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net zero
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Media Mentions
reNEWS | Support for green tariffs
Our latest research has revealed that 38% of UK consumers claim to have renewable energy tariffs for their homes. Additionally, just over half (51%) expect to choose these the next time they change tariff. In partnership with Alpha Real Capital, the survey found 26% of respondents are prepared to pay...
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Press Releases
Cornwall Insight comments on the Energy White Paper
Commenting on the government's release of the Energy White Paper, which sets out plans to decarbonise the UK's energy system, Gareth Miller, CEO of Cornwall Insight, said: “The Energy White Paper maps out the biggest change to the energy markets since the Electricity Act of 1989. Many of the headlines...
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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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Media Mentions
Current | Ten Point Plan
Robert Buckley Head of Relationship development shared his thoughts on the Prime Minister's ten-point plan. The energy industry and its customers have desperately needed clarity on how the government intends to meet its net zero goal. The Prime Minister’s announcement lays the scene for some big industry changes, and now...
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Media Mentions
Energy Monitor | Investment flows
Daniel Atzori Research Partner at Cornwall Insight discussed foreign direct renewable energy investment with Energy Monitor These numbers are certainly impressive, though not entirely surprising. Through its EU Green Deal and Recovery Fund, the bloc has shown a remarkable degree of commitment to the transition towards a climate-neutral Europe by...
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Press Releases
Electricity generation is transforming with net zero. Does power market design need to do the same?
The decarbonisation of the power sector is accelerating through the rapid expansion of low marginal cost renewable generation. As a result, the current electricity market design and the marginal price-based determination of the price of power risk acting as an ever-growing barrier to investment needed to fulfil the net zero...
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Media Mentions
Renewable Energy Magazine | Market design
Issues around the current electricity market design acting as a barrier to investment are explored in our latest insight paper – The net zero paradox: Challenges of designing markets to bring forward low marginal cost resources and featured in Renewable Energy Magazine. Inevitably, as we head closer towards a net zero...
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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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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...
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Media Mentions
Energy Global | Hydrogen and net zero
Our research on hydrogen and net zero was featured in Energy Global today. Speaking on the topic Lee explained that the total energy input needed for hydrogen production ranges from 190 TWh in Consumer Transformation to 736 TWh in System Transformation. The difference represents the potential scale of hydrogen use...
