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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

iGas joins with Engie to revive flagship Stoke-on Trent geothermal project

by New Power • April 7, 2021

iGas is looking at a number of strategic geothermal development locations including Newcastle, Crewe, and Southampton and is working at converting these into a development pipeline of projects, it has reported. The company completed acquisition of geothermal developer, GTE during 2020,…

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Longread

INTERVIEW: Doug Stewart, Green Energy UK

by New Power • April 7, 2021

Janet Wood talks to Doug Stewart about false starts on time of use tariffs, real-world trials on vehicle to grid, the fallout from Covid and why Ofgem’s plan to give customers back their credit balances is not about managing seasonality   …

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News

Good Energy signals digital direction as MoneySupermarket CCO Nigel Pocklington takes over

by New Power • April 7, 2021

Juliet Davenport will be succeeded as chief executive of Good Energy Group by Nigel Pocklington, who has been chief commercial officer of Moneysupermarket.com since April 2019. Good Energy said he had, “Strong, relevant, and current commercial experience at a senior…

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News

Over £1 million in UKRI funding awarded to nine energy data innovation projects

by New Power • April 6, 2021

UKRI has  announced over £1 million of new funding across nine new digital energy data projects. The funding is being awarded through UKRI’s ‘Modernising Energy Data Applications (MEDA) phase 1’ competition. Urbantide leads a project on supporting fuel poor households with…

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News

Northern Ireland system operator needs reform, says regulator: close tie to owner Eirgrid leaves customers out of pocket

by New Power • April 6, 2021

A poor governance structure at Northern Ireland’s electricity system operator (SONI) that leaves it closely managed by owner Eirgrid is potentially detrimental to consumers, with the potential for higher prices, favouring shareholders over consumers and blocking competition. Those fears were…

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News

Gore Street storage fund raising cash to speed up acquisitions

by New Power • April 6, 2021

Gore Street Energy Storage Fund is set to acquire an 80MW energy storage project “ in the coming weeks” the company said, as it opened a new share issuing. The battery storage company said it had a  development pipeline of 1.3GW of…

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Longread, News

Power Responsive Report: Stacking revenues from Balancing and Frequency Markets will be “game changing” for batteries, says NGESO

by New Power • April 5, 2021

NGESO wants to nearly triple procurement of frequency response in its new Dynamic Containment product, up to 1400 MW in 2021, but so far providers have fallen short of meeting the system operator’s current 500MW target. In its annual ‘Power…

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News

Launching ‘Buildings as a Grid’, Eaton says smart onsite power is key to buildings that support EV charging – and the wider grid

by New Power • April 5, 2021

‘Buildings as a Grid’ is the new keyline from power management company Eaton. It acquired EV charging company Green Motion in March and it and has launched a suite of hardware, software and services that enable building owners to step up…

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News

NextEnergy claims record for UK’s largest solar farm at 75MWp

by New Power • April 1, 2021

 Solar investor NextEnergy Capital Group has claimed the record for the largest solar farm constructed and energised in the UK with the 75MWp Llanwern farm. The £43M solar farm in Newport, Wales is one of two new subsidy-free solar farms brought…

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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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