renewable energy

  • Low carbon generation

    Blowin’ in the Wind: Is offshore wind the answer to Ireland’s net zero future?

    As Ireland works towards achieving net zero by 2050, there is a pressing need to develop additional renewable energy capacity. Offshore wind is likely to be a particularly important sector and, thanks to Ireland’s large offshore exclusive economic zone, presents a valuable opportunity for the Irish economy. Cognisant of this...

  • Regulation and policy

    Calm after the storm although transition begins to lag | 2023 year in review

    This year saw a return to relative calmness after the energy shocks of last year, while governments are playing an increasing role as the rate of new renewable generation lags. Spot pricing was subdued compared to last year, with no significant unexpected outages that caused sustained price spikes. Higher levels...

  • Announcement

    New South Wales REZ outlook

    From Cornwall Insight Australia's Energy Market Perspective Our quarterly Energy Market Perspective contains an analysis of indicative capacity at REZ zones throughout the NEM.  The following assessment for NSW is from our latest edition. Request Energy Market Perspective call back The strategic development of Renewable Energy Zones (REZs) in New...

  • Announcement

    Latest Marginal Loss Factor (MLF) forecasts

    Cornwall Insight Australia recently launched our Marginal loss factor (MLF) curve subscription insight service. The MLF curve provides future projections of MLF throughout the NEM, allowing clients to be better informed of likely MLF trajectories for both current projects and be able to benchmark MLFs for projects under development. The...

  • Low carbon generation

    De-risking renewable development: CI RESS Model inspires policy changes in RESS 3 T&Cs  

    Last year, we partnered together with Wind Energy Ireland (WEI) to produce a report titled “Improving Revenue Certainty and Risk Allocation for New Renewable Generators”, which explored potential auction policy changes for the RESS auction that would help de-risk renewable investment for developers and generators. At the heart of this...

  • E-mobility and low carbon

    2022’s most exciting ‘Charts of the Week’

    Some of our team have looked back throughout 2022 and picked their most exciting ‘Chart of the Week’.​Their choices include exploring green tariffs, wholesale gas prices, CfD allocation round 4 and the MHHS Implementation Levy.  It’s My Birthday – Two years of Dynamic Containment Picked by Tom Faulkner, Head of...

  • Low carbon generation

    What’s in store? Our analysis of the co-location development pipeline

    Amid underlying volatility in wholesale power prices, opportunities for access to wider flexibility revenue streams, and the impact of price cannibalisation, the case for co-location for renewable energy assets is growing. As part of Cornwall Insight’s Renewables Pipeline Tracker service, a case study is included in each report’s release based...

  • Low carbon generation

    A collection of resources on net zero – Net Zero Week 2022

    For Net Zero Week 2022, we released a range of resources to help you on your journey to net zero. For convenience, we have put them all together in a handy Resource Report. To read the full collection of resources, please log in to your account or sign up for...

  • Low carbon generation

    CfD Auction Secures Greatest Amount Of Renewable Capacity To Date

    Yesterday, the government released the results of the fourth round of the Contracts for Difference (CfD) scheme, securing almost 11GW of renewable capacity across 93 projects, nearly double the 5.8GW awarded in Allocation Round 3 in 2019. The greatest capacity – at 7.0GW - has been secured from new offshore wind projects,...

  • Low carbon generation

    RESS 2 by numbers

    Last Friday, RESS 2 auction results were published, with nearly 2GW of new renewables projects successful in getting awarded a contract. We have put together an infographic that explains the auction outcome and what these projects will bring to our electricity system. We have also released a report with Wind...

  • Low carbon generation

    High and Volatile: Trends from our Q421 Green Power Forecast

    At the end of January we released our latest Green Power Forecast, projecting renewables generators revenues over a five-year horizon whilst also providing Power Purchase Agreement (PPA) pricing and benchmarking updates, and a survey to gauge the latest renewables market trends. Amid the current “energy crisis” arising from an underlying...

  • Commercial and market outlook

    2021’s most exciting ‘Charts of the week’

    Some of our team have looked back throughout 2021 and picked their most exciting 'Chart of the week'. Read about their choices and click through to read the full 'Chart of the week'. To do so, you need a free Cornwall Insight account which is easy to create here. Green...

  • 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...

  • Low carbon generation

    New policy measures needed to drive renewable generation

    Published on 24 August, a new report by Energy Storage Ireland and the Irish Wind Energy Association (IWEA) called for action to strengthen Ireland’s electricity grid. The second of a series of four studies which make up the government’s 70 by 30 Implementation Plan, Saving Power outlines how to minimise dispatch down and increase the use...

  • Low carbon generation

    Parties pledge a “revolution in renewables” in draft Programme for Government

    This article was originally published on 14 July 2020 in our ‘Energy Spectrum Ireland’ publication.  The leaders of the Green Party, Fianna Fáil and Fine Gael signed off the draft Programme for Government (PfG) on 15 June. According to the PfG, energy will play a “central role in the creation of...

  • Low carbon generation

    Podcast key takeaways | James Brabben discusses the role of gas in the UK power market

    James Brabben, our Wholesale Manager, spoke to William Powell, Editor in Chief, in the inaugural podcast for Natural Gas World. The podcast discusses the latest issues of the day in the gas market and includes a deep dive into the GB gas market by James. In this blog, we take...

  • Low carbon generation

    Power demand in Lockdown – Initial COVID-19 impact on the power market

    The power and gas systems are mirror images of the wider economy, entering practically every aspect of work and leisure. They naturally face challenges as a result of the effects of the COVID-19 virus on the way we work, travel and live. Electricity demand has reported to have fallen in...

  • Net zero corporates and ESG

    Editor’s Pick Ireland | Clean Energy Package: what does it really mean?

    The Capacity Market Code removes or restricts payments to fossil fuel generators and allows cross border participation in Capacity markets, arising from the Clean Energy Package (CEP). We look at some of the other potential changes in the way EirGrid and SONI operate our energy system arising from the implementation of the...

  • Low carbon generation

    Sail away: Offshore wind vs. RESS

    Last week the European Commission proposed a “Climate Law” enshrining in legislation the objective of achieving climate neutrality by 2050. In this week’s blog, we consider the role of wind in achieving this goal, and Irelands role in the European Green Deal. As we would expect, the green deal identifies...

  • Commercial and market outlook

    AEMO: new markets & standards to help integrate renewables

    The below sample has been taken from our second edition of Energy Spectrum Australia, and if you have enjoyed reading this article and want to read more about the latest developments in the Australian energy market, please contact Ben Hall, b.hall@cornwall-insight.com,  for more information. On 1 October AEMO published an...

  • 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...