Insight papers

Our Insight papers offer detailed and evidence-based thought leadership on key market characteristics. They are designed to provide thought-provoking perspectives and recommendations as well as contribute to industry debates. Through a combination of in-depth industry knowledge and practical experience, our Insight papers will help you keep up-to-date with the latest developments in the market.

Our Insight papers cover a wide range of topics including future networks, the Capacity Market, electric vehicles, corporate PPAs, wind and more

Latest papers

  • Business supply and services

    Business net zero: Making progress in a challenging economy

    In light of the financial pressures faced by enterprises from rising inflation and interest rates, tight supply chains and labour markets, alongside high energy bills, this paper investigates to what extent decarbonisation is still a priority for corporates and how progress towards net zero has been impacted by recent developments....

  • Home supply and services

    Energy security and smart meters

    Smart meters have the potential to play a critical role in energy security, providing near real-time information through a visual in-home display, empowering consumers to change how much energy they use and when they use it. If consumers reduce or shift their energy consumption away from peak periods, they may...

  • Power and gas networks

    Another winter of discontent? What happens to the UK this winter, and next, if the gas taps from Russia stay turned off?

    Substantial reductions in Russian gas supply to Europe and increased global competition for LNG cargoes have resulted in substantially elevated gas prices for the UK this winter (2022-23) compared to the historical norm. Our forecasts indicate that this could not be a single winter problem, with tight supply and high...

  • Business supply and services

    Bad debt and energy suppliers: A systemic risk

    With the energy crisis squeezing the budgets of households and businesses, an increasing number of customers are struggling to meet their bills, despite the Energy Price Guarantee (EPG) and other forms of support provided by the Government. As millions more people fall into fuel poverty, energy suppliers’ bad debt –...

  • Energy storage and flexibility

    Co-location, co-location, co-location

    As the UK transitions to net zero, the energy generation mix will become increasingly dominated by intermittent renewable generators, thus promoting a need for greater flexibility within the energy system. Setting up a new site, especially for storage assets, is currently a long and often costly process. Co-location is where...

  • 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...

  • 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...

  • Low carbon generation

    MCS Charitable Foundation – Hydrogen Costs

    MCS Charitable Foundation (“MCS”) in its charity goal of decarbonising homes, heat and energy has commissioned us to calculate the costs of blue and green hydrogen, based on current and projected gas prices. This report sets out our methodology for this forecast, and our findings in terms of delivered prices...

  • Business supply and services

    Weathering the storm: Mitigating the impact of energy price hikes for businesses

    The challenging gas supply situation and record-high electricity prices are putting considerable pressures on the GB economy as we enter winter 2022-23. Unfortunately, as the winter approaches, wholesale energy prices are set to rise even further, constraining the growth of businesses that were starting to recover from the scars of...

  • 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...

  • 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...

  • Business supply and services

    It’s fun to stay at the CPPA

    A corporate power purchase agreement (or CPPA) is an agreement between a generator and a corporate end-user. Typically, it will set out pre-agreed volumes, contract length and price, which will be on a bespoke basis. The energy is delivered over the public network, so the negotiations are essentially about appropriately...

  • 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...

  • Net zero corporates and ESG

    Unlocking net zero strategies for business

    An increasing number of businesses are looking to reduce their emissions and become sustainable to align with the government’s net zero strategy. Setting targets is crucial for companies with complexity across sectors, technologies and business structures. This paper, in partnership with Shoosmiths, explores the potential routes to decarbonisation that businesses...

  • Net zero corporates and ESG

    An equitable transition to net zero

    This paper addresses one of the fundamental issues in the transition to net zero: how to resolve the accrual of national decarbonisation benefits with the imposition of regional network costs through distribution charges. It examines this through the lens of North Scotland, where the tension between these two forces is...

  • E-mobility and low carbon

    Electric vehicle charging: unlocking the business models

    Cornwall Insight and TLT spoke to stakeholders in the Electric Vehicle (EV) charging space about the charging infrastructure market and the business models that support it. The UK’s 2030 petrol and diesel car sales ban is igniting the charging infrastructure race. However, there are still challenges ahead related to technology,...

  • Business supply and services

    Industrial decarbonisation key for UK low carbon hydrogen

    Hydrogen has an important role in decarbonising the industrial sector; simultaneously, industries need to redesign and reinvent their processes to use hydrogen. Low carbon hydrogen should be adopted in applications with maximum emission reduction potential to maximise its decarbonisation potential. Read here Training on Net zero transition: Low carbon heat...

  • Home supply and services

    The role of connected homes in achieving net zero

    A connected home is defined as one with multiple integrated devices that can be automated and easily controlled to create a safe, convenient, and comfortable environment. The largest companies operating in the connected home sector are the technology majors such as Amazon, Google and Apple, but there are also many...

  • Energy storage and flexibility

    Reaching net zero: the value of flexibility

    With battery storage and demand side response (DSR) set to play a significant role in supporting the delivery of greater amounts of renewable power and managing electricity networks, we consider revenue streams for related flexibility services across GB, Ireland, and Australia. While outside the scope of this paper, routes to...

  • Net zero corporates and ESG

    Securing the UK’s role as a green financial hub

    Ahead of COP26, Cornwall Insight and TLT spoke to industry leaders about the UK’s progress with building a green finance market and what’s needed to make green finance mainstream. As the whole world looks to the Glasgow summit for new, progressive policies, what do businesses, investors and financial institutions deem...

  • Home supply and services

    Consolidation in the domestic energy market

    The domestic energy supply market has gone through a period of intense competition over the last five years. Lower barriers to entry saw a rise in licensed competitors to a peak of 62 in 2018, diversifying propositions, service and added value options for consumers. Today, that number has fallen to...

  • Low carbon generation

    Four technologies to reach net zero

    There is no single technological fix to resolve the climate crisis. Instead, a range of technologies must be developed and deployed at scale to tackle the vast challenges associated with the deep decarbonisation of the economy. This report will cover a few of those technologies, including carbon capture, hydrogen, floating...

  • Low carbon generation

    Merchant renewables still face challenges

    In light of delayed RESS-2 auctions in Ireland, and the prospect of buying constraints in the next CfD auction (for established technologies) leading to many disappointed developers, the question of whether “merchant” project development is viable will soon be occupying the minds of our customers in both Ireland and Great...

  • Heat networks

    Who pays for supporting the net zero transition

    The costs of decarbonising the power system have mainly been funded through consumers’ electricity bills. In 2020-21 these costs amounted to £10bn with the expectation that support for low carbon generation will continue to be necessary. If we are to maintain a trajectory to net zero carbon emissions at 2050,...

  • Power and gas networks

    Understanding the backdrop of the UK hydrogen economy

    We have compiled this research note on the UK hydrogen economy as a primer for an upcoming series of hydrogen insight papers. We discuss past and current hydrogen support schemes in the UK as well as the bodies that have been established to stimulate a hydrogen economy. We explain various...

  • Low carbon generation

    The net zero paradox – challenges of designing markets to bring forward low marginal cost resources

    The scale and speed of the net zero targets require a refocus of the traditional goals of electricity market design to ensure efficient dispatch, adequate capacity and optimal investment. Electricity markets need to support the investment and dispatch to meet low carbon objectives, but the fundamental drivers of the electricity...

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