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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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Longread, News

Planning for Net Zero: developers ‘must think about their offer to local communities’

by New Power • March 29, 2021

REPORT: “The transition to Net Zero is asking a huge amount from local communities; more than we have ever asked of them before”. That was the warning from Phil Watson, strategic energy projects lead at Suffolk County Council, in a…

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News

Communities invited to bid by end March to host ‘next step’ fusion project

by New Power • March 29, 2021

Communities have  until the end of March to put forward proposals to host a fusion project, the so-called Spherical Tokamak for Energy Production (STEP), intended to be a major step towards commercialisation. The process  is being run by UKAEA, which is looking…

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News

Energy efficiency investor to install rapid charging points for BP, take availability revenues

by New Power • March 29, 2021

SDCL Energy Efficiency Income Trust (SEEIT) has signed an agreement with BP’s Chargemaster EV charging point operator to install “a significant number” of rapid and ‘ultra-fast’ EV charging locations, to be built by The Electric Vehicle Network (EVN) and  contracted through a 20-year, fixed price,…

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News

MED plans to site small reserve power plants ‘at scale and pace’ following listing

by New Power • March 29, 2021

MAST Energy Developments (MED) has said it will have 49MW of small generation providing reserve power in operation within a year, following a planned  listing on the London Stock Exchange on 14 April. The company said it has raised over £5…

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News

Green Homes Grant closes on 31 March: the industry responds

by New Power • March 28, 2021

The Green Homes Grant Voucher Scheme, launched last year, will close to new applications on 31 March at 5pm. BEIS said the scheme “was designed to provide a short-term economic boost while tackling our contribution to climate change. Applications made…

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News

Development sites sold as NextEnergy fund reaches 150MW subsidy-free PV target

by New Power • March 25, 2021

NextEnergy Solar Fund has announced two newly approved subsidy-free development assetsthat are about to start construction and are due to go into operation in early 2022. The assets have an approximate investment value of £45M and comprise: Whitecross, 124 acres in…

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News

ScotWind lease fees could rise to £100k/km – auction window set to open in April

by New Power • March 25, 2021

Crown Estate Scotland has increased tenfold the upper limit on lease fees it will charge offshore wind developers, as it prepares to open a competition to allocate seabed areas for development. The maximum fee that might be paid will increased from…

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News

‘Beacon’ energy efficiency projects needed to give DNOs alternatives to reinforcement for electric heating, says Sustainability First

by New Power • March 24, 2021

Local electricity networks should lead local partnerships to deliver ‘beacon’ energy efficiency schemes over the next five years, according to Sustainability First, to show that they are “workable and replicable” in offsetting the need to reinforce the network  to accommodate more…

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News

Crown Estate begins work on leasing round for large-scale floating wind in Celtic Sea

by New Power • March 24, 2021

The Crown Estate  is starting work on a new leasing opportunity for early commercial-scale floating wind projects in the Celtic Sea.  The leasing process will step up the scale of such projects to around 300MW (three times larger than previous rights). The Crown Estate said this was…

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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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