Cornwall Insight

January 18, 2022

Long-term sustainability of the energy system at risk as government eyes short-term fixes, says Cornwall Insight

The long-term sustainability of the energy sector is at risk from the short-term measures being considered as a solution to the energy crisis.

In total the Demand Flexibility Service tests have procured over 1.5GWh of capacity. Image: Getty.

January 4, 2022

Power prices key concern as industry eyes upcoming price cap period

Current± takes a look at the biggest stories and talking points from the Christmas period, with power prices continuing to dominate the discussion.

December 21, 2021

Price cap could jump 46% as consumers take on cost of supplier exits

The price cap could jump 46% for summer 2022, hitting approximately £1,865 as wholesale power prices remain high.

The report cautioned that the increased risk to investors in new generation energy capacity paired with the cost of capital involved in implementing an LMP system could negate any potential benefits. Image: Getty.

November 5, 2021

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.

The Vulnerability Commitment’s signatories include Octopus Energy

October 7, 2021

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.

September 16, 2021

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.

August 6, 2021

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.

The new figure stands at 6.8%. Image: Pexels NC.

June 4, 2021

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.

March 10, 2021

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.

February 25, 2021

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.

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