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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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Flash update

Networks research hub offers £400k grant funding – call extended

by New Power • April 5, 2020

EPSRC Supergen Energy Networks has extended a call for expressions of interest for projects around resilience focused on climate adaptation, network achitectures or markets and regulation (the organisation’s three working groups).The call now closes on 22 April. The second Flex Fund…

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News

Community energy enterprises make fast grants to Corona Crisis funds

by New Power • April 5, 2020

In the first week of the lockdown, a ‘collective’ of local energy enterprises mobilised £100,000 of Corona Crisis Funds to support those facing hardship in their communities. The community-owned enterprises were able to mobilise funds from by community-owned solar arrays quickly…

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News

Aggreko offers gensets left idle by event cancellations for Covid-19 test stations

by New Power • April 3, 2020

Temporary power units that were earmarked for summer events like the Glastonbury festival have been offered ‘pro bono’ to power planned Covid-19 testing sites across the UK. But government would have to cover freight costs to move the units to…

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News

Centrica cancels dividend, cuts operating costs, to navigate pandemic

by New Power • April 3, 2020

Centrica has cancelled a proposed 2019 final dividend payment of 3.5 pence per share as part of efforts to cut cash expenditure in the year by around £400 million, to provide flexibility to navigate the impacts of the pandemic. The company said…

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News

Elexon acts on fears lack of access to read electricity meters could bog down settlements process

by New Power • April 2, 2020

Electricity industry body Elexon has agreed new flexibility measures in its processes, because suppliers who cannot get site access to read meters during the Coronavirus pandemic feared data errors could impede settlement of bills within the industry. Suppliers have to…

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Editor's blog

Small suppliers: which will ride the storm?

by New Power • April 2, 2020

Energy suppliers are under pressure at the moment, as they will be faced with customers who need a payment holiday. Small suppliers with equally small balance sheets may hit problems first. But a briefing by consultant Aurora yesterday suggested some small…

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News

Alpha acquisition consolidates small onshore power projects

by New Power • April 2, 2020

Alpha Real Renewables has acquired operational wind and solar assets located across Wales and the North West. The transaction, with TLT as adviser, comprised a portfolio of mixed clean energy technologies from individual operators, including wind farms with private wire power purchase…

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News

National Grid: depressed demand in summer due to Covid-19 a ‘challenge’ to system stability

by New Power • April 1, 2020

Low electricity demand in the summer could present a challenge to managing the electricity system, system operator NGESO said in its weekly Covid-19 briefing. The balance of supply and demand in the summer has been a growing problem over recent…

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News

Adjustment to thousands of small power plants to raise stability suspended, but System Operator will call for action at key sites

by New Power • April 1, 2020

A site-by-site programme to upgrade small-scale power generating plant so it “rides through” disturbances has been suspended because it requires engineers to visit thousands of power sites. But National Grid is in discussion with BEIS, Ofgem and other major stakeholders over…

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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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