Latest blogs
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Home supply and services
Rocketing energy prices and failing suppliers—what is happening?
Sky high gas prices and energy suppliers going out of business have been key headlines in the news over recent weeks, but what is actually happening? Through the COVID-19 pandemic we saw much lower gas prices, which have been surging upwards since the spring and risen rapidly through the summer, a time…
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Home supply and services
The default tariff cap and the law of unintended consequences
With all eyes on the immediate challenges facing the energy supply market and the impact of the default tariff cap as a contributing factor, it is important to note that the cap for the coming winter period should not be considered in isolation and that attention will swiftly turn to…
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Business supply and services
Have we given up on competition in the retail market?
“Q: How does 2pm on Wednesday sound? A: Assuming we still have a functioning energy market that’d be great”. It’s not really what you expect to see in an email at 5pm on a Friday when trying to arrange a call. But then these are certainly not normal times. In this Energy Perspective, we will…
Chart of the week
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Low carbon generation
CfD Allocation Round 4: how much capacity might we expect?
On 13 September, BEIS published the draft budget notice and draft Allocation Framework for Allocation Round 4 (AR4) of the Contracts for Difference (CfD) scheme, scheduled to open in December 2021. BEIS set out a total draft budget of £265mn (in 2011-12 money) for AR4, meaning that total spend in…
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Low carbon generation
A podium finish: ROC banking in CP19
The Renewables Obligation (RO) Compliance Period (CP) 19 (2020-21) has been unusual in the scheme’s history in light of the impact of the COVID-19 pandemic. As we are in the so-called “compliance season” for CP19, we reflect on the last year and the importance that Renewable Obligation Certificates (ROC) “banking”…
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Power and gas networks
The rise of wholesale gas prices … the saga
It is certainly not a standard summer season for gas prices. Normally with demand for gas typically lower, we should see prices at the lowest levels of the calendar year. However, Summer 2021 gas prices are currently seeing bullish momentum with price points that we would expect to see in winter. In this ‘Chart of…
Latest podcasts
Insight papers
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Net zero corporates and ESG
Securing the UK’s role as a green financial hub
Ahead of COP26, Cornwall Insight and TLT spoke to industry leaders about the UK’s progress with building a green finance market and what’s needed to make green finance mainstream. As the whole world looks to the Glasgow summit for new, progressive policies, what do businesses, investors and financial institutions deem…
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Home supply and services
Consolidation in the domestic energy market
The domestic energy supply market has gone through a period of intense competition over the last five years. Lower barriers to entry saw a rise in licensed competitors to a peak of 62 in 2018, diversifying propositions, service and added value options for consumers. Today, that number has fallen to…
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Low carbon generation
Four technologies to reach net zero
There is no single technological fix to resolve the climate crisis. Instead, a range of technologies must be developed and deployed at scale to tackle the vast challenges associated with the deep decarbonisation of the economy. This report will cover a few of those technologies, including carbon capture, hydrogen, floating…