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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

Siemens to provide meter services at Osprey Charging sites

by New Power • December 13, 2022

Siemens and Osprey Charging are to collaborate to speed up commissioning of electric vehicle (EV) charging sites across the UK. Siemens will become a preferred supplier of end-end meter operator services Osprey Charging Networks’ sites. It will commission and install…

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News

FSB warns energy price exposure could close or downsize a quarter of small businesses

by New Power • December 13, 2022

The Federation of Small Businesses (FSB) has warned that tens of thousands of small firms will have to close or downsize unless government energy support continues after 1 April. FSB also found that energy suppliers had filed winding up petitions…

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News

Octopus Energy claims four ‘saving sessions’ saw 450MWh shifted out of peak hours

by New Power • December 12, 2022

As Octopus Energy customers prepared for a ‘saving session’ at 5pm on 12 December – the first to last for two hours – Octopus said it has paid out over £1 million to energy-conscious customers for just four hours of…

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News

NeuConnect starts ‘enabling works’ for GB-Germany link

by New Power • December 12, 2022

NeuConnect has started early works on a direct electricity connection between GB and Germany. Enabling works have started at the Isle of Grain in Kent, England and Wilhelmshaven in northern Germany. The new interconnector will have 725km of land and…

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News

NGESO tells coal back up plants to warm up in case they are needed to cover peak

by New Power • December 12, 2022

The electricity system operator NGESO has told coal generating plant that forms part of a reserve secured for the winter that they may be required during the early peak period this evening (Monday). It rescinded the order late on Monday…

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News

Aggreko aims to acquire Crestchic in push to serve data centres

by New Power • December 12, 2022

Aggreko has announced an offer for load bank manufacturer Crestchic, saying , saying “the addition of Crestchic to the Aggreko Group will help accelerate Aggreko’s plan to target high-growth attractive end-markets such as renewable energy and data-centres”. In a trading…

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News

InstaVolt to double Banbury EV charging hub

by New Power • December 8, 2022

InstaVolt has announced plans to double the chargers at its EV charging hub in Banbury, Oxfordshire. The site will see 16 new 120kW rapid chargers installed alongside the existing array of 16 rapid chargers. The new chargers will sit behind…

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News

Keadby awarded development consent – with carbon capture required

by New Power • December 8, 2022

SSE has been granted development consent for Keadby 3, a 910MW (gross) gas-fired power station. The company now has seven years to start work on the project. Current planning guidance states that no consent should be granted to new combustion…

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News

Hedges and lower consumption meant reduced power bill at Anglian Water

by New Power • December 8, 2022

Anglian Water’s owners saw pre-inflation power costs decrease in the six months to September 2022, compared with the previous year. In a market update Anglian Water Services Financing said there were several factors behind the reduction. First, energy use fell…

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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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