UK coal plants set for £152m pay-out in capacity auction?

Developers of coal-fired power stations in the UK could be paid more than £150 million next year to keep the lights on. That’s according to energy market analysts at Cornwall Energy, who have published their forecasts for two Capacity Market auctions and their impact on consumer bills. National Grid’s T-4 auction for delivery in 2020/21 […]

UK government policies ‘to add £105 to energy bills by 2020’

Householders could be paying nearly £105 more for their gas and electricity every year by 2020 as a result of government policies aimed at keeping the lights on and supporting green energy projects. New research claims energy bills could increase by 124% in the next four years due to the cost of the Capacity Market, […]

More businesses buying energy from outside the Big Six

More businesses are choosing to buy their electricity and gas from outside the Big Six. That’s according to the latest market share report from Cornwall Energy. The rise is due to Britain’s energy markets becoming more competitive, the report states. It adds recent new entrants to the market mean “more than 40 companies are now […]

UK businesses back Ofgem’s rules for energy brokers

Almost half of UK businesses said they value help from third parties to compare energy prices across suppliers and negotiate the complexity of their contracts. That’s according to a new survey of 508 businesses, which claims a majority of them back Ofgem’s Code of Practice. It aims to increase the confidence of business customers engaging […]

Leading expert paints a gloomy picture for energy users

Householders and businesses could soon face another round of gas and electricity price hikes, according to an energy expert. Presenting at the Utilities Intermediaries Association (UIA) annual conference, Robert Buckley (pictured), Director of Cornwall Energy painted a gloomy picture for energy prices. He said third party charges and non-commodity costs would go up significantly as […]

Are Retail Markets in Turmoil?

Conference – 17 January 2013, Bridewell Hall, London. SSE’s Ian Marchant and Energy UK’s Angela Knight are two of the senior figures set to address delegates at Cornwall Energy’s Are Retail Markets in Turmoil? conference. The conference seeks to address the continuing government uncertainty surrounding energy policy and Ofgem’s Retail Market Review proposing fundamental structural […]

Small gas supplier pips big rivals to the post

A small gas supplier claims it has outdone some of its bigger rivals by installing more meters and supplying gas to the commercial sector. Harrogate-based CNG says it came ahead of Big Six firms Scottish Power and EDF Energy in a ranking of top service providers in gas for business, put together by consultancy Cornwall […]

ELN TV