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Energy supplier consolidation expected to continue

Energy supplier consolidation expected to continue: The UK’s energy supply market has been undergoing a period of consolidation, with the number of fully licensed suppliers falling to under 50 from a high of 62 in 2018, according to a report commissioned by Shoosmiths and produced by Cornwall Insights – Consolidation in the domestic energy market.…
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Growing interest in renewable electricity from SMEs

Growing interest in renewable electricity from SMEs: Research from Cornwall Insight’s ‘TPI satisfaction survey’* found a growing interest in renewable electricity amongst businesses and Third-Party Intermediaries (TPIs). The ‘TPI satisfaction survey’ details TPIs’ views on the services they receive from energy suppliers. The 2020 edition asks which suppliers “meet TPI needs” best and how much…
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Renewable retail finance doubtful for mass capacity extras

Renewable retail finance doubtful for mass capacity extras: Merchant finance for renewables projects is unlikely to lead to mass capacity additions to the generation fleet, according to the latest insight paper from Cornwall Insight – Merchant renewables still face challenges. To gauge the market’s temperature, Cornwall Insight surveyed 258 individuals across the industry on what…
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48.9GW of new renewables projects in the scoping stages

48.9GW of new renewables projects in the scoping stages

48.9GW of new renewables projects in the scoping stages: Renewables projects labelled as “scoping” currently represents 50% or 48.9GW of the total viable pipeline capacity*, according to the latest analysis from Cornwall Insight. Of this 48.9GW “scoping” total, 38.6GW is from offshore wind, 5.0GW from battery projects, 3.0GW from onshore wind and 1.5GW from solar…
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Ofgem’s proposal to protect microbusinesses

Ofgem’s proposal to protect microbusinesses. The final proposal set by Ofgem has been sealed in the aim to protect microbusinesses throughout the UK from brokers who don’t stay in line. Energy brokers are still active in the UK to help customers compare energy and utility deals and ensure they find the most suited package for…
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20% of greenhouse gas emissions derive from carbon prices

20% of greenhouse gas emissions derive from carbon prices In recent statistics, the World bank stated, that carbon prices now hold accountability for over 20% of all greenhouse gas emissions. This is caused by a total of 64 carbon pricing instruments that are now in opera\tion worldwide. This new data suggests that that the cabon…
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