Power Purchase Agreements

  • Energy storage and flexibility

    Five key trends from the flexible asset PPA market

    On 20 May, we published our sixth edition of our Flexible Asset PPA Market report. This is our biannual survey and analysis of the Power Purchase Agreement (PPA) market for flexible assets in GB, seeking to understand the market size, active offtakers and optimisers in the space, latest market trends,...

  • Commercial and market outlook

    Perspective | Is the design of the electricity market costing consumers money?

    This article is from our Energy Spectrum publication which was published on 4 March 2022. It has become increasingly clear the existing market design is unfit for either a future net zero world or a period of fossil fuel price crisis, but what market design might be best for our...

  • Energy storage and flexibility

    Unlocking routes to market

    On 19 January 2022, a webinar hosted by Cornwall Insight in partnership with the law firm Weightmans focused on routes to market for renewable projects that may not secure a contract during the fourth allocation round of the 'Contracts for Difference' (CfD) auction, which opened in December 2021. In the...

  • Net zero corporates and ESG

    More details required for large-scale solar rollout in EU

    Last week, our 'Financing net zero forum' gathered to discuss the role of private capital for the next wave of solar across Europe. Joining the meeting chair, Cornwall Insight's Daniel Atzori, were our guest panellists from a leading developer and the Global Infrastructure Investor Association (GIIA). With the European Commission...

  • Energy storage and flexibility

    Investor optimism sparks PPA competition

    In recent months, Cornwall Insight has issued several of our regular subscription reports from our PPA Insights Service covering both renewable and flexibility Power Purchase Agreement (PPA) markets, namely the Green Power Forecast, Renewable PPA Market Share and Flexible PPA Market reports. As part of these reports, we conduct surveys...

  • Low carbon generation

    Cornwall Insight and the UK EfW market

    As the UK has continued its evolution towards decarbonisation, one of the lesser talked about success stories has been in energy from waste (EfW).  EfW in the UK has grown to around 50 operational plants processing around 12mn tonnes of residual waste (but with capacity to potentially process nearly 14mn...

  • Energy storage and flexibility

    Five things we learned in our new Flexible PPA Market Report

    Cornwall Insight has been examining the fast-developing market for flexible asset Power Purchase Agreements (PPAs) with a new report, The Flexible PPA Market Report, specifically launched to cover this. Through our leading market research and regulatory expertise, complemented by in-depth discussions with a range of market participants, the report encapsulates...

  • Low carbon generation

    Subsidy-free PPAs: Hostage to fortune or stable platform

    Our most recent Market Share: A Survey of the Renewables Market Power Purchase Agreements (PPAs) shows that around 25GW of renewables projects access the wholesale market via an offtaker. An additional 5GW of flexible assets (i.e. gas and diesel peakers and storage) are likely operating under PPAs too, which is a view...

  • Low carbon generation

    Make my dreams come true: Ireland and Corporate PPAs

    Corporate Power Purchase Agreements (CPPAs) are very much in the news both internationally and in the Irish market. Amazon’s recent announcement of Ireland’s first unsubsidised CPPA, an agreement with the proposed 91.2MW Meenbog wind farm, is an exciting development. This deal follows the 4 February 2019 letter from Minister Bruton...

  • Low carbon generation

    Cornwall Insight: evaluating drivers of low-carbon investment in a subsidy free world event

    On 17 October 2018 Cornwall Insight hosted a successful and well attended event where the future of support for renewable power generation, against the backdrop of the significant gap between current deployment levels and what must be delivered to meet decarbonisation goals, was discussed. Cornwall Insight experts discussed how although...

  • Low carbon generation

    Paradise Lost: The changing face of Embedded Benefits

    Current electricity market arrangements give rise to the concept of “embedded benefits”. These are predominantly supplier costs that are reduced or avoided via contracting with small-scale generation connected at the distribution network level instead of the national transmission system. Distributed generation does not generally attract charges for using the national...

  • Low carbon generation

    More Than a Feeling: Emerging Trends in the PPA Market

    Earlier this year we published a blog exploring the options for imbalance risk allocation within I-SEM Power Purchase Agreements (PPAs). In this, we explained that generators would be inclined to pass the full risk of imbalance to offtakers. This was due to their relevant market experience and the need for...

  • Low carbon generation

    The case for a floor price CfD

    There is much interest across the sector at the moment that ‘subsidy-free’ investment could call forward significant renewable generation capacity. We have previously cautioned that the outlook for wholesale power prices challenges these assertions. Our Wholesale Power Price Cannibalisation paper detailed how the value earned from wholesale power is going to become...

  • Low carbon generation

    PPA market interviews: 5 key trends in the renewables market

    As a part of Cornwall Insight’s Green Power Forecast report, we interviewed a number of suppliers, offtakers and generators in the market to identify key trends in the renewables Power Purchase Agreement (PPA) market. Here we detail five key trends that came from our interviews and research. The PPA market...