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energy bills
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Business supply and services
Predicted fall in the April 2023 Price Cap but prices remain significantly above the EPG
The predictions for the Default Tariff Cap in this piece are out of date, please click here to find our latest forecasts and commentary on the cap. Our latest Default Tariff Cap (price cap) forecasts for April – June 2023 (Q223) have dropped by over £600 since the last widely released figures...
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Energy storage and flexibility
Oil prices are dropping, so why are bills still high?
https://youtu.be/kEvKyeFGZb4 Video transcript Oil prices dropping… why are my bills still high? Last week, in particular, gas and power prices were very low. Gas for one day was 35p/th similar to what we were used to The drop is because Britain is now a major transit point for gas to...
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Heat networks
Heat and buildings strategy: Key points
On 19 October, the government released the Heat and Buildings strategy outlining how the government will tackle the decarbonisation of the built environment to help meet the UK net zero ambition. Our experts have taken a quick look at the strategy and highlighted the key points. Heating The strategy makes...
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Commercial and market outlook
Be the change you want to see – my takeaway from this year’s BIEE conference
On 13 September, I spoke at the British Institute of Energy Economics (BIEE) Energy for a net zero society conference. The conference considered the legacy of the Covid pandemic and how the means of recovery will influence the pace and direction of the net zero transition. The timing of the...
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Commercial and market outlook
Missile strikes and price spikes risk higher bills for UK customers
The past week has seen a period of renewed volatility in the energy market, notably in the oil price, given developments in the Middle East. With the missile strike by US forces on Iranian General Qasem Soleimani in Baghdad on 3rd January being followed by a retaliatory strike by Iran...
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Home supply and services
A delicate truth: Comparing electricity prices in Europe
This week, the Joint Committee on Climate Action (JCCA) recommended a legally binding renewable electricity target by 2030, with State-built grid connections to accommodate this. Implementation of such initiatives into policy has, in other countries, added to the final electricity bill for domestic consumers. In this week’s blog, we discuss the...
