In this week’s Pixie Chart of the Week, we discuss a recent report issued by PricewaterhouseCoopers (PwC) which highlighted the growing concerns Local Authorities (LAs) have in respect of energy costs. PwC surveyed four business types on six areas of energy strategy: cost, sustainability, security, related costs, smart energy and other.
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Related thinking
Home supply and services
Green certificate prices continue to rise amid BEIS proposals
On 16 August, BEIS opened the consultation ‘Designing a framework for transparency of carbon content in energy products’. This call for evidence invites views on whether the use of Renewable Energy Guarantees of Origin (REGO) certificates for annualised renewable energy matching inhibits transparency for consumers, and how the REGO framework could...
Commercial and market outlook
Chart of the week | UK carbon emissions were down 10% in 2020
BEIS published its provisional 2020 UK greenhouse gas emissions figures on 25 March. In this 'Chart of the week', we consider the significant impact of COVID-19 and the resulting lockdowns in the UK on carbon emissions last year. Carbon emissions in the UK are provisionally estimated to have fallen by...
Power and gas networks
Australian Chart of the week | Green hydrogen costs plummet, LNG prices soar
The ACCC currently calculates the LNG netback price as the price a gas exporter could receive for gas exports excluding the costs to convert and ship the gas. Asian cold weather and supply bottlenecks have driven the February LNG netback price to nearly $20 a gigajoule, more than double the...
Energy storage and flexibility
Chart of the week | Increasing electricity balancing costs and an increasing System Operator role
Last week saw the publication of Ofgem's review of GB energy system operation. This makes recommendations that the roles and functions of the electricity and gas system operators need to change in light of net zero. In this week's 'Chart of the week', I wanted to focus on one aspect...
Commercial and market outlook
Chart of the week | Nearly 6mn customers switched electricity supplier in 2020
This article was originally published as part of a larger piece in Energy Spectrum, published on 25 January 2021. To find out more about a subscription to Energy Spectrum, contact Nick on n.palmer@cornwall-insight.com. This week's 'Chart of the week' discusses the latest electricity switching figures from Energy UK, published on 21...
Regulation and policy
Chart of the week | Ofgem Switching Programme regains momentum
This 'Chart of the week' follows the seventh edition of Cornwall Insight’s Faster Switching Service (FSS), issued on Monday. Our FSS is designed to help readers understand Ofgem’s major industry programme to deliver faster and more reliable switching for consumers. The service comprises two elements: a walk-through of the entire...
Commercial and market outlook
Chart of the week | Survey reveals public underestimate role of heating in emissions
In this week's 'Chart of the week', we look at the findings published by BEIS from a survey of the British public on the transition to a low-carbon heating future on 1 September. Transforming Heat – Public Attitudes Research reveals that there is strong public support for carbon reduction policies,...
Home supply and services
Chart of the week | Road to recovery: COVID-19 and the smart rollout
The full impact of the COVID-19 pandemic on the smart meter rollout is uncertain, although modelling from BEIS and Ofgem has provided early indications of future installation levels. In this week’s Chart of the week we compare these assessments against pre-pandemic expectations. With the introduction of social distancing and lockdown...
