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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

Hinkley a ‘well-designed transfer of risk’, says Hammond

by New Power • September 13, 2016

The government will make a decision on Hinkley Point C nuclear plant by the end of the month, Chancellor Phillip Hammond told peers on the Economic Affairs Committee. He was asked whether the project could be described as a “well-designed…

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News

Ditch the EU’s Renewable Heat target to decarbonise heat, says think tank

by Annabel Andrews • September 12, 2016

The UK government should complete re-think its approach to decarbonising heating, including scrapping the EU’s renewable heat target, according to a new report by think tank Policy Exchange. The previous government planned to decarbonise heating by fitting electric heat pumps…

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News

CCS ‘within reach in 2020s’ with new industry structure and obligation, says report

by New Power • September 12, 2016

The government must act now to revive the carbon capture and storage (CCS) industry, because it will dramatically reduce the cost of meeting low-carbon targets and it is ready for commercial implementation. That was the conclusion of a new review…

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News

Statoil increases Dogger Bank share, takes on Sheringham operations

by New Power • September 9, 2016

Statoil is to takes over as operator of the Sheringham Shoal offshore wind farm from January 2017 and will increase its share in Dogger Bank. Statoil will increase its share of the Dogger Bank projects from 25% to around 50%…

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News

MPs: heat and transport failings mean UK will miss 2020 renewables targets

by New Power • September 9, 2016

The UK will fail to meet legal requirements to meet 15% of its energy needs from renewables by 2020, the Energy and Climate Change Select Committee has concluded. The MPs said the electricity target of 30% from renewables would be…

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News

Fear of disruption limiting DSR uptake by UK firms

by Annabel Andrews • September 8, 2016

A survey industrial electricity users found that almost 90% are interested in earning revenue from demand-side response, but many fear disruption to operations and believe that their business processes are incompatible with DSR. Energyst Media’s 2016 Demand-Side Response polled more than…

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News

Storage ‘could be an expert industry for the UK’

by New Power • September 8, 2016

Storage could not only offer efficiencies for GB in managing its own power grid, but could also be a business opportunity for UK Plc, according to a report from RegenSW. The RegenSW paper,  said, “UK projects are demonstrating a high…

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News

Humber Gateway link transferred to Balfour Beatty/Equitix consortium for £162.9 million

by New Power • September 7, 2016

Transmission assets at E.On’s Humber Gateway offshore wind farm are to be sold to BBEC, a consortium comprising Balfour Beatty Investments and Equitix. Ofgem has  granted BBEC a licence to operate the £162.9 million link  for the next 20 years.…

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Flash update

Electricity networks launch ‘call 105′ emergency number for power cuts

by New Power • September 6, 2016

Electricity networks companies have introduced a single emergency number – 105 – that anyone in England, Scotland and Wales can call in the event of a power cut. The Energy Networks Association said most people did not know they should…

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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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