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TPIs revenues fall by 18% due to COVID-19

TPIs revenues fall by 18% due to COVID-19: Third-party Intermediaries (TPIs) have seen a decrease in growth in both the Small and Medium Enterprise (SME) and Industrial & Commercial (I&C) sectors, as a result of COVID-19 and general market uncertainty, according to Cornwall Insight’s Annual TPI report. This led to a target revenue pool for…
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Cost of balancing Irish electricity reaches ten-month high

Cost of balancing Irish electricity reaches ten-month high: Research from Cornwall Insight highlights the cost of balancing the Irish electricity system has reached a ten-month high. The Imbalance Settlement Price (ISP) in the Single Electricity Market (SEM) has reached a ten-month high of €42.5/MWh throughout September.   The Balancing Market (BM) reflects the actions taken…
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Cable strikes up by 46% since end of lockdown

Cable strikes up by 46% since end of lockdown: Incidents of cable strikes have gone up by 46% since the end of the national coronavirus lockdown. New research by the Energy Networks Association (ENA) have suggested almost a third of construction workers and energy industry professionals are risking their lives because they fail to check…
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Could COVID-19 positively impact future EV sales?

Could COVID-19 positively impact future EV sales?: Research into the Society of Motor Manufacturers & Traders (SMMT) vehicle registration data by Cornwall Insight shows Battery Electric Vehicles (BEVs) in 2020 have already grown 76.1% on the whole of 2019.   SMMT recorded the lowest September car sales this century at 328,041 vehicles, down 4.4% on…
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