wholesale

  • Montel | UK’s LNG supply dearth set to persist amid Asian demand

    Craig Lowrey Senior Consultant at Cornwall Insight was quoted in Montel discussing LNG supply. The UK continues to face a severe lack of LNG amid still strong Asian demand for the fuel, resulting in growing concerns about gas availability and an inevitable surge in prices. Craig Lowrey, senior analyst at...

  • Press Releases

    Cornwall Insight comments on a month of Dynamic Containment

    On the 1 October National Grid ESO launched its new frequency response service, Dynamic Containment. This is the first in a suite of new, faster-acting response services, designed to address significant deviations when they occur on the transmission system. The roll-out of this new post-fault response service aims to help...

  • Media Mentions

    Current | GB could become a net exporter of power by 2040s

    Our modelling has predicted that Great Britain (GB) could become a net exporter of power to the continent by the 2040s. There is increased interconnection expected in the 2020s and 2030s between the island and the continent. And therefore, there will be more routes for excess offshore wind power to...

  • Media Mentions

    Renewable Energy Magazine | Electricity generation is transforming with net zero, but does power market design need to do the same?

    Issues around the current electricity market design acting as a barrier to investment are explored in our latest insight paper – The net zero paradox: Challenges of designing markets to bring forward low marginal cost resources. Inevitably, as we head closer towards a net zero economy, a significant proportion of the...

  • Media Mentions

    Icon | An increase of 46 GW renewables technology capacity is required by 2030, analysis says

    Forecasts from our ‘Benchmark power curve’ suggests that up to ~46GW of new build renewable technology, ~11GW onshore wind, ~10GW solar and ~25GW offshore wind, may need to be developed by 2030. This is to keep pace with 2050 net zero targets. This large-scale deployment of very low/zero marginal cost...

  • Media Mentions

    The Guardian | Energy bills to be cut by £84 for 11m UK households

    The energy regulator has lowered winter energy bills for 15m UK homes by reducing its energy price cap to record lows after wholesale energy market prices tumbled during the coronavirus pandemic. The government has legislated that the cap should remain in place at least for 2020, and no later than...

  • Media Mentions

    reNEWS | Price cannibalisation ‘a threat to green energy growth’

    Price cannibalisation could become a barrier for future renewables deployment if no action is taken, Scottish Renewables’ onshore wind conference has heard. Price cannibalisation is the “depressive influence on the wholesale electricity price at times of high output from intermittent, weather-driven generation such as solar, onshore and offshore wind”, according...