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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

Closed schools mean faster installations for eEnergy ‘lighting as a service’ offering

by New Power • February 4, 2021

‘Energy efficiency-as-a-service’ business eEnergy Group saw revenues on ‘lighting as a service’ (LaaS) grow by 235% in the six months to end December 2020, to £6.6 million, compared to the period to December 2019. Overall revenue grew by 125%. The…

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Flash update, News

Good Energy founder Juliet Davenport to stand down as CEO, company to seek specialist in digital businesses

by New Power • February 4, 2021

Juliet Davenport is to stand down as chief executive of Good Energy and the company has appointed an executive search firm to recruit a new chief executive with proven experience in growing digital businesses. Davenport will become a non-executive director…

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News

System Operator reinstates temporary ‘footroom’ option ODFM as it faces another low-demand Covid summer

by New Power • February 4, 2021

The GB  electricity system may face operational stresses during the upcoming summer because demand remains supressed by Covid restrictions, according to system operator NGESO. It has announced plans to reinstate the Optional Downward Flexibility Management (ODFM) service, used last year as…

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News

DCC celebrates connection of 10 million smart meters as mass adoption of 3 million early meters boosts total

by New Power • February 3, 2021

The DCC, the communications hub for the GB’s domestic smart meters, has reached 10 million connected smart meters. SmartGB confirmed that the milestone was achieved with the installation of an electricity smart meter at 10:47am on 1 February 2021 by…

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News

Redcar energy from waste plant wins consent, looks to link with Net Zero Teesside CCS

by New Power • February 3, 2021

Planning consent has been granted for the 49.9MW Redcar Energy Centre. The  £300M waste to energy facility is being developed by a joint venture led by Low Carbon Ltd and PMAC Energy Ltd, and will divert up to 490,000t of waste from landfill. Located on the…

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News

Siemens ‘preferred bidder’ to supply and install turbines at East Anglia Hub offshore wind farms for ScottishPower Renewables

by New Power • February 2, 2021

Siemens Gamesa Renewable Energy is the preferred bidder to supply and install the wind turbines for ScottishPower Renewables’ has £6.5 billion East Anglia Hub offshore wind programme.The two companies worked together to deliver the East Anglia ONE offshore windfarm, which…

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Longread

INTERVIEW: Stephen Stead, SSE Enterprise, prepares to bid aggregated response into Balancing Market

by New Power • February 2, 2021

SSE Enterprise is getting set to enter the Balancing Market . The Enterprise business sits alongside SSE Group’s networks businesses (distribution, transmission and an independent business that competes on new connections) and its supply arm.  New Power’s Janet Wood talked to Stephen Stead,…

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News

SSE steps up disposal of stake in gas distribution network SGN to build international renewables business

by New Power • February 2, 2021

SSE has appointed banks to review options for divestment of all or part of its stake in gas distribution network SGN and will decide on an approach and timings before the end of this financial year, it said in a…

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News

REPORT: Energy digitalisation to be a big winner in EU’s €249B Horizon research programme

by New Power • February 2, 2021

The next EU budget will offer an “unprecedented resource opportunity for green energy and digitalisation”, with up to €249B available for climate investment, Kadri Simson, EU commissioner for Energy, told a meeting on digitalisation in the energy sector organised by…

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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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