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Cornwall insight
Australia
Energy Prices Across Australia to Remain High Until 2026
Research from Cornwall Insight Australia’s Benchmark Power Curve (BPC)1, which looks at power prices up until 2042, has forecast that all states in the Nationa…
Electric Car
Swappable Car Batteries Could Accelerate UK’s Transition to Electric Vehicles
A new paper from Cornwall Insight and law firm Shoosmiths has laid out why switching the UK electric vehicle (EV) model to Battery-as-a-Service, could cut upfro…
United Kingdom
Two Thirds of Energy Industry Professionals Think the Market Needs to Be Drastically Reformed
A survey conducted by Cornwall Insight has shown nearly two thirds (63%) of people working in the energy industry believe the UK market needs to be drastically …
Energy Storage Battery
Battery Storage to Be a Quarter of Ireland’s Installed Capacity by 2030
Data from Cornwall Insight Ireland’s - ‘All-Island Power Market Outlook to 2030’ paper - has shown battery storage capacity will grow to become nearly a quar…
On-Site Energy Generation Could Wield Significant Savings for Companies
Research from Cornwall Insight, included in their report - ‘A corporates guide to decarbonising power’ - has demonstrated how on-site energy generation could …
Energy Storage Battery
Increase in Battery Storage Use Could Push Australian Electricity Prices Even Higher
Data collated by Cornwall Insight Australia, looking at battery storage operations from June 2021 to May 2022, has shown a link between the increase in the amou…
Net Zero Emission
The UK Must Provide More Certainty to Investors as It Pushes Forward With Decarbonisation and Energy Security
New research from Cornwall Insight and law firm Womble Bond Dickinson has laid out what the UK government must do to achieve an affordable, sustainable and secu…
Energy Security
Windfall Taxes Are Not the Only Solution to the Energy Crisis
Following the announcement from the Chancellor of the Exchequer that the UK government will be introducing a temporary, targeted energy profits levy, Dan Atzori…
Energy Storage Battery
UK Government Must Spend £20Bn on Energy Battery Storage to Meet 2030 Renewables Targets
Modelling from Cornwall Insight on Great Britain’s (GB) Power Market out to 2030 has shown that between 2025 and 2030 the UK government must spend nearly a fif…
Offshore Wind Power
Energy Prices to Remain Significantly Above Average up to 2030 and Beyond
Research from Cornwall Insight looking at Great Britain’s (GB) Power Market out to 2030 has shown energy prices will remain in excess of £100/MWh annually.
United Kingdom
UK Falling Behind Germany and South Korea in Its Plans to Increase Low-Carbon Hydrogen and Reach Net Zero
Research conducted by Cornwall Insight into countries that have branded themselves as potential leaders in the new hydrogen economy, has seen the UK rank 5th ou…
Ireland
Summer Energy Prices in Ireland to Remain Above Seasonal Average Until 2029
Research from Cornwall Insight has shown that gas prices across both Northern Ireland and the Republic of Ireland will vary significantly between the seasons, w…
United Kingdom
Jump in Energy Prices Leaves Price Cap Predictions at Over £2,900 a Year
Wednesday’s significant rise in the price of wholesale gas has once again sent predictions for the Winter Default Tariff Cap rocketing upwards, with Cornwall I…
United Kingdom
Energy Costs Extremely Volatile After Russia Invades Ukraine
Cornwall Insight’s modelling for the Default Tariff Cap shows extreme volatility in the market, with Winter cap predictions jumping by over £200 from 23 Feb t…
Nuclear Power Plant
New Funding Mechanism Essential to Increasing Nuclear Capacity in the UK
A new funding mechanism for the nuclear sector, the Regulated Asset Base (RAB) model, has the potential to increase the UK’s nuclear capacity to 24GW over the …
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