Efficiency inaction ‘could cost businesses £7.4bn’

If UK businesses don’t take action to manage their gas and electricity consumption, they can expect to pay an extra £7.4 billion on their energy costs by 2019. That’s according to a new report from energy consultancy Inenco, which suggests rising non-commodity costs, expensive carbon pricing and a fall in renewable support scheme incentives mean […]

Dave Cockshott leaves Inenco for SmartestEnergy

Dave Cockshott has been appointed as the Chief Commercial Officer (CCO) at SmartestEnergy. He will take on the new role – created as part of the company’s re-organisation to give it “real commercial focus” – from November this year. Mr Cockshott, former CCO at utility consultancy Inenco and former Industrial and Commercial Director and Domestic […]

Energy broker Inenco Direct to cut jobs

Energy broker Inenco Direct has announced it will be downsizing. It said there will potentially be job cuts at its offices in Liverpool and Lytham. The energy broker will confirm the number of jobs “once potentially impacted colleagues have had the opportunity to fully consider all their potential options”. A spokesperson told ELN: “Inenco is […]

UK businesses ‘overpaying by £500m on energy bills’

One in five business energy bills contain mistakes, from incorrect rates to meter reading errors. That could be costing firms around £500 million on their energy bills due to errors and inaccuracies across the supply chain, according to new research. Inenco analysed thousands of business energy invoices to find the most common errors and forecast […]

Inenco Y Report – 21st February 2017

Inenco brings you the weekly Y Report. A personal update of the world of energy.

Inenco Y Report – 14th February 2017

Inenco brings you the weekly Y Report. A personal update of the world of energy.

Inenco Y Report – 7th February 2017

Inenco brings you the weekly Y Report. A personal update of the world of energy.

Warmer temperatures to drive markets – Y Report

The main driver for energy markets over the next few weeks is temperature rising above normal seasonal levels. Rough Storage has had limited capacity for the whole of this winter period and mid-range storage levels are also starting to be depleted due to the recent cold snap, according to Inenco’s Y Report. A series of planned and unplanned nuclear outages have […]

Inenco Y Report – 31st January 2017

Inenco brings you the weekly Y Report. A personal update of the world of energy.

Inenco Y Report – 24th January 2017

Inenco brings you the weekly Y Report. A personal update of the world of energy.