BEIS confirm end-date for recognition of EU GoO imports

In this week’s ‘Chart of the Week’, we examine the historical volume of GoOs imported for FMD...

Commercial and market outlook

Recent events push NEM turnover to new heights

Commercial and market outlook

Big Battery, even bigger revenues

Home supply and services

Support for consumers concerned about rising energy bills

Commercial and market outlook

Elevated Wholesale Price in the NEM: QLD on...

Commercial and market outlook

Gas generation on the move

Commercial and market outlook

Australian gas prices have recently coupled with European...

Low carbon generation

RESS 2 – Five key insights

Latest blogs

  • Business supply and services

    The energy crisis affects businesses as well as households

    Yesterday morning we issued our updated forecasts for the Default Tariff Cap through to the end of 2023. They make for grim reading: from 1 October 2022 the Cap will average £3,500/year equivalent or so for at least a year, unless there is a collapse in the wholesale energy markets….

  • Regulation and policy

    The Changing Compliance Landscape

    In recent months, Ofgem has been increasing its engagement with suppliers to ensure compliance with their supply licences and to deliver more resilient business models. This has been evidenced through a number of actions, such as stress testing suppliers and introducing additional reporting requirements, under the scope of the regulator’s…

  • Home supply and services

    Price cap to remain significantly above £3,000 a year until at least 2024

    Our latest forecasts for the Default Tariff Cap have shown a typical household’s energy bill will be well over £3,000 a year for the next 15 months, with the average bill over Summer 2023 (Apr-Sep) sitting at £3,649 – just over £300 per month. We have also updated the predictions…

Chart of the week

  • Low carbon generation

    BEIS confirm end-date for recognition of EU GoO imports

    In this week’s ‘Chart of the Week’, we examine the historical volume of GoOs imported for FMD and explores what impact GoO removal will have on the REGO market.

  • Commercial and market outlook

    Recent events push NEM turnover to new heights

    The story of recent times in the NEM has been the significant escalation of wholesale price outcomes in the market. As discussed repeatedly, elevated fuel costs for gas and supply constraints in the market have sent NEM turnover to uncharted territory. By NEM turnover, we refer to the total costs…

  • Energy storage and flexibility

    Key highlights from our Balancing Services Forecast report

    In this week’s ‘Chart of the Week’, we will outline some of the key highlights from our latest report, to provide you with a flavour of the latest long-term trends for response and reserve.

Latest podcasts

Insight papers

  • E-mobility and low carbon

    Battery-as-a-Service: an underexplored opportunity?

    At the back end of 2020, the government published a plan to put an end to the sale of new petrol and diesel cars in the UK by the end of the decade. While welcome news for many, this target – the most ambitious in the G7 – brought into…

  • Low carbon generation

    A corporate’s guide to decarbonising power

    From 6 April 2022 it has become mandatory for over 1,300 of the largest UK-registered companies to disclose their climate-related financial information in line with the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations. As part of this, all corporations on the Financial Conduct Authority’s Official List (are “listed”) are required…

  • Low carbon generation

    The UK and the energy transition. Leading the way?

    Contributors from Womble Bond Dickinson: Richard Cockburn, Chris Towner, Matt Lewy, Anthony Alderman, Vicki Redman, Simon Hughes, Sebastian Briggs, Lisa Rushton, Belton Zeigle The United Kingdom is well placed to play a key role in global efforts to dramatically reduce carbon emissions over the coming decades. An urgent need to…

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…

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