The Energy Essentials Podcast from Cornwall Insight

56) Impacts of backwardation on the Default Tariff Cap

August 24, 2022 Cornwall Insight
The Energy Essentials Podcast from Cornwall Insight
56) Impacts of backwardation on the Default Tariff Cap
Show Notes

Dr Craig Lowrey joins Veronica Truman to talk about Ofgem’s decision to proceed with a backwardation allowance window of six months in the wholesale methodology when calculating the Default Tariff Cap. 

The timing of the decision is discussed, along with implications for suppliers and consumers, and how it impacts forecasts for the upcoming Default Tariff Cap levels.