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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

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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News

Net Zero plans ‘incomplete and underfunded’

by New Power • March 24, 2021

Advisory group the Industrial Strategy Council has warned the government that its  plans for Net Zero are incomplete and underfunded. In its annual report on the UK’s industrial strategy – the last before the group is disbanded – the Council…

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News

Nordic Investment Bank agrees loan for Energinet end of Viking Link

by New Power • March 23, 2021

The Nordic Investment Bank (NIB) has agreed a €134.4M (DKK 1 billion) 10-year loan with Danish TSO Energinet to co-finance construction of Viking Link, the interconnector planned to link GB and Denmark. The 1.4GW HVDC electricity interconnector will pass 760km between  substations…

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News

New national planning statements ‘key to delivering renewable energy projects’

by New Power • March 23, 2021

New National Planning Statements for energy will be crucial in smoothing the development consent process for renewables, Liz Dunn, a partner at law firm Burgess Salmon, told Waterfront’s Nationally Significant Infrastructure Projects Forum this week. She said that “With new…

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News

Installers in UKPN area get short cut to decision on EV, heat pump, PV, battery installs with one-stop Smart Connect portal

by New Power • March 23, 2021

A new  Smart Connect portal launched by UK Power Networks will give an instant decision on whether installers can connect domestic electric vehicle charge points, heat pumps, battery storage or solar PV. UK Power Networks expects up to 700,000 electric…

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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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