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In fact, the majority of businesses in the UK can expect to see their energy costs rise by 25% by 2020. It’s difficult to predict whether wholesale energy costs will rise or fall in coming years, but we can be certain that non-commodity costs will rise significantly. This will lead to a considerable increase in […]

The report, which was carried out by International Renewable Energy Agency (IRENA), shows that the costs of renewable energy generation have fallen significantly in recent years. Onshore wind generation costs have fallen by around 23% since 2010, while the cost of solar photovoltaic (PV) electricity has fallen by 73% in the same period. IRENA predicts […]

At Inenco, our water team has been busy helping businesses to review their existing contracts and either renegotiate with their current supplier, or switch to a better supplier for their business. They have seen how the market has already evolved and they know what to look out for in 2018, so we sat down with […]

EU Emissions Trading Scheme (EU ETS) updates The EU ETS 2019 reporting deadline has become something of a Brexit-related “hot potato”. This is because the usual deadline, 31st March, will fall after the UK’s anticipated date for departing the EU. Following a November consultation with stakeholders, the Environment Agency (EA) published an initial response in […]

In recent years, energy managers have faced a number of unforeseen events, from the Brexit vote in 2016 to the snap general election in 2017. As we don’t have a crystal ball, it’s likely that 2018 will hold further surprises – but there are some key energy events that we know will happen this year […]

As the energy industry is constantly evolving, it can be easy to miss important changes – or even work out which changes affect your business, and what you should do to prepare for them. To make sure you haven’t missed any of the key energy events of 2017, here’s a recap: Further political upheaval Since […]

While our research has shown that the non-domestic market will take longer to deploy IoT devices than the domestic market, due to plant replacement schedules, many businesses will face the challenge of dealing with big data in coming years. So how can we expect the way we work to change with the influx of data? […]

With that in mind, we’re taking a look at the energy events we already know that we can expect in the coming decades. By 2020, Britain will have left the EU (or at least be in a 2-year transition process of leaving) and we’ll have seen the implementation of a number of changes within the […]

The white paper outlines the Government’s plan for improving the UK’s productivity rates, which are lagging behind other developed economies, such as the US. It focuses on five foundations of productivity, including innovation, people, infrastructure, places and business environment. The Government has committed to spending 2.4% of GDP on research and development by 2027, with […]

Levy Controls It has been confirmed that the Control for Low Carbon Levies will replace the Levy Control Framework. The Government says this reaffirms its existing commitments and provides clarity to industry out to 2025 about the future support for low carbon electricity. We welcome the move; low carbon subsidies account for around 25% of […]

UNCCC Conference The UN Climate Change Conference in Bonn took place between the 6th and the 17th November. The Paris Agreement aims to keep the increase in average global temperature to under two degrees above pre-industrial levels. However, as current research suggests that temperature is changing faster than previously understood, it is hoped that a […]

Q: What themes can we expect in the Autumn Budget? A: The Autumn Budget 2017 will set out the Government’s plans for the economy based on the latest forecasts from the Office for Budget Responsibility. Key policies that the Spring Budget specified would be included in Autumn Budget are the replacement of the existing Levy […]