• 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

Government announces its support for the development of next-generation nuclear technology: Inenco Response

8th December 2017

Commenting on the Government announcing its support for the development of next-generation nuclear technology, David Oliver, a consultant at Inenco said:

“The government has announced significant support to help the UK to become a world-leader in developing the next generation of nuclear technologies. Though the plans are long-term, meaning it will be years before today’s energy managers see an impact, we welcome funding for R&D in all areas of energy.

 

“We are also pleased that there has been some clarification around timings for new nuclear projects. The Government is now setting out the next steps to allow large new nuclear projects to apply for planning consent after 2025. This answers a previous query we had regarding the Control for Low Carbon Levies.

 

“In the Autumn Budget, it was announced that the Control for Low Carbon Levies will replace the existing Levy Control Framework. The new control sets out that there will be no new low carbon electricity levies until the burden of existing costs is falling – suggesting that, on the basis of current forecasts, there will be no new low carbon electricity levies until 2025. The Government said that existing contracts and commitments would be respected. However, as anything outside of this scope would be classed as a new levy, Inenco questioned whether new nuclear power stations (in addition to Hinkley Point C) will be put on hold until 2025.

 

“We are particularly pleased to note that the Nuclear Industry Council has placed more emphasis on reducing the costs of future nuclear energy, which has been a key concern for the Hinkley Point ‘C’ project.”