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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

Clean Growth Fund invests in smart power socket company

by New Power • January 11, 2023

UK venture capital fund the Clean Growth Fund has led a funding round that secured £4.5 million for startup technology company Measurable.energy. The company designs and manufactures smart, machine learning-enabled power sockets that it says reduces the energy costs of…

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News

DWP signs up for EV chargers at 120 job centres

by New Power • January 10, 2023

The Department for Work and Pensions (DWP) wants to install electric vehicle (EV) charging infrastructure at more than 120 job centres across Britain and it has signed a £4.3 million contract with Mitie to deliver the plan. The deal covers…

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News

Exagen seeks planning permission for 500MW battery

by New Power • January 9, 2023

Exagen has submitted a planning application for a 500MW/1GWh battery on land to the northeast of Earl Shilton, Leicestershire, to Blaby District Council. The £350 million battery site, which is around ten times larger than most battery projects currently providing…

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News

Ukraine looks towards decentralised, decarbonised post-war electricity sector

by New Power • January 8, 2023

Ukraine’s reconstructed electricity system will be more decentralised and digitalised and will have a high focus on renewables, the country’s leaders say. In his annual presidential address to the Ukrainian parliament on 28 December, President Volodymyr Zelenskiy said, Ukraine had…

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News

Wiltshire Council plans car-park PV canopy

by New Power • January 8, 2023

Tenders close on 17 January for a £300,000 contract to install a solar PV canopy over the car parks at a Salisbury leisure centre. The project is part of Wiltshire Council’s plans to become carbon neutral across its building portfolio…

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News

EAC calls for ‘war effort’ on energy efficiency and a revised Energy Security Strategy to include demand and move to digital

by New Power • January 5, 2023

Taking steps to ensure continued climate stability must be “a national security priority for any government”, the Environmental Audit Committee said in a new report and tackling the immediate energy security and affordability issues caused by the war in Ukraine…

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News

Ofgem redistributes some recovered RO payments from administrators

by New Power • January 5, 2023

Ofgem has released details of Renewables Obligation (RO) late payments, that have been recovered from the administrators of suppliers which have gone bust. The regulator has distributed £3,773,813.39 to suppliers – a fraction of the £17,610,098.52 owed by the failed…

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News

Consumers paying £100M bill for GDN leaks and losses in 2021 after gas cost rises

by New Power • January 3, 2023

Consumers will reimburse gas distribution networks (GDNs) up to an extra £100 million in the coming financial year because the high gas price has caused a jump in the bill for replacing gas ‘lost’ from the networks. Around 0.4% of…

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News

BEIS opens £50M competition for new nuclear fuel capabilities

by New Power • January 3, 2023

The government will increase support for new nuclear fuel production in the UK to £75 million, Energy and Climate Minister Graham Stuart has announced.    Up to £13 million of the fund has already been awarded to develop primary conversion capability…

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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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