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Queen's Speech
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Press Releases
Cheapest fixed tariff energy deals £1,700 more than the Price Cap
Research from Cornwall Insight using data compiled by Comparison Technologies, has shown the average price of the cheapest ten fixed price deals for new direct debit customers in April was £3,685 a year, £1,714 more than the current Default Tariff Cap. The research shows that despite Aprils £693 Cap increase,...
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Media Mentions
Energy Live News| Quarterly Price Cap
Ofgem have proposed moving the Price Cap to a quarterly review system. Principle Consultant Dr Craig Lowrey featured in Energy Live News discussing our preliminary forecasts for an average domestic energy bill under the proposed new system. Our initial view based upon the information and draft models provided by Ofgem...
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Media Mentions
City AM| Government needs to spend £20bn on battery storage to meet renewable goals
Research from Cornwall Insight has shown the government will need to spend 18% of its total energy technologies investments on battery storage to stabilise the energy market and meet 2030 renewable goals Senior Modeller Tom Edwards spoke to City AM on why a new mix of power generation will increase...
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Media Mentions
Current+| Energy Bill announcement
The Queen’s Speech included a much-anticipated announcement that an Energy Bill will be introduced at some point over the next parliamentary session. CEO Gareth Miller spoke in Current+ on the extension of the Price Cap included in Bill The original legislation for the cap saw it time limited and with...
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Press Releases
Cornwall Insight’s response to the Queen’s Speech
Gareth Miller, CEO at Cornwall Insight: ”The Energy Bill proposed in the Queen’s Speech today is a logical conclusion of policy development in the period since the net zero commitment was made in the summer of 2019. It accommodates support for the government’s preferred production technologies alongside more recent...
