price cap

Research by BOXT has found that East Renfrewshire in Scotland saw the highest rise in renewable energy installations within a year at 31.1%.

Ofgem's CEO has written to energy suppliers warning that they must “act in the interests of customers” instead of dividends.

Cornwall Insight’s latest price cap prediction for Q4 2023 has decreased by £107.05 due to Ofgem revising its Typical Domestic Consumption Values (TDCVs).

This week’s issue of Current± Price Watch – powered by Enact – explores the summer spike in demand which led to a coal fired power plant being ordered onto standby, the prediction of a falling price cap on household energy bills in Q4 2023, and National Grid ESO publishing its Early View of Winter Outlook report proposing the return of the Demand Flexibility Service (DFS) for the winter period of 2023/24.

“I think we have created skewed distribution,” said Domenico Tripodi, partner at the investment company, AIP Management, speaking at the Renewable Energy Revenues Summit 2023 (RER).

With Ofgem announcing yesterday (25 May) that the energy price cap would fall to £2,074 industry has reacted positively to the news.

Octopus Energy Group has today (25 May) announced the relaunch of its wholesale price smart tariff ‘Octopus Tracker’.

Cornwall Insight has released its final forecast for the Q3 2023 Default Tariff Cap (price cap) set at £2,053.77.

Cornwall Insight’s latest price cap prediction has shifted only £38 since March 2023, reflecting the UK’s wholesale energy market's decreased volatility.

This week’s issue of Current± Price Watch – powered by Enact – explores the record Dynamic Containment High (DCH) price set by Anesco, the UK Government’s pledge to rebalance electricity and gas prices, as well as Cornwall Insight’s price cap predictions for Q3 and Q4.