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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

Act by 26 March: ports seek clean flexible power sources for the ship to shore connection

by New Power • March 14, 2021

A competition for solutions to the supply of flexible clean power to ships and other port users closes on 26 March. Currently ships in berth receive power from onshore facilities and port owners have to  managing energy being delivered to the…

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News

Legal and General to begin work on ‘operationally net zero’ retirement community

by New Power • March 14, 2021

Legal & General has started work on building a ‘Net Zero’ retirement community. The new community, Millfield Green, in Caddington, central Bedfordshire, and will eventually have 200 specialist age-appropriate homes. It will use renewable energy generation through on-site photovoltaics, EV-charging,…

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Editor's blog

If hydrogen is to work it can’t be second class for domestic users

by New Power • March 12, 2021

Janet Wood asks how we will look back on the  hydrogen future In the short term, a switch to electric heating is expensive and disruptive. It may mean new heating systems are needed throughout the property. In contrast, a switch to…

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News

Global investor chief Lawrence Slade says UK needs a delivery plan to unlock green infrastructure funding, warns cash set to go elsewhere

by New Power • March 11, 2021

Regulatory pressure including the RIIO settlements have created a “nervousness in investors” and a new uncertainty and the government “missed an opportunity in the budget to put that right,” according to Lawrence Slade, chief executive of the Global Infrastructure Investment…

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News

Four Drax gas turbine projects still up for sale – now with £230M in Capacity Market contracts

by New Power • March 11, 2021

Drax says that it is still considering the sale of four 299MW open cycle gas turbine (OCGT) projects at sites in England and Wales, although three of them have provisionally secured 15-year Capacity Market agreements in the T-4 auction. The agreements are…

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News

Ofgem plans to cut electricity distributors’ return on equity by a third from 2023

by New Power • March 11, 2021

Citizens Advice has welcomed an announcment from regulator Ofgem that it would cut allowed returns for electricity distribution network operators (DNOs) by a third in the upcoming price review period, saying “In the face of appeals by other energy networks over…

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News

GE confirms plans to manufacture wind turbine on Teesside

by New Power • March 11, 2021

GE Renewable Energy has confirmed plans for a wind turbine blade manufacturing facility on Teesside for its 13MW Haliade-X turbines. Each turbine blade is 107M long. It will provide 190 turbines  for Dogger Bank, the world’s largest offshore wind project, being built by SSE Renewables…

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Longread

Longread: take a deep dive into offshore cable risks

by New Power • March 10, 2021

Our expanding electricity network – and its expanding pool of owners – has raised new questions about how to allocate and manage risk relating to the cables on which the system depends. New Power took a deep dive into cable…

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News

Thrive takes on second battery, aims at wholesale, balancing and capacity markets

by New Power • March 10, 2021

Thrive Renewables has acquired the rights to its second battery storage project.  The  20MW battery on Feeder Road in Bristol will offer flexibility, delivering 20-40MWh (one to two hours). Thrive is now working to identify partners for the construction phase which is…

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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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