Coal

  • Press Releases

    Germany to miss coal phase-out target by eight years

    Germany's energy system is not expected to fully retire coal until the end of 2038 according to new projections. This challenges the coalition government’s commitment to phase-out coal by the end of the decade. The modelling, from Cornwall Insight’s North West Europe Benchmark Power Curve, casts doubt on Germany’s energy...

  • Press Releases

    Average power prices to remain elevated for the next three years

    Data from Cornwall Insight Australia’s Benchmark Power Curve (BPC)1 has forecast that from 2026, power prices in a neutral/base scenario will be, on average, ~$60-$100/MWh across all states in the National Electricity Market (NEM). This aligns with ~$40-80/MWh levels seen during 2021. The BPC has, however, forecast that the annual...

  • Media Mentions

    The Daily Telegraph | High prices see coal plants on system

    Joe Camish, Senior Analyst at Cornwall Insight, commented about the high wholesale energy prices in the market as power prices surged to more than four times their average level. Regarding the future of wholesale prices, Joe said that GB would have to rely on older thermal assets to help ease...

  • Press Releases

    Wind generation’s share of non-coal merchant revenues increased 30% in three years

    The energy transition is having a significant effect on merchant revenues for different generation types across the NEM. Research from Cornwall Insight Australia suggests wind generation captured almost half of the total spot market revenues in New South Wales (NSW) last quarter, accounting for more than gas and hydro’s share...

  • Media Mentions

    The Guardian | National Grid using coal

    Tom Edwards commented on National Grid using a coal-fired power station for the first time in 55 days in The Guardian today. I feel solidarity with the power stations finding it too hard to do anything today.Tom Edwards, Senior Modelling Consultant The Guardian

  • Press Releases

    Renewable energy transition in New South Wales needs to gather pace significantly

    Research from Cornwall Insight Australia highlights that the energy transition in New South Wales (NSW) over the next decade will need to gather pace significantly. The below graph shows that renewables have contributed an average of ~10% of total generation in NSW in the last four years. Over that same...

  • Press Releases

    Peat offsets no-coal in Ireland’s drive for greener generation

    According to data supplied by ENTSO-E, Ireland saw a total of 30 days without coal-fired generation on the system. This will aid Ireland’s progress in meeting its green ambitions. However, the latest research from Cornwall Insight Ireland shows that the presence of peat on the system may have offset some...