We have previously noted a range of new entrants into the electricity retail spaces for small business and commercial and industrial (C&I) supply. This Chart of the week takes a closer look at how competition is developing at a national and local level.
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Home supply and services
No easy fix: tariff prices remain high
In response to the unprecedented increases in global gas prices, Ofgem announced last week time limited measures “to help stabilise” the supply market. This includes a requirement for all domestic suppliers to offer existing customers the same tariffs available to new customers from 14 April, echoing changes made by the...
Low carbon generation
Australian Chart of the week | 3 2 1… fight: VRE and price cannibalisation in NEM
In the last decade, the rapid decline in deployment cost of variable renewable energy (VRE) generation capacity has given renewables an advantage over fossil fuels for new builds as highlighted in ‘Renewable Power Generation Costs in 2020’ report from the International Renewable Energy Agency (IRENA). In the report, Australia has...
Home supply and services
Chart of the week | SoLR process sees largest supplier exit
This January saw the largest supplier exit through Ofgem’s Supplier of Last Resort (SoLR) process. Green Network Energy ceased to trade on 27 January, with Ofgem appointing EDF Energy as SoLR for its 360,000 domestic customers shortly after. On the same day, the regulator announced the exit of Simplicity Energy,...
Business supply and services
Australian Chart of the week | Retail applications on track for another year of big growth
Its been 8 months since we last took a look at the new registrants in the retail electricity sector in Issue 2 of our Chart of the Week. This week we look at whether the growth in retail licence applications has continued and what sectors new retailers are focusing on....
Home supply and services
Chart of the week | Challenger suppliers: started from the bottom, now we here
We recently published our Domestic Market Share Survey for Q1 2020 (reporting date of 31 January 2020). This week's Chart of the week shows a shake-up of the rankings, unprecedented in the survey to date. Challenger brands now sit among the largest suppliers in the domestic energy market. This is due to...
Home supply and services
Chart of the week | Better together: consolidation in domestic retail
The last 12 months have been a tumultuous time for the domestic retail market and its energy supply. In particular, the high-profile sale of SSE’s domestic supply business to Ovo Energy has radically altered the market landscape. As well as the transfer of npower customers to E.ON UK. This Chart...
Low carbon generation
Australian Chart of the week | Falling wholesale power prices, but for how long?
The Australian Energy Market Commission (AEMC) has recently published its Residential Electricity Price Trends report. The report's key finding shows that household power prices may fall over the next three years. This is likely due to a drop in wholesale prices which is a consequence of improved supply of generation...
Business supply and services
Chart of the week | TPIs earn 20% more from business energy deals
This week’s Chart of the Week is taken from our recent Third Party Intermediaries (TPIs) in the Business and Industrial Supply Markets report. The chart explores the revenues available to SME and I&C TPIs from negotiating business energy contracts and highlights that in 2019 TPIs could target a significantly larger revenue pool compared to 2018. In...
