Current+| Volatile energy prices

Current+ reported on Cornwall Insight’s Benchmark Power Curve, which forecasts that volatile wholesale energy prices could continue into 2030 and beyond.

Tom Edwards, Senior Modelling Consultant, explained that low nuclear and coal assets, coupled with an overreliance on imported energy could leave the UK vulnerable to variable pricing.

A greater focus on resilience and risk above efficiency and low costs across our economy is needed. This will include a significant role for the state, especially if they are to guide us through the enormous technical and sociological changes required to deliver the net zero ambitions industry and government have promised to the electorate

Tom Edwards