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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

Europe’s TSO group seeks feedback on research priorities to address ‘enormous’ transformation of energy system

by New Power • June 21, 2021

Research is urgently required to give Europe’s energy system operators the tools to accommodate both hundreds of gigawatts of offshore wind and embedded DC networks in the power system of the future, and to ensure the system is able to…

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News

UKERC: Settling post-Brexit energy rules ‘ties up civil servants who should be planning our Net Zero pathways’

by New Power • June 18, 2021

Negotiating practical arrangements for the UK and EU energy markets to work together in the long term is taking up civil service capacity that we can ill-afford to lose, at a time when the need to develop energy and climate…

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News

Strathclyde Pension Fund to invest £20M in Clean Growth Fund

by New Power • June 17, 2021

The Clean Growth Fund (CGF) has won a capital commitment of £20M from Strathclyde Pension Fund. The investment will bring the total amount raised by the Fund, a venture capital fund investing into promising early-stage UK clean technology ventures, close…

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Longread

INTERVIEW: Amanda Brock, OpenUK, on how Open Source is moving into energy

by New Power • June 17, 2021

How many energy companies have a policy against the use of so-called ‘Open source’ software in their activities? Amanda Brock, chief executive of OpenUK, says it’s a common prohibition – but she suspects that a closer look will reveal that…

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News

Swiss company signs 10-year deal for output from French developer’s solar farm in Kent

by New Power • June 17, 2021

Axpo UK, the UK arm of Swiss energy generator and trader Axpo, has signed a new ten-year, fixed price power purchase agreement (PPA) with French solar developer Voltalia for a PV installation in Kent. Axpo UK will purchase 100% of…

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News

Anglian Water plans to step up investment in solar PV

by New Power • June 17, 2021

Anglian Water is stepping up its investment in solar PV. It more than doubled generation in 2021 to 7.2GWh from 14 solar PV installations at its sites – an increase from 3GWh in 2020 – and completed the largest solar…

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News

Vehicle electrification – and COP 26 – prompt upgrades in Glasgow electricity networks

by New Power • June 16, 2021

SPEN is adding electrical circuits to an existing substation close to this year’s COP26 venues in Glasgow. Next year the new equipment will become part of a new substation, one of three added or upgraded that will be required to…

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News

GIG acquires battery development portfolio, plans to operate in balancing and grid service markets

by New Power • June 15, 2021

Macquarie’s Green Investment Group (GIG) has acquired a ‘utility scale’ portfolio of development-stage distribution-connected battery storage from Capbal. The organisations will initially partner to deliver seven projects totaling 187MWh and strategically located in highly congested areas of the UK network,…

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News

Aksiom Services acquires Anesco, highlights ‘potential to scale rapidly in the UK and elsewhere in Europe’

by New Power • June 14, 2021

Anesco has been acquired by Aksiom Services Group, a partnership between Ara Partners and the Aksiom Group, for an undisclosed sum. The transaction will see principal shareholder and funder Alcentra exiting Anesco’s shareholder base after six years. Aksiom is a…

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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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