Latest blogs
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Energy Market Design
Short-term energy market interventions
There is considerable concern about the availability and price of energy for this winter and those that follow. Cornwall Insight has been contributing to the policy discourse through our widely-referenced domestic Default Tariff Cap analysis. As prices continue to rise above what were considered unbelievable levels until recently, the signal from the market could not…
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Home supply and services
Cornwall Insight comments on the announcement of the October price cap
If you are a consumer seeking support with their energy bills, please read our blog here: https://www.cornwall-insight.com/support-for-consumers-concerned-about-rising-energy-bills/ The rise in the Default Tariff Cap (price cap) was unfortunately inevitable, as UK bills continue to be the victim of an unstable and unpredictable global market. While there is still some time until…
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Home supply and services
Highlights from our Energy Supplier Compliance webinar
As part of our Energy supplier compliance portal service, we run a webinar every 6 months which looks at key updates. Our latest webinar looked back at the decisions made under Ofgem’s financial resilience plan. This included strengthening milestone assessments and introducing additional reporting requirements. It also decided on the short-term interventions…
Chart of the week
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Low carbon generation
Surge in value for waste-derived RGGOs
In August we published the findings from the July-22 edition of our quarterly Green Certificates Survey. The survey is designed to provide greater market transparency for Renewable Energy Guarantees of Origin (REGO), Continental Guarantees of Origin (GoOs) and Renewable Gas Guarantees of Origin (RGGO) certificate markets. In this week’s ‘Chart…
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Low carbon generation
Analysing earlier coal retirement in Victoria: What does it take for more emission reduction?
AEMO has recently published the 2022 Integrated System Plan (ISP), which provides an energy transition roadmap for the National Electricity Market (NEM). This ISP focuses on the “Step Change” scenario, which reflects strong action on climate change leading to a step change reduction of greenhouse gas emissions, based on the…
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Energy storage and flexibility
“Each day looking for new ways to go on”: could a renewable capacity market assist hydrogen turbines?
The rise of renewables has seen the need for additional firming capacity in order to smooth renewable output and replace coal capacity in the evening peak. The ESB and federal Ministers are currently in discussions regarding the development (or not) of a capacity market for the NEM. Interestingly from the…
Latest podcasts
Insight papers
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E-mobility and low carbon
Battery-as-a-Service: an underexplored opportunity?
At the back end of 2020, the government published a plan to put an end to the sale of new petrol and diesel cars in the UK by the end of the decade. While welcome news for many, this target – the most ambitious in the G7 – brought into…
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Low carbon generation
A corporate’s guide to decarbonising power
From 6 April 2022 it has become mandatory for over 1,300 of the largest UK-registered companies to disclose their climate-related financial information in line with the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations. As part of this, all corporations on the Financial Conduct Authority’s Official List (are “listed”) are required…
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Low carbon generation
The UK and the energy transition. Leading the way?
Contributors from Womble Bond Dickinson: Richard Cockburn, Chris Towner, Matt Lewy, Anthony Alderman, Vicki Redman, Simon Hughes, Sebastian Briggs, Lisa Rushton, Belton Zeigle The United Kingdom is well placed to play a key role in global efforts to dramatically reduce carbon emissions over the coming decades. An urgent need to…
Innovations
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Innovations
The Greater Manchester Local Energy Market – what is it?
Cornwall Insight is part of the Greater Manchester Local Energy Market (GMLEM), a project which is creating a modern energy system across the city. This world-leading scheme led by Greater Manchester Combined Authority (GMCA) involves 11 key partners, and is a key part of the GMCA’s plans for decarbonisation. Greater…
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Innovations
Rewire-NW project
The Rewire-NW project was launched in spring 2020. Led by Pure Leapfrog, the project is developing plans to create a range of business models to implement locally-focused energy projects, leading the town of Warrington towards Net Zero. Rewire-NW is a forward-looking and innovative project that aims to connect Warrington using…
