2024-11-22
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New findings show 1.1GW increase in Renewable PPAs

10/26/2021

Latest research from Cornwall Insight’s ‘Renewable PPA market share report’ highlights that the market for renewable PPAs is showing increased capacity despite challenges in the sector. In fact, Cornwall Insight assessed a total of 30,710MW of renewable PPA capacity, a 1,190MW increase from our previous report, which assessed capacity as of September 2020.

Scotland sees the largest increase in renewable pipeline capacity

05/17/2021

According to Cornwall Insight's 'Renewables pipeline tracker', most regions across Great Britain (GB) showed a net increase in total pipeline capacity between April 2020 and March 2021.

Offshore wind a big driver of generation installed under CfD scheme

04/30/2021

Research from Cornwall Insight shows that the role of Contracts for Difference (CfD) generators in the electricity market continues to expand, and Allocation Round 4 (AR4) to be held later in 2021 will only expand this role further.

Pipeline for renewable energy and storage projects grows to 86GW

04/16/2021

The latest figures from Cornwall Insight's Renewables Pipeline Tracker reveal the pipeline of renewable energy and storage projects across England, Scotland and Wales currently stands at 86GW.

Current offshore wind pipeline falls short of 40GW by 2030 target

12/11/2020

Latest figures from Cornwall Insight’s ‘Renewables pipeline tracker report’ show that even if all current offshore wind sites with leasing are developed in the coming years, total offshore wind capacity would only reach 29.7GW by 2030. The report currently tracks 22 sites across both floating and fixed foundation technologies, with many sites looking to progress through the upcoming Contracts for Difference (CfD) Allocation Round 4.

This winter could see 1.3GW of new wind come online

10/23/2020

Forecasts using Cornwall Insight's Renewables Pipeline Tracker report shows that a total of 1.3GW of new wind capacity could come online this winter. This is ~5% rise in total capacity, which could reach 25.4GW. The below graph highlights the forecast growth of wind capacity to March 2021.

Extensions and repowering onshore wind key to supporting net zero target

09/01/2020

Repowering and extensions of existing onshore wind sites in GB have yet to receive the same attention from policymakers as new build. However, without repowering activity, the current ~13GW onshore wind fleet could start to reduce in size from 2027 when many Renewable Obligation Certificate (ROC) accreditations end.

Forecasts show 46 GW increase of renewables technology capacity required by 2030

08/13/2020

Forecasts from Cornwall Insight’s ‘Benchmark power curve’ suggests that up to ~46GW of new build renewable technology ? ~11GW onshore wind, ~10GW solar and ~25GW offshore wind ? may need to be developed by 2030 to keep pace with 2050 net zero targets.

Report commissioned by the NI government assesses the future of renewables in Northern Ireland

08/11/2020

A Cornwall Insight and Ionic Consulting report that was commissioned by The Department for the Economy NI was published by the department last week. The report – Future of Renewables in Northern Ireland – provided an assessment of the current state of renewables in Northern Ireland as well as modelling for future renewable scenarios.

Gas power generation feels the squeeze from renewable technologies

08/03/2020

Cornwall Insight Australia has examined the revenues in Victoria for coal replacement technologies and the impact the transition is having on the captured value for these technologies.

Number of Power Purchase Agreements for renewable technologies increasing

07/16/2020

Research from Cornwall Insight’s ‘PPA market share report’ suggests that the number of flexible and renewable Power Purchase Agreements (PPA) being signed is on an upward trajectory

Renewable generator revenues fall due to COVID-19 lockdown

05/25/2020

Research from Cornwall Insight’s Green Power Forecast reveals there has been a sharp decline in generator revenues. Solar and wind technologies have been particularly impacted by low demand levels due to the COVID-19 lockdown.

Highest offshore wind load factors recorded since 2015

02/19/2020

Latest research from Cornwall Insight highlights that as a result of the elevated wind speeds experienced in January onshore wind load factors averaged 42% for the month, and older offshore sites (pre-2016) reached an average of 52%.

Renewables pipeline swells to over 24.5GW

01/28/2020

Latest figures from the Renewable Energy Planning Database revealed that the total capacity of renewable energy and storage projects across England, Scotland and Wales classed as ‘awaiting construction’ or ‘under construction’ stands at 24.7GW of the total pipeline capacity. The majority of this is classed as ‘awaiting construction’.

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