• Inenco has 25TW (£2.4bn) energy under management, which could power the whole of Ireland for an entire year!
  • We have one quarter of the total energy use by UK Industry under management
  • Our customers are paying 48% less than the market price for their gas commodity. That's a saving of £480k per £1m that would have been spent
  • Our experts process over 93,000 invoices per month and we've recovered over £11m in over-charges for our clients in the last year
  • Inenco look after 8,000 customers across the group, managing 140,000+ meter sites
  • We provide support to over 500 businesses for energy and carbon management
  • Inenco supported over 320 organisations with ESOS Phase 1 compliance and carried out more energy surveys than any other independent consultant in the UK
  • Our solutions team have identified savings of £37.5m per annum for our clients, a total of 495,338,992 kWh savings identified
  • Last year we saved our CCA clients alone £25.5m

Closing of Rough Storage – Inenco Response

20th June 2017

CSL’s intention to permanently close Rough is disappointing news that will create uncertainty and could affect energy prices in winter months says energy consultant Inenco

Matt Osborne, principal risk manager at energy consultant Inenco, said:

“The news that Centrica Storage Limited intends to make all relevant applications to permanently end Rough’s status as a storage facility is disappointing.

“The UK remains reliant on gas, and this will continue well into the future. We are a net importer of gas, via pipelines from other countries. This vulnerability makes it essential to store as much gas as possible within the UK – and a strong plan of action will be required to compensate for the loss of Rough, the largest flexible gas storage facility in the UK. Britain has seven other major gas storage sites but they offer shorter injection and withdrawal times and less stock.

“We anticipate that the decision to close Rough will create uncertainty in terms of energy pricing. Though we haven’t seen a material impact on prices yet – most probably because there is still a significant amount of recoverable gas in the field, which could last for years – the pressure could come in the winter months, especially if we experience very cold conditions.”