Foo Fighters, headline mainstage, at V Festival, Hylands Park, Chelmsford, August 18, 2007. Pic: Guy Eppel
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The ceremony starts at 8pm (EST) time and will feature live performances from Beyonce and Foo Fighters.
Amy Winehouse is rumoured to be performing via video link after she was denied a visa to the States.
You can follow the awards live here on NME.COM.
We’ll be bringing you the winners as they are announced throughout the ceremony.
Stars up for gongs include Amy Winehouse, Rihanna, Foo Fighters, Kanye West, Paramore, The White Stripes and Queens Of The Stone Age.
The Shockwaves NME Awards 2008 are coming soon – and it’s time to have your say. Vote now by heading to NME.COM/awardsvote and you could win VIP tickets to the ceremony, which takes place in London on February 28.