Fears over future power shortages

Ian Parrett, an analyst at Inenco, said: "The bottom line is that we have left it too late to bridge the generation gap that is fast approaching.

"Delays in new generating capacity and the lack of levels of investment required to bring new generating capacity on-stream have put us in this situation, with the forced shutdown of older, coal-fired generating plants now looming on the horizon. The impact that will have is very worrying."

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UK energy policy - has it run out of steam?

But the alternative, refusing to admit that change is needed, will inevitably lead to "blackout Britain", according to Ian Parrett, from energy experts Inenco, with industry and homes facing regular power cuts as early as 2012.

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Watchdog issues household fuel price warning

Ian Parrett, of energy consultant Inenco, warned Britain had already left it too late to bridge the gap between older power stations going off-line and the emergence of new supplies "without making painful choices".

"We are left with a choice of meeting emissions targets or keeping the lights on," he said.

"The fact is that both domestic and industrial users will be hit hard by the failure to act - with supply becoming a major problem and with ever-increasing energy bills over the next decade."

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Watchdog issues household fuel price warning

Ian Parrett, of energy consultant Inenco, warned Britain had already left it too late to bridge the gap between older power stations going off-line and the emergence of new supplies "without making painful choices".

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Gas Supplies Running Out As Britian Shivers

Ian Parrett, of energy analysts Inenco, warned that the country was in danger of being held to ransom over gas prices and blamed a lack of investment in storage plants.

“We’re faced with a shortfall of supply created by a combination of the cold weather and the number of people returning to work and putting the heating back on putting extra demand on the system,” he said. “Some big companies on interruptible gas contracts risk a reduction or cessation of their supply.”

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Industry warned of cuts in gas supplies

Ian Parrett, of energy analysts Inenco, said Britain urgently needed more gas storage. “Since 1990 the need for imports has increased significantly whilst storage has lagged behind, highlighting the growing discrepancy in energy security,” he said.

“Worryingly, the recent economic downturn has seen several proposed new UK gas storage facilities shelved.”

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Profits surge 80% at Centrica's domestic arm

Nick Campbell, of energy analyst Inenco, said customers should be looking for cuts to their bills of about 10% as demand dropped in the recession causing the biggest energy glut in 20 years.

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Storm over environment minister who doubts climate change 10.02.09

Energy industry analysts warned that the Northern Ireland minister's skeptical views were "shared by many people", but suggested the debate prompted by the banning of the adverts would allow the evidence to be presented.

Inenco, one of the country's largest energy analysts, said the work to cut down on climate change emissions would also bring the benefit of "a much higher degree of energy security".

Ian Parrett, of Inenco, commented: "The target to meet an 80% reduction in emissions by 2050 means a complete reassessment of how we produce and consume both energy and goods. Success will only come when people work together."

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Inenco takes lead on green industry

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Britain 'will be immune' to gas shortages in Russian row 08.01.09

Ian Parrett of Inenco, the UK's largest energy analyst, said: "We are not experiencing supply shortfalls in the UK but the markets are already responding.

"With future dependence on imported gas, Britain needs to make energy security a key priority or risk being held to ransom. Direct Government investment is vital if the country is to meet this growing challenge."

Inenco has reported jumps in the "forward" and "spot" prices of gas of 10% and 20% respectively today, because of uncertainty about future supplies.

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Britain 'immune' from gas shortages 07.01.09

Ian Parrett of Inenco, the UK's largest energy analyst, said: "We are not experiencing supply shortfalls in the UK but the markets are already responding.

"With future dependence on imported gas, Britain needs to make energy security a key priority or risk being held to ransom. Direct Government investment is vital if the country is to meet this growing challenge."

Inenco has reported jumps in the "forward" and "spot" prices of gas of 10% and 20% respectively today, because of uncertainty about future supplies.

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New call for immediate cut in energy prices 07.01.09

Ian Parrett of St Annes-based energy analysts, Inenco, which five years ago called for a Government inquiry into fuel price tariffs, said: "The current issues in the gas supply market highlights the concern we have over the reliability of supply.

"We wouldn't expect to see prices dropping markedly in this time of uncertainty.

"There is still a perception the 'Big Six' energy companies are not as competitive as they could be and there does seem to be scope for further reductions without placing the risk factor of a fixed price onto customers."

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