REGO prices jump 50% higher than January as power prices head towards pre-pandemic levels
Renewable Energy Guarantee of Origin (REGO) prices have jumped 50% higher than they were in January 2021, as market sentiment remains broadly positive.
Articles tagged with: Cornwall Insight
T-4 Capacity Market clears in round 12 at £20 - £15/kW/year
The T-4 Capacity Market auction has cleared in its 12th round today, with a price between £20 - £15/kW/year.
Cornwall Insight charts REGO demand increase as prices begin recovery
Renewable Energy Guarantees of Origin (REGOs) have started to recover following the impact of COVID-19, according to Cornwall Insight.
Default price cap jumps £96 as wholesale energy prices rebound
The default energy price cap is set to increase by £96 from 1 April 2021, returning to pre-pandemic levels to reflect rising wholesale prices.
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Customers’ bills to jump with price cap increase of £66 as wholesale energy prices recover
The default tariff price cap is set to increase by £66 from April 2021 as wholesale power prices jump.
Mutualisation of Renewables Obligation triggered for third year as suppliers struggle to meet payment deadlines
For the third year in a row, mutualisation of Renewables Obligations (RO) has been triggered according to Ofgem.
GB could become a net exporter of power by 2040s
New modelling by Cornwall Insight has predicted that Great Britain could become a net exporter of power to the European continent by the 2040s.
Cornwall Insight warns of risk of RO mutualisation
The risk of Renewable Obligation (RO) mutualisation has grown, as the supply market continues to be challenging.
Use of Balancing Mechanism doubles as COVID-19 highlights imperfect system
The Balancing Mechanism (BM) was used twice as much throughout April and May 2020 as the previous year, due to the impact of COVID-19.