covid-19

  1. Home
  2. covid-19
900k domestic customers affected by SoLR last 2 years

900k domestic customers affected by SoLR last 2 years

900k domestic customers affected by SoLR last 2 years: Analysis by Cornwall Insight shows that 1.7% of customers in the retail energy market have been with suppliers subject to the Supplier of Last Resort mechanism (SoLR) process. Between 2020 and 2019, 887,000 domestic customers were supplied by a company that exited the market via SoLR,…
Read More

High wholesale prices & negative pricing expected to grow

High wholesale prices & negative pricing expected to grow: Research from Cornwall Insight’s Benchmark Power Curve, which forecasts the power market to 2045 under different net zero scenarios, highlights volatility in the wholesale power market is set to increase. Its central case scenario predicts that the standard deviation of hourly wholesale prices could reach £41.8/MWh…
Read More

China’s CO2 emissions fastest rate in a decade

China’s CO2 emissions fastest rate in a decade: Current research reveals that carbon dioxide emissions in China excelled at the swiftest rate in a decade during the course of the 1st quarter of the year. Data by the independent organisation Centre for Research on Energy and Clean Air (CREA) indicates in the first quarter of…
Read More
Determining the price of the UK ETS scheme

Determining the price of the UK ETS scheme

Determining the price of the UK ETS scheme: Carbon prices, especially the EU Emission Trading System (ETS), have experienced considerable volatility over the last year, influenced first by COVID-19, which saw prices crash. More recently by expectations of increased EU climate ambitions, driving prices to record highs. Cornwall Insight considers the potential scenarios for UK…
Read More

Is the world’s sand shortage getting worse?

Is the world’s sand shortage getting worse?: The world may be heading towards a sand shortage Scientists warn, a global issue is predicted to intensify by the manufacture and rollout of Covid-19 vaccines. After water, sandGreen trains for Piccadilly line unveiled by TfL is considered the most consumed raw material. When mixed with bitumen, when…
Read More
Cornwall Insight Green Certificates survey: REGO rising

Cornwall Insight Green Certificates survey: REGO rising

Cornwall Insight Green Certificates survey: REGO rising: Renewable Energy Guarantees of Origin (REGOs) have recovered slightly from the fall that occurred due to COVID-19, according to the latest results from Cornwall Insight’s Green Certificates survey. In fact, the survey has seen a 15% and 14% rise in reported average REGO values for Fuel Mix Disclosure…
Read More
Business market share

Business gas & electricity market share changed

Business gas & electricity market share changed: The non-domestic gas and electricity market has fundamentally changed according to Cornwall Insight’s Business Gas and Electricity Market share Survey for Q420. According to the report the number of gas suppliers peaked in April 2019 at 77 suppliers and the collective market share by meters held by non-large…
Read More

Its likely COP26 may be postponed again due to COVID

Its likely COP26 may be postponed again due to COVID: A Scottish official has been reported as saying the COP26 climate summit may be postponed for a 2nd time if the condition  with the COVID-19 pandemic gets worse. The United nations gathering was first postponed last year & is currently due to take place from…
Read More

Price cap predicted to rise by at least £66/year

Price cap predicted to rise by at least £66/year: The latest forecasts from Cornwall Insight indicates that the default tariff price cap will increase by approximately £66 from April 2021 to £1,108 per year for a typical dual fuel direct debit customer – from its current level of £1,042. Robert Buckley Head of Relationship Development…
Read More

Scottish neighbourhoods accepted £3.2m for climate action

Scottish neighbourhoods accepted £3.2m for climate action: The Scottish Government has reported £3.2 million in funds to assist communities in tackling climate change & administer a green recovery due to the COVID-19 pandemic. The Community Climate Asset Fund will back a total of 279 programs, that contain the delivery of electric bikes, food growing supplies…
Read More
Menu