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Battery
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Press Releases
Reform of electricity network charges and balancing markets could fast-track energy transition
Reforming charges for using the electricity network and reviewing how generators and customers provide flexibility to the system, could accelerate cost-effective decarbonisation of the electricity system, and help GB meet its net-zero targets. A new report1, from Cornwall Insight in partnership with SSE, explores how rethinking the Transmission Network Use...
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Press Releases
UK sees 70% rise in public charge-points for electric vehicles over past year
The UK now has one publicly accessible charge point for every 11.2 Battery Electric Vehicles (BEV) on the road, having seen a remarkable 70% jump in charge points over the past year. The figures, utilised in the calculation of the Electric Vehicle Country Attractiveness (EVCA) Index by Cornwall Insight and...
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Press Releases
48.9GW of new renewables projects currently in the scoping stages
Renewables projects labelled as “scoping” currently represents 50% or 48.9GW of the total viable pipeline capacity*, according to the latest analysis from Cornwall Insight. Of this 48.9GW "scoping" total, 38.6GW is from offshore wind, 5.0GW from battery projects, 3.0GW from onshore wind and 1.5GW from solar PV. This includes some...
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Press Releases
Battery storage increasingly setting the price in FCAS markets
Research from Cornwall Insight Australia shows a clear trend in regulation raise price setting in the Frequency Control Ancillary Services (FCAS) market with respect to battery storage. In fact, in Q119, batteries were only involved in ~2.22% of instances. This has increased to ~3.73% in Q120 and is now at...
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Press Releases
Scotland sees the largest increase in renewable pipeline capacity
According to Cornwall Insight's 'Renewables pipeline tracker', most regions across Great Britain (GB) showed a net increase in total pipeline capacity between April 2020 and March 2021. Displayed by distribution network operator (DNO) region for visualisation purposes and accounting for projects due to connect to the transmission network, Central and...
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Media Mentions
PV Magazine | Battery storage project
Our Consultancy project with Still Waters Green Technology (SWGT) to secure the £12m non-recourse Phase One with Santander UK was featured in PV Magazine. T We are delighted to have advised SWGT on this landmark transaction. Cornwall Insight used its high-quality flexibility and battery storage modelling capabilities and wider support...
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Press Releases
7GW of battery storage projects in the pipeline across Australia
Projections from Cornwall Insight Australia show there is ~7GW of battery storage projects proposed or currently in the planning process. Of that 7GW there is just over 900MW of committed or significantly progressed storage projects set to be delivered by 2024. Key findings ~7GW of battery storage projects either proposed...
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Press Releases
Cornwall Insight advises Still Waters Green Technology for its 30MW flagship battery storage project
Cornwall Insight, an energy consultancy, research, and analytics company, is pleased to announce that it has advised Still Waters Green Technology (SWGT) to secure the £12m non-recourse Phase One Financial Close with Santander UK. The deal was announced in November and will see a 30MW utility-scale battery storage project built...
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Press Releases
Electrifying your fleet? We look at three battery electric vehicles
We conducted research into the Society of Motor Manufacturers and Traders (SMMT) vehicle registration data. We found that Battery Electric Vehicles (BEVs) in 2020 have already grown 76.1% on the whole of 2019. Katie Hickford, our Analyst said that during COVID-19 lockdown there has been a backlog of already ordered...
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Press Releases
Competition for flexible asset PPA deals on the rise
The capacity of non-traditional flexible generation technologies is increasing substantially in GB, and in parallel, the market for trading and optimising such assets continues to develop. Cornwall Insight’s latest research shows there is ~10.8GW* of operational flexible capacity across front-of-the-meter gas and diesel engines, battery storage, Open Cycle Gas Turbines...
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Media Mentions
Engerati | Flexible asset PPA deals
Our research from our Flexible asset PPA market report showing that there is currently around 10.8GW of operational flexible capacity in the GB market featured in Energrati. The number of market participants that are providing PPA/optimisation deals is also growing. Currently, there are more than 20 offtakers (broadly defined as...
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Media Mentions
Smart Energy International | Could COVID-19 positively impact future EV sales?
Our research into the Society of Motor Manufacturers & Traders (SMMT) vehicle registration data shows battery electric vehicles in 2020 have already grown 76.1% on the whole of 2019. During COVID-19 lockdown there has been a backlog of already ordered vehicles that will have contributed to this increase. It is...
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Press Releases
Increasing value for battery storage to shift generation
The Federal Government announced last week that they would step into the electricity market to build up to 1,000MW of gas-fired generation to fill the gap left by the Liddell Power station for the 2023-24 summer unless the market can demonstrate final investment on dispatchable power by 2021. Since then,...
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Media Mentions
ECAtoday | Batteries on the grid
Our figures showing that between June and August 2020, the National Grid Electricity System Operator’s (ESO) reliance on battery storage to balance the grid rose by 150 per cent was featured in ECAtoday What is most interesting is the technologies that have been providing these balancing actions to the ESO.Newer...
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Media Mentions
PowerTechnology | Batteries see 149% increase in the BM
Our ‘Balancing Mechanism report’ has found that accepted volumes in the Balancing Mechanism (BM) from identified batteries, gas reciprocating engines, and aggregated units across June – August 2020 have all increased, This research was featured in PowerTechnology. It is no surprise that the BM experienced a notable increase in activity...
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Press Releases
Batteries see 149% increase in Balancing Mechanism activity
Research from Cornwall Insight highlights that there are significant changes in the technology type that has been providing balancing actions to the National Grid Electricity System Operator (ESO), with activity from newer asset types seeing the greatest year-on-year increase. Accepted volumes in the Balancing Mechanism (BM) from identified batteries, gas...
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Media Mentions
Fleet News | BEV registrations
Our research showing the government’s decision to introduce zero benefit-in-kind-tax for battery electric vehicles is having a positive effect on BEV registrations was featured in Fleet News. Resilient demand for BEVs appears to be driven by four key factors.From April 6, changes to the benefit-in-kind company car tax means zero...
