Media Mentions
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Media Mentions
PV Magazine| FCAS markets and battery profits
New forecasts from Cornwall Insight Australia revealed a lucrative and enduring role for batteries in the recently launched Very Fast Frequency Control Ancillary Services (VF FCAS) markets. Our Modelling Manager Ben Tudman spoke to PV Magazine on why the higher prices available will hopefully see appetite grow for involvement in...
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Media Mentions
The Energyst| Investment in renewables
Following the release of our Insight Paper ‘Race to net zero: Rebuilding Investor confidence in the UK’ Jamie Maule was interviewed in the Energyst. He highlighted concerns about international competition potentially hampering investments in UK renewables. He said, the UK isn't a lost cause, but we need sustained, long-term policies to...
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Media Mentions
Times| Households paid to cut energy
Prior to the 'Demand Flexibility Service' being activated, our Senior Modeller Tom Edwards spoke with The Times about the rising energy demand in winter and the worries surrounding insufficient wind output to meet the additional energy requirements. Times
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Media Mentions
City AM| Energy bills set to rise by 5%
We released our final price cap predictions for January 2024, showing that average bills would be rising by £100. Dr Craig Lowrey our Principal Consultant explained why the UK’s reliance on energy imports, made it inevitable that energy bills would rise from current levels. City AM
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Media Mentions
Independent| LNG Imports
Following the release of Cornwall Insight's paper 'The shifting sands of Liquified Natural Gas in Europe' our Senior Analyst Matthew Chadwick spoke in the Independent on why surging LNG demand in Asia, could leave Europe open to potential gas shortages. Independent
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Media Mentions
Solar Power Portal| Flexible energy report
New analysis from Cornwall Insight and Smart Energy GB, which comes from a joint report into flexible energy, was covered in Solar Power Portal. Our Senior Consultant Anna Moss spoke on how by empowering consumers to become the architects of their own energy usage, through initiatives including smart meters and solar power...
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Media Mentions
Radio 4 Today| October price cap forecast
Following the release of our final price cap predictions for October, our Senior Consultant Kate Mulvany was interviewed on Radio 4's Today Programme. She spoke on the upcoming cap, what bills could look like going through 2024 and what consumers need to consider when looking at new tariffs. Radio 4...
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Media Mentions
City AM| Energy Bill Support
Our Principal Consultant Dr Craig Lowrey spoke in City AM on the financial relief that the government and wider industry should be looking to provide consumers, given energy bills were predicted to stabilise well above pre-energy crisis levels. He also emphasised that the government needed to keep a focus on...
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Media Mentions
The Times| Long-term energy forecasts
The Times featured our Benchmark Power Curve forecast, revealing that energy prices were projected to remain elevated until the late 2030s, as stated by Tom Edwards, Senior Modeller at Cornwall Insight. In his conversation with The Times, Edwards explained that factors such as escalating power demand, growing exports, and dependence...
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Media Mentions
Envirotec|70% rise in public charge-points
Jamie Maule a Research Analyst at Cornwall Insight, featured in Envirotec magazine speaking on our new Electric Vehicle Country Attractiveness (EVCA) Index. He discussed how the increase in electric vehicle charging points in the UK signifies a positive stride towards an electrified transportation future. Envirotec
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Media Mentions
Business Green| Long-duration storage
Lead Research Analyst Matthew Chadwick spoke in Business Green on the joint Cornwall Insight and DLA Piper report on energy storage - ‘Ready and waiting: Opportunities for energy storage’. Matthew emphasised the opportunities the UK had to expand storage capacities, boost flexibility, and actively contribute towards the UK’s net zero...
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Media Mentions
Guardian| Slight fall in price cap predictions
Prior to the introduction of the July price cap, we released new forecasts that showed the price cap will only fall slightly over the winter, and are likely to remain above historic levels. Dr Craig Lowrey, a Principle Consultant at Cornwall Insight spoke on the urgency to review the price...
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Media Mentions
This is Money/Daily Mail| Energy prices
Wholesale energy prices are falling, however the July price cap level shows bills still remaining above historic averages, Head of Relationship Development Robert Buckley spoke to This is Money on why bills are not reducing faster. This is Money/Daily Mail
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Media Mentions
Eastern Daily Press| Cornwall Insight moving to larger offices
Our Head of Relationship Development Robert Buckley was interviewed by the EDP on Cornwall Insight relocating it's HQ to accommodate it's rapidly growing workforce. The move to the Atrium puts Cornwall Insight in the centre of Norwich and marks a new step in the journey of the company. EDP
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Media Mentions
Radio 4 Today| Price Cap
Our Senior Consultant Kate Mulvany was interviewed following Ofgem's announcement of the July price cap. Kate delved into the reasons behind the reduction in the price cap, shed light on the anticipated trajectory of customers' bills in the coming months, and explored the factors that could potentially influence energy prices....
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Media Mentions
Reuters| Price Cap
Our Principal Consultant, Craig Lowrey, was featured in Reuters, emphasising the need for cautious optimism regarding the energy crisis. While bills were projected to decrease, Craig cautioned that they would likely remain higher than pre-pandemic averages for the foreseeable future. Reuters
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Media Mentions
Financial Review| Closure of Liddell power station
Following news that the closure of Liddell power station could send Australian energy prices skyrocketing, our Modelling Manager Bed Tudman spoke to Financial Review on why the closure could lead to a rise in evening prices, with little room being left for outages in NSW. Financial Review
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Media Mentions
Politics Home| Smart Meters
Cornwall Insight collaborated with Smart Energy GB, to investigate the potential of smart meters in helping the UK stay energy secure. Our Senior Consultant Anna Moss discussed how smart meters could empower consumers to reduce overall consumption of electricity and gas and help with energy security. Politics Home
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Media Mentions
Renewable Energy Magazine| CFDs
Following our Insight paper on the implications of the rising cost of capital for the fifth round of the Contracts for Difference, Research Analyst Jamie Maule spoke to Renewable Energy Magazine on concerns rising capital could act to stifle competition and deter investors from the CFD round. Renewable Energy Magazine
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Media Mentions
Current+| REMA Consultation
On 8th March the government published it's REMA consultation summary. In response our Head of Assets & Infrastructure and Networks Tom Faulkner discussed why genuine reform of the energy market could only be accomplished through a structural transformation of the current market arrangements. Current+
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Media Mentions
Montel News| EU gas storage
Following the release of Cornwall Insight's Insight paper on EU gas storage levels, Lead Research Analyst Matthew Chadwick featured in Montel News, to discuss the positive news that gas storage levels were rising and likely to be nearly full by September. Montel News
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Media Mentions
Sky News Online| Price cap and the EPG
Ahead of the announcement of April's price cap, our Principal Consultant Dr Craig Lowrey cautioned that the announcement of a lower price cap by Ofgem would not prevent an increase in bills if the government proceeded with its plan to raise the EPG to £3,000 starting in April. Sky News...
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Media Mentions
Telegraph| Switching energy suppliers
As energy prices start to come down, Cornwall Insight told the Telegraph this may mean the return of more competitive energy tariffs. Senior Consultant Kate Mulvany said that millions of families may be able to switch energy supplier and reap the benefits of savings that they had been missing out...