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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

Ofgem rejects £200M plan for backup gas transmission compressors, says planned units can cope

by New Power • May 23, 2023

Ofgem has rejected plans by National Grid Gas Transmission (NGGT) to replace ageing gas compressors at sites in the east of England, saying they will not be required when already-planned gas turbine units are installed. Ageing ‘Avon’ compressors, which have…

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News

Ukraine celebrates new wind farm just 100km from front line

by New Power • May 22, 2023

DTEK, Ukraine’s largest private energy company, has officially opened a wind farm just 60 miles (100km) from the front line of Russia’s invasion of Ukraine. Phase I of the Tyligulska wind farm, in the Southern region of Mykolaiv, is already…

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News

Torbay hospital wants 3.2MW of PV, seeks private wire site

by New Power • May 20, 2023

Torbay and South Devon NHS Trust are seeking a Power Purchase Agreement to provide Torbay hospital with 3.5GWh of electricity per annum through an off-site PV array via ‘private wire’ with a direct connection to the hospital’s HV network .…

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News

Good Energy and Ovo Energy to pay £4M in refunds and redress

by New Power • May 18, 2023

Ovo Energy and Good Energy have each agreed customer refunds and compensation totalling around £2 million, after failings in applying correct tariffs. OVO Energy informed the regulator in November that it had applied incorrect tariffs to some customers. It has…

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News

UK’s ‘political instability’ and ‘unattractive regulatory regime’ raise concerns over infrastructure investment

by New Power • May 18, 2023

The UK is becoming a less attractive destination for infrastructure investor funding, according to a regular survey published by the Global Infrastructure Investor Association (GIIA). The GIIA’s regular ‘Pulse’ survey said investment was becoming more difficult, with its investor members…

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News

Three energy suppliers pay late compensation totalling £8M

by New Power • May 17, 2023

Three energy suppliers have made compensation payments and additional redress totalling over £8 milllion after they missed or unduly delayed Guaranteed Standards of Performance compensation payments due to consumers worth £6,305,925. Over 100,000 customers were affected by these issues at…

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News

£70M investment in Kensa ground source heat systems could kick off new asset class

by New Power • May 16, 2023

Octopus Energy’s generation arm and Legal & General Capital are to invest £70 million in the Kensa Group. The investment will allow Kensa, which manufactures and installs ground source heat pumps, to rapidly expand and install 50,000 ground source heat…

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Editor's blog

FROM THE ARCHIVE: Lessons in regulation from ASA

by New Power • May 16, 2023

From New Power in September 2019: This week The Advertising Standards Authority took a good look at claims that smart meters have environmental benefits. In response to complaints, it considered whether Smart Energy GB could stand up claims thata smart…

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News

ASA to crack down on misleading green claims

by New Power • May 16, 2023

ASA, the advertising standards body, has announced plans to crack down on ‘green’ claims made in adverts that do not stack up. In its annual report the body said “as the UK and other countries set ambitious targets to address…

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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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