Cornwall Insight

The Environment Agency has pushed back its goalpost for 100% carbon emission reduction. Image: K.Reichert (Google).

February 2, 2024

UK government’s Environment Agency delays net zero targets

The Environment Agency has updated its net zero roadmap, pushing back its net zero target date from 2030 to between 2045 and 2050.

Image: The Institute of Export and International Trade

January 25, 2024

Could tension in the Red Sea cause a second energy crisis?

In this blog, Current± looks into the growing geopolitical tension in the Red Sea and the impact it could have on the UK energy market.

January 22, 2024

Energy costs could fall to lowest level since Russia-Ukraine war began, says Cornwall Insight

The latest Default Tariff Cap prediction for April has fallen by £40 since December, with energy costs in 2024 estimated to hit their lowest since the Russia-Ukraine war began.

January 10, 2024

Cornwall Insight forecasts lower GB power prices on the ‘long road to truly affordable energy’

Cornwall Insight has cut its 2024 power market price forecast for Britain by 12% to an average of £113/MWh.

December 7, 2023

Publicly accessible EV chargers in Ireland see ‘substantial drop’ in Q3 2023

Cornwall Insight has said that the year-on-year growth for publicly accessible chargepoints for BEVs has “substantially dropped” in Q3 2023.

Ofgem has asked stakeholders to send responses by 29 September 2023. Image: Getty Images.

November 16, 2023

Final prediction sees 5% rise in Q1 2024 price cap

Cornwall Insight has announced it's final Default Tariff Cap prediction for January to March 2024 at £1,931 for a typical dual fuel household.

November 3, 2023

UK’s increasing reliance on LNG market to keep price cap above its current level

The latest Cornwall Insight forecast saw the Default Tariff Cap (price cap) remain above the current level until the end of 2024.

Northern Ireland saved £243 million in 2023 by using wind power. Image: Rossographer.

October 30, 2023

Irish power prices in 2024 could be three-times higher pre-2021 levels, says Cornwall Insight

New research conducted by Cornwall Insight has indicated that power prices in Ireland will increase to three-times the pre-2021 average in 2024.

October 2, 2023

Ireland’s EV growth overtakes most of Europe

New analysis from Cornwall Insight has revealed that Ireland’s battery electric vehicle growth has outpaced much of Europe in the past year.

October 2, 2023

Winter wholesale prices see Q1 price cap predictions rise by 3.5%

Cornwall Insight has set its first Q1 Default tariff Cap prediction at £1,897.97 – 3.5% higher than the current cap.

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