Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: April 2020

Quarterly Energy Prices Report

The Government has published its Quarterly Energy Prices report for October – December 2019. The report is helpful for understanding trends in energy pricing.  You can read the full report here.  Highlights which are relevant for business energy users: Average industrial prices in Q4 2019 rose by 5.6% for...

Historic Deal to Reduce Global Oil Production

Members of Opec, which comprises the world’s largest oil producers, have agreed a historic deal to reduce global oil production by almost 10% starting in May. According to The Guardian, the deal marks a truce in the oil price war between Saudi Arabia and Russia which had crescendoed in...

April Markets Update

Renewables records have been broken once again, thanks to a windy start to 2020. According to EnAppSys, renewables generated 35.4TWh of power in the first quarter of 2020 which is 44% of total UK generation. This comes amid news that global carbon emissions from the fossil fuel industry could...