Inenco were appointed to undertake a feasibility study for on-site power generation, with a focus on security of supply, which is critical to the premises operation as a financial centre.

• We undertook a detailed on-site investigation, and recommended that JPMC utilise their existing standby generation facilities to produce electricity at times when it is cost effective to do so.
• Our team of engineers project managed the installation of a range of monitoring and control systems, allowing the on-site generation plant to operate in parallel with the mains supply and to be controlled remotely.
• As a result, JP Morgan were able to achieve maximum efficiency and substantial financial benefits.

Inenco continue to provide support on an ongoing basis, advising JPMC on the most cost effective times to generate, depending on market conditions.

The project allowed a coherent strategy to be implemented with the minimum of disruption to normal operations, and savings of around £130,000 per annum were achieved.

Further to the success of this project, Inenco’s brief has been expanded by JP Morgan Chase to include the negotiation of electricity and natural gas supply agreements.