Don’t expect energy prices to drop in Ireland anytime soon, according to Cornwall Insight
According to Cornwall Insight, energy prices could remain elevated in the Irish market until at least 2029 without more energy storage.
According to Cornwall Insight, energy prices could remain elevated in the Irish market until at least 2029 without more energy storage.
Ofgem has announced that it is increasing the energy price cap by 54%, although energy firms will still feel the heat.
Energy prices are set to rise for the majority of UK households, but should those on green tariffs see their bills rise?
The energy crisis could be far from over, according to Cornwall Insight, with prices possible remaining volatile into 2030 and beyond.
Owners of peaking assets have cashed in on higher prices following the launch of STOR (Short-Term Operating Reserve) as a day-ahead service.
Robert Buckley, head of retail and relationship development at Cornwall Insight, comments on Ofgem’s announcement that the default price cap will decrease by £17 to £1,162 for six months effective from 1 April 2020.
The recent risk of direct military conflict between the US and Iran has been reflected in the oil market, given the potential disruption to supplies from the region. Such volatility is set to reverberate across the energy markets, raising the prospect of
A recent report by PricewaterhouseCoopers (PwC) has highlighted Local Authorities’ (LAs) growing concerns surrounding energy prices.
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