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.

Latest thinking

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  

Our latest Default Tariff Cap (price cap) forecasts for April – June 2023 (Q223) have dropped by over £600 since the last widely released figures on 17 October1. The average consumer is now predicted to pay £3,702 from April, when the Energy Price Guarantee (EPG) comes to an end. Forecasts...

Home supply and services

Cornwall Insight comments on the announcement of the October price cap

If you are a consumer seeking support with their energy bills, please read our blog here: https://www.cornwall-insight.com/support-for-consumers-concerned-about-rising-energy-bills/ The rise in the Default Tariff Cap (price cap) was unfortunately inevitable, as UK bills continue to be the victim of an unstable and unpredictable global market. While there is still some time until...

Home supply and services

What is the price cap?

We release our price cap forecasts in the hope that we can encourage policy change.  We have created this infographic to help people understand the price cap and how we make our predictions. We would also like to clarify that we cannot influence Ofgem to change the amount of the price cap.  You...

Home supply and services

Cornwall Insight release final predictions for October’s Price Cap

If you are a consumer seeking support with their energy bills, please read our blog here: https://www.cornwall-insight.com/support-for-consumers-concerned-about-rising-energy-bills/ Cornwall Insight are releasing our final predictions for October’s Default Tariff Cap (Price Cap) prior to Ofgem’s announcement on Friday 26th August. Predictions show a typical household1 will be paying £3,554 equivalent per year...

Home supply and services

Price cap forecasts for January rise to over £4,200 as wholesale prices surge again and Ofgem revises cap methodology

If you are a consumer seeking support with their energy bills, please read our blog here: https://www.cornwall-insight.com/support-for-consumers-concerned-about-rising-energy-bills/ Our new forecasts for the January Default Tariff Cap have risen by over £650(1), meaning a typical household is now predicted to pay the equivalent of £4,266 a year for the three months to...

Home supply and services

Price cap to remain significantly above £3,000 a year until at least 2024

Our latest forecasts for the Default Tariff Cap have shown a typical household’s energy bill will be well over £3,000 a year for the next 15 months, with the average bill over Summer 2023 (Apr-Sep) sitting at £3,649 – just over £300 per month. We have also updated the predictions...

Home supply and services

Default Tariff Cap forecast climbs further as Ofgem announcement looms

Due to market volatility, world events and Ofgem's new methodology, our price cap prediction has changed. Please see the latest predictions via our blogs page here Updated price cap figures here As the energy market continues to grapple with global political and economic uncertainty, the corresponding high wholesale prices, and...