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wholesale
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Press Releases
Charge point operators facing uncertain future when government support scheme ends in April
The energy crisis has pushed up the price of charging electric vehicles (EVs) on the public network, leaving both rapid and ultra-rapid charging, on average, significantly more expensive than refilling a petrol or diesel car. The government’s Energy Bill Relief Scheme (EBRS) has brought a six-month reprieve to business customers,...
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Media Mentions
Montel | LNG supply
Craig Lowrey Senior Consultant at Cornwall Insight was quoted in Montel discussing LNG supply. The UK continues to face a severe lack of LNG amid still strong Asian demand for the fuel, resulting in growing concerns about gas availability and an inevitable surge in prices. Craig Lowrey, senior analyst at...
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Press Releases
Cornwall Insight comments on a month of Dynamic Containment
On the 1 October National Grid ESO launched its new frequency response service, Dynamic Containment. This is the first in a suite of new, faster-acting response services, designed to address significant deviations when they occur on the transmission system. The roll-out of this new post-fault response service aims to help...
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Media Mentions
Current | GB could become a net exporter of power by 2040s
Our modelling has predicted that Great Britain (GB) could become a net exporter of power to the continent by the 2040s. There is increased interconnection expected in the 2020s and 2030s between the island and the continent. And therefore, there will be more routes for excess offshore wind power to...
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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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Media Mentions
The Guardian | Energy bills cut
Robert Buckley commented the Ofgem's default tariff cap reduction has lowered after wholesale energy market prices tumbled during the coronavirus pandemic. He explained the difference between the costliest deals on the market and the cheapest stood at £562 at the end of last month, meaning a “notable gap will remain”,...
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Media Mentions
reNEWS | Price cannibalisation
We were asked to comment on price cannibalisation in ReNews today. c Price cannibalisation is the “depressive influence on the wholesale electricity price at times of high output from intermittent, weather-driven generation such as solar, onshore and offshore wind”. reNEWS
