Press and media mentions

Media mentions

• 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....

• 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

• Media Mentions

  New Statesman| Smart Meters and Energy Security

  Our Senior Consultant Anna Moss appeared on the New Statesman's Spotlight podcast, giving her insights on how smart meters can cut bills & boost energy security. New Statesman

• Media Mentions

  Telegraph| Business Energy Bills

  As support for business energy bills was scaled back by the government, our Principal Consultant Dr Craig Lowrey warned why in a worst case scenario this could see some businesses bills rise by 133%. Telegraph

• 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

• 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

• 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+

• 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

• 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...

• Media Mentions

  FT| Business energy prices

  With the less supportive Energy Bill Discount Scheme due to replace the Energy Bill Relief Scheme from 1st April, our Head of Relationship Development Robert Buckley spoke to the FT on the steep climb in energy bills some businesses will face. FT

• 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...

• Media Mentions

  City AM| Price of wind power

  Senior Consultant Alex Asher warned that the fifth allocation round of the Contract for Difference scheme could see the cost of wind power generation rise, as geopolitical concerns and inflation drive up capital, which could lead to higher auction prices. City AM

• Media Mentions

  Radio 4 ‘The Briefing Room’| Why are fuel and energy prices dropping?

  Kate Mulvany, Senior Consultant at Cornwall Insight, discussed the unexpected benefits of the recent winter for the energy market and the factors contributing to the decrease in wholesale prices with David Aaronovitch and Javier Blas. BBC Radio 4's 'The Briefing Room' - Listen at 06.05

• Media Mentions

  Current+| long-term power prices

  Following the release of our fourth 2022 GB Power Market Outlook to 2030 our Senior Modeller Tom Edwards spoke to Current+ on why our modelling predicted power prices were unlikely to reach pre-2021 levels this decade. Current+

• Media Mentions

  Guardian| Business decarbonisation

  In an interview with the Guardian, our CEO Gareth Miller discussed the potential negative impact of the government's Energy Bill Discount Scheme on the net-zero goals of UK businesses. He emphasised that cutting back on business support from April could lead to decreased investment, and suggested that shifting the policy...

• Media Mentions

  BBC News Online| Falling wholesale market lowers price cap forecasts

  Our first price cap predictions for 2023 were revised downward due to decreasing wholesale prices. Despite the decrease, our Principal Consultant Dr Craig Lowrey warned in a BBC article that even if energy prices remain low, government spending related to the Energy Price Guarantee will likely be passed on to...

• Media Mentions

  Daily Mail| Long-term wholesale prices high

  New modelling from Cornwall Insight included in our report – ‘Another winter of discontent?’ - was covered in the Daily Mail. Matthew Chadwick spoke on why the heavy reliance on foreign imports in the UK makes the country vulnerable to global rises. Daily Mail

• Media Mentions

  New Statesman| Interview with Gareth Miller CEO

  In an interview with the New Statesman, our CEO Gareth Miller discussed potential energy challenges for the upcoming winter, as well as our price cap forecasts, the windfall tax, potential solutions to the energy crisis, and Cornwall Insight's plans for the future. New Statesman

• Media Mentions

  Reuters| Supplier debt

  Following an Insight paper released by Cornwall Insight and Complete Strategy on bad debt and energy suppliers, Matthew Chadwick our Lead Research Analyst was featured on the Reuters website. Matthew spoke on the knock on effect the bad debt could have to suppliers, many of whom were already working to...

• Media Mentions

  Telegraph| Social Tariffs

  With much discussion on long-term energy bill solutions, Ed Reed our Group Head of Training spoke to the Telegraph on the benefits and concerns of introducing social tariffs. Telegraph

• Media Mentions

  City AM| Windfall tax on renewable generators

  A windfall tax on renewables generators would be disproportionate Matthew Chadwick a Lead Research Analyst at Cornwall Insight told City AM. With renewables having made significantly lower profits and being vulnerable to higher interest rates, a windfall tax could harm the roll out of renewables across the country, damaging net...

• Media Mentions

  Current+| Cost of charging EVs

  Oliver Archer Lead Analyst at Cornwall Insight was quoted in trade publication Current+ discussing the rising costs of charging EVs on the public network. He explained that although the Energy Bill Relief Scheme has provided charge point operators with some respite, it only applied to the wholesale elements of the...

• Media Mentions

  Eastern Daily Press| Norfolk Business Awards

  An interview with our CEO Gareth Miller was featured in the EDP after Cornwall Insight won the Outstanding Achievement Award at the Norfolk Business Awards. Gareth spoke about the honour of winning such an award, what makes Cornwall Insight stand out and our plans for the future. EDP

• Media Mentions

  Guardian| Energy Price Guarantee

  Craig Lowrey a Principal Consultant at Cornwall Insight was featured in the Guardian speaking on our latest price cap predictions for April, and why this means the EPG needs to be extended. Guardian

• Media Mentions

  ITV| Energy Price Guarantee

  Gareth Miller CEO at Cornwall Insight spoke to ITV on the domestic support the government were putting in place to help households with their bills. He also mentioned the vital support needed from the government to help businesses, which would need to be reviewed rapidly. ITV

• Media Mentions

  Times| Gas-fired generators

  Tom Edwards, a Senior Modeller at Cornwall Insight gave his insight to the Times on gas-fired generators being spared the windfall tax and why more expensive, inefficient gas plants were the ones setting the power prices. Times

• Media Mentions

  Guardian| Cost of the Energy Price Guarantee

  Cornwall Insight released our forecast on the costs the government may face by freezing energy prices at £2,500 for all consumers. Our CEO Gareth Miller, spoke on the chance the government was taking by introducing the Energy price Guarantee Guardian

• Media Mentions

  Guardian| Hydrogen could add costs to household bills

  Cornwall Insight warned that using hydrogen for domestic heating could be very expensive, with the Guardian reporting on our joint report with renewable energy charity MCS Foundation. Our Senior Consultant Jitendra Patel, spoke on why it is simply uneconomical to use 100% hydrogen for household energy. Guardian

• Media Mentions

  Politics East| Energy Price Guarantee

  Our CEO Gareth Miller was a guest on Politics East, discussing the new Energy Price Guarantee and what this means for domestic and non-domestic consumers. Politics East

• Media Mentions

  Telegraph| Energy Bill Relief Scheme

  Our Head of Relationship Development Robert Buckley spoke to the Telegraph on the newly announced energy bill support for businesses. He warned that while the short-term fix was welcome, the government must make longer-term reform of the energy industry a priority. Telegraph