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Electricity Trade
Irish Power Prices Expected to Drop as Gas Storage Levels Remain High
New forecasts from Cornwall Insight’s SEM Benchmark Power Price Curve indicate power prices are set to fall in 2024-25. Power prices are expected to drop …
Hydrogen Production
Hydrogen Uncertainty Could Delay Uptake of Low-Carbon Heating
Without clear evidence on hydrogen's role in home heating, the development of other low-carbon alternatives could be delayed, according to a new report from…
Oil & Gas Trade
Power Prices Drop in Ireland as EU Increases Gas Reserves
Cornwall Insight have reduced their short-term power market price forecast for Ireland, with predictions for 2024 dropping by over 18%. This could bring welcome…
Electric Vehicles
Drastic Dip In Ireland's EV Charge-Point Expansion
Ireland's year-on-year growth in publicly accessible charge-points for Battery electric vehicles (BEVs) has seen a substantial drop in Q323, falling by 111 …
Electricity Trade
Irish Power Prices to Rise in 2024 While Renewables Goals Hang in the Balance
A new report forecasting power prices out to 2030, has shown a jump in short-term prices. The data from Cornwall Insight’s All-Island Power Market Outlook…
Electric Vehicles
Ireland's EV Surge Outpaces Most of Europe
New analysis has revealed that Battery Electric Vehicle (BEV) growth in Ireland over the past year has surged ahead of most major European countries.The data, a…
Electrification
Off-peak electricity use and home generation could save billions in energy costs
New analysis from Cornwall Insight and Smart Energy GB has revealed the substantial cost-saving potential of household flexible electricity initiatives such as …
Renewable Energy
Uncertain Outlook for Energy Bills as New Cap Announcement Looms
Cornwall Insight has unveiled its latest forecasts for the Default Tariff Cap (price cap) covering the period October 2023 (Q423) to September 2024 (Q324). The …
Renewable Energy
Ireland Must Accelerate Renewables Expansion to Avoid Falling Short on Climate Targets
Analysis conducted by Cornwall Insight has unveiled that Ireland must significantly increase its renewable’s procurement efforts if it is to meet its ambi…
Power Construction
Power Prices to Remain Elevated Until Late 2030s, Report Warns
Latest long-term power forecast from Cornwall Insight warns rising power demand, increasing exports, and continued reliance on gas will mean prices are likely t…
Energy Storage Project
BESS alternatives: Cornwall Insight explores unlocking ‘crucial’ long-duration storage
Alternative electricity storage technologies explored by the report to accommodate longer storage durations include compressed air or pumped hydropower. Image: …
Oil & Gas Trade
Average price cap forecasts fall as Ofgem revises definition of typical energy consumption
Prior to the upcoming introduction of the July Default Tariff Cap (price cap), Cornwall Insight is unveiling its latest predictions. Starting from October 2023,…
Energy Storage Project
Development of Long-Duration Storage Vital to Achieving Net Zero Targets
A new report, jointly authored by Cornwall Insight and global law firm DLA Piper, has highlighted the urgent need for financial incentives to speed up the…
Coal Production
Cornwall Insight: Vni West Project Could Delay the Retirement of Coal Generators
Analysis conducted by Cornwall Insight Australia has revealed that certain coal plants in New South Wales (NSW) may benefit from delaying their retirement, foll…
Coal-Fired Power Plants
VNI West Project Could Delay the Retirement of Coal Generators
Analysis conducted by Cornwall Insight Australia reveals that certain coal plants in New South Wales (NSW) may benefit from delaying their retirement, following…
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