• 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

Rudd’s Plans Could Reduce Supply Margins And Leave Us Vulnerable To Global Markets: Inenco Response

18th November 2015

Rudd’s plans could reduce supply margins and leave us vulnerable to global markets – Inenco response

On the back of Amber Rudd’s announcement today, energy consultants Inenco are warning that unless investment conditions for gas change, we could see coal plants close earlier than 2025 leaving the UK with even tighter supply margins.

Matt Osborne, Principal Risk Manager at Inenco Group, said:

“Today’s announcement by Amber Rudd MP could lead to tighter margins, by closing down plant without doing enough to encourage new investment in future energy generation. The decision to phase out coal within ten years will likely accelerate the closure of coal plants before 2025, as owners seek to reduce exposure to stranded assets that are already uneconomical to run. This could have a negative impact on already tight supply margins as new investment is simply not coming forward to replace old coal plants.

“Ten years is too short a timescale to rely on new nuclear, and conditions are not favourable enough to bring forward new investment in other forms of generation. If coal is phased out and renewable investment dries up, the UK could find itself over reliant on gas, exposed to fluctuations in the global commodity markets, and with far tighter margins. Businesses and consumers could find themselves footing the bill in future years for decisions being made today.”