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Expert information for all those invested in the UK's energy future

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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

Nissan and Eaton combine to launch domestic storage product

by New Power • May 4, 2017

Nissan has joined forces with Eaton to launch a domestic energy storage product, known as xStorage, that can use recycled lithium ion batteries. The storage is expected to be used by consumers with rooftop PV to maximise returns from feed-in…

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Longread, Perspective

OPINION: For industry codes, form should follow function and the customer comes first

by New Power • May 3, 2017

Tony Thornton, head of transformation at Gemserv, says a single Retail Energy Code could help support a simplified consumer-centric code governance model, but it must be implemented around a complex reform programme already under way. Aligning codes to function is a…

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News

Vattenfall launches green energy offer for UK business customers

by New Power • May 2, 2017

Swedish energy company Vattenfall has launched a green energy supply product for UK business customers, to be called ‘Fresh’ (‘Flexible, Renewable Electricity, Supplied Honestly’). Vattenfall, which is 100% owned by the Swedish state and has over 6 million customers across…

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News

Brexit ‘puts operation of the UK nuclear industry at risk’, warns Select Committee

by New Power • May 2, 2017

“The continued operations of the UK nuclear industry are at risk,” said Iain Wright MP, chair of the Business, Innovation and Skills Committee, because “The impact of Brexit on Euratom has not been thought through.” He said ministers must act…

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News

Northern Ireland Affairs Committee warns over rising power prices

by New Power • May 2, 2017

Northern Ireland could face further rises in energy bills because it faces a deficit in electricity production by 2021, according to a report by the Northern Ireland Affairs Committee. It is crucial that the North/South Interconnector between Northern Ireland and…

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News

SMEs offered grants of up to £10k for renewables or energy efficient equipment

by Annabel Andrews • April 27, 2017

A new fund launched by the Carbon Trust is offering small and medium businesses up to £10k to install energy saving technology, including renewables and batteries behind the meter. The Green Business Fund will provide direct funded support through energy assessments, training…

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Editor's blog

Is hearing about smart meters more effective at energy saving than having one installed?

by New Power • April 27, 2017

It appears that knowing about smart meters, and thinking about having one installed, is very effective at getting people to take action to monitor their usage and take action. In fact, according to new research published by Smart Energy GB,…

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News

Businesses call for faster renewables transition

by Annabel Andrews • April 26, 2017

Two separate reports calling for a qucker transition to a renewable economy have been published by business leaders. In the first, launched by The Prince of Wales’s Corporate Leaders Group, companies warn that inconsistent, vague and unambitious EU policies are stifling investment and…

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News

CMA outlaws ‘anticompetitive’ agreement between exchanges denied merger

by New Power • April 26, 2017

The Competition and Markets Authority (CMA) has said it plans to halt closer co-operation between two commodity exchanges, Intercontinental Exchange (ICE) and Trayport. The CMA has already put the brakes on a merger of the two exchanges, saying it would…

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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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