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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

Companies should invest in flexibility to manage risk as well as cost, says report

by New Power • January 27, 2022

Energy flexibility is as valuable for end users as a risk management strategy as it is for revenue generation, according to a new report from Lloyds Bank that follows up last year’s Flexibility in Great Britain report produced by the…

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News

Regulator gives go ahead for step-change in Hinkley Point C construction

by New Power • January 27, 2022

The workforce at the Hinkley Point C construction site in Somerset is set to rise to 4000 after the Office for Nuclear Regulation (ONR) granted permission for the start of bulk mechanical, electrical and heating, ventilation and air conditioning (MEH)…

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News

Wave energy device to be installed at Orkney trial site in February

by New Power • January 27, 2022

A new wave energy converter, developed by Inverness-based AWS Ocean Energy, has arrived in Orkney ahead of its imminent deployment at the European Marine Energy Centre (EMEC). The 16kW Archimedes Waveswing will be transported to Copland’s Dock in Stromness where…

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News

BEIS takes £100M option on Sizewell C

by New Power • January 27, 2022

The government has made a £100 million investment in the planned Sizewell C nuclear station on the Suffolk coast. The funding is in the form of purchasing a Combined Option by the government in shares in the Sizewell C GenCo…

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News

Morlais tidal test site fills 12MW berth, turbine installation due in 2023/24

by New Power • January 27, 2022

Tidal energy companies Sabella and Nova Innovation have taken a 12MW berth at Morlais, one of the world’s largest tidal energy sites off the coast of Holy Island, Anglesey in Wales. Each company will develop 6MW in the 12MW berth,…

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News

UKAEA virtual meetings in five potential host areas for a fusion reactor begin today

by New Power • January 26, 2022

Virtual forums begin today for residents and stakeholders from five areas shortlisted as potential sites for a prototype fusion power plant. The Spherical Tokamak for Energy Production (STEP) is a UK Atomic Energy Authority (UKAEA) programme seeking to pave the…

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News

Acciona wins contract for North London energy from waste plant

by New Power • January 26, 2022

The North London Waste Authority (NLWA) has signed a contract with Acciona to build an energy from waste plant in Edmonton, Enfield to replace Europe’s oldest EfW plant, which began operating in 1971. The plant will take in black-bag waste…

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News

Floating wind technology developers share £60M in funding

by New Power • January 25, 2022

Eleven projects developing new floating offshore wind technology will be awarded a total of £31 million in government money, together with private investment that will bring the total to £60 million. The cash will further research and development in areas…

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News

Equinor submits plans for Saltend hydrogen production plant in bid for government support

by New Power • January 24, 2022

Equinor has formally submitted plans for its ‘Hydrogen to Humber (H2H) Saltend’ plant into phase two of the government’s Cluster Sequencing Process. It has also announced co-operation agreements with prospective regional hydrogen users. H2H Saltend is a 600MW hydrogen production…

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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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