• 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

Toshiba’s Cumbria nuclear power plant being put on hold: Inenco Response

3rd May 2017

Commenting on the news that Toshiba will be putting its £15 billion nuclear power station in Cumbria on hold, David Cockshott, Chief Commercial Officer from Inenco, said:

“While nuclear power stations play a role in the UK’s energy mix now and potentially in the future, it’s important to remember there are alternatives that the UK should be investing in. The UK needs a mix of technologies that offer flexibility, security of supply and carbon reduction while stacking up commercially. We are fast approaching a time when the technology and costs associated with renewable energy combined with storage are becoming viable alternatives to large-scale power plants. A stable energy policy that actively encourages this diversification is called for.

“Toshiba’s announcement isn’t particularly surprising, considering the uncertainty that’s been created through Brexit and the big question mark over the commercial viability of nuclear energy.

“Above all, the UK’s energy sector needs a sound strategy, a clear vision for the future and strong investment. Businesses have repeatedly told us that they want a long-term policy framework that would not only deliver infrastructure investment to alleviate security of supply concerns but would also enable them to plan ahead, from procurement strategy to budgets for energy reduction projects and beyond.

“It is essential for a strong energy plan – involving a mix of technologies – to be put in place before Toshiba’s nuclear plant in Cumbria is revisited.”