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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

New mast connection cuts cost and time for solar farm installation

by New Power • August 11, 2021

Scottish and Southern Electricity Networks (SSEN) Distribution has enabled faster and cheaper installation of a 70MW solar farm at the former RAF Lyneham base in Wiltshire by using a technology that enabled it to connect directly to an existing tower.…

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Editor's blog

Ofgem has to push DNOs’ ED2 plans for EVs and low-carbon heat so they can go further and faster

by New Power • August 11, 2021

Electricity distribution network operators (DNOs) are preparing their networks to accommodate a big step up in electric vehicles and heat pumps during the upcoming five-year price review period (dubbed ED2). The numbers have been highlighted in their draft business plans.…

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News

Mitsubishi acquires Smarter Grid Solutions, plans to expand into global markets

by New Power • August 10, 2021

Mitsubishi Electric has announced it will acquire Smarter Grid Solutions, the UK-based provider of distributed energy resource (DER) management software for power distribution utilities and operators. Brian Heery, president and chief executive of Mitsubishi Electric Power Products said, “We look…

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News

Greater Gabbard OFTO ‘could not have forseen’ seal failure that released SF6

by New Power • August 9, 2021

Ofgem has agreed to give extra availability credit to Greater Gabbard OFTO plc, the company that owns and operates the cable that connects the Greater Gabbard offshore wind farm with the onshore network. The regulator agreed that a reduction in…

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News

Simply Blue’s floating wind attracts £6.4M investment from Octopus

by New Power • August 9, 2021

Specialist clean energy investor Octopus Renewables Infrastructure Trust (ORIT) has invested £6.4 million in Simply Blue Holdings, giving it a 12% stake in Simply Blue Group, which develops marine projects focused on floating offshore wind. SBG said it has developed…

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News

Scottish Government funds tidal turbine scale-up with £2M

by New Power • August 6, 2021

The Scottish Government has awarded a £2 million grant to tidal energy developer Nova Innovation to step up production of tidal turbines. The funding, delivered through Scottish Enterprise, is directed at Nova’s ‘Volume Manufacturing and Logistics for Tidal Energy’ project.…

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News

Gresham House acquires 50MW Skegness solar farm project from Anesco

by New Power • August 3, 2021

Gresham House has acquired Low Farm, a 50MW solar farm in Lincolnshire, from Anesco, as part of a three-year development and construction partnership valued in excess of £100 million. Located near Skegness, it covers 60Ha. Construction is expected to begin…

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News

Seagreen offshore wind farm offers five-year corporate PPAs to give buyers flexibility

by New Power • August 2, 2021

Seagreen Wind Energy has launched a corporate purchase power agreement (cPPA) for its offshore wind farm with half the duration of past contracts, aiming to give corporates flexibility. CPPA contracts are typically 10 years or more in duration, but Seagreen…

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News

SSE disposes of SGN stake for £1.225 billion

by New Power • August 2, 2021

SSE has agreed to sell its remaining 33.3% stake in gas distribution operator Scotia Gas Networks Ltd (SGN) for £1.225 billion to a consortium of the Ontario Teachers’ Pension Plan Board (which is already a shareholder in SGN) and Brookfield…

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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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