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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

MPs to investigate 2020 renewable heat and transport targets

by Annabel Andrews • March 10, 2016

The Energy and Climate Change Committee has launched an inquiry into the challenges facing the UK’s 2020 renewable energy targets for heat and transport. The UK government has committed to ensuring that 30% of electricity, 12% of heat and 10% of transport…

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News

CMA on governance: Ofgem to cost-out Decc policy decisions, drive industry change

by New Power • March 10, 2016

The Competition and Markets Authority (CMA) has set out plans for a stronger role for Ofgem in scrutinising government policy and driving through industry change, saying that systemic problems with industry governance have caused “very substantial” detriment for customers. The…

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News

Amber Rudd announces £1.5 million funding for local heat networks

by Annabel Andrews • March 9, 2016

The government will provide a total of £1.5 million funding for 27 heating projects across 24 local authorities in England and Wales, energy secretary Amber Rudd announced this week. The department of energy and climate change (Decc) claims heating networks…

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News

Scottish islands could gain £725 million from renewables projects

by Annabel Andrews • March 8, 2016

Scotland’s island economies could benefit from up to £725 million over the next 25 years from renewables projects according to an independent published today. The Western Isles, Orkney and Shetland have the potential to supply up to 5 per cent of total…

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News

RWE restructuring hits Npower; company warns of further decline in 2016

by New Power • March 8, 2016

Npower parent RWE is ramping up plans to restructure and streamline its conventional power generation and UK supply businesses. In a move expected to cause 2,500 job losses in UK supply, the company has stepped up a planned €2 billion…

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News

Ofgem queries whether DNOs are doing enough to connect more generators

by Annabel Andrews • March 7, 2016

Ofgem has asked generators and stakeholders whether DNOs are being proactive enough on tackling the queue for connections. In a letter to all connection stakeholders, Ofgem asked how effective each DNO has been at engaging with customers and in developing…

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Perspective

Competition on capacity, CfDs and services is the energy market’s future. Excluding low-cost renewables will drive up costs

by New Power • March 7, 2016

Gordon Edge of RenewableUK says a recognition of how the new energy market works presents a solution to the government’s dilemmas on Contracts for Difference Government objectives for energy policy are that it must be secure, sustainable and affordable; decarbonisation…

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News

Crowdfunding renewables: portable solar (storage included)

by New Power • March 7, 2016

Renovagen has launched its second equity crowdfunding campaign on Crowdcube. The company wants up to £1 million to fund its “Roll-Array” flexible, rollable, transportable solar farm units. The units include energy storage. The company says its technology rolls out “18kW…

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Flash update

Only 34 per cent of consumers trust energy suppliers, according to Which?

by Annabel Andrews • March 4, 2016

Only 34 per cent of consumers trust gas and electricity suppliers, and 31 per cent actively distrust energy suppliers, according to Which?’s latest consumer insight tracker. Some 63% of people are worried about energy prices Which? is calling on the Competition and…

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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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