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price
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Announcement
BBC interview | Robert Buckley discusses Ofgem’s price cap
Due to market volatility, world events and Ofgem's new methodology, our price cap prediction has changed. Please see the latest predictions via our blogs page here Updated price cap figures here Robert Buckley spoke to Felicity Hannah on BBC Five Live’s Wake up to Money programme ahead of Ofgem’s announcement...
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Energy storage and flexibility
The future of power prices: Black swans and dragon kings
Understanding the long-term trajectory of the wholesale market is critical to new generation assets and their investment viability. Here at Cornwall Insight, we support market participants in assessing the potential outlook for wholesale power markets through our long-term market Benchmark Power Curve service. We’ve just updated our latest curves out...
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Low carbon generation
Under pressure: Price cannibalisation in the SEM
After the publication of Project Ireland 2040 and Climate Action Plan 2019, it looks increasingly likely that renewables will be a significantly larger proportion of the generation mix. This development has and will increasingly see renewable projects look to the wholesale power market to underpin investment, a complicating factor of this...
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Home supply and services
NI electricity prices are rising – All you knead to know
Last week two of the largest electricity suppliers in Northern Ireland, Electric Ireland and SSE Airtricity, announced they are raising electricity prices for domestic customers by 8% and 6.9% respectively from 01 October 2019. These increases come days after the announcement from Northern Ireland’s largest supplier, Power NI, that they...
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Low carbon generation
The only way is up: drivers of carbon price increases
Introduction Significant bullish momentum has led to a 60% gain in 2018 EU Emissions Trading System (EU ETS) carbon prices (officially known as EU Allowances (EUAs) which represents one ton of CO2). The EU ETS, launched in 2005, has seen significant price fluctuations since its inception. Despite carbon prices starting...
