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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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Flash update

ScottishPower chief says onshore wind must not be ‘subsidy junkies’ but work out framework for aging plant

by New Power • May 4, 2016

Onshore wind must not be “a bunch of salivating subsidy junkies trying to beat on the government’s door trying to embarrass it into maintaining subsidies,” Scottish Power chief operating officer Keith Anderson told delegates at the All Energy Conference in…

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News

Sustainable Marine Energy raises £4.5m investment for tidal array in Orkney

by Annabel Andrews • May 3, 2016

Sustainable Marine Energy (SME) has moved its operational base to Orkney and will be connecting its first system to the grid at the European Marine Energy Centre (EMEC) over the coming months. This deployment will then be followed by a larger 240kW…

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Longread

Project Nexus fears: new gas settlement system faces further delay

by New Power • May 3, 2016

Ofgem has stepped in to take ownership of Project Nexus, the system that will underpin processes including settlement and meter registration for the gas supply industry, in an effort to keep the project on track. But the project looks unlikely…

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News

ScottishPower Renewables orders 102 Siemens turbines for offshore wind plant

by Annabel Andrews • April 28, 2016

      Siemens is to supply, install and commission 102 wind turbines, each with a capacity of seven megawatts and a rotor diameter of 154 meters, for the East Anglia ONE project.  The company will also be responsible for servicing…

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News

MPs and Friends of the Earth urge government to accept recommended Fifth Carbon Budget

by Annabel Andrews • April 27, 2016

The fifth carbon budget should be set at 1,765 million metric tons of carbon dioxide equivalent (MtCO2e), the Energy and Climate Change Committee has told the government. In November 2015, the Committee on Climate Change (CCC) published its advice on the…

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Flash update

RWE to reduce operating hours at Aberthaw coal-fired power station

by Annabel Andrews • April 26, 2016

RWE has changed its operating regime at Aberthaw and from April next year will focus on providing capacity only when needed. It will also install technology to allow Aberthaw’s three 500MW units to expand the range of coal they can…

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Longread

Energy industry fears over Brexit: freeze on decision-making; financial risk

by New Power • April 26, 2016

Energy companies fear a black hole for decision-making if the Brexit referendum on 23 June results in a vote to leave the EU.

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News

ScottishPower to pay out £18M for billing and service failings

by New Power • April 26, 2016

ScottishPower has agreed to pay £18m in redress after an Ofgem investigation into the supplier’s complaint resolution, call handling and billing processes. Up to £15m will be paid in customer compensation and the rest will go to charity. Ofgem said ScottishPower…

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News

Pension Infrastructure Platform closes first £125m investment fund

by Annabel Andrews • April 25, 2016

The Pension Infrastructure Platform (PIP) has closed the first tranche of its Multi-Strategy Infrastructure Fund, having raised £125m. Over the fund’s five-year investment period, it will buy and build a diversified portfolio of 15 to 20 UK infrastructure assets, including renewable energy…

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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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