diff --git a/NEWS b/NEWS
index b8488c0..8b75a65 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,13 @@
+0.12
+----
+
+This release adds support for the Intel "Energy Performance Bias" feature, which
+can be used on hardware that doesn't have a platform_profile or doesn't support
+HWP. It will also be used to eke out a bit more performance, or power, on systems
+which already supported HWP.
+
+More information is available in the README.
+
 0.11.1
 ------
 
diff --git a/meson.build b/meson.build
index e2abd45..7f31046 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('power-profiles-daemon', [ 'c' ],
-        version: '0.11.1',
+        version: '0.12',
         license: 'GPLv3+',
         default_options: [
           'buildtype=debugoptimized',