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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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Flash update

Flipper adds Google Home link to auto-switching service

by New Power • May 11, 2017

Auto-switching company Flipper has integrated Google Home into its switching service. The company claims to be the first to enable consumers to switch using Google’s voice-activated home assistant, which also gives users voice control of smart energy devices in the…

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News

Scottish low-carbon projects win £43 million in funding

by New Power • May 10, 2017

The Scottish Government has announced £43 million in grants to 13 low carbon infrastructure projects via the Low Carbon Infrastructure Transition Programme (LCITP). The projects include: Glenrothes Next Generation Heat. The project aims to find district heat customers for RWEs…

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News

Britain should push for new pan-European energy partnership post-Brexit, think tank says

by Annabel Andrews • May 10, 2017

It is in the EU and Britain’s best interests to work together on energy policy once Britain has left the EU, Chatham House said in a new report, Staying Connected: Key Elements for UK–EU27 Energy Cooperation After Brexit. Strong energy cooperation…

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News

Good Energy launches bond to raise £10 million to expand into storage and electric vehicles

by New Power • May 10, 2017

Good Energy has launched its second corporate bond. It wants to raise £10 million (with an over-subscription maximum of £20 million). Its first bond was launched in 2013. The new bond will have an initial four-year term and investment can…

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News

Innasol teams up with Mercedes Benz Energy to offer domestic storage batteries

by Annabel Andrews • May 9, 2017

Innasol has signed a deal to distribute, service and maintain Mercedes Benz Energy’s domestic energy storage products in the UK. Innasol has already trained 50 installers to install Mercedes Benz Energy domestic batteries at the Innasol Academy in Essex. Those installers will…

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Longread

Demand Turn-Up: has procuring less than planned “killed it before it got going”?

by New Power • May 9, 2017

Demand Turn-Up has been “killed before it got going”, an industry member told New Power after the results of National Grid’s fixed tender for the service were announced. In the tender, 138.6MW of fixed volume was accepted from tenders totalling…

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Flash update

Industry code bodies – download our quick guide

by New Power • May 9, 2017

Download our quick guide to industry codes and code administrators: Code bodies – a summary Join the debate: Code adminstrators facing major industry change call on Ofgem for leadership For industry codes, form should follow function and the customer comes…

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News

Gas engines ‘could be transplanted overseas’ despite Capacity Market penalties if Triad benefits are not grandfathered

by New Power • May 8, 2017

So-called car-park generators could walk away from capacity market (CM) contracts if regulator Ofgem goes ahead with plans to cut Triad payments – and that could include dismantling and exporting plants that have already been built, New Power has been…

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News

Industry warned to get ready for Project Nexus Go-Live

by Annabel Andrews • May 8, 2017

Ofgem has warned the entire energy industry has to be ready for Project Nexus Go-Live this month. Project Nexus is the implementation of new business processes for gas settlement reform and the single service provision for all gas transporters. The system will cover…

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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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