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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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Editor's blog

Conservative Party under pressure from business to deliver Net Zero policy – and devolve action locally

by New Power • October 7, 2021

Andrea Leadsom MP famously asked whether climate change was real when she was appointed energy minister in 2015, and said “we have enough wind farms”. This year at the Conservative Party conference she put that question firmly to bed, describing…

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Editor's blog, News

Good neighbours – and HVDC – could help manage energy droughts in future

by New Power • October 5, 2021

The search for power supplies that will provide solutions to still, cold weather periods that leave the GB market short of supply at the same time as its neighbours, has driven more interest in gas storage and in a ‘further,…

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News

Industry process to be re-examined after new rise means credit requirements for energy companies have doubled over October

by New Power • October 4, 2021

Energy companies struggling to manage their finances are set to be hit again at the start of November when they are called on to post more cover to back the rising cost of energy – and the credit calculation process…

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News

Ofgem investigating whether two companies took advantage of network constraint payments

by New Power • October 4, 2021

Regulator Ofgem has opened an investigation into the behaviour of two electricity generating companies asked by the system operator to accept bids to reduce generation to help manage transmission constraints. The Electricity System Operator manages transmission constraints by instructing generators…

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News

Could electric vehicles support the Capacity Market? BEIS asks for evidence on progress

by New Power • October 4, 2021

BEIS wants to know whether new generating technologies have emerged in the last year that could participate in future Capacity Market auctions. In its annual consultation, it asks specifically whether and how electric vehicles connected to the grid could access…

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News

Environmental Audit Commitee opens inquiry into carbon capture technologies with potential for negative emissions

by New Power • October 4, 2021

The Environmental Audit Committee (EAC) wants evidence for its new inquiry into negative emissions technologies. It says the government has previously indicated that negative emissions technologies will play a role in meeting Net Zero, with a specific focus around using…

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News

Ofgem names five suppliers together owing £7M in renewables payments, warns they could lose supply licences

by New Power • October 3, 2021

Ofgem is set to issue five suppliers with final orders to compel them to make £7 million in outstanding payments to comply with the Renewable Obligations (RO). The suppliers are • Ampoweruk , owing £3,590,236 • Whoop Energy, owing £56,306…

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Editor's blog

Can Labour make a greener UK an election winner?

by New Power • September 30, 2021

The news today that the government is considering shifting green levies from electricity to gas supplies is welcome in the long term. In the short term it needs careful planning – and a positive message for people already struggling with…

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News

Ecotricity’s increased offer gets little takeup from Good Energy shareholders

by New Power • September 30, 2021

With ten days to go before its offer for Good Energy share closes, Ecotricity says it has received acceptances for just 3% of the issued ordinary share capital. The offer, which closes on 10 October, was increased from 360p to…

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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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