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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

Robin Hood Energy’s local authority owner ‘considering the company’s future’

by New Power • March 26, 2020

Nottingham Council is considering the future of Robin Hood Energy. Opposition councillors say the supplier’s losses are “unsustainable” and closing the company should be among the options considered, reports Nottinghamshire Live. A decision is expected in the summer. The company…

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News

Covid-19: System Operator ‘has on-site accommodation ready’ and retrained staff to boost shift

by New Power • March 26, 2020

Electricity system operator National Grid ESO has contingency plans to house staff for its two control rooms locally to ensure continued operation, it said. It is also retraining staff to “support the shift rota”. The plans emerged in a briefing…

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News

Should the EU raise its carbon emissions target for 2030? EC seeks feedback

by New Power • March 25, 2020

The European Commission wants feedback on whether it should move to a more ambitious interim target for reducing carbon emissions – a key step on the route to a ‘Net Zero’ economy by 2050. The Commission is considering raising the…

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News

MeyGen tidal array project wins £1.5 million Scottish Government grant to install subsea hub

by New Power • March 25, 2020

Tidal energy project MeyGen has won a £1.545 million grant from the Scottish Government’s Saltire Tidal Energy Challenge Fund to develop a subsea tidal turbine connection hub for the next phase of development. The Saltire Tidal Energy Fund is a…

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Editor's blog

Who pays the bill for home working?

by New Power • March 24, 2020

So far the narrative over power supplies during the Coronavirus measures has been one of falling demand. That is because swathes of industry and commerce has been winding down. But how much increase in domestic demand is that masking? With…

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News

Foresight and Belltown join forces to develop 300MW of onshore wind

by New Power • March 24, 2020

Foresight Group and Belltown Power have formed a joint venture to develop Belltown’s pipeline of onshore wind energy projects across the UK under the existing Belltown brand. They aim to deliver more than 300MW from sites predominantly in Scotland and…

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News

E.On says move to Octopus Energy’s Kraken customer platform will make it ‘market leading’ on costs

by New Power • March 23, 2020

E.On says it will have the lowest costs in the industry and will boost earnings by £100 million annually by 2023 by moving to a new customer service platform to be completed in partnership with Kraken Technologies, part of Octopus…

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News

Covid-19: Crown Estate adjusts offshore wind Round 4 tender schedule

by New Power • March 23, 2020

The Covid-19 energency has delayed plans to award leases for a new fleet of offshore wind farms. The Crown Estate, which owns the sea bed, said it now expects that invitation to tender stage one will open in the week…

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News

Greencoat Renewables makes first French wind acqusition

by New Power • March 23, 2020

Greencoat Renewables has begun an expansion into mainland Europe. It has acquired three operating wind assets in France from John Laing Group for €30.3 million. The portfolio comes with 16-year long-term fixed-rate project finance and have an overall net enterprise value…

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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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