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GB BPC
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Press Releases
Power price projections fall amid high European gas stocks
The latest projections from Cornwall Insight's Q1 Power Curve suggest that the recent drop in power prices is here to stay, extending all the way to the end of the decade. The new data shows a striking decline in projected prices, which bodes well for both households and businesses, offering...
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Press Releases
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...
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Press Releases
New forecast warns power prices to remain elevated until late 2030s
Cornwall Insight has unveiled its latest GB Power Market Outlook to 2030, revealing that power prices in Great Britain will not shift below pre-2022 levels until the late 2030s. The report cites the surging demand for power as the main driver behind this trend, as the move to electric heating...
