Power prices to remain elevated until late 2030s, report warns

clock • 3 min read
Power prices to remain elevated until late 2030s, report warns

Latest long-term power forecast from Cornwall Insight warns rising power demand, increasing exports, and continued reliance on gas will mean prices are likely to remain high for years to come

Power prices in Great Britain will not shift below 2022 levels until the late 2030, a new report from Cornwall Insight has warned. In its latest GB Power Market Outlook to 2030 report the influential...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

IRENA: Renewable electricity avoided $480bn in global fossil fuel costs in 2025

IRENA: Renewable electricity avoided $480bn in global fossil fuel costs in 2025

Cost advantages enjoyed by solar, wind, and hydropower compared to coal and gas generation continued to widen in 2025, even before Iran war triggered spike in fossil fuel prices

Michael Holder
clock 02 July 2026 • 5 min read
New heat pumps help keep snow leopards cool at Chester Zoo

New heat pumps help keep snow leopards cool at Chester Zoo

Mitsubishi Electric reveals how latest installation is slashing emissions and helping to keep zoo habitats at safe temperatures

clock 02 July 2026 • 2 min read
The energy resilience imperative

The energy resilience imperative

Partner Insight: The case for electrification is stronger than ever, but grid constraints pose challenges - James Graham, divisional CEO for Digital & Energy Services at Equans UK&I, explains how organisations can build energy resilience today, without...

James Graham, Equans UK&I
clock 02 July 2026 • 4 min read