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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

CCC: more UK gas extraction ‘not the solution’ to high gas prices

by New Power • February 24, 2022

Increasing the UK’s extraction of fossil fuels, whether that is expanding North Sea production or using shale gas, would not reduce the pressure of high gas prices on UK consumers, according to the UK Climate Change Committee (CCC). Speaking at…

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News

High power prices ‘more than offset’ low wind for Greencoat

by New Power • February 24, 2022

Greencoat UK Wind generated just four-fifths of its expected power in 2021, as low wind speeds affected its 1.4GW of installed capacity across 43 onshore and offshore operating wind farms in the UK and Northern Ireland. But although generation was…

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News

Long duration energy storage projects receive £4M funding

by New Power • February 23, 2022

Five ‘long duration storage’ projects have been jointly awarded over £4 million of funding by the Department for Business, Energy and Industrial Strategy (BEIS). The funding is intended to accelerate commercialisation such storage projects through to actual demonstrations. BEIS says,…

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News

Crown Estate Scotland set to offer seabed wind leases around oil and gas infrastructure

by New Power • February 23, 2022

Crown Estate Scotland is will open a bidding window in June 2022 offering offshore leases for specific types of offshore wind projects. The round will have two ‘pots’. One is for innovative wind projects sized at less than 100MW, which…

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News

Triodos and Grid Beyond to drive installation of £10M of behind-the-meter storage

by New Power • February 22, 2022

Grid Beyond has agreed a project financing facility from Triodos Energy Transition Europe Fund to invest £10 million in a pipeline of ‘behind the meter’ battery storage projects across the UK and Ireland. Triodos Energy Transition Europe Fund is the…

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Editor's blog

SMR reactors tend towards ‘business as usual’ for UK nuclear

by New Power • February 22, 2022

As Rolls Royce’s so-called ‘small modular reactor’ (SMR) technology takes steps towards being qualified and deployed in the UK it is beginning to look more like traditional nuclear generation. The company’s SMR reactor is among the leading UK SMR technologies,…

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News

IGas joins Cornish Lithium to develop geothermal heating schemes

by New Power • February 22, 2022

IGas and Cornish Lithium have agreed heads of terms to develop geothermal heating projects, and are considering sites to jointly develop a pilot scheme. The companies say a technical and commercial evaluation of a number of potential project locations is…

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News

Habitat Energy strikes deal to manage two batteries for Eelpower

by New Power • February 20, 2022

Energy storage company Eelpower has signed a three-year optimisation agreement for two 50MW batteries with Habitat Energy. The batteries are being built as part of Eelpower’s 2021 joint venture arrangement with Swiss infrastructure fund manager SUSI Partners. The projects, at…

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Editor's blog

The rooftop PV experience – one week after installation

by New Power • February 20, 2022

Yesterday at about 11am I ran away from my desk to put the washing on, vacuum the house and plug in anything that needs recharging. Work distractions apart, it’s unusual behaviour for me during the working day. But I suspect…

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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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