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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

Battery to add stability to Burbo Bank offshore wind farm

by New Power • August 31, 2017

Dong Energy is to install a 2MW battery at its Burbo Bank offshore windfarm near Liverpool.The battery will be supplied by ABB. The 90 MW Burbo Bank offshore wind farm has been in operation since 2007. The battery will help…

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News

Geothermal heating project planned for Kilmarnock development

by New Power • August 30, 2017

The Scottish Government is to provide £1.8 million from the Low Carbon Infrastructure Transition Programme to fund a new geothermal heating system for new homes at the former Johnnie Walker bottling plant in Kilmarnock. The homes are part of a three-phase…

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News

SSE issues €600M green bond to refinance onshore wind

by New Power • August 30, 2017

SSE has issued a €600  million green bond to refinance its portfolio of recently constructed or under construction onshore wind farms. The company said there was “significant demand” for the eight-year, 0.875% bond, which it said made it possible to price…

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Longread

Fossil power specialists make storage and flex part of the package

by New Power • August 29, 2017

GE plans to supply storage technologies alongside gas in future, according to the company’s vice president for Europe, Michael Rechsteiner. He expects to see the roles being filled by fossil plants changing and in future, when selling or upgrading gas…

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News

Energy Saving Trust wins contract to distribute energy companies’ redress payments

by New Power • August 24, 2017

In the past five years energy companies have made £191 million in voluntary redress payments when they broke rules, in addition to direct payments made to customers. Now Ofgem has appointed the Energy Saving Trust (EST) to manage the allocation…

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News

Evenergi wins first ‘lite’ licence with Corona

by New Power • August 23, 2017

Ofgem has granted its first ‘Licence Lite’ approval, to Evenergi. The ‘lite’ licence is intended to help new suppliers enter the electricity supply market. It allows the new entrant to partner with an existing licensed supplier – who assumes responsibility…

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News

DNOs could face penalty over performance on large connections

by New Power • August 21, 2017

Electricity distribution network operators (DNOs) have been warned they may face penalties if they do not improve their performance on upgrading connections or connecting new customers to the network.The poor performance relates to connecting larger customers. DNOs have a bonus/penalty…

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Longread

Independent networks ‘an opportunity for innovation’

by New Power • August 20, 2017

Changes in the views of housebuilders will be a major influence in rolling out electric vehicles and other domestic energy options, according to Vicki Spiers. “Will people decide not to buy houses because they don’t have an electric vehicle charging…

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News

UKPN invites distributed generators to bid for flex payments

by New Power • August 20, 2017

UK Power Networks is inviting expressions of interest from distributed energy operators who can increase generation or reduce consumption on request at 10 locations across the network, including Broad Oak, Harpenden, Cockfosters, Merryhill, Lewes and Rainham. Until 8 September, companies…

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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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