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EV
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E-mobility and low carbon
Another one bites the dust: Plug-in car grant ends
Last week the government announced the plug-in car grant scheme for electric vehicles (EVs) closed, having previously confirmed funding until 2022-23. Why? Well, the government stated it would allow it to concentrate funding towards what it called the main barriers to the EV transition, including public charging and supporting the...
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E-mobility and low carbon
EV Charge Points
As part of the Climate Action Plan, Ireland has committed to having nearly one million electric vehicles (EVs) on the road by 2030. To help encourage the uptake of EVs, a number of incentives have been put in place such as tax subsidies and generous grants toward the purchase of a new or...
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E-mobility and low carbon
EV Demographics: Urban vs. Rural
From a weather and geography standpoint, Ireland is an excellent country for an electric vehicle (EV) takeoff. It is a small island; there is partial national ownership of electrical supply; the climate is relatively mild; and the landscape is EV friendly (there is no major mountain pass or tough terrain through which people must cross). Additionally,...
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Net zero corporates and ESG
Major energy policy and regulatory changes discussed in our December Net Zero Business forum
On 10 December 2020, Cornwall Insight hosted its Net Zero Business Forum. Held four days before the release of the UK government’s Energy White Paper, the focus was on the Prime Minister’s 10-point plan, the Spending Review and the National Infrastructure Strategy. Head of Relationship Development Robert Buckley and Head...
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Business supply and services
A look back at 2020 part 3
As we take our first steps into 2021, we continue to look back at the biggest developments in the UK energy markets in 2020, setting us up for the significant year ahead. The mergers and exits from the supply market that were seen in 2019 continued into 2020 and led...
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Announcement
Cornwall Insight supports Zenobē Energy on a £150mn equity capital raise
Cornwall Insight, an energy consultancy, research, and analytics company, is pleased to announce its role in providing support Zenobē Energy secure a £150mn equity capital raise from Infracapital. The deal was announced on 13 November 2020, and the funding will be used to support the growth of Zenobē Energy’s grid-scale...
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E-mobility and low carbon
New service shows Electric Vehicles role in net zero
As the ban of petrol and diesel vehicles looks set to be brought forward from 2040, electric vehicles (EVs) are increasingly the focus of the UK’s net zero journey. Last week the Labour party joined calls to bring the sale ban of new internal combustion engine (ICE) and hybrid vehicles...
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E-mobility and low carbon
UK plans EV recovery
As the UK plans its recovery from the COVID-19 pandemic, the energy and electric mobility sectors are set to play a key role in delivering economic rehabilitation centred on net zero. Here we discuss the outlook for the electric vehicles alongside recent policy actions made specifically to aid the sector...
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E-mobility and low carbon
Tesla builds capacity across the energy value chain
In May, Tesla released details of its Autobidder platform, which can aggregate and optimise assets down to the behind-the-meter domestic scale for wholesale trading and grid services. The platform has already been utilised at a site in South Australia and is now available for generators and suppliers in GB. Tesla...
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E-mobility and low carbon
EV sales defy the market
The spread of COVID-19 in the UK triggered a lockdown which severely impacted vehicle sales in March. Car sales fell 44.4% compared to the same month a year earlier and for the year-to-date are down 31.0%. The primary reasons for this decline appear to be the closure of car dealerships,...
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Regulation and policy
Getting it done? What the Budget means for energy and clean growth
New Chancellor Rishi Sunak has delivered his first Budget after less than a month in the job. On areas such as the living wage, growth and investment, Sunak said again and again that the government is “getting it done!” However, there was relatively little news in the speech on what...
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Announcement
2019: a year of firsts for Cornwall Insight
This Christmas, our CEO, Gareth Miller has taken a look at how much the team has achieved during 2019. It has been a year of many firsts for us, some of which are highlighted in our infographic below. DOWNLOAD THE INFOGRAPHIC HERE For this year's Chart of the Week highlights: The top...
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E-mobility and low carbon
EVs meet the electricity market: clear road or bumps ahead?
Cornwall Insight partnered with international law firm Gowling WLG to host a joint half-day seminar on 13 November 2018 to inform the developing debate on electric vehicle (EV) and electricity market synergies. Over 50 attendees heard from a diverse range of experts on how transport electrification at scale can be...
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E-mobility and low carbon
Suppliers drive forwards on EVs
EDF, E.ON and ScottishPower have, in the past month, announced significant commitments to electric vehicles (EVs). These suppliers join a growing list of energy players that have made moves in the rapidly evolving EV space. On 10 October, EDF officially launched its Electric Mobility Plan to become the leading e-mobility energy company...
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E-mobility and low carbon
Driven to Disruption – Electric Vehicles accelerating need for energy market change
From being at the margins only a few years ago, the decarbonisation of transport is moving centre stage for the energy industry. With transport emissions now accounting for more UK greenhouse gas emissions that the power sector, the reason is clear to see. Our Driven to Disruption paper explains and evaluates the...
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Commercial and market outlook
In this month’s Energy:2030
In this month's Energy:2030 In the fifth edition of Energy:2030 we summarise some key learnings from an excellent new book edited by our collaborator Fereidoon Sioshansi of Menlo Energy Economics, titled Innovation and Disruption at the Grid’s Edge. The book, which delves into how distributed energy resources are disrupting the utility...
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E-mobility and low carbon
Ireland failing to get out of first gear on EV deployment
There are increasing potential benefits that the mass-rollout of electric vehicles (EVs) will bring globally and in particular markets. Not only will they help to reduce emissions from the transport sector they also could offer potential solutions to grid balancing in the form of mobile battery storage and so-called “vehicle...
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Commercial and market outlook
This week’s Energy Spectrum overview | 16 April 2018
In this week’s Energy Perspective, we review the BEIS consultation on the next phase of the Energy Company Obligation (ECO3). We argue that although at first glance proposals for ECO3 give the impression that it is business as usual, there are some key changes taking place going into this next...
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Home supply and services
Digitalisation increasingly key part of supplier strategies
Spark and EDF Energy were the latest to make big moves towards digitalisation last week, as an increasing number of suppliers look to capitalise on the potential cost savings and improved customer experience offered through the integration of “self service” platforms. Both suppliers now boast chatbots which can act as...
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E-mobility and low carbon
Energy suppliers race to establish electric vehicle propositions
Electric vehicles (EVs) have received significant policy attention recently, particularly around establishing charging infrastructure to support their continued development. On 10 January the government published its Automotive Sector Deal, which confirmed support for EVs through £400mn of investment in charging infrastructure. Whilst BEIS reported that just five councils have made...
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Announcement
Tony Ward | 12 days of Christmas
Our 12 Days of Christmas series is timed to coincide with issue 600 of Energy Spectrum. It commemorates 12 years of our weekly publication, which first debuted in 2005. It offers perspectives from senior industry figures on the past 12 years and discussion on where the energy market could be...
