Press and media mentions
More information about us, the latest press releases that highlight key trends in the energy market, interviews and our mentions in the media.
Press and PR Officer
Verity looks after Cornwall Insight’s public relations. She builds brand awareness within the wider market giving our experts a platform to share their analysis views on current market trends.
For media enquiries please contact email@example.com or call 07799513441
Cornwall Insight responds to the announcement of the January price cap
Ofgem has today announced the January Default Tariff Cap (price cap) at £1,928 a year for a typical dual fuel consumer1. This is a 5% increase from October’s cap set at £1,834 a year. Escalating wholesale market volatility, triggered by geopolitical factors such as disruptions to the Finnish Balticconnector, the…
Higher strike prices set stage for more competitive renewables auction
Commenting on the publication by the government of the rise in Administrative Strike Prices (ASPs) for the Contract for Difference Allocation Round 6: Tim Dixon, Senior Consultant, at Cornwall Insight: “The government’s decision to boost strike prices ahead of next year’s renewables auction is a significant enhancement that will be…
Cornwall Insight’s final forecast for the January price cap
The predictions for the Default Tariff Cap in this piece are out of date please click HERE to find our most up to date forecasts. Cornwall Insight has announced its final forecast for the January – March Q1 2024 Default Tariff Cap (price cap) following the closure of the observation window1 on…
Proactive investment and planning rule reform needed to strengthen energy network
Cornwall Insight’s response to the King’s Speech announcing the government’s intent to reform energy grid connections. Tom Faulkner. Head of Assets & Infrastructure and Networks at Cornwall Insight: “The government’s commitment to reforming energy grid connections is a crucial first step, but getting network reforms right is a complicated task….
Price cap forecast to remain above current level until end of 2024
The predictions for the Default Tariff Cap in this piece are out of date please click HERE to find our most up to date forecasts. Forecasts for the 2024 Default Tariff Cap (price cap) have risen in response to growing volatility in the global wholesale energy market. Latest predictions, place a typical1…
European LNG supply under pressure amid escalating competition and price surge
A new report from Cornwall Insight has exposed the challenges facing Europe’s Liquified Natural Gas (LNG) supply, as growing competition from China and price rises increase pressure on the gas market. The analysis, focusing on LNG security over the upcoming winter, highlights that heightened Chinese gas demand, driven by economic…
Irish power prices to rise in 2024 while renewables goals hang in the balance
A new report forecasting power prices out to 2030, has shown a jump in short-term prices. The data from Cornwall Insight’s All-Island Power Market Outlook to 2023, predicts prices will rise to nearly €190/MWh for 2024, three times the pre-2021 average. The increase in the near-term forecast has been…
Government’s offshore wind shortfall could delay net zero
A new report forecasting the energy generation mix out to 2030, has calculated the government will miss its 50GW offshore wind capacity target, with potential consequences for net zero. Modelling from Cornwall Insight, included in its quarterly GB Benchmark Power Curve report, forecasts offshore wind capacity will increase from…
Reform of electricity network charges and balancing markets could fast-track energy transition
Reforming charges for using the electricity network and reviewing how generators and customers provide flexibility to the system, could accelerate cost-effective decarbonisation of the electricity system, and help GB meet its net-zero targets. A new report1, from Cornwall Insight in partnership with SSE, explores how rethinking the Transmission Network Use…
Cornwall Insight becomes an accredited Living Wage Employer
Cornwall Insight is proud to have been accredited as a Living Wage Employer by the Living Wage Foundation, demonstrating its commitment to fair and equitable pay for its employees. This accreditation guarantees that every member of Cornwall Insight’s UK team, including those under third-party contracts, receives a wage that accurately…
Market reforms could shield consumers from high electricity bills
Reforming the electricity market is essential to delivering a cost-effective, stable, net zero-ready energy system, according to a new report published today. The document, Transforming the energy market: how change will work for consumers, which is a joint venture between Cornwall Insight and the MCS Charitable Foundation, urges the government…
Cornwall Insight release price cap forecasts for 2024
The predictions for the Default Tariff Cap in this piece are out of date please click HERE to find our most up to date forecasts. Prior to the introduction of the October – December 2023 Default Tariff Cap (price cap), Cornwall Insight has announced its forecasts for 2024. Our new figures predict…
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