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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

Ukraine seeks equipment from Europe’s closed coal plants; UK and EBRD provide liquidity support

by New Power • October 13, 2022

Ukrainian power company DTek is asking countries who have closed their coal-fired power stations to pass on equipment so Ukraine can quickly bring power stations that have been damaged by Russian bombing back on line. In DTek’s regular update on…

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News

BEIS opens tender for energy ‘digital spine’ feasibility study

by New Power • October 11, 2022

The Department for Business, Energy and Industrial Strategy (BEIS) has issued its invitation to tender for a feasibility study for a ‘digital spine’ for the energy system. The government said in its 2021 Energy Digitalisation Strategy that only a digitalised…

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News

Celtic Sea 4GW floating wind tender set for mid-2023 as Crown Estate sets out new lease plans

by New Power • October 10, 2022

The Crown Estate (TCE) has provided more information on seabed leases for floating wind energy in the Celtic Sea, so that developers can form consortia and prepare for a tender, which will launch in mid-2023. TCE will offer 60-year leases,…

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News

Lightsource BP set to begin construction on 61MW solar farm; promises similar sites to follow

by New Power • October 10, 2022

Lightsource BP says it has kick-started construction contracts for its largest ever UK solar project. Construction of the 61MWp project will begin at Tiln Farm, Retford in November. Lightsource BP will be investing over £40 million into the project. The…

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News

Octopus and Ovo set to sign up responsive customers to cut winter demand peaks

by New Power • October 10, 2022

Two large energy supppliers, Ovo and Octopus Energy, have launched demand response options that will allow customers to save money if they cut electricity use during peak times. Both The trial rewards customers up to £100 in total for moving…

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News

Winter outlook report: the industry responds

by New Power • October 6, 2022

Some scenarios this winter could see rolling power cuts for consumers at peak times, NGESO said in its Winter Outlook Report. The system operator stressed that a suite of measures were available to help manage power supply despite “uncertain and…

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News

United Utilities completes sale of renewable energy portfolio

by New Power • October 4, 2022

SDCL Energy Efficiency Income Trust (SEEIT) has completed the acquisition of a portfolio of renewable energy assets from water company United Utilities. The 70 projects totalling 69MW, predominantly solar PV, were acquired for approximately £100 million funded from existing cash…

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News

Equinor moves plans forward to double North Norfolk wind farms’ capacity

by New Power • October 3, 2022

Plans to double the capacity of the Sheringham Shoal and Dudgeon offshore wind farms have taken a step forward after the Planning Inspectorate has accepted an application for examination. The application was submitted by Equinor on behalf of its partners…

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News

West Burton to house fusion prototype project alongside gas and battery installations

by New Power • October 3, 2022

West Burton in Nottinghamshire has been selected as the future home for the STEP (Spherical Tokamak for Energy Production) prototype fusion energy plant. The UK Atomic Energy Authority’s (UKAEA’s) plant will build on the UK’s fusion centre at Culham in…

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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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