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What is New Power?

New Power is a specialist report for anyone with an interest in the UK energy industry. We look in-depth at all the issues that have to be addressed to rebuild our industry – moving from a our centralised high-carbon power system to one that will provide heat and power securely, affordably and with minimal carbon dioxide emissions.

Why do you need New Power?

The UK energy sector is beginning unprecedented change. Over the next 20 years, more than 40GW of power generation capacity must be built to replace our ageing fossil fuelled and nuclear power stations. It is estimated that more than £100 billion will be spent on plant and related infrastructure – faster build-out than ever before. Our in-depth analysis, news and industry tracking data is your key to unlock this complex and fast-changing industry.

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News

Offshore renewables dedicated to oil and gas facilities to be excluded from CfDs

by New Power • December 21, 2022

The government is set to tighten up startup dates in a consultation on the future of the Contracts for Difference (CfD) mechanism for renewable energy. The CfD regime currently allows for phasing of offshore wind projects but the government highlights…

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News

Three councils share £30M of funding for green heat projects

by New Power • December 21, 2022

Three councils will share funding of £30 million to develop heat networks. The funding was awarded under both the Heat Network Investment Project (HNIP) and its successor, the Green Heat Network Fund (GHNF) launched in March 2022. The funding is:…

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News

Cushaling wind farm to see Ireland’s largest turbines

by New Power • December 21, 2022

Vestas has received a 56MW order from Statkraft Ireland for nine V162-6.2 MW wind turbines for the Cushaling wind project. Kevin O’Donovan, Managing Director of Statkraft Ireland, said: “We are delighted that the installation of the V162-6.2 MW turbine in…

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News

Crown Estate offers survey data for floating wind developers

by New Power • December 20, 2022

The Crown Estate has awarded its first contracts in what is anticipated to be a multi-million pound series of technical and environmental surveys around potential locations for new floating wind farms. By investing in the surveys at an early stage…

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News

TRIG acquires battery project, hopes to bring forward 2031 connection date

by New Power • December 20, 2022

The Renewables Infrastructure Group (TRIG) has acquired a 100% equity interest in Project Spennymoor, a battery development project which will have a total capacity of 100MW / 200MWh when completed, from RES. Project Spennymoor is situated in County Durham, close…

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News

Angus Energy seeking new £7M funds to reopen Saltfleetby gas field, starts geothermal investigations

by New Power • December 19, 2022

Oil and gas company Angus Energy has allocated £0.5 million in a £7 million fundraising to source gravimetric and seismic data in west Devon in search of opportunities for geothermal projects, planned for the first half of 2023. The mainly…

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News

Piclo platform to host Scottish market to cut constraint costs for NGESO

by New Power • December 18, 2022

Piclo has beaten other tenders to run a local constraint market for National Grid ESO, to help clamp down on fast-rising costs at the boundary between England and Scotland. The new initiative will allow Scottish homes and businesses to participate…

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News

Anesco picks up revenue optimisation for Gresham House batteries

by New Power • December 18, 2022

Anesco’s Revenue Optimisation team is to optimise 15MW of operational battery storage capacity for Gresham House. The batteries will participate in all appropriate markets, including FFR and the dynamic services, as well as wholesale trading opportunities that present over the…

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News

Networks brief stakeholders on procedures for rolling blackouts

by New Power • December 15, 2022

The System Operator says it still regards rolling power cuts for consumers as ‘unlikely’ over the coming weeks but the possibility that they will be required means suppliers and network companies are going out to brief customers on how such…

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Coming up in New Power:

DATA offshore wind power project monitor;
ANALYSIS cash-out reform and its interactions; looking forward to IED
Further out, we'll be looking into constraint costs and the capacity market – contact us if you have comment

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