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capacity
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Press Releases
Renewable merchant finance unlikely to lead to mass capacity additions
Merchant finance for renewables projects is unlikely to lead to mass capacity additions to the generation fleet, according to the latest insight paper from Cornwall Insight - Merchant renewables still face challenges. To gauge the market's temperature, Cornwall Insight surveyed 258 individuals across the industry on what type of merchant...
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Media Mentions
Renews | Pipeline in Scotland
Cornwall Insight's research showing Scotland has seen the largest increase in renewable pipeline capacity in the past year of all regions across Great Britain was highlighted in renews today. Central and southern Scotland and eastern England have seen the largest increase with 1003MW and 800MW of additional pipeline capacity added,...
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Media Mentions
Current | Demand for flexibility
More than 1.3GW of flexibility may be required across the UK’s electricity grid next year. Especially, as the country accelerates the transition to renewable energy. We predict that the dynamic service, which supports the network during faults, will need 636MW of flexibility by 2021. Distributed network operator (DNO) Western Power Distribution...
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Media Mentions
Reuters | Charging station
A study by Britain’s car lobby group in September estimated Britain alone will need 2.8 million public chargers by 2035. This will be at a cost of 16.7 billion pounds ($22.07 billion) versus less than 20,000 today. Jacob Briggs commented that the cost of connecting charging station depends on the...
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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
reNEWS | Wind capacity grows
Cornwall Insight research showing a total of 1300MW of new wind capacity could come online this winter in the UK was showcased in Renews New capacity anticipated this winter is almost wholly attributed to the Contracts for Difference scheme.Additionally, according to Cornwall Insight's Renewables Pipeline Tracker report, a further 400MW...
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Media Mentions
Current | GB could become a net exporter of power by 2040s
Our modelling has predicted that Great Britain (GB) could become a net exporter of power to the continent by the 2040s. There is increased interconnection expected in the 2020s and 2030s between the island and the continent. And therefore, there will be more routes for excess offshore wind power to...
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Media Mentions
Icon | 46GW required to meet targets
Forecasts from our ‘Benchmark power curve’ suggesting that up to ~46GW of new build renewable technology, ~11GW onshore wind, ~10GW solar and ~25GW offshore wind, may need to be developed by 2030 was featured in Icon. The net zero target is defining the shape of the future power market in...
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Media Mentions
S&P Global Market Intelligence | European wind developers
James Brabben Wholesale Manager at Cornwall Insight talked to S&P Global about the wind developers in Europe. He explained that 20 projects in the UK with a combined capacity of 665 MW have applied to either extend sites with additional turbines or replace existing machines with larger models. The time...
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Media Mentions
PowerTechnology | More renewable technology required
Research from our market and asset-level power price modelling service ‘Benchmark power curve’, predicting that up to ~46GW of new-build renewable technology ̶ ~11GW onshore wind, ~10GW solar, and ~25GW offshore wind may need to be developed by 2030 was featured in PowerTechnology today. The net zero target is defining...
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Press Releases
Forecasts show 46 GW increase of renewables technology capacity required by 2030
Forecasts from Cornwall Insight’s ‘Benchmark power curve’ suggests that up to ~46GW of new build renewable technology ̶ ~11GW onshore wind, ~10GW solar and ~25GW offshore wind ̶ may need to be developed by 2030 to keep pace with 2050 net zero targets. This large-scale deployment of very low/zero marginal...
