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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

Open-source microgrid software to operate over AC and DC grids – seeks hardware partners to ensure interoperability

by New Power • February 16, 2021

LF Energy has added Sony Computer Science Laboratories to its members and launched Hyphae, a microgrid initiative to automate the peer-to-peer distribution of renewable energy. It is seeking hardware partners to collaborate to ensure the new system is entirely interoperable.…

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Editor's blog

Texas customers face blackouts – are there lessons for the UK?

by New Power • February 16, 2021

Energy customers in Texas are facing rolling blackouts, with around 4 million currently off power. Users have been asked to cut peak demand and unprecedented actions have been seen from competitive suppliers, who have offered customers payments of up to…

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News

National Grid Gas fined £4M over gaps in data re users in high rise buildings that meant gas pipes went unsurveyed

by New Power • February 16, 2021

National Grid Gas plc has been fined £4M with £91,805 costs for failing to ensure its records relating to gas risers were up to date. National Grid Gas previously operated several local gas distribution networks (GDNs) supplying gas to UK…

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News

Cornish Metals raises £8.2M to explore mine site

by New Power • February 16, 2021

Cornish Metals expects to start drilling at its United Downs site in Cornwall  in late March or early April after raising £8.2M in new shares and private investment and listing on the AIM market . The company wants to extract copper…

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News

All-hydrogen display houses to open at NGN site in April

by New Power • February 16, 2021

Two houses being built at Northern Gas Networks’ site in Low Thornley, Gateshead will be the UK’s first with household appliances fuelled entirely with hydrogen. The semi-detached homes, funded with the help of the Hy4Heat programme,  will open in April 2021.…

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News

£10M investment in Centre for Greening Finance research hubs that will provide the data to help turn investors green

by New Power • February 15, 2021

The government is to invest £10 million in a new UK Centre for Greening Finance, with physical hubs in Leeds and London. These research hubs will provide data and analytics to financial institutions and services such as banks, lenders, investors…

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News

BEIS sets out proposed CCUS timetable, aims for investment decision on two 2020s clusters by 1H 2022

by New Power • February 15, 2021

BEUS wants to identify carbon capture and storage (CCUS) clusters by August that may be eligible for government support for deployment by the mid 2020s and allow for a final investment decision in the first half of 2022. It is…

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News

‘Sandbox’ experiment on metering could enable housing developments to use cheaper ‘micro grids’

by New Power • February 13, 2021

A ‘Sandbox’ proposal to trial a new metering solution in. a live’ market environment is under consultation until 26 February. Emergent Energy is a renewable energy supplier that specialises in microgrids (residential private wire networks) in the social housing sector.…

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News

Greencoat UK Wind seeks £198M to fund acquisitions

by New Power • February 12, 2021

Renewable infrastructure fund Greencoat UK Wind is seeking to raise up to £198M by issuing shares institutional investors at 131p per share. The fund  invests in operating UK wind farms, with exposure to offshore limited to 40% of Gross Asset Value (currently 30%).…

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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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