Energy supplier market shrinks by over half as further ‘tough times ahead’
The number of domestic energy suppliers has fallen by over half from 47 to 25 since the start of 2021.
Articles tagged with: Cornwall Insight
Cornwall Insight warns energy supply market 'on edge' for further consolidation, predicts £1,660 price cap
New modelling from Cornwall Insight has forecast that the Summer 2022 default tariff price cap could now reach around £1,660.
Electricity demand from EVs could reach 71.6TWh by 2040: Cornwall Insight
New research from Cornwall Insight has revealed that electric vehicles (EVs) could contribute an additional 71.6TWh by 2040.
Price cap to jump by £139 as energy costs increase 50% in six months
Ofgem has confirmed that the default price cap will rise again in October, as energy prices hit record highs amid the world emerging from lockdown.
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.
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.
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.