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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

Feed in tariff caps hit within minutes for all anaerobic digestion and some solar and wind installations

by Annabel Andrews • February 17, 2016

The feed in tariff deployment cap for all anaerobic digestion installations was reached just 15 minutes and 28 seconds after the scheme reopened – at lower tariff levels – after a four-week pause on 8 February. The cap was also reached…

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News

Energy company owned by Bristol City Council launches

by Annabel Andrews • February 16, 2016

Bristol Energy, the first municipal energy company in the South West and one of the first in the country, is officially open for business. The energy supply company was created by Bristol City Council in 2015 to “be a force for social…

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News

EDF Energy announces longer lifetime for four nuclear plants

by New Power • February 16, 2016

EDF Energy has announced life extensions for four of its nuclear power stations, claiming the highest nuclear output for ten years in 2015 at 60.5TWh. Scheduled closure dates for Heysham 1 (1155MW) and Hartlepool (1180MW) have been extended by five…

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News

European utilities’ credit ratings may fall, warns Moody’s

by New Power • February 15, 2016

Rating agency Moody’s has warned it may downgrade ten European energy utilities, mostly because of their exposure to falling commodity and power prices. Among those on review for downgrade are ratings related to Centrica, Dong Energy, EDF, E.On, Engie, RWE…

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Perspective

The hydropower industry has been hit by a double whammy from Westminster and Holyrood

by New Power • February 15, 2016

Simon Hamlyn, chief executive of the British Hydropower Association (BHA), says Scottish politicians are undermining its hydro industry Scottish Government first minister Nicola Sturgeon is guilty of blatant hypocrisy. She launched a ferocious attack on the cuts being made by…

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News

Ofgem sets out process for closing Renewables Obligation subsidy to onshore wind

by Annabel Andrews • February 12, 2016

Ofgem has published draft guidance for generators affected by the proposed closure of the Renewables Obligation to onshore wind on 1 April 2016. The energy regulator noted: “This is not a consultation on the policy underpinning the Renewables Obligation, but on…

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News

Questions over Swansea Bay lagoon must not delay other tidal power opportunities, say developers

by Annabel Andrews • February 11, 2016

Developers have warned that questions over the Swansea Bay tidal lagoon must not delay other opportunities for tidal power. The warning came as the department for energy and climate change (Decc) launched a review  “to ensure all decisions made regarding tidal lagoon energy…

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News

Flexitricity to provide ‘Demand turn-up’ to National Grid

by New Power • February 11, 2016

Demand response specialists Flexitricity has agreed a contract to provide ‘Demand Turn-Up’ services to National Grid that will see users paid to increase their demand when there is excess energy on the system. Flexitricity said it had been providing “headroom”…

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Longread

Demand response products get mixed customer response

by New Power • February 11, 2016

National Grid has attracted just a fraction of its target in a new demand response product that would help manage system stresses. Rebecca Yang, commercial manager at National Grid, told New Power that the new product (enhanced Stor) was a…

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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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