The RAC and EV campaign group FairCharge have called on the UK government to decouple electricity wholesale prices from gas in a bid to reduce the costs associated with EV charging.
Cornwall Insight has confirmed that the latest forecasts for the Default Tariff Cap have seen energy bill predictions fall to £3,208 from April 2023 as a result of positive gas storage and demand reductions in Europe.
Cornwall Insight has argued in its latest research paper that smart meters are set to play a vitally important role in securing energy security in the UK.
A number of the UK’s energy suppliers have penned a letter to the government expressing concerns over the new measures proposed in the Energy Prices Bill which grant ministerial powers in the energy sector.
Without reform of the market, the UK will miss its 2035 electricity decarbonisation target according to a new report from centre-right think tank Onward.
Offshore wind farms delaying their Contracts for Difference (CfD) contracts could have made significantly higher profits since the start of this year, new data collated by Cornwall Insight has shown.
Protecting investor momentum must be key to the government’s recently announced Review of the Electricity Market Arrangements (REMA), Cornwall Insight has said.
