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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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Longread, News

Moixa chief: Domestic energy storage could be next asset class

by Annabel Andrews • January 19, 2017

Moixa chief executive Simon Daniel says the UK is ready for a large-scale roll out of domestic battery storage across the UK. He wants to deploy 1GW of aggregated capacity, via the company’s GridShare platform, by 2020. He says the UK…

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News

Energy accelerator funding and support up for grabs

by Annabel Andrews • January 18, 2017

The Ignite ‘Big Energy Idea’ Accelerator Programme has opened for 2017 applications from businesses and entrepreneurs working in the energy sector this week.  Successful applicants will receive a package of pre-investment support, including specialist knowledge from experts, and the opportunity…

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Perspective

Opinion: Millennials are coming to the energy industry

by New Power • January 18, 2017

Angela Peart, chief executive at Utility People, says it’s time to prepare to attact a new generation to the energy industry   My experience in finding talent for the utilities industry tells me that the pool of skill is declining…

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News

ETI to prioritise tidal stream technology over other marine renewables

by Annabel Andrews • January 17, 2017

The UK marine industry should focus on tidal stream technology rather than tidal lagoon or wave energy in order to compete with other low carbon sources of energy, according to the Energy Technologies Institute (ETI). The government also needs to…

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News

Private investors buy Green Deal home improvement scheme

by Annabel Andrews • January 16, 2017

Greenstone Finance and Aurium Capital Markets have today bought the business and assets of the Green Deal Finance Company (GDFC), the body set up to manage the government’s home energy efficiency scheme. The deal included the transfer of the GDFC’s existing…

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Longread, News

Falck Renewables chief: ‘there has never been a better time’ to acquire UK onshore wind projects in the UK

by New Power • January 15, 2017

The UK is set for acquisitions in its pipeline of onshore wind farm projects, despite uncertainty over Brexit and the government’s lack of support for the technology. That’s the view of Falck Renewables chief executive Toni Volpe. He told New…

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News

System Operator to have legal separation, specific licence, new incentive scheme

by New Power • January 12, 2017

National Grid’s System Operator (SO) role should be clearly separated from its other activities over the next two years and become a legally separated entity, with its own licence and a different incentive framework, by 2019, according to new proposals.…

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Perspective

Blog: Variable tariff customers set for spring price hikes as wholesale energy prices continue to climb

by Annabel Andrews • January 11, 2017

It looks likely that customers on variable tariffs will see price hikes in the spring, as new analysis shows UK energy values have risen to their highest levels in 18 months, suggesting it might be a great time to switch to…

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News

Climate change and the connected world top global risks in 2017

by New Power • January 11, 2017

Global risks are dominated by the environment and climate change, and by the connected world and Internet of Things, according to the World Economic Forum’s annual Global Risks Report, which also named inequality among the three major risks. The WEF…

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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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