The capacity available through the Renewable Energy Support Scheme (RESS) will see competition high as the long-awaited subsidy scheme for renewables opens its auction doors on 16 June 2020. The RESS will provide relief to new entrants offering renewable capacity, following the closure of the Renewable Energy Feed-in Tariff which did not include solar. This week’s blog looks at the long queue of solar applications waiting outside EirGrid’s door that can bid into the RESS auction.
Related thinking
Net zero corporates and ESG
More details required for large-scale solar rollout in EU
Last week, our 'Financing net zero forum' gathered to discuss the role of private capital for the next wave of solar across Europe. Joining the meeting chair, Cornwall Insight's Daniel Atzori, were our guest panellists from a leading developer and the Global Infrastructure Investor Association (GIIA). With the European Commission...
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...
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...
Commercial and market outlook
In the midst of the Australian Energy Transformation Process
Australia is in the midst of an energy supply and distribution transformation. This transition is twofold and includes not just bridging the gap from conventional fossil fuels to renewable technologies (due to their reduced carbon footprint, lower levelized cost of energy and improved reliability levels by comparation), but also requires...
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...
Commercial and market outlook
SEM articles of the year: All I want for Christmas is RESS-2
With COVID-19 dominating our everyday lives, we saw similar trends in our most popular articles for the year. Demand shifts were observed in domestic and industrial settings with working patterns shifting from offices to homes all around the country. It was also a landmark year for the renewables industry with...
