In this month’s Energy:2030

In this month’s Energy:2030

In the fifth edition of Energy:2030 we summarise some key learnings from an excellent new book edited by our collaborator Fereidoon Sioshansi of Menlo Energy Economics, titled Innovation and Disruption at the Grid’s Edge. The book, which delves into how distributed energy resources are disrupting the utility business model, is also the basis for an event that we will host in London on 19 June. The event will feature a variety of speakers, including Cornwall Insight’s Nigel Cornwall and Gareth Miller, as well as Sioshansi himself, and several advocates of electricity market transformation.

Increasing our coverage of community energy, we present a feature on the Smart Fintry project in Scotland, which showcases the potential benefits, risks and challenges to community groups and network operators alike on such projects. Not for the first time we conclude that the current policy and regulatory structure needs a make-over.

Looking to future networks, we summarise Cadent’s plans to build the world’s first commercial-scale hydrogen and carbon capture, utilisation and storage project, which will provide low-carbon hydrogen to industry, homes and transport in North West England.

On the topic of low-carbon transport, we present a summary of a report by the Oxford Energy Forum that presents a wide-ranging collection of views on autonomous vehicles, transport electrification, shared mobility, and the challenges facing EV roll-out.

Last month, Elexon set out proposals as to how central services could be adapted to support customers buying electricity from more than one supplier. Building on this, we look at and commend a rule change proposal to implement a “sandbox”, which will allow innovative products and processes to be trialled under the BSC.

In our coverage of other international energy stories making the headlines, we present a summary of New York’s Reforming the Energy Vision or REV project to date, and FERC’s rejection of CAISO’s recent capacity procurement proposals.

Elsewhere, we look at variable feed-in tariffs in Victoria, barriers to multiple service providers in New Zealand and the direction of future German energy policy, and much more.

For a free trial of Energy:2030 contact Stephen Pointing on s.pointing@cornwall-insight.com or 01603 604 400.

Related thinking

Regulation and policy

How will consumers take to Market-wide Half Hourly Settlement?

Ofgem published its decision to implement the move to Market-wide Half Hourly Settlement (MHHS) on 20 April. This confirms plans to move to new settlement arrangements over a four and a half year time period, with the Elexon-led Design Working Group’s Target Operating Model to be used as the blueprint. Meters...

Power and gas networks

Green hydrogen is “essential” for the UK to achieve net zero

Today, we released the latest copy of our Energy net zero. The publication takes an in-depth look at the UK's transition to a low carbon economy. The below article analyses the UK landscape for hydrogen and how it is "essential" to achieve its climate goals. The article was originally published in the...

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...

Low carbon generation

Up north and down south – trends for generator TNUoS charging

The topic of generator Transmission Network Use of System (TNUoS) is becoming a subject of increasing interest for stakeholders as regulation, policy, and the generation mix create potential volatility for future charging trends. The significant costs posed through TNUoS are an important consideration for generators, with high variability between regions...

Regulation and policy

Answers to some FAQs about Brexit

Following the end of the transition period on 31 December 2020 and the signing of the Trade and Cooperation Agreement, aspects of the relationship between UK and the EU in respect of the arrangements for energy trading and cooperation have changed. We set out answers to some Frequently Asked Questions...

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...

Regulation and policy

Ofgem “hands-on” in RIIO-2 as net zero route unfolds

During the next round of the RIIO price controls, Ofgem can be expected to take a more hands-on approach to outputs the networks are required to provide and the allowed revenues they can charge their users or consumers. This will have impacts for network development including the enabling of electric...

Business supply and services

A look back at 2020 part 3

As we take our first steps into 2021, we continue to look back at the biggest developments in the UK energy markets in 2020, setting us up for the significant year ahead. The mergers and exits from the supply market that were seen in 2019 continued into 2020 and led...

This site is registered on wpml.org as a development site.