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Expert information for all those invested in the UK's energy future

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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

Mitie and SDCL partner to offer businesses strategy and finance to green thier buildings

by New Power • October 16, 2021

Facilities management company Mitie and Sustainable Development Capital LLP (SDCL), an investment firm specialising in energy efficiency and decentralised energy generation, have launched a new partnership. The two companies will help organisations looking to roll out equipment such as solar…

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News

Islandmagee gas storage clears barrier to construction; Ireland’s gas imports rise

by New Power • October 14, 2021

The planned Islandmagee Energy gas storage facility, off the coast of Northern Ireland, has been awarded a Marine Construction Licence, allowing it to proceed towards construction. The storage facility will not be available for this winter or the next, however,…

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News

Invinity celebrates first tranche of Oxford flow battery installation

by New Power • October 14, 2021

The 1.7MWh first phase of a vanadium flow battery that will eventually deliver 5MWh of storage has been installed and energised, reports manufacturer Invinity Energy Systems. The first phase of the Energy Superhub Oxford (ESO) project’s flow battery can supply…

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News

Pure Planet, Colorado Energy in SOLR, two more companies in BSC default

by New Power • October 13, 2021

BP-backed energy supplier Pure Planet has ceased trading and entered the supplier of last resort (SOLR) proces. The company is said to have around 250,000 [corrected] customers. In a blog post the founders stressed that “We recently passed our Ofgem…

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News

SSE joins with Jedlix in plans to bid EV charging into Balancing Market

by New Power • October 13, 2021

SSE and electric vehicle (EV) smart charging service provider Jedlix have signed a deal to deliver grid balancing services from EVs. The partnership will allow domestic customers with EV charging to provide flexibility into the balancing market at times of…

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News

Proposed West of Orkney wind farm could feed ‘industrial scale’ hydrogen production

by New Power • October 13, 2021

A consortium bidding in the ScotWind leasing round to build a 2GW offshore wind farm west of Orkney said it plans to use it to power the production of green hydrogen on an industrial scale on Orkney’s Flotta island. Macquarie’s…

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News

Octopus EV drivers to participate in BM ‘within months’

by New Power • October 12, 2021

Octopus Electric Vehicles is expanding its vehicle-to-grid (V2G) project Powerloop with the aim of participating in the National Grid’s Balancing Mechanism (BM) “in the coming months”. Powerloop, launched in 2018, has seen over 130 electric vehicle (EV) drivers use a…

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Longread

INTERVIEW: Elexon’s Peter Stanley on opening up the settlements process ‘black box’

by New Power • October 12, 2021

The GB settlement process is a hard-wired ‘black box’, mostly invisible to participants, dating back to the start of the competitive industry. But October should see the beginnings of an open flexible approach that allows new participants access to much…

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News

AMPower UK set to be expelled from balancing and settlement

by New Power • October 11, 2021

AMPower has been threatened with expulsion from the Balancing and Settlement Code (BSC), the agreement the governs electricity suppliers and other parties who take part in the electricity market. The supplier has been told that it has 28 days to…

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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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