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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

Government decisions putting future hydro investment at risk, says Scottish energy minister

by Annabel Andrews • August 25, 2016

The UK Government must work closely with its Scottish counterpart to secure the future of the hydropower industry, according to the Scottish business, innovation and energy minister, Paul Wheelhouse. He said: “Hydro generation in 2015 was at a record high level…

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News

Project Nexus remains at ‘red’ status with no certainty on go-live

by New Power • August 25, 2016

Efforts to get Project Nexus, the programme to replace the central settlement system for gas, back on track have struggled to turn the programme around and there is still “significant risk to go-live”, according to an August update. Project Nexus…

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News

Four new suppliers join Warm Home Discount scheme

by Annabel Andrews • August 24, 2016

Extra Energy has joined the Warm Home Discount scheme for 206-2017 after it its customer numbers reached the mandatory participation threshold. Our Power, GB Energy, and Bristol Energy have joined the scheme voluntarily. The news came as Ofgem E-Serve set the…

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Flash update

Get your views in now on transfer of £86.7m Crown Estate energy infrastructure to Scottish Government

by Annabel Andrews • August 23, 2016

There are just five days left to respond to a consultation about devolving the management and revenues of Crown Estate assets in Scotland to the Scottish Government.The assets in question include renewables, cables and pipelines with a property value of £86.7m…

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Flash update

Just five days left to pre-qualify for this year’s capacity market auctions

by Annabel Andrews • August 23, 2016

There are just five days left to apply for this year’s Capacity Market pre-qualification process. The application window officially closes at 5pm on Friday 26 August 2016 and no submissions will be accepted after this deadline. The auctions affected by the pre-qualification window are: 2016 Four year…

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News

National Grid to bear £17.7 million of extra Black Start contract costs, £54 million can be recouped from customers

by New Power • August 23, 2016

Regulator Ofgem has said National Grid must bear £17.7 million of a £113 million bill it incurred procuring so-called ‘Black Start’ services. Within that bill customers will pay an additional £54 million, above budgetted costs, because Ofgem said National Grid…

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News

Demand Side Response tender fails to bring forward offers for winter 2016/17

by New Power • August 23, 2016

National Grid is talking afresh to demand side balancing reserve (DSBR) providers about how they can respond to the need for peak services this winter, after it had ‘minimal’ response to its June tender for the service to be provided…

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News

Removing carbon price floor would reduce imported energy by 39%, report finds

by Annabel Andrews • August 22, 2016

Removing carbon price support after 2025 would reduce net interconnector inflows by around 39%, with France and Benelux seeing the biggest decrease, according to a new report by Aurora Energy Research. The report assessed the likely impact of removing carbon price support post-2025,…

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Editor's blog

‘Sticky’ customer databases, white label products, and customer switching: key data questions

by New Power • August 21, 2016

Once again customers are being urged to switch energy supplier to take advantage of the cheapest deals. It’s good advice. Switching numbers are increasing as so-called ‘white label’ brands enter the market. Some are apparently supplied by familiar names like…

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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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