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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

Floating wind faces tough CfD hurdle: is UK ambition high enough?

by New Power • January 13, 2021

The floating wind industry may be forced to meet tougher standards than the fixed offshore wind industry in order to win a Contract for Difference (CfD). In the upcoming CfD auction, fixed offshore wind will have a dedicated subsidy ‘pot’…

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News

Essar and Progressive Energy ‘hydrogen hub’ at Ellesmere Port aims to produce 3TWh/yr to kick off HyNet cluster by 2025

by New Power • January 13, 2021

Progressive Energy and Essar Oil, which owns and operates the Stanlow Refinery in Ellesmere Port, have set up a joint venture to produce hydrogen at the refinery. Eventually investment of approximately £750M will be committed to produce enough hydrogen to…

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News

Councils in Cambridge, Cambridgeshire, Norwich, Norfolk and Redbridge join forces with UKPN to speed EV chargepoint installation – more councils needed

by New Power • January 12, 2021

Five local authorities are joining forces with UK Power Networks to end electric vehicle (EV) charging blackspots in their areas. Charge Collective, a pilot project, will see UKPN partner with Cambridge City and Cambridgeshire County Councils, Norwich City Council, Norfolk…

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Editor's blog

Those intermittent power plants …

by New Power • January 12, 2021

We’ve been seeing some price spikes in power supply over the last few days. Ought we to blame those intermittent power generators, who can’t be relied on to generate at times of need and sit idle 80% of the time?…

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News

Portuguese lithium mine project takes a step forward

by New Power • January 12, 2021

Plans for a lithium mine in Portugal have taken a step forward after developer Savannah Resources signed heads of agreement with Galp Energia, the Portuguese energy group. Galp intends to secure a 10% shareholding in Savannah’s Portuguese subsidiaries , which own the…

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News

Environment Agency consults on nuclear design mooted for Bradwell

by New Power • January 12, 2021

The Environment Agency (EA) has opened a consultation into the generic design of the HPR-1000 nuclear reactor. The reactor design, which  is being assessed by the Office for Nuclear Regulation and EA, is based on one that has been developed by China…

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News

IEA promises a year of action with a high level commission and a road map for global Net Zero

by New Power • January 11, 2021

The International Energy Agency (IEA) has announced plans for a high-level global commission to bring together government leaders, ministers and prominent thinkers to explore how best to empower citizens to benefit from the opportunities and navigate the disruptions resulting from…

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News

Bluefield Solar buys Wiltshire solar farm, looks to more acquisitions

by New Power • January 11, 2021

Bluefield Solar has acquired Bradenstoke Solar Park Limited, an operational 70MWp ground-mounted solar farm. The company, a UK-focused income fund that invests primarily in solar assets, acquired the plant for £89.0 million. Bluefield will receive the economic benefit of all…

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News

Kwarteng stresses Net Zero needs ‘plural technologies’ including nuclear, promises on CCUS ‘this thing is happening’

by New Power • January 11, 2021

“I want to achieve things and really move the dial forward,” says Kwasi Kwarteng MP, who has stepped up to become secretary of state at BEIS as Alok Sharma MP moves to take on a full time role as COP…

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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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