56) Impacts of backwardation on the Default Tariff Cap

An energy market podcast from Cornwall Insight experts

24-08-2022 • 9分

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.