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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

Ofgem to act over consumer protection for micro businesses

by New Power • May 3, 2019

Ofgem has opened its strategic review of the microbusiness market. As New Power reported on 3 April, Ofgem will launch a strategic review of consumer protection for microbusinesses. The launch document is here. The review was welcomed by Gillian Guy, chief executive of…

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News

Epex sees off competition probe by agreeing to help open up GB/iSEM trading

by New Power • May 2, 2019

Power exchange Epex Spot has headed off an investigation by regulator Ofgem by agreeing to help set up another power exchange for companies trading power across interconnectors between the GB and Irish/Northern Irish markets. Ofgem warned in November that it…

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News

CCC’s net zero target: the industry responds

by New Power • May 2, 2019

Now is the right time to set a ‘net-zero’ greenhouse gas emissions target, says the Committee on Climate Change in its new report. It wants to set a 2050 target for the UK overall, with a  target for Scotland to…

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News

Elexon proposal would reduce industry codes to three

by New Power • May 2, 2019

Industry body Elexon has put forward proposals to reduce the number of codes in the nergy sector. Elexon manages the electricity Balancing and Settlement Code (BSC), which is one of 11 codes, or sets of rules, that across the energy…

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Longread

From New Power Report’s archive: getting the most out of onshore wind farms

by New Power • April 30, 2019

In September 2016 New Power considered how onshore wind operators should think about the supposed ‘end-of-life’ for existing wind farms. Repowering windfarms with larger, more efficient turbines is a huge opportunity to improve plant economics. But in the current policy…

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News

Offshore wind leasing round delayed to refine tender process

by New Power • April 30, 2019

The Crown Estate has delayed its planned offer of new leases for offshore wind projects (Round 4) so it can revise its tender process following market feedback. The next leasing round will now be in etc autumn. The sea bed…

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News

Electricity System Operator asks for feedback on network capability documents

by New Power • April 30, 2019

National Grid ESO is seeking industry feedback on its Electricity Ten Year Statement, an annual update on the network’s capability, to see whether it should change to meet evolving industry needs. The statement has been produced annually since 2012 and…

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News

Review of impact assessment raises concern over charging reforms

by New Power • April 29, 2019

Ofgem’s planned reform of parts of the charging regime for electricity providers risks undermining renewable energy investments and raising the cost of operating the system, according to a review of the measure’s impact assessment. Consultant Oxera reviewed the impact assessments for…

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News

Commit to CCS and consider a RAB funding model, says BEIS Select Committee

by New Power • April 25, 2019

Carbon capture and storage (CCS) is a key tool for decarbonisation and the government should consult on new funding models to support it, including a ‘regulated asset base’ model. That was the conclusion of ‘Third time lucky?‘ a new report…

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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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