grid’s response toolkit
National Grid ESO’s (NGESO) Dynamic Moderation (DM) service launched on the 6 April, with the first auction held at 14:30 on the EPEX platform. DM is the third and final new frequency response product that the ESO has introduced to better manage frequency deviations in a high-renewables grid. This ‘Chart…
-
Commercial and market outlook
Winter is coming: MT PASA scheduled coal outages for winter?
The number of thermal generator problems continues to grow, and so does peak time volatility in the two northern states. On top of the closure of Unit 3 at Liddell occurring on 1 April and Unit 4 at Callide C still out without a public resolution, outages and problems have…
-
Energy storage and flexibility
Chart of the week | The summer of our discontent?
Wholesale power and gas prices have surged significantly in the past year and have been highly volatile alongside rapidly unfolding geopolitical events. This summer, the overall direction of energy prices could move in a number of ways, dependent on further sanctions and counter-sanctions between Russia and the West, as well…
Latest podcasts
Insight papers
-
Business supply and services
Addressing the cost of electrification
This report outlines the challenges that energy intensive industries (EIIs) face in decarbonising their heat supply, (currently dominated by natural gas) by switching to grid-supplied electricity. The paper has been sponsored by the Confederation for Paper Industries (CPI) and therefore has a particular focus. However, many of the challenges highlighted…
-
Low carbon generation
Future-proofing energy market design: the net zero challenge
With climate change high on the agenda, many countries are looking at decarbonising their electricity generation and incorporating more renewable generation into their electricity systems. This research snapshot focuses on energy market design in Great Britain (GB), Ireland and Australia, considering what is being done to adapt to the changing…
-
Home supply and services
Assessing the potential of hydrogen in decarbonising residential heating in Ireland
Ireland has an ambitious vision to reach net zero by 2050, and decarbonising residential heating is a significant challenge. This report examines the potential for hydrogen-based heating solutions in decarbonising residential heating in Ireland.On comparing the various options of using hydrogen for domestic heating in Ireland, hydrogen blending in the…
Innovations
-
Innovations
The Greater Manchester Local Energy Market – what is it?
Cornwall Insight is part of the Greater Manchester Local Energy Market (GMLEM), a project which is creating a modern energy system across the city. This world-leading scheme led by Greater Manchester Combined Authority (GMCA) involves 11 key partners, and is a key part of the GMCA’s plans for decarbonisation. Greater…
-
Innovations
Rewire-NW project
The Rewire-NW project was launched in spring 2020. Led by Pure Leapfrog, the project is developing plans to create a range of business models to implement locally-focused energy projects, leading the town of Warrington towards Net Zero. Rewire-NW is a forward-looking and innovative project that aims to connect Warrington using…
