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Tuesday’s wholesale power price surge

Cornwall Insight comments on Tuesday’s wholesale power price surge   Tuesday saw a series of events in the UK and Europe wholesale gas and power markets that contributed to a sharp day-on-day jump in prices, putting a stop to the recent downward trend in wholesale prices. Tuesday’s wholesale power incidents: In France, news of problems…
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Price cap falling but set to rise in April 2020

Price cap falling but set to rise in April 2020 Today, Ofgem announced the default price cap would decrease by £75 to £1,179 per year for the six months effective from 1 October 2019. However, this is unlikely to last with Cornwall Insight’s Price Cap Predictor showing the default price cap is set to increase…
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