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weather
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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
The Guardian | New wind power record
Due to Storm Bella, on Boxing Day, more than half of the country’s daily electricity came from wind turbines. However, the reliability of wind energy is a concern. Our research shows that the electricity system operator increased its reliance on gas-fired power plants by 20% in September compared with the...
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Media Mentions
Greentech Media | Renewables and market prices
Tom Edwards Senior Modelling Analyst shared his thoughts on renewables and why European power prices have yet to see a significant fall in Greentech Media. There are several reasons for this including renewables still account for a relatively small proportion of generation. Tom explains that there’s another, more important factor...
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Media Mentions
Energy Live News | UK energy demand
James Brabben Wholesale Manager spoke to Energy Live news about the gradual rise in energy demand back up towards 2019 levels since July . He attributed the rise in demand for a few reasons. This includes the relaxing of lockdown measures and businesses opening back up. As well as the...
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Media Mentions
reNEWS | Price cannibalisation
We were asked to comment on price cannibalisation in ReNews today. c Price cannibalisation is the “depressive influence on the wholesale electricity price at times of high output from intermittent, weather-driven generation such as solar, onshore and offshore wind”. reNEWS
