Low demand and a sunny weekend sent power prices plunging into negative figures on the day-ahead hourly market for the third time as generation hit a new record.
Great Britain must “hone and optimise network flexibility” as decarbonisation objectives ramp up, according to a new report from Cornwall Insight, called Market design amidst global energy transition.
The electric vehicle transition is picking up pace, as research from Cornwall Insight reveals eight major car manufacturers have initiated joint ventures into EVs.
Over 50,000 smart meters will need to be installed every day to meet 2020 targets, says Cornwall Insight, as Ofgem discusses the challenges facing suppliers.
Maturation within the UK’s electric vehicle charging and energy sphere is starting to accelerate, driven by new partnerships and increasingly innovative offerings.
Subsidy-free renewable energy projects are at risk of failing to be viable on the wholesale market owing to ‘price cannibalisation’ during periods of high output, according to a new report by consultancy Cornwall Insight.