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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

Citizens Advice welcomes May’s promise of action to help energy customers

by New Power • October 6, 2016

Citizens Advice has welcomed prime minister Theresa May’s promise to “set the market right” in energy. Gillian Guy, chief executive of Citizens Advice, said: “The prime minister is right to call out businesses who are letting down their customers –…

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News

Coal to hydro storage plant takes a step foward

by New Power • October 6, 2016

Plans  for a new hydro pumped storage plant making use of an abandoned opencast coal mine for its water storage took a step forward this week, when developers applied for an electricity generation licence. The planned Glen Muckloch plant, near Kirkconnel,…

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News

BayWa r.e sells wind farm to Octopus Investments

by New Power • October 5, 2016

BayWa r.e. has sold its 29.7MW Fraisthorpe wind farm, near Bridlington to funds managed by the UK investment fund manager Octopus Investments. This is the fifth successful wind farm sale from the BayWa r.e. portfolio to take place in the…

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News

CMA calls for opinions on price comparison websites

by New Power • October 5, 2016

The Competition and Markets Authority has set a 24 October deadline for submissions to its market study on data comparison tools, including price comparison websites that cover the energy industry. The CMA expects its market study into the tools to…

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News

Offshore Renewable Energy Catapult invites oil and gas skills base to join R&D effort

by New Power • October 4, 2016

The Offshore Renewable Energy (ORE) Catapult has launched a series of innovation challenges, to harness Britain’s world-leading experience in oil and gas for the growing offshore renewables market, which is set to spend £210 billion in the coming decade. The…

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News

Projects worth £2bn up for grabs as fifth OFTO tender round kicks off next week

by Annabel Andrews • October 3, 2016

On October 10 Ofgem will start the fifth tender round for offshore transmission owners (OFTOs), where companies will bid to become owners of five transmission links to offshore wind farms. The five links have an estimated value of £2bn in…

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News

WPD wants electric and hybrid vehicle users for UK’s biggest trials

by New Power • October 3, 2016

‘Electric nation’ is looking for 500-700 people buying or leasing new electric vehicles (including pure electric and plug-in hybrids) to take part in the UK’s largest electric vehicle trial. The  trial aims to to ensure the UK can charge electric…

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News

Third domestic auto-switch service enters UK energy market

by New Power • September 30, 2016

A new  energy switching service that automatically switches users to the cheapest available tariff, while constantly checking that they are on the best deal, has launched in the UK. The Intelligent Assistant compares households’ usage patterns with both established and…

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News

Ofgem’s E-serve gets ready to compete for business after 2018 spin-off

by New Power • September 29, 2016

The spin off of Ofgem’s ‘E-serve’ arm is likely to happen in 2018, “notionally in April”, Luke Hargreaves, head of renewables at the regulator’s administration body, told an Energy Institute meeting. He said he expected more information about the split…

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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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