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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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Perspective

OPINION: The UK can make good use of its strong position in the EU ETS

by New Power • August 7, 2017

Mark Moriarty, chief operating officer at  Commodity Management Services, argues that the UK’s large role in the EU ETS means it will still have influence in the bloc’s climate policy Brexit provides an opportunity for a re-examination of the UK’s…

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News

Ofgem confirms National Grid must set up separate system operator company

by Annabel Andrews • August 3, 2017

Ofgem has confirmed that National Grid should proceed with plans to set up a new legally separate company to carry out its electricity system operator function within National Grid Group. The electricity system operator (ESO) has a central role in…

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News

Three companies on short list for wind farm links

by New Power • August 3, 2017

Ofgem has published shortlisted companies bidding for the right to own and operate cables linking offshore wind farms at Galloper and the Walnet Extension to the onshore network. The same bidders were named in both shortlists for the projects. They…

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Longread

Storage ‘should be defined as load, not generation’

by New Power • August 3, 2017

Ofgem and BEIS have taken the wrong approach in defining storage as generation, according to Endeco chief executive Michael Phelan. In an interview with New Power Report Phelan said storage should have its own definition. But if it had to…

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News

Wind generators to queue until second quarter of 2019 for uncertain Feed in Tariff rate

by Annabel Andrews • August 2, 2017

Generators seeking a Feed in Tariff subsidy for some wind installations will have to queue until the final quarter of 2019, according to new figures released by Ofgem. The latest information from the regulator showed that there are currently 48…

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News

Centrica blames “increasing costs of energy policy” for 12.5% electricity price hike

by Annabel Andrews • August 1, 2017

Centrica has said it will put up it’s standard tariff electricity price by 12.5% from mid-September, while its gas price will remain the same. This will see an average annual dual fuel bill for a typical household on standard tariff…

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Longread

Hydrogen grid? Think about power – and gas – needs, says energy systems expert

by New Power • July 31, 2017

Providing consumers with low-carbon heat will require major change even if the solution keeps some part of the existing gas infrastructure, Jeff Douglas, strategy manager at the Energy Systems Catapult, told New Power. In a wide-ranging interview about the future…

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News

BEIS awards £2.9M nuclear research contract

by New Power • July 28, 2017

The Department for Business, Energy and Industrial Strategy (BEIS) has awarded  a £2.9 million contract to Amec Foster Wheeler to lead a UK Digital Reactor Design nuclear power research programme. The company will set up and run a partnership that will…

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News

Ofgem asks: Does mandatory market making work?

by Annabel Andrews • July 27, 2017

Ofgem has asked for feedback on whether its market-making windows are working, as part of its review of the Secure and Promote liquidity fix. In 2014, the regulator brought in the Secure and Promote Licence Condition, to try to address…

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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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