Is flexibility evolving? The latest from our customer flexibility event

On Thursday 26th September, Cornwall Insight held its customer flexibility event, presenting a comprehensive overview of our research covering flexibility in the GB electricity sector. The presentations encompassed a broad spectrum of topics, ranging from analysis of recent Balancing Mechanism trends to proposed network reforms and progress under Project TERRE.

Our industry experts provided an in-depth view of the market developments impacting flexible assets. While there is still a lot of uncertainty regarding how the landscape for flexibility will evolve, there is also a lot to be excited about. The graphic below offers a high level SWOT analysis based on the main areas covered at the event.

We’ll be providing a comprehensive overview of the research demonstrated at the event in an upcoming edition of Energy Spectrum, but to find out more about any of the points covered, please contact Tim Dixon on 01603 604400 or at t.dixon@cornwall-insight.com.

Our new Flexible Asset PPA Market Report provides valuable information to help understand what is being offered across the market, market share of PPA capacity by offtaker, and key developments and analysis of available revenue streams. For more information please click here.

Related thinking

Announcement

Energy market and net zero transition learning and development: Role-relevant career development training

We’re well over halfway through the calendar year and are now beginning to see more of the government’s thinking and policy-shaping around what needs to change to meet the 2050 net zero target. For example, the flurry of documents issued towards the end of 2020, including the Energy White Paper...

Commercial and market outlook

Evaluating the benefits of local coordination mechanisms in power supply

In March, Cornwall Insight launched its new Energy Spectrum Europe publication in collaboration with the Institute of Energy Economics at the University of Cologne (EWI). Below is an extract of our Energy Perspective article from our latest issue, written by Konstantin Gruber and Nils Namockel from EWI. Local forms of coordination are...

Low carbon generation

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

GB consultancy: Our 2020 highlights

We are independent commercial advisors to over 300 energy companies from generators, project developers, energy suppliers, network companies, investors, government departments and professional firms. Our team has over 40 years of energy market experience and works across the whole energy chain. Here is a small selection of our work in...

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...

Energy storage and flexibility

DNO to DSO: A work in progress

Last month the Electricity Network Association (ENA) published updated figures regarding the procurement of Distribution Network Operator (DNO) flexibility services. This is the latest update from the ENA since April this year, with the document highlighting the historical uptake of services across the DNO regions. The publication also provides projections...

Announcement

Event | An update on recent and upcoming changes in the Flexibility space

Cornwall Insight is holding a virtual event for flexibility market customers on Thursday 20 August 2020, from 10am until 12pm. Our experts will be giving an overview of current and upcoming trends across the wholesale and retail flexibility space. This will be split across two sessions - the first considering short-term changes and the...

Energy storage and flexibility

All mod cons: Routes to market for household flexibility

According to National Grid’s 2019 Future Energy Scenarios[1], meeting decarbonisation targets could require deployment in GB of 13GW of flexibility from commercial and industrial consumers by 2050, compared to around 1GW currently available. While there are currently no comparable forecasts for domestic demand-side response (DSR), energy suppliers and technology companies...