Scale of the DS3 market: Great Expectations or For Whom the Bell Tolls?

This week Eirgrid announced a delay in the volume capped DS3 procurement of a subset of system services for high availability technologies (e.g. demand side units, batteries, flywheels). With this delay and the current Storm Emma related high winds, it is a relevant time to consider the potential impact of stakeholder expectations on the future of DS3.

This blog considers short term investor confidence in the DS3 procurement, and the medium-term viability of the Regulatory Authorities’ (RA) proposed budgetary cap.

Related thinking

Low carbon generation

Analyse thy neighbour: Interconnectors and their importance to future power prices

Whilst we build towards 2021 and post-Brexit energy markets, focus has been applied to how we in GB strive towards net zero ambitions with a more independent policy agenda. However, regardless of future trading arrangements, interconnectors with EU nations will continue to play a pivotal role in driving wholesale power...

Low carbon generation

Demand trends: August sees highest demand since March

This article was originally published on 25 August 2020 in our ‘SEM and commodity pricing report’.   In this week’s blog we take a look at the latest fundamental developments impacting power prices in the SEM. This will see us take a look at wind generation in the SEM this year, while...

Commercial and market outlook

Changes: how our Spectrum service is evolving

This article was originally published on 9 June 2020 in our ‘Energy Spectrum Ireland’ publication.  Since Cornwall Insight launched the Energy Spectrum Ireland Service in 2015, it has been providing insight on key developments in the energy markets in Ireland. With the macro market trends of decarbonisation, decentralisation and digitilisation,...

Low carbon generation

RESS-1 application closing date is further extended

With a lot of uncertainty around the impacts of COVID-19 on global supply chains and renewable project delivery we are starting to see the effects in the Irish Energy market, notably the announcement that prequalification for the Renewable Energy Support Scheme in Ireland will be extended. In December 2019, the...

Energy storage and flexibility

Tootsie slide: Demand drop

Since both governments of Ireland have restricted movement in the light of COVID-19, we have observed changes to working patterns. This has subsequently resulted in a reduction and shift in demand profile for the island of Ireland. This week's blog looks at demand reduction since COVID-19 restrictions have been in...

Energy storage and flexibility

The next episode: Qualification for T-4 Capacity auction

The final qualification results for the upcoming 2023/24 T-4 Capacity Auction were published on the 3 April. In this week’s blog, we consider what these qualification results tell us. Click here to view full article

Low carbon generation

The Pain: SEM prices get low

It is easy to forget that this weekend is Easter where a large part of the country will have a 4-day weekend.  This year the demand levels are still trending down as restrictions due to COVID-19 become ever tighter. So what will this mean for the electricity generators? This week’s...

Energy storage and flexibility

Changes: Demand falling in SEM

With the unexpected arrival of coronavirus there has been significant a shift in human behaviour. We are now two weeks removed from the Irish Government’s instruction to close schools and message advising businesses to allow employees work from home where possible, we wonder what has the impact been on energy...

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