Dr Craig
Lowrey

Principal Consultant

Email: c.lowrey@cornwall-insight.com

Craig has over 25 years experience in the energy sector, building upon academic research to apply knowledge and skills in a wide range of roles including consultancy, wholesale and retail trading, procurement and risk management.

Joining Cornwall Insight in 2016, Craig has provided in-depth analysis and modelling to inform investment and procurement decisions across a wide range of public and private sector clients.

This has included leading Cornwall Insight’s work contributing to the Scottish Government’s establishment of its planned Public Energy Company, analysis and reporting of the impact of the GB domestic energy market’s default tariff price cap on energy market innovation, and an assessment of the impact of potential regulation of energy third party intermediaries (TPIs) and brokers.

He graduated from Brunel University in 1999 with a PhD in Economics, having completed a BA in Economics at the University of Sunderland in 1993.

An interview with Craig
Dr Craig Lowrey

Latest thinking

Regulation and policy

How effective were the UK’s energy bill support schemes? 

Introduced during a period of record high energy prices, the UK Government's energy support schemes came to an end on 31 March this year. Evaluating emergency measures such as these purely on their value for money is difficult, as the policy was intended to serve multiple purposes.   At the time...

Business supply and services

Businesses facing up to 133% electricity bill rise for fixing at market peak

Data from Cornwall Insight’s Business Electricity Bill Forecast has shown businesses that fixed their energy contracts at the peak of the energy market last year1, could be facing up to a 133% rise in bills from April. The figures, which represent a worst-case scenario2, demonstrate how high wholesale prices at...

Home supply and services

Our response to the announcement of the April price cap

The predictions for the Default Tariff Cap in this piece are out of date, please click here to find our latest forecasts and commentary on the cap. Following the announcement by Ofgem that April’s Default Tariff Cap (price cap) will fall to an average £3,280 per year, nearly a £1,000 drop for...

Home supply and services

Our final forecast for the April price cap

The predictions for the Default Tariff Cap in this piece are out of date, please click here to find our latest forecasts and commentary on the cap. We have released the final prediction for the April Default Tariff Cap (price cap) following the closure of the observation window1, on 17 February. We...

Commercial and market outlook

Winter 2023-24 price cap forecasts fall further below 2022-23 EPG, but long-term prospects remain uncertain

The predictions for the Default Tariff Cap in this piece are out of date, please click here to find our latest forecasts and commentary on the cap. Our latest forecasts for the Default Tariff Cap (price cap) have shown energy bill predictions for a typical household1 have fallen to £3,208...

Home supply and services

Drop in wholesale energy prices sees price cap predictions fall below the EPG for second half of 2023

The predictions for the Default Tariff Cap in this piece are out of date, please click here to find our latest forecasts and commentary on the cap. Our latest forecasts for the Default Tariff Cap (price cap) have shown energy bills for a typical household are predicted to be below the government’s...

Low carbon generation

Our response to the announcement of the January price cap

The Energy Price Guarantee (EPG) will shield consumers from the January price cap of £4,279 announced by Ofgem on 24th November, however the rise will be concerning to the government, who will be shouldering the billions of pounds needed to compensate suppliers the difference. While the January price cap was...

Business supply and services

Predicted fall in the April 2023 Price Cap but prices remain significantly above the EPG  

The predictions for the Default Tariff Cap in this piece are out of date, please click here to find our latest forecasts and commentary on the cap. Our latest Default Tariff Cap (price cap) forecasts for April – June 2023 (Q223) have dropped by over £600 since the last widely released figures...