Avid readers of Cornwall Insight Ireland’s blog will have seen last week our analysis on how switching rates could be impacted by new house registrations.
In this week’s blog, we expand on this theme to look at other potential factors influencing electricity switching, namely how the price of tariffs offered in the market impact the levels of switching seen, and how fluctuations in the price of tariffs drive switching behaviours in domestic users.
Commercial and market outlook
Almost two years ago, Ofgem approved DCP268 DUoS Charging Using HH Settlement Data, which will move existing non-Half Hourly (NHH) settled demand customers onto time-based Half Hourly (HH) Distribution Use of System (DUoS) unit rate charges. With the modification to be implemented in the DCUSA on 1 April, we revisit...
Net zero corporates and ESG
On 10 December 2020, Cornwall Insight hosted its Net Zero Business Forum. Held four days before the release of the UK government’s Energy White Paper, the focus was on the Prime Minister’s 10-point plan, the Spending Review and the National Infrastructure Strategy. Head of Relationship Development Robert Buckley and Head...
Commercial and market outlook
On 1 January 2021, the UK left the European Union (EU) and as such is no longer part of the Internal Energy Market (IEM). While the UK and the EU agreed a post-Brexit Free Trade Agreement (FTA) on 24 December, outlining how energy markets, interconnectors and regulation will be affected,...
Regulation and policy
On 1 August our latest update to the Energy Supplier Compliance Portal went live and included changes to the compliance landscape seen during May, June and July this year. Among other developments, Ofgem’s final proposals as part of the second phase of its Supplier Licensing Review (SLR) are reflected in...
Commercial and market outlook
This article was originally published on 9 June 2020 in our ‘Energy Spectrum Ireland’ publication. Since Cornwall Insight launched the Energy Spectrum Ireland Service in 2015, it has been providing insight on key developments in the energy markets in Ireland. With the macro market trends of decarbonisation, decentralisation and digitilisation,...
Business supply and services
According to National Grid’s 2019 Future Energy Scenarios[1], meeting decarbonisation targets could require deployment in GB of 13GW of flexibility from commercial and industrial consumers by 2050, compared to around 1GW currently available. While there are currently no comparable forecasts for domestic demand-side response (DSR), energy suppliers and technology companies...
Regulation and policy
100 days have passed since the UK was placed into lockdown and, as the government looks to continue easing of restrictions, it’s worth reflecting on where we’ve been and start looking ahead to where we’re going. Thanks to papers from Citizens Advice and National Energy Action (NEA) we now have...
Commercial and market outlook
Regen, in association with Wales and West Utilities, has published a research paper exploring the challenge of decarbonising heat in the UK. The Decarbonisation of Heat paper was published on 9 March. Problem In comparison to other European markets, the UK is still highly dependent on natural gas to provide heat...
