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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

C.Gen to seek Capacity Market contract for new CCGT

by New Power • February 9, 2017

C.Gen Killingholme has set its marker down for the next Capacity Market auction, in December 2017, saying it plans to enter its consented 470MW North Killingholme power station. The combined cycle gas turbine (CCGT), near Immingham in North Lincolnshire, was…

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News

Drax acquires Opus – expects to lower imbalance and trading costs

by New Power • February 9, 2017

Drax shareholders have approved plans to acquire business energy supplier Opus Energy with 83% voting in favour. The £340 million acquisition will now be completed tomorrow (10 February). Drax’s board said Opus will enhance Drax’s retail offering “by combining the…

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News

E.On plans fast-charging electric vehicle network across Europe

by New Power • February 8, 2017

E.On has announced plans for a partnership with Danish e-Mobility service provider Clever to roll out ultra-fast charging stations for electric vehicles (EVs) along European motorways. The partners want to install several hundred charging locations across Europe, placed every 120-180km…

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News

Ofgem invites innovators to experiment in ‘regulatory sandbox’

by Annabel Andrews • February 7, 2017

Ofgem has invited expressions of interest for a regulatory sandbox, which will allow innovators to trial business propositions without incurring all of the usual regulatory requirements. In an open letter, Pamela Taylor, who heads up the regulator’s Innovation Link service, said: “We…

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News

Wind generators to queue until October 2018 for Feed in Tariffs

by Annabel Andrews • February 7, 2017

Generators seeking a Feed in Tariff subsidy for some wind installations will have to queue until the final quarter of 2018, according to new figures released today. The latest information from Ofgem showed that there are currently 52 generators applying for…

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News

Ofgem announces price caps for pre-payment customers

by New Power • February 7, 2017

Ofgem has published gas and electricity price caps for customers using pre-payment meters. The caps apply to electricity and gas and vary between regions (because network charges vary) and between types of meter (eg for those on Economy 7 tariffs).…

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News

Electric vehicles: ‘perfect storm’ could see consumer boom

by New Power • February 6, 2017

Government projections that there will be two million electric cars on the road by 2020 are understated, says Tim Payne, chief executive of new fast-charging company InstaVolt. In a New Power interview Payne says there is a ‘perfect storm’ of…

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Flash update

Do you have an opinion on research funding for flexible energy technologies? Innovate UK wants views by today

by New Power • February 6, 2017

Organisations are invited to respond today to an online survey on how a new research fund should be used. The new Industrial Strategy Challenge Fund (ISCF) was announced alongside the Green Paper setting out plans for an Industrial Strategy on…

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Perspective

OPINION: Take the Brexit opportunity to engineer a better energy landscape

by New Power • February 5, 2017

Chris Evans, deputy managing director at Rolton Group, says this is a good time to reassess our steps towards a low-carbon economy, broaden our technology choices, and move heat up the agenda The start of 2017 has not alleviated the…

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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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