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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, Perspective

HM Treasury’s tax relief change has dealt a body blow to the community energy sector

by New Power • January 18, 2016

Philip Wolfe, chairman of Westmill Solar Co-operative and Community Energy England, says the community energy sector has been treated unfairly. It shows government does not understand how the energy industry is changing

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News

Climate change ‘biggest global risk over coming decade’, says World Economic Forum

by New Power • January 14, 2016

Climate change, and fears over lack of mitigation or adaptation, has been rated the top risk on the World Economic Forum’s 11th annual Global Risk Report – higher than weapons of mass destruction.  What is more, it was closely linked…

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News

E.On to sell UK exploration and production business to Premier Oil

by Annabel Andrews • January 14, 2016

E.On has signed an agreement to sell its UK exploration and production subsidiaries to Premier Oil for $120 million (£83 million). The portfolio includes stakes in 40 licenses, including a 5.2 per cent interest in the Elgin-Franklin field, a 47…

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News

Scotland should source half of all energy from renewables by 2030, says industry body

by Annabel Andrews • January 13, 2016

Industry body Scottish Renewables has said Scotland should generate the equivalent of 50 per cent of its total electricity, heat and transport demand from renewables by 2030. Renewables currently produce the equivalent of 15 per cent of Scotland’s energy use from electricity,…

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Longread

From the archive: Sara Bell, Tempus Energy chief executive, talks to New Power

by New Power • January 12, 2016

From the archive: New Power interviews Sara Bell, Tempus Energy chief executive

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News

NextEnergy acquires 53MW solar PV parks in Cambridgeshire and Gloucestershire

by Annabel Andrews • January 11, 2016

NextEnergy Solar Fund limited has bought three operating solar PV plants for £61.7 million. It now owns the 20.4MW Fenland plant and 24.8MW Green End plant, both in Cambridgeshire; and the 8.1MW Tower Hill solar farm in Gloucestershire. The three plants are grid-connected…

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News

Eggborough owner buys Lynemouth power station from RWE

by New Power • January 8, 2016

Central European energy group EPH has added Lynemouth to its UK portfolio, buying the power station – due to be converted to burn biomass – from RWE.  EPH already owns the 2GW Eggborough power station. Lynemouth is a 420MW coal-fired…

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News

National Grid publishes guidelines for Capacity Market transitional auction

by Annabel Andrews • January 8, 2016

National Grid has published guidelines for the 2016 transitional Capacity Market auction. The secretary of state has set the target capacity for the auction at 900MW and the price cap at £40/kW/year. The transitional auction will take place on 26 January 2016. Click…

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Editor's blog

The real failures on energy security

by New Power • January 7, 2016

Secretary of state Amber Rudd has been looking for energy security in all the wrong places

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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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