Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: June 2019

Labour Party Announces Nationalisation Plans

Last month the Labour Party announced that it would take the National Grid back into public ownership. Its Bring Energy Home plan would bring the four licensed electricity and gas transmission companies back into public ownership and ‘replace existing private monopolies with publicly owned and locally run institutions’. A...

Government consultation on energy efficiency for SMEs

Last month saw the close of the formal ‘Call for Evidence’ on the Government’s Energy Efficiency Scheme for Small and Medium Sized Businesses. It’s thought the scheme could help create up to £2.5 billion a year in savings for SMEs and support the government’s target to ensure all businesses...

June Markets Update

Gas market trends All seasonal gas contracts fell in May, decreasing 3.0% on average. Winter 19 gas dropped 3.1% to average 54.5p/th. Summer 20 gas lost 2.7%, averaging 45.2p/th in May, a 3.1% increase from the same time last year. The annual October gas contract fell 2.9% to average...