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Feed-in Tariff
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Home supply and services
COVID-19-driven changes to electricity Third Party Charges
The impact of COVID-19 on the energy sector has been a hot topic for the last few months. As we progress further into the UK’s lockdown period we are now beginning to piece together the wider picture of effects across energy Third Party Charges (TPCs). These impacts are expected to...
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Energy storage and flexibility
FiT costs to reach all-time high amid COVID outbreak
Energy Third Party Charges (TPCs) have certainly been in the limelight recently, and rightly so as less consumption from non-domestic sectors is resulting in a greater recovery of money from domestic households amid the COVID-19 outbreak. Several measures have been taken to date to protect domestic suppliers and consumers from...
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Home supply and services
From “what if?” to “what now?”
As the UK begins its third week of lockdown, the nation’s energy sector continues to wait to see whether there will be any economic or financial support targeted specifically at end users, suppliers, network operators and fellow participants alike. Immediate issues for end users include their ability to pay their...
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Energy storage and flexibility
Storage story: a regulatory run-down
While electricity storage has long been recognised as a crucial solution to mitigating the drawbacks of some types of renewable generation, it has taken some time for the regulatory and charging framework to catch up. It has taken years, but recent progress on the licensing and exemptions from some final...
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Regulation and policy
Principles-based SEG-ulation
The Smart Export Guarantee (SEG) went live on 1 January 2020. While billions around the world were welcoming in a new decade, new obligations meant that from that moment all suppliers with over 150,000 domestic electricity customers had to have a SEG compliant tariff. A SEG compliant tariff, simply put,...
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Home supply and services
Smart export guarantee
This summary outlines Cornwall Insight’s response to BEIS’ January consultation on the Smart Export Guarantee (SEG). It expresses support for the broad thrust of the SEG proposals and identifies key issues for further consideration. Overview The proposals set out in the 8 January document The Future for Small-scale Low-carbon Generation...
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Low carbon generation
FiTting up RO mutualisation?
There is no official announcement so far about whether all suppliers have now paid their 2017-18 Renewables Obligations (ROs) in full. Reports in the press today state that one supplier has not paid £14.4mn it owes to the late payment fund, and is in merger talks with another medium-sized supplier....
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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
Insights from the latest Energy:2030
Perspective In this issue we look at the community energy sector. We focus on possible impacts of the end of Feed-in Tariff (FiT) subsidies in the UK and call for retention of a guaranteed route to market for small-scale renewable generation, at least until levelised costs fall further and necessary...
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Low carbon generation
Wholesale price “cannibalisation effect” puts economics of renewables at risk
Our research has revealed that as capacity and output from solar and windfarm projects increases in coming years, the “cannibalisation effect” is set to lower wholesale power prices to the extent that by the 2030s it could put at risk the viability of future renewables. With the withdrawal of government...
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Low carbon generation
Q118 FiT costs confirmed at £290mn
Suppliers were invoiced for Q118 (January – March) Feed-in Tariff levelisation on 25 April, confirming total scheme costs for the quarter at just under £290mn. This consisted of £281.7mn in generation payments, £7.7mn in deemed export payments and £0.3mn in qualifying costs that help cover the supplier cost to administer...
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Low carbon generation
Five take aways from our FiT Forecast
The Feed-in Tariff (FiT) scheme could once again find itself in the limelight of the energy sector later this year as the government is due to issue a consultation reviewing the scheme. Here we look at five key take aways from our latest FiT Cost Forecast, including details of what...
