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technologies
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Media Mentions
Insight Energy | 17GW potential for CfD AR4
Our 'Renewable Pipeline Tracker service' which examined the potential capacity that could enter the Contract for Difference Allocation Round 4 was featured in Insight Energy today. Recent announcements by BEIS have confirmed the CfD AR4 auction will take place in 'late 2021' and will look to procure up to double the ~6GW seen...
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Media Mentions
Riviera | CfD pipeline
Our CfD pipeline predictions featured in Riviera. Our figures show the total 17 GW eligible, almost half (7.9 GW) is offshore wind. The rest is 7.6 GW of ‘Pot 1’ established technologies and 1.4 GW of ‘Pot 2’ less established technologies. Recent announcements by BEIS have confirmed the CfD AR4...
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Media Mentions
ECAtoday | Batteries on the grid
Our figures showing that between June and August 2020, the National Grid Electricity System Operator’s (ESO) reliance on battery storage to balance the grid rose by 150 per cent was featured in ECAtoday What is most interesting is the technologies that have been providing these balancing actions to the ESO.Newer...
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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
Current | Costs of renewables fall
Tom Edwards, Senior Modelling Consultant at Cornwall Insight spoke to current on the costs of deploying renewable electricity continuing to fall. He explained how the figures also show that hurdle rates for solar and wind have come down since the 2016 report, “while hurdle rates for traditional thermal technologies remain...
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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
Average energy prices decreased by 46% in Q1 2020 compared to 2019, but peaks are up
Research from Cornwall Insight Australia shows that on average energy prices declined significantly in Q120 compared to 2019 – averaging a decrease of ~46% across the NEM. In fact, in Q120 New South Wales (NSW) was the only region where prices were higher (on average) than Q119 (only Victoria (VIC)...
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Press Releases
How to get households involved in grid balancing
The energy industry has already been looking at how households will be supported in their participation in demand-side services. This area has traditionally been the domain of large commercial customers. However, the current situation of low energy demand and high renewable generation has brought the need for flexible household consumption...
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Press Releases
Energy connected homes services set for substantial growth
The market for connected home* devices is set to grow substantially over the next five years. Research from Cornwall Insight’s new Connected Homes Insight Service has identified increasing levels of entry and investment, with rates of entry more than doubling over the last decade. Both start-ups and established companies, including...
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Press Releases
Over 50,000 smart meters would need to be installed every day to meet target
Although the smart meter rollout deadline is just 18-months away for the domestic energy market, the install rate is declining. In fact, Cornwall Insight’s Domestic Smart Metering Market Report recorded a drop in the number of smart meters being installed for the last three quarters. As a result, Cornwall Insight’s...
