Gareth
Miller

Chief Executive Officer

Gareth is CEO at Cornwall Insight, following successful careers as an energy project financier for Barclays and as a civil servant at the Department of Energy and Climate Change.

Gareth has a strong background in business leadership, based on more than five years of company board level experience, and fifteen years in various senior management roles. In term of market expertise and skills, Gareth is specialist in energy market investment, policy design and option assessment, as well as strategy. He has extensive practical experience in consulting, research and report authorship as well as being a practiced trainer.

Highlights from Gareth’s career include financing many major infrastructure projects across Europe, playing a key role in the creation of the GB Contract for Difference scheme, and leading the growth and expansion of Cornwall Insight into consulting generally, and latterly into new international markets.

Gareth Miller

Latest thinking

Commercial and market outlook

Tales of the unexpected: what’s happening with gas prices

The gas sell-off for contracts relating to this winter/spring & coming summer has continued in the last few days. On January 16th alone, contracts closed down c15%-17% on gas contracts for this spring and through into summer. This is despite some analysts predicting that gapping-up would occur on the promise...

Business supply and services

Our response to the announcement of the Energy Bill Discount Scheme 

The government have announced that the Energy Bill Relief Scheme (EBRS) will be replaced by a less supportive Energy Bill Discount Scheme (EBDS) from April 2023. The government have been managing expectations on reducing support levels for business energy costs now for several months and remain under pressure over control...

Home supply and services

Determining how we fund, not just what we fund, is critical

Concerns that the strike prices in the upcoming CFD auction round could be too low to be deliverable have been raised as more details of the scheme have emerged. Back in May 2022, our chief executive Gareth Miller discussed why such fears may have some grounding. Last week I was...

Regulation and policy

Energy Price Guarantee to end in April

I was not surprised by the announcement from the Chancellor today (17/10) regarding the shortened time period in which the domestic Energy Price Guarantee (EPG) will apply, for all the reasons discussed in our report -  Energy Price Guarantee - Counting the Cost - and my accompanying blog. Our report...

Regulation and policy

Energy Price Guarantee – Counting the Costs

Modelling from Cornwall Insight has forecast the two-year cost of the Energy Price Guarantee (EPG) to be between £72bn in the lowest case scenario, and £140bn in the extreme high case scenario1. The data included in our new EPG report ‘Counting the Costs’, shows a near doubling of the forecasts...

Regulation and policy

The certainty of uncertainty

Energy prices came off at the end of the week. There is a cautiously positive sentiment that having coped with the Nord Stream 1 shutdown without price carnage and with European storage stocks on target, the August peaks are in the rearview mirror. But, whilst it is very positive that...

Energy Market Design

Reform in haste, repent at leisure: squaring electricity market reform with investor confidence

In April 2022, the attention in the market turned to REMA, a welcome opening of a necessary conversation on market reform. The risks here have always been about process as much as outcome and balancing interests and objectives. I penned this piece urging consideration is given to the time and...

Business supply and services

Our initial response to the government energy announcement

We welcome the government’s objective to address the affordability of energy for both domestic and business consumers in the UK. The policy announcements made today will alleviate some of the hardship consumers have been concerned about for many months.   On the household side of the equation, industry thinking is...