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In The Press
International Press
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Green tax will leave public sector worse off "Money from public sector organisations that fall in the bottom half of the table will be returned to those in the top half whether they are commercial or public organisations," said Rebecca Seabury, of energy analysts Inenco. Unless investment plans change, it's hard to see [the public sector's] energy consumption falling dramatically," said Ms Seabury. "Unless there's the chance to invest in energy-saving measures, league table positions are likely to tumble."  Read more |
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Suppliers have hinted that prices will rise substantially this winter, hitting domestic consumers and big commercial users. But Jeremy Nicholson, of the Energy Intensive Users' Group, said it was surprising for a supermarket to move into power trading: "I'm not aware of any wider movement to do this yet, but with power prices becoming more volatile there is more commercial incentive to get close to the market." Ian Parrett, an analyst at Inenco, the energy consultancy, said playing against the big traders would be difficult: "It's very unusual at the moment, but possible." Read more |
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Huge expansion for energy firm Inenco managing director Michael Abbott said: "The expansion of our operation at Petros House shows how far we've come as a company. Read more |
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Energy firm Inenco powers ahead
Managing director Michael Abbott said: “The expansion of our operation at Petros House shows how far we have come as a company and also highlights our firm commitment to our home town base. "We are continuing to focus on building our business across the North West, benefitting from the unparalleled energy industry expertise that exists within the region.” Read more |
National Press
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Gas Supplies Running Out As Britian Shivers
Ian Parrett, of energy analysts Inenco, warned that the country was in danger of being held to ransom over gas prices and blamed a lack of investment in storage plants. “We’re faced with a shortfall of supply created by a combination of the cold weather and the number of people returning to work and putting the heating back on putting extra demand on the system,” he said. “Some big companies on interruptible gas contracts risk a reduction or cessation of their supply.” Read more |
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Industry warned of cuts in gas supplies
Ian Parrett, of energy analysts Inenco, said Britain urgently needed more gas storage. “Since 1990 the need for imports has increased significantly whilst storage has lagged behind, highlighting the growing discrepancy in energy security,” he said. “Worryingly, the recent economic downturn has seen several proposed new UK gas storage facilities shelved.” Read more |
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Profits surge 80% at Centrica's domestic arm
Nick Campbell, of energy analyst Inenco, said customers should be looking for cuts to their bills of about 10% as demand dropped in the recession causing the biggest energy glut in 20 years. Read more |
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Storm over environment minister who doubts climate change 10.02.09
Energy industry analysts warned that the Northern Ireland minister's skeptical views were "shared by many people", but suggested the debate prompted by the banning of the adverts would allow the evidence to be presented. Inenco, one of the country's largest energy analysts, said the work to cut down on climate change emissions would also bring the benefit of "a much higher degree of energy security". Ian Parrett, of Inenco, commented: "The target to meet an 80% reduction in emissions by 2050 means a complete reassessment of how we produce and consume both energy and goods. Success will only come when people work together." Read more |
Local Press
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Inenco takes lead on green industry
ENERGY giant Inenco is to host a UK summit aimed at delivering a carbon neutral economy.
The St Annes-based firm will host the conference in London at the end of the month.
It will use the event to promote its Challenge 2050 programme, which aims to significantly reduce the carbon footprint of major companies. Read more |
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Britain 'will be immune' to gas shortages in Russian row 08.01.09
Ian Parrett of Inenco, the UK's largest energy analyst, said: "We are not experiencing supply shortfalls in the UK but the markets are already responding. "With future dependence on imported gas, Britain needs to make energy security a key priority or risk being held to ransom. Direct Government investment is vital if the country is to meet this growing challenge." Inenco has reported jumps in the "forward" and "spot" prices of gas of 10% and 20% respectively today, because of uncertainty about future supplies. Read more |
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Britain 'immune' from gas shortages 07.01.09
Ian Parrett of Inenco, the UK's largest energy analyst, said: "We are not experiencing supply shortfalls in the UK but the markets are already responding. "With future dependence on imported gas, Britain needs to make energy security a key priority or risk being held to ransom. Direct Government investment is vital if the country is to meet this growing challenge." Inenco has reported jumps in the "forward" and "spot" prices of gas of 10% and 20% respectively today, because of uncertainty about future supplies. Read more |
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New call for immediate cut in energy prices 07.01.09 Ian Parrett of St Annes-based energy analysts, Inenco, which five years ago called for a Government inquiry into fuel price tariffs, said: "The current issues in the gas supply market highlights the concern we have over the reliability of supply. Read more |
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