News

As the energy industry wakes up to the news of the collapse of small energy supplier GB Energy Supply, a watchful eye will no doubt be focused on other new-challenger suppliers, whose business models are being tested by increasingly volatile market and economic conditions.

Below is a copy of the open letter we sent to BEIS (Department for Business, Energy & Industrial Strategy) on the afternoon of 28th November 2016 in response to the Autumn Statement.

The Chancellor has given his autumn statement update. The key energy updates, announcements and policies are summarised here.

Following today’s consultation announcement regarding the closure of all coal-fired power stations by 2025, Dave Cockshott, chief commercial officer, Inenco Group, said:

The Government has confirmed Hinkley Point C project following new agreement in principle with EDF. Dave Cockshott, CCO at Inenco, commented.

Inenco Group celebrates after being shortlisted for ‘Energy Buying Team of the Year’ and ‘Third Party Intermediary of the Year (Broker) – Over 50 employees’ at the national Energy Awards.

National Grid has made a surprise decision to withdraw Demand Side Balancing Reserve (DSBR) for the coming winter. Dave Cockshott, CCO responds.

Businesses have called to focus on a BEIS long term certainty strategy for energy policy and voiced concerns about the de-prioritisation of climate change.

Inenco were rewarded with the Energy Buying Team Award for the second year in a row at last week’s Energy Live Consultancy Awards (TELCAs) in London.

EDF announced its decision to proceed with a new nuclear power station Hinkley Point supplying 7% of the UK’s energy needs when it begins operation.

Inenco hosts its largest event to date the 'Summer Energy Forum' at their head office, with a number of guest speakers, Lord Digby Jones headlines.

Announcement: Inenco leadership change. The UK’s leading energy advisory service, announces Michael Abbott, CEO, is stepping down from the Board.