Claim OwnershipThe Energy Essentials Podcast from Cornwall Insight
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Cornwall Insight's energy market podcast, 'The Energy Essentials Podcast', discusses a range of topics across the energy industry. Each episode considers a different aspect and are discussed by our energy market experts. Cornwall Insight are pre-eminent in energy research, analysis, consulting and intelligence. We provide research, consultancy and training to businesses across the energy value chain. Recognised as one of the top management consultancies in the energy, utilities and environmental sector by the Financial Times for two years in a row and named Knowledge Pioneer at the Norfolk Business Awards. Cornwall Insight is constantly evolving in response to new challenges and market opportunities. We have a global presence with offices in London, Dublin, Melbourne and our head office in Norwich, and are a multidisciplinary business delivering insights to customers across numerous different channels.
74 Episodes
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Hear from Jamie Maule and Dr Matthew Chadwick as they discuss the opportunities and challenges being faced as we pursue the transition to a green economy in the UK amid macroeconomic and geopolitical volatility and a changing investment environment.
Two years on from Russia’s invasion of Ukraine, our experts discuss how the invasion has shaped the UK energy sector and the ongoing impacts.Hear from Matthew Smith, as they are joined by our Lead Research Analyst, Dr Matthew Chadwick in this podcast.
Heating is responsible for around 20% of the UK’s greenhouse gas emissions so decarbonising the heat in buildings will be essential to achieve net zero targets in GB. Heat networks go some way to providing a solution to this challenge and could provide up to a fifth of total UK heat by 2050. In particular, heat network zoning is how the government plan to establish and accelerate heat networks across England.In this podcast our Lead Research Analyst, Kate Hill, is joined by Stephen Knight from Heat Trust and George Munson from Leeds City Council to discuss heat network zoning and the impact this might have on consumers and how this could deliver for consumers.
Join us for a podcast episode where we tackle the complicated seeming topic of constructing an electricity network that supports decarbonisation. Despite its complexities, the conversation is accessible and easy to follow. Guests, Frank Hodgson from REGEN and David Cowdrey from MCS Charitable Foundation, share opinions and findings from the research report "Building a GB electricity network ready for net zero". Hosted by Kate Mulvany, Senior Consultant at Cornwall Insight, don't miss this insightful conversation.
Anna Moss is joined by Cornwall Insight’s Jacob Briggs and Dan Hamza-Goodacre and Sophie Bordat from Integrate to Zero to talk about our recent research into the carbon and cost reduction opportunities from integrated energy in GB. In this podcast, we discuss the current market landscape, opportunities, and barriers to offering integrated energy propositions to consumers in Great Britain (GB).
Soaring inflation and interest rates*, combined with supply chain issues and labour shortages, have pushed up the cost of capital and increased the costs needed to finance renewable projects. With the latest round of the Contracts for Difference (CfD) scheme now ongoing, many in the industry are concerned that administrative strike prices are set too low for projects to be financially viable given the rising capital costs.In this podcast, Research Analyst Jamie Maule, and Senior Modeller Tom Edwards – co-authors of our insight paper WACC-A-MOLE: Implications of the rising cost of capital for the fifth round of the Contracts for Difference scheme – discuss the impacts of a high cost of capital on the UK’s renewables sector and the success of both prospective and previously commissioned projects under the CfD scheme.*information accurate at the time of recording
In the context of soaring energy prices and challenging macroeconomic conditions, many businesses are struggling to maintain progress towards net zero. With increasing pressures from both consumers and investors for companies to decarbonise, the desire to progress to net zero remains for many businesses but financial pressures have forced plans to be pushed back. In this podcast, Matthew Chadwick (Lead Research Analyst at Cornwall Insight) and Nick Fothergill (Corporate Partner at Weightmans) discuss the steps businesses can take to decarbonise and maintain momentum on their net zero journeys.
In this podcast, Senior Analyst, Sam Peek and Lead Analyst, Joe Camish discuss Liquefied natural gas and its importance over the winter. They discuss:The significant European and UK uptake in LNG as a replacement for the shortfall of Russian natural gas this winterThe influence of wider geopolitical issues that have prompted a pivot in favour of LNG as a supply side balancer Expectations for the future of LNG prices into 2023 and how the UK and European gas markets could be preparing to make LNG a long-term proposition to manage our gas demand needs
Join our energy experts, Senior Consultant, Kate Mulvany and Research Partner, Dr. Dan Atzori as they discuss the Review of Electricity Market Arrangements (REMA), why it is needed, how the energy market is reacting and responding to it and how Cornwall Insight can help businesses navigate REMA.
Head of Relationship Development, Robert Buckley, joins us for the last part of our REMA event.Find out how we can help you navigate REMA here.
Part 4 of our REMA event sees Head of Modelling, Sarah Johnston share her thoughts.Find out how we can help you navigate REMA here.
In Part 3 of our REMA event, Senior Consultant, Kate Mulvany, talks about different options available for REMA.Find out how we can help you navigate REMA here.
In Part 2 of our REMA event, Principal Consultant, Adam Boorman introduces REMA. Find out how we can help you navigate REMA here.
In Part 1 of our event on REMA, Dr. Daniel Atzori introduces how the energy market has changed up until now, survey results from the industry on REMA and what our other experts will be speaking on. Find out how we can help you navigate REMA here.
Upon starting office on 6 September 2022, one of the first challenges for new UK Prime Minister Liz Truss was how to tackle the current high energy prices and their knock-on impacts for the cost of living and the cost of doing business. On 8 September 2022, the new Prime Minister announced a series of measures, as part of an Energy Price Guarantee, aimed at confronting this crisis. In this podcast, we discuss the announced Energy Price Guarantee and consider some of the broader implications going forward.
Amidst the proposals to help consumers with rising energy bills is one to incentivise investment in renewables. Earlier this week Rob Gross from UKERC, the originator of this “Pot Zero” proposal, joined Tom Edwards and Robert Buckley to discuss it and wider prospects for the British energy sector.
1Joe Camish joins Veronica Truman in our latest podcast. They talk about National Grid ESO’s early outlook for the coming winter season, the assumptions behind the modelling and the steps the ESO are taking to mitigate potential issues to European gas supplies this winter.
Dr Craig Lowrey joins Veronica Truman to talk about Ofgem’s decision to proceed with a backwardation allowance window of six months in the wholesale methodology when calculating the Default Tariff Cap. The timing of the decision is discussed, along with implications for suppliers and consumers, and how it impacts forecasts for the upcoming Default Tariff Cap levels.
Robert Buckley and Tom Edwards discuss the interventions in the retail and wholesale markets that might help alleviate some of the concerns around the cost of living crisis and rising wholesale prices this winter. There have been many different theories and policies suggested and Robert and Tom talk about some of these, their implications, and how they could be implemented.
REMA promises the biggest changes in the power market for a generation. It includes options for changing the locational stricture, the means of dispatch, and the price setting basis of the wholesale market, and then also considers related changes to existing support schemes, flexibility incentives and operational delivery. The potential span of change and the breadth of possible consequences emphasises the need for businesses and investors to carefully weigh decisions and plans. Listen to Veronica Truman, Tom Faulkner, and Kate Mulvany in our latest podcast on REMA.Interested in Locational Marginal Pricing but not sure about it is? Watch our YouTube video here: https://youtu.be/CdNlsNMDStIJoin our free webinar, Understanding REMA here: https://www2.cornwall-insight.com/l/707633/2022-07-19/3526crAnother video on REMA and investor momentum: https://youtu.be/n020ZcbYpdE
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