THE BRITISH INSTITUTE OF ENERGY ECONOMICS
Holds seminars, talks and conferences to promote a better understanding of energy matters from an economic perspective.
Financial health, per its FY2024 accounts
The accounts state that the charity consolidated its financial position with a net income of £6,256 for the year ended 31 December 2024, resulting in unrestricted reserves of £82,134. The trustees aim to maintain reserves sufficient to cover one year's average operation costs or two years' administration expenses, a target which the current reserves appear to exceed given the low staff costs. The charity is exempt from audit and underwent an independent examination which reported no matters requiring attention.
What the accounts disclose
“In terms of reserves, we aim to maintain a balance of funds sufficient to cover one year's average operation costs or two years' administration expenses.”
Trustees
- Dr Jorge Blazquez Lidoy
- Dr Mallika Ishwaran
- Dr Matthew Hannon
- Dr ROBERT JOHN KIRKALDY GROSS
- Firyuza Nafasova
- GARETH DAVIES
- George Alexander Day
- Janet Wood
- Joanna Whittington
- Michael Thompson
- Owen James
- PROFESSOR YELENA KALYUZHNOVA
- Professor Peter Taylor
- Vivienne Geard
- Volker Beckers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £71k | £65k |
| 31/12/2023 | £118k | £96k |
| 31/12/2022 | £61k | £51k |
| 31/12/2021 | £95k | £103k |
| 31/12/2020 | £30k | £70k |
Common questions
Is THE BRITISH INSTITUTE OF ENERGY ECONOMICS financially healthy?
Per its FY2024 accounts: The accounts state that the charity consolidated its financial position with a net income of £6,256 for the year ended 31 December 2024, resulting in unrestricted reserves of £82,134. The trustees aim to maintain reserves sufficient to cover one year's average operation costs or two years' administration expenses, a target which the current reserves appear to exceed given the low staff costs. The charity is exempt from audit and underwent an independent examination which reported no matters requiring attention. Its FY2024 accounts were independently examined.