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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

Solar PV: 300MW-scale installations needed ‘in every local authority area’ and under-funded planning departments put all stakeholders at risk

by New Power • November 10, 2021

There must be the equivalent of a utility-scale PV installation in every local authority by 2050 to meet our Net Zero aim, and stronger policy support is needed to achieve that target, according to speakers at an event organised by…

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News

Utility Warehouse to make redress of £1.5M for customer service and support failings

by New Power • November 10, 2021

Utility Warehouse is to pay £1.5 million in redress after it failed to treat its customers fairly and to offer services and support to those in payment difficulty. A formal investigation by Ofgem found that between 2013 and 2019 Utility…

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News

Rolls Royce ‘small modular’ nuclear plant wins £210M government investment

by New Power • November 9, 2021

The government has announced funding of £210 million for Rolls-Royce to develop new nuclear technology – part of the £385 million Advanced Nuclear Fund announced last year in the 10 Point Plan for a Green Industrial Revolution. Rolls-Royce Group, BNF…

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Longread

INTERVIEW: Robert Ogden, chief executive, Renewable Exchange, on trading costs and the importance of machine-readable data

by New Power • November 9, 2021

In September, community energy company Egni Co-op caused a stir when it actioned new power purchase agreements (PPAs) for 25 solar farms simultaneously, using Renewable Exchange’s online platform. In October, PPAs for 157MW of renewable power were successfully executed through…

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News

ITM Power names new site, plans collaboration with Sheffield University

by New Power • November 9, 2021

ITM Power will site its new ‘gigafactory’ in Tinsley, Sheffield, on a site acquired from the University of Sheffield at a cost of £13.4 million. The site is part of the University of Sheffield Innovation District, 2 miles from ITM’s…

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News

Yü Group adds 38% to meter base as SOLR for Ampoweruk customers

by New Power • November 8, 2021

Multi-utility business supplier Yü Group has been appointed by Ofgem as Supplier of Last Resort (SOLR) for 8,158 businesses supplied by Ampoweruk, which has ceased trading. Yü Group sells water as well as gas and electricity to its customers. Ampower’s…

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News

On-street EV charger installer Connected Kerb targetting 5k installs by end 2022, 190k by end 2030

by New Power • November 8, 2021

Drivers without off-street parking represent just 9% of EV users. But EV charger company Connected Kerb says that after having installed 1,000 chargers in 2021 it expects to have 5,500 installed across the UK by the end of 2022, with…

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News

EDF to use Octopus Energy’s Kraken customer platform, aims to develop EV and home heat offerings

by New Power • November 4, 2021

EDF, the UK’s fourth largest energy supplier, is to move its five million customers onto Octopus Energy Group’s Kraken platform, under a licensing deal. EDF is the third licensee to work with Kraken Technologies in the UK, following successful migrations…

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News

Cost cutting and localisation are making offshore wind too risky to insure, says underwriter

by New Power • November 4, 2021

The dramatic fall in the cost of offshore wind has resulted in more failures and a rise in insurance claims that mean problems in insuring projects is becoming a barrier to delivery, according to a new claims report from GCube…

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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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