emissions

  • Announcement

    What are Australia’s emissions reduction targets?

    From Cornwall Insight Australia's Energy Market Alerts service Energy laws have now been amended to incorporate an emissions reduction objective alongside the other objectives. The list of targets that the market bodies will need to consider is listed in a separately published Targets Statement. The targets currently listed cover both...

  • Announcement

    Energy prices tumble in October

    From Cornwall Insight Australia’s NEM Market Analysis report With over 700 GWh of rooftop PV added to the NEM since October last year, records were again set in NEM minimum demands along with a high instantaneous renewable penetration within the grid of 71.4%. Once again, the month’s main story was...

  • Announcement

    Emissions intensity drops for October 2023

    From Cornwall Insight Australia’s NEM Market Analysis report This October saw a 12.6% reduction in total emissions (accounting for -1.18 Mt CO2-e reduction) as solar and wind generation has increased significantly. The reduction in emissions may continue with the arrival of Fly Creek and Rye Park wind farms expected soon...

  • Net zero corporates and ESG

    Get ready for climate risk reporting?

    On 30 April we released the latest copy of our Energy net zero. The publication takes an in-depth look at the UK's transition to a low carbon economy. The below is an extract from our Energy Perspective on Task Force on Climate-related Financial Disclosure (TCFD). The article was originally published in the...

  • 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...

  • Energy storage and flexibility

    The future of power prices: Black swans and dragon kings

    Understanding the long-term trajectory of the wholesale market is critical to new generation assets and their investment viability. Here at Cornwall Insight, we support market participants in assessing the potential outlook for wholesale power markets through our long-term market Benchmark Power Curve service. We’ve just updated our latest curves out...

  • Low carbon generation

    Renewable energy hoped to be at the core of a post-COVID-19 economic recovery

    Transitioning energy systems towards net zero by the mid-century could lead to cumulative global GDP gains of US$98tn (£79tn) over the next three decades compared to a “business-as-usual” trajectory, according to a report published in April by the intergovernmental organisation, International Renewable Energy Agency (IRENA). As per the Global Renewables...

  • Commercial and market outlook

    Editor’s Pick Ireland | SEAI: Transport takes the largest share of energy in Ireland

    Energy-related CO2 emissions fell by 1.2% in 2018, according to the latest publication of Energy in Ireland, an annual report by the SEAI which presents the key trends in energy production and consumption. Published on 12 December 2019, the report shows how Ireland's energy system is evolving in response to...

  • Low carbon generation

    Does net zero mean zero gas?

    The electricity industry has been experiencing fundamental change for the past decade, during which time structural changes to the gas industry have been rather more limited. However, this will have to change in the coming years as the move towards net zero sees decarbonisation intensify. Few would dispute that the...

  • Low carbon generation

    Ireland’s Climate Action Plan – closing the carbon gap

    On 17 June, Ireland’s Department of Communications, Climate Action and Environment (DCCAE) published the Climate Action Plan 2019. The report sets out cross-sector objectives aimed at reducing the nation’s carbon emissions. In this week’s blog, we look more closely as to how this may be achieved. Click here to view full...

  • Commercial and market outlook

    Rocket man: powering up the white paper

    On 17 June 2019 our CEO Gareth Miller spoke on the panel at a joint event with law firm TLT on Clean Energy Growth. Many of the key themes set out by Gareth were echoed in this week’s Energy Spectrum, in which he discussed the government’s decision last week to...

  • Low carbon generation

    Danger Zone: Ireland’s emissions pathway

    The Department of Communications, Climate Action and Environment (DCCAE) released the terms and conditions for the Support Scheme for Renewable Heat (SSRH) on 7 August. DCCAE has recently been active in the environmental space, announcing the following since the beginning of June: €500 million Climate Action Fund; Sectoral Planning Guidelines...