Cornwall Insight

What’s the secret to a company’s success? Our CEO, Daniel Morris, says Cornwall Insight’s progress, innovation, and impact all come down to two key elements - our purpose and our people. In an interview with The Telegraph, Dan reflects on his first ten months at Cornwall Insight, a period marked by growth, new products, and a strengthening of our core offerings. ? But what truly drives success? A clear mission and a team that believes in it. ? ?? “Our purpose as a business is to help companies along a successful path towards the energy transition. People work for us because they want to be part of this journey, and they stay because they see their careers developing in line with our mission.” ? Read the full interview as Dan shares his vision for Cornwall Insight in a rapidly evolving energy sector, and explores what’s next for our growing company. ???https://lnkd.in/enD3GVTQ

Friday quiz time! ??This week we’ve seen the Spring Statement, the launch of MegaWatt Dispatch, the IEA Global Energy Review, & DESNZ publications on everything from fuel poverty to energy flow. But were you keeping up? Test your knowledge below ?? Industry Essentials customers can find the answer in Friday's Daily Bulletin on our CATALYST portal: https://lnkd.in/e4mTAFJD For everyone else, we’ll reveal the answer on Monday. Want the latest energy news delivered to your inbox every weekday at 7am plus live updates throughout the day? Sign up for a demo here: https://lnkd.in/dkR6Q5Z2

Ahead of the April price cap rise, we have released new forecasts for the July 2025 cap. Our Default Tariff Cap Predictor forecasts the July cap to fall to ￡1,712 a year for a typical dual fuel consumer, slightly lower than our predictions in February. The fall would represent a 7% drop on April’s ￡1,849 cap, with an average customer paying ￡137 less annual equivalent a year. Looking further ahead we are forecasting October’s prices to rise slightly on the July assessment, before falling again in January 2026. Breakdown of July 2025 forecasts: Standing Charge (￡/day): Elec-0.54, Gas-0.33 Unit Costs (p/kWh): Elec-25.33, Gas-6.19 Over the past month, geopolitical events have had a big impact on the energy wholesale market, and cap forecasts have risen and fallen many times: ?? The potential ceasefire between Russia and Ukraine in mid to late February initially brought some stability but questions surrounding the role of the US in any ceasefire brought with them fresh uncertainty. ??Early March saw another dip in the market following the EU's announcement that it would allow some flexibility in how its member states could restock their storage levels ahead of next winter. ??Although the market started to rise again, warmer weather and lower gas demand from Asia have recently led to prices falling. Read the full release here: https://lnkd.in/eQXBNCCq Find out more about our Default Tariff Cap Predictor Service: https://lnkd.in/ed_Vpq8A

At Cornwall Insight, we are the leading experts in the Great British and Irish energy markets. With over 20 years of experience, our team of 100+ passionate professionals supports our customers through: - ??In-depth market analysis - ??Comprehensive training programs - ??Expert consulting services Learn more about our journey here: https://lnkd.in/e7BVew-4 To discover how we can support your business goals, get in touch by visiting our website: https://lnkd.in/eqrbu9wJ

We recently published our top 5 ranking of GB offtakers, from research underpinned by our PPA insight reporting services. It has been great to see offtakers continuing to use our independent research and analysis to better understand their position in the market as well as that of their industry peers. Offtaker market positioning is just one component of a much larger pool of analysis we undertake across the market here in GB. I have personally been really interested in the growth of the Corporate PPA space in recent years and the long-term route to market opportunities available for developers of new-build generation assets. I wanted to share a bit more of the research we have conducted from our latest analysis. Tom Ross and I would love to hear from you if are interested in our PPA insight. [email protected] [email protected]

And the answer was - the Climate Change Committee estimate that reaching net zero 2050 will costs, on average, 0.2% of UK GDP a year. Here is the snippet from our Daily Bulletin: "On Tuesday 18 March,?Energy UK?published a response to Conservative Leader, Kemi Badenoch’s speech on net zero. Dhara Vyas, CEO at Energy UK, stated: “the UK should remain a world leader in the energy transition” and noted that the cost will be “significant but manageable”, citing the recent Climate Change Committee report that estimated the net cost of reaching the target at around 0.2% of UK GDP per year on average. The release acknowledged the need for conversations around funding the costs in a way that is fair to households and businesses but also highlighted the need to consider the potential price of inaction. On the same day, the?Confederation of British Industry’s?CEO, Rain Newton-Smith, issued a response, stating that “cross-party support for net zero has underpinned international investors’ confidence to choose the UK for investment in the energy transition”, highlighting that this saw the net zero economy grow by 10% last year and add ￡83bn to national income." Customers can access the Daily Bulletin through our CATALYST portal: https://lnkd.in/e4mTAFJD Interested in getting access to the Daily energy news Bulletin, plus live updates throughout the day - click here: https://lnkd.in/dkR6Q5Z2

Unlock the Full Potential of Long Duration Energy Storage ?? ? The UK's transition to net zero is driving new flexibility in the system and policy support for 2.7-7.7GW of LDES is expected to be forthcoming in 2025. Our market-leading storage dispatch tool optimises value across time and market opportunities.? ? Why choose us?? - Comprehensive revenue and cost modelling? - Expertise across the energy value chain? - In-Depth Market Insight? - Collaborative approach to meet your objectives? ? To find out how we can help your investment decisions and discuss your requirements, please contact us by filling in this short form: https://bit.ly/4iTl72S

Friday quiz time! This week saw some heated energy debates, with regulatory reform announcements, warnings from offshore wind developers over zonal pricing & questions on the feasibility of net zero 2050. But were you keeping up? Test your knowledge below ?? Industry Essentials customers can find the answer in Wednesday's Daily Bulletin on our CATALYST portal: https://lnkd.in/e4mTAFJD For everyone else, we’ll reveal the answer on Monday. Want the latest energy news delivered to your inbox every weekday at 7am plus live updates throughout the day? Sign up for a demo here: https://lnkd.in/dkR6Q5Z2

New data from market analysts Cornwall Insight has revealed that battery energy storage system (BESS) revenues have soared, partly owing to new grid stabilising services. #energytransition