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generators
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Press Releases
Co-location of energy could significantly cut the cost of expanding renewables
A new report from Cornwall Insight and national law firm Weightmans on the co-location of energy assets, entitled “Co-location, co-location, co-location”, has laid out the significant cost savings of using one grid connection for multiple renewable generation or storage assets. The report outlines how co-location could incentivise the development of...
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Press Releases
Imposing a windfall tax on renewables generators would be disproportionate to profits
The share price data of Oil and Gas companies (O&G), large electricity generators (GenCos), and Listed Renewable Funds, analysed by Cornwall Insight, has shown extending the windfall tax to include renewable generators would be disproportionate and unfair given the difference in profit. Cornwall Insight have also warned the impact of...
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Media Mentions
Times| Power plant gas subsidies
Our CEO Gareth Miller spoke in the Times on how providing subsidised gas for power stations could reduce energy bills by billions of pounds. With most interventions in the energy market looking at energy retailers, changes which looked at generation had been left out of the discussion, however they have...
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Press Releases
Smaller businesses could cut bills and their carbon footprint by teaming up to purchase their energy
Data from Cornwall Insight, included in their insight paper ‘A corporates guide to decarbonising power’ has shown that small and medium sized enterprises (SMEs) looking to save money on energy bills, and increase their use of renewable energy, could save money by purchasing their energy jointly with other SMEs through...
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Media Mentions
City AM| Windfarms delay contracts
Data collated by Cornwall Insight showed that offshore windfarms delaying the start of their CfD contracts with the government, could have made significantly greater profits since the start of 2022. Analyst Lee Drummee, spoke in City AM on why allowing for conscious delays from developers could be harming returns the...
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Press Releases
Cornwall Insight Australia’s response to the suspension of the east coast National Electricity Market
On 15 June the Australian Energy Market Operator (AEMO) made the decision to suspend the east-coast National Electricity Market (NEM). This was triggered by sustained high wholesale electricity pricing, which forced AEMO to cap the wholesale price, in turn prompting generators to withdraw capacity from the market. The suspension allows...
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Press Releases
Renewable generator revenues fall due to COVID-19 lockdown
Research from Cornwall Insight’s Green Power Forecast reveals there has been a sharp decline in generator revenues. Solar and wind technologies have been particularly impacted by low demand levels due to the COVID-19 lockdown. Solar PV captured prices were, on average, 8.4% and 14.9% below baseload levels in March and...
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Press Releases
Scottish wind farms called upon in the Balancing Mechanism
Management of wind resources is a critical tool for National Grid in dealing with system constraints, supply and demand imbalance and increasingly inertia*. Data from Cornwall Insight’s Balancing Mechanism (BM) Service highlights that wind was the first-most utilised renewable technology asked to turn down in the BM. Further analysis also...
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Press Releases
Cornwall Insight announces new Scottish Generation Forum at the All-Energy show
Cornwall Insight, the pre-eminent provider of research, analysis, consultancy and training to the utilities markets, will be announcing the dates and format of its new Scottish Generation Forum at the All-Energy event in Glasgow on 15-16 May. The new Scottish Generation Forum, to be first hosted on 28th May in...
