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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

National Grid profits up by 6 per cent, fueled by strong performance from French interconnector

by Annabel Andrews • May 19, 2016

National Grid’s operating profit was £4,096m in 2015-16, up £233m (up 6%) compared with the previous year at actual exchange rates, according to the firm’s annual results. The company said that its interconnector with France had helped boost it’s earnings…

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Flash update

CCS could have important role post-2050, says new report

by Annabel Andrews • May 18, 2016

Carbon capture and storage (CCS) could play an important role in the energy mix in the second half of the century, according to a new report from the Sustainable Gas Institute at Imperial College, London. In its new white paper, Can…

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News

SSE plans broadband and boiler-service offerings to halt customer slide

by New Power • May 18, 2016

SSE has announced plans to sell up to a third of its 50% stake in gas distribution network business SGN. The company said it was likely to return the cash to shareholders. In results for FY2015/16 SSE said customer energy…

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News

Centrica acquires CHP business for new distributed energy division

by Annabel Andrews • May 17, 2016

Centrica has bought a combined heat and power supplier and operator, ENER-G Cogen, for £145 million. Centrica said the business will form part of its new international distributed energy and power business. ENER-G Cogen has over 30 years’ experience delivering end-to-end…

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Flash update

Generators to queue until April 2017 for feed in tariffs

by Annabel Andrews • May 16, 2016

Feed In Tariffs (FITs) for anaerobic digestion (AD), standalone PV solar and wind installations between 100 and 1500kW have been so in demand that installations are now queued to the first or second quarter of 2017. The quarterly spending caps…

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Perspective

NEA: Energy efficiency should be a national infrastructure priority

by New Power • May 15, 2016

Peter Smith, head of policy research at National Energy Action, says we have the biggest policy gap on energy for more than three decades and that action is needed On 14 April, the National Audit Office (NAO) reported that since…

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Longread

From the archive: RSPB challenge adds to uncertainty for offshore wind farms seeking a CfD

by New Power • May 13, 2016

Neart na Gaoithe has initiated a CFD dispute, according to the Low Carbon Contracts Company, which terminated the wind farm’s Contract for Difference on 29 March From the February 2015 issue of New Power: New uncertainty has been created around the…

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News

DONG to launch IPO on Nasdaq Copenhagen “this summer”

by Annabel Andrews • May 12, 2016

Danish utility and offshore wind developer DONG Energy has announced it will launch an Initial Public Offering (IPO) of its shares on Nasdaq Copenhagen. The partially state-owned company said the IPO could be launched for a listing in summer 2016, barring…

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News

Good Energy signs deal with ITM Power to fuel hydrogen car refuelling stations

by Annabel Andrews • May 11, 2016

Renewable electricity company Good Energy has signed an agreement to supply power for the production of hydrogen fuel at ITM Power’s hydrogen car refuelling stations. Juliet Davenport OBE, founder and chief executive of Good Energy said: “At Good Energy we’re proud…

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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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