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Brexit
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Regulation and policy
Answers to some FAQs about Brexit
Following the end of the transition period on 31 December 2020 and the signing of the Trade and Cooperation Agreement, aspects of the relationship between UK and the EU in respect of the arrangements for energy trading and cooperation have changed. We set out answers to some Frequently Asked Questions...
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Commercial and market outlook
A look back at 2020
As we take our first steps into 2021, we look back at the biggest developments in the UK energy markets in 2020, setting us up for the significant year ahead. As 2019 turned into 2020, we were still waiting for the Energy White Paper (EWP), a document which had been...
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Low carbon generation
Analyse thy neighbour: Interconnectors and their importance to future power prices
Whilst we build towards 2021 and post-Brexit energy markets, focus has been applied to how we in GB strive towards net zero ambitions with a more independent policy agenda. However, regardless of future trading arrangements, interconnectors with EU nations will continue to play a pivotal role in driving wholesale power...
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Announcement
Celebration: Cornwall Insight wins second FT award
Tom Palmer, our managing consultant, discusses our recent success of achieving a bronze award for consulting from the Financial Times for the second year running. Last week we discovered that for the second year running we have been rated in the top 20 Management Consultants for Energy, Utilities and Environment...
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Commercial and market outlook
Cornwall Insight’s Brexit considerations for the energy sector
The Supreme Court ruling on the prorogation of Parliament has re-focused attention on the UK’s stated departure date from the European Union of 31 October. Across the country and throughout the economy, businesses are trying to determine what the various scenarios associated with Brexit mean for them and the respective...
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Commercial and market outlook
Five things we learnt from Energy Spectrum | Issue 653
We present five key themes and findings from this week’s edition of Energy Spectrum issue 653 The commissioning of the 1GW NEMO link interconnector, linking the GB power market to Belgium, on 31 January marks the start of a potential wave of new development that could see total cross-border capacity...
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Low carbon generation
Old friends: the hidden good side of the EU
As uncertainty around Brexit continues, it is important to reiterate some of the work that the EU and European Commission (EC) carries out behind the scenes of the energy industry. In particular, this week we look at the EU Sysflex project, which is being led by EirGrid and SONI, having...
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Commercial and market outlook
2018: The Year of Living Dangerously
With 2018 having drawn to a close, the year saw another busy period in energy market activity and regulation, against the looming backdrop of Brexit. Cornwall Insight has compiled an annual overview, attempting to capture the highlights and main developments. We consider energy policy, networks regulation and retail and wholesale...
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Regulation and policy
Budget Alert 2018
Headlines Chancellor Philip Hammond delivered the government’s Budget on Monday 29 October. The principal changes are: Clarity on carbon pricing, with the CPS rate frozen and a no deal Brexit carbon price confirmedConfirmation of a rebalancing of Climate Change Levy ratesReform of Enhanced Capital Allowances to boost electric vehicle infrastructure...
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Commercial and market outlook
Energy Spectrum Overview
ENERGY PERSPECTIVE In this week’s Energy Perspective, we discuss the findings of an insight paper by Cornwall Insight’s local specialist sister company Pixie Energy. Published in response to the upcoming Feed-in Tariff (FiT) closure, the UnFiT for Purpose paper makes a case for securing a continuing route to market for small-scale renewable generation....
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Commercial and market outlook
Four insights into post-Brexit energy policy – the Known Unknowns
Tomorrow marks one year exactly until the UK’s membership of the European Union will lapse, and one year to the day since it formally filed notice under Article 50 to leave the bloc. Ever since the referendum result in June 2016 the energy sector has sought one thing above...
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Power and gas networks
With or without you – the Ireland and GB gas systems
On 1 March 2018 National Grid issued a Gas Deficit Warning (GDW) for the GB market due to the predicted supply and demand imbalance. Ireland can hardly be a passive observer when it comes to the GB gas market given the interconnection and market flows. The Island of Ireland and...
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Commercial and market outlook
This week’s Energy Spectrum overview
Energy Perspective This week’s Energy Perspective explores BEIS’s latest Energy and Emissions Projections (EEP) published in January 2018, uncovering what the forecasts can tell us about the shifting official view of the energy systems of the future. We focus on the changes since the last EEP’s publication. We highlight how...
