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demand
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Media Mentions
Times| Households paid to cut energy
Prior to the 'Demand Flexibility Service' being activated, our Senior Modeller Tom Edwards spoke with The Times about the rising energy demand in winter and the worries surrounding insufficient wind output to meet the additional energy requirements. Times
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Media Mentions
Independent| LNG Imports
Following the release of Cornwall Insight's paper 'The shifting sands of Liquified Natural Gas in Europe' our Senior Analyst Matthew Chadwick spoke in the Independent on why surging LNG demand in Asia, could leave Europe open to potential gas shortages. Independent
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Press Releases
European gas shortages to keep wholesale prices high this winter and next
New modelling from Cornwall Insight included in our report - ‘Another winter of discontent?’ - has shown wholesale gas prices this December have more than doubled since November and are significantly higher than this time last year. The report forecasts this trend could continue throughout the winter and beyond (Figures...
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Press Releases
Electricity demand close to outstripping supply during unprecedented heatwave
Research from Cornwall Insight has shown that electricity system margins in Great Britain (GB) were very tight during the record-high temperatures seen earlier this week, with demand very close to overtaking supply. National Grid’s 1-hour forecast for de-rated margin (the difference between available generation and demand) was negative for two...
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Press Releases
Hydrogen demand predicted to grow to 10TWh in 2030
UK industry could see a low carbon hydrogen demand of ~10TWh in 2030, increasing to up to 37TWh by 2050. According to a new report from Cornwall Insight, Industrial decarbonisation key for UK low carbon hydrogen. The insight paper examines industries that currently consume hydrogen or have the potential to...
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Press Releases
EVs are predicted to increase electricity demand by 71.6TWh
The latest figures from Cornwall Insight’s ‘Benchmark power curve’ forecasts that by 2040 EVs will contribute an additional 71.6TWh, this is a massive 31 times higher than the current level of demand for electricity from electrified transport and 25% of current annual demand which stands at 299TWh (excluding losses). According...
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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
Bloomberg | UK EV demand
Our thoughts on EV demand and how it would boost the whole EV supply chain was featured in Bloomberg today. Discussing the phase-out of fuel cars completely Jacob Briggs said that this would be positive signal for EV investment The increasing EV demand is a positive signal for the whole...
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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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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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Media Mentions
Energy Live News | UK energy demand
James Brabben Wholesale Manager spoke to Energy Live news about the gradual rise in energy demand back up towards 2019 levels since July . He attributed the rise in demand for a few reasons. This includes the relaxing of lockdown measures and businesses opening back up. As well as the...
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Media Mentions
Express | Plug-in car grant
Katie Hickford a an analyst spoke to the Daily Express about the car tax changes introduced in March 2020 which have boosted uptake on electric vehicle changes. Katie explained that the car tax changes provided an “incentive for businesses” to offer electric vehicles to staff. She also revealed that changes to...
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Media Mentions
Air Quality News | EV sales
Katie Hickford commented on Electric vehicle (EV) sales reaching record levels during lockdown in Air Quality News. From 6 April, changes to the Benefit in Kind company car tax means zero-emission vehicles pay no tax in 2020-2021, providing an incentive for businesses to transition their fleets.Also, there have been changes...
