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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: Renewable energy offers a Brexit lifeline to farmers

by New Power • January 4, 2017

David Clubb, director of RenewableUK Cymru, argues that rural communities unsure about how Brexit will affect subsidies should not discount the opportunities for energy projects The farming community is no stranger to change, but the coming years will test the…

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News

FSB wants energy industry supply chain opened to small businesses as it reveals 12% are self-generators

by New Power • January 4, 2017

Small businesses in the UK are concerned about energy security and believe the UK should be more self-sufficient, according to a new report from the Federation of Small Businesses (FSB). But they are optimistic about the role of renewable energy…

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News

Challenger supplier Green Energy UK offers ‘time of day’ tariff

by New Power • January 3, 2017

Green Energy UK has launched a variable tariff for residential electricity customers, claiming it will give customers more control over their energy bills. The new tariff is called TIDE. Doug Stewart, Green Energy UK’s chief executive, said: “The introduction of…

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News

Macquarie to buy half 573MW Race Bank wind farm from Dong

by Annabel Andrews • December 21, 2016

Dong Energy has entered into an agreement to sell 50% of its 573MW UK offshore wind farm project at Race Bank to Macquarie Group – with equal interests.   Race Bank is currently in advanced stages of construction and is…

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News

Renewable heat industry welcomes reforms to RHI

by Annabel Andrews • December 20, 2016

Changes announced to the reformed Renewable Heat Incentive (RHI) have been welcomed by the renewable heat industry. The government announced that solar heat would still be supported by the new scheme and support will increase for large and industrial biomass projects.…

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Flash update

Trafford CCGT fails to meet Capacity Market milestone, gives up agreement

by New Power • December 20, 2016

The Trafford power project has failed to meet its Financial Commitment Milestone for receiving a Capacity Market contract, developer Carlton Power has informed the Department of Business, Energy & Industrial Strategy (BEIS) and has given up its agreement. The company…

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News

NI Utility Regulator revokes Open Electric’s supply licence

by Annabel Andrews • December 19, 2016

NI energy supplier Open Electric has ceased trading and had its licence revoked by the NI Utility Regulator. The company’s customers will now transfer under supplier of last resort arrangements to Power NI, which is the price-regulated supplier in Northern Ireland.…

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News

Drax passes State Aid test for third biomass conversion

by New Power • December 19, 2016

The European Commission has concluded that UK support for the conversion of a unit at the Drax power station, so it uses wood fuel instead of coal, complies with EU State Aid rules. The  645MW capacity unit will be the…

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Perspective

UKERC: We need engagement and action on emissions

by New Power • December 19, 2016

UK Energy Research Centre director, Jim Watson, calls on the government to act immediately   An important priority for the Department of Business, Energy and Industrial Strategy (BEIS) is the new Emissions Reduction Plan (ERP). The plan is required under…

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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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