Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: February 2016

New office manager joins IEC

We are delighted to welcome Lynn Jones, our new office manager, to the team here at IEC. Lynne is an experienced office manager – she’s extremely organised and has a good eye for detail.  In her new role she will be responsible for administration and providing support to our...

Is it time to review your costs?

With the price of energy now at a record low, it could be a good time to review your energy contract.  Even if your contract isn’t due for renewal for some time, you can still potentially secure a new contract at a better rate to begin when your current...

New Welsh energy commitments

The Welsh Assembly has passed new climate change legislation committing the country to cutting carbon emissions by at least 80 per cent by 2050. According to the industry title Business Green, the introduction of the binding carbon reduction commitments will also require Natural Resources Wales (NRW), the Welsh body...

UK to face electricity supply challenge

A new report has warned that the government’s current energy policy framework risks leaving the UK short of the necessary electricity supplies to meet demand from end users by the middle of the next decade. Released on 26 January, the study, by the Institution of Mechanical Engineers (IMechE), analyses...

Power prices hit record low

Record low oil prices continued to drag UK gas and power contracts down in January. Sharp falls in oil prices, which dipped below $30/bl in January, remained the primary driver of gas contracts throughout. Summer 16 gas dropped 10.3% to average 29.3p/th.  Furthermore, a strong UK gas supply outlook...