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Drop in Power Price Predictions up to 2030 but Prices to Remain Above Pre-2021 Levels for Next Decade
New data from Cornwall Insight has shown a drop in our predictions for power prices up to 2030 as Europe secures alternative energy supplies, compensating for r…
Wind Farm
Delays to Onshore Wind Investment Increase Long-Term Power Prices in Ireland
Data from Cornwall Insight Ireland’s fourth - ‘All-Island Power Market Outlook to 2030’ – has forecast that energy prices will not retur…
United States
US West Faces Power Reliability Issues from Growing Use of Renewables
A group responsible for power market reliability in Western North America said the growing use of renewable generation will require the region to boost planning…
Romania
Romanian Government Partially Regulates Energy Markets Until 2025
Romania's government changed its energy support scheme for households, small businesses and industry on Friday, partially regulating its power market until Marc…
Italy
Octopus Energy Announces 1.1 GW Renewable Venture in Italy
Octopus Energy Generation has continued its expansion plans into Europe, deepening its role in Italy’s green power market.
Wind Power Project
Wind Energy Industry Warns: Actions Not Words Needed to Address Energy Security and Climate Crises Ahead of COP27
More than 100 leading wind energy companies call on Paris Signatories to streamline planning and permitting, upgrade grid infrastructure and evolve power market…
Geothermal Power Plant
Philippines Identified as ‘Outperformer’ in the Geothermal Power Market
Fitch Solutions has cited the significant installed geothermal capacity of the Philippines and potential for substantial growth in citing the country as an "out…
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…
Germany
King Coal Makes Comeback in Europe
Old King Coal could make a comeback in some of Europe's biggest power markets as governments ponder emergency measures designed to build up gas storage as Russi…
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.
Natural Gas
New Realms for Gas Power Technology
Gas power technology developers are exploring new roles and applications to ensure gas power will remain relevant as power markets embrace decarbonization.
Coal Mine
Coal Will Exit Australia’s Power Market Despite AGL’s Recalcitrance
The bid by a green billionaire to buy Australia’s most polluting company may have stumbled at the first hurdle, but it’s likely the race is far from over.
Australia
Coal Will Exit Australia's Power Market Despite AGL's Recalcitrance
The bid by a green billionaire to buy Australia's most polluting company may have stumbled at the first hurdle, but it's likely the race is far from over.
Hydropower Plant
Rystad Energy: Hydropower Growth Set to Continue
The hydropower market will continue its upward trajectory in 2022 as global capacity exceeds 1200 GW for the first time and investments climb to US$36.3 billion…
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