Five things we learnt from Energy Spectrum | 661

In this week’s Energy Perspective, we consider investor confidence and market sentiment following the legal challenge to the Capacity Market, the specific steps BEIS has taken to settle nerves and also the general support being afforded to demand-side response to provide market access.

The proposals from government in its Smart Export Guarantee (SEG) consultation – which aimed to address, among other things, a route to market – have been mixed. Summarising in our Policy section this week, we find a number of ideas that BEIS will want to consider but we maintain that it needs to make its mind up quickly, with there being no current safety net for exports from new installations.

The European Parliament adopted four new laws on 26 March that aim to make the European electricity market cleaner, more competitive and able to cope with risks. We cover the new rules, which complete the European Union’s Clean Energy Package in this week’s Regulation section. They are now reaching the final stages of the legislative process and very well reflect the evolving energy system and agenda of the EU, with more focus on the rights and empowerment of consumers.

Our Industry Structure section takes a look at the International Energy Agency’s Global Energy & CO2 Status Report, which well highlights the play between a growing economy and increasing demand for energy that accompanies it, and the impact that such growth has on efforts to decarbonise and improve energy efficiency.

In this week’s Nutwood, Cornwall Insight’s Head of Retail Robert Buckley discusses the challenges facing energy suppliers from increasing uncertainty over third party charges.

Related thinking

Regulation and policy

Electricity transmission charging reform – overtaken by changing priorities?

Charging for the transmission network is never out of the development process for long. From major reviews, such as that initiated under Project Transmit in 2010, to significant reforms such as removing the triad benefit from distributed generation in 2018, and a host of smaller developments, change seems the only...

Energy storage and flexibility

How nuclear energy can help the UK reach its net zero goals

This article was originally written in Energy Spectrum on 21 March 2021. To find out more about a subscription to Energy Spectrum, please contact Nick on n.palmer@cornwall-insight.com. There are several challenges to reaching net zero, where its proponents believe nuclear could add value. Some of tomorrow’s main issues concern: How to provide low...

Announcement

Introducing Energy Spectrum Europe

Cornwall Insight is pleased to announce the launch of Energy Spectrum Europe. This new addition to the Energy Spectrum stable will provide the authoritative, independent insight and analysis of energy markets for which its peers covering Great Britain, Ireland and Australia are rightly renowned. Every month Energy Spectrum Europe will...

Commercial and market outlook

A look back at 2020

As we take our first steps into 2021, we look back at the biggest developments in the UK energy markets in 2020, setting us up for the significant year ahead. As 2019 turned into 2020, we were still waiting for the Energy White Paper (EWP), a document which had been...

Announcement

The top 5 podcasts of 2020

We released 13 podcasts in 2020 covering all aspects of the energy market, from the Capacity Market and Electric Vehicles to Faster Switching and heat networks. Here are our top five podcasts of the year, ranked by the number of people who listened. 5. The Impact of COVID-19 on System...

Announcement

15 years on…

2020 marks 15 years since the inception of Cornwall Insight. Take a look at the infographic to see how the UK energy economy and Cornwall Insight have changed.

Commercial and market outlook

The PM’s 10-point plan: Further thoughts from our Energy Spectrum webinar

In our regular Energy Spectrum webinar on Tuesday 24 November, Senior Writer Nick Palmer and Head of Relationship Development Robert Buckley discussed the government’s 10-point plan for a green industrial revolution. They considered what has led to this point, what is in the plan, what the reaction was to it...

Announcement

15 years of Energy Spectrum and the Daily Bulletin

We have just passed a notable landmark with the 15th anniversary of the launch of the Energy Spectrum Service. Things started with the first Daily Bulletin on 13 September 2005 – the main news on that day was E.ON UK applying for planning to build a CCGT at Drakelow. It...

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