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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

After restart, Hunterston B to shut down for good in 2022

by Staff writer • August 28, 2020

EDF has been given approval to restart reactor 3 at the 44 year-old Hunterston B power station this weekend. The firm also hopes to restart reactor 4 next month, subject to approval. Defuelling of the power station will commence no…

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News

British Gas pays £1.73m for communications failure over pre-payment changes

by Staff writer • August 28, 2020

Ofgem has closed its investigation into what went wrong when British Gas changed prepayment top-up provider and left customers in the lurch. The supplier has agreed to pay £1.48m back to affected households and £250,000 into the energy redress fund.…

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News

Elexon CEO confident P375 will not be stymied, Flexitricity pushes for end of balancing services honesty boxes

by Staff writer • August 25, 2020

Elexon CEO Mark Bygraves is confident that the P375 modification proposal will not be undone by those keen to maintain the status quo within balancing services. The firm is consulting on proposals to change the Balancing and Settlement Code (BSC)…

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News

Beis and Ofgem eye offshore grids, seek views on how to do it

by Staff writer • August 25, 2020

Beis and Ofgem are keen to understand how transmission links to offshore wind farms, currently all point-to-point, could be better coordinated. “We would like to hear about all potential barriers, including those of a legal, commercial or regulatory nature. As…

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News

Zeigo calls for coders and energy experts to crack aggregated PPAs

by Staff writer • August 25, 2020

Power Purchase Agreement platform Zeigo is launching a PPA hackathon in a bid to find novel ways of aggregating demand and enabling businesses to buy direct from renewable generators. It wants to hear from coders keen to showcase their talent,…

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News

Bluefield Solar pays £107m for 64MW portfolio

by Staff writer • August 24, 2020

Bluefield Solar has acquired a portfolio of 15 solar farms totalling 64.2MW for an initial £106.6m, which may rise up to £108.7 if asset life extensions are secured. Eight sites are in the south west of England, two in west…

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News

Mary Quaney takes reins as CEO at Mainstream Renewable Power

by Staff writer • August 24, 2020

Mary Quaney, former CFO at Mainstream Renewable Power, has become CEO following Andy Kinsella’s resignation. She has been with the firm since 2009 and joined the board of directors last year. Mainstream chairman, Eddie O’Connor, Quaney would “lead Main Mainstream…

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News

As government leans toward RAB regulatory model for CCS, SSE calls for double the ambition

by Staff writer • August 21, 2020

SSE has called on government to more than double its support for carbon capture and storage. The March Budget committed £800m to support “at least two” clusters via the CCS Infrastructure Fund. SSE wants at least five. Earlier this week…

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News

Ovo pays £1.2m for SSE’s missed smart meter targets

by Staff writer • August 21, 2020

Ovo will pay £1.2m in redress after SSE Energy Services failed to meet its smart meter installation target for 2019. Ovo acquired the SSE’s domestic retail customers earlier this year for £500m. SSE paid a smaller penalty, £700,000 the year…

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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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