The Energy Essentials Podcast

56) Impacts of backwardation on the Default Tariff Cap

Cornwall Insight

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.

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