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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

CMA grants permission to appeal price determinations to nine network companies

by New Power • April 1, 2021

The Competition and Markets Authority (CMA) has granted nine energy companies permission to appeal price control decisions made by Ofgem on their business plans for the next five years. Cadent Gas, National Grid Electricity Transmission, National Grid Gas, Northern Gas Network, Southern Gas Networks  and…

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News

Greencoat Renewables acquires Glencarbry wind farm

by New Power • April 1, 2021

Greencoat Renewables has acquired Glencarbry wind farm from John Laing Group for £26.6 million. Glencarbry, in County Tipperary, Ireland, consists of 12 Nordex turbines that have been operational since July 2017. The wind farm’s revenues are contracted under the REFIT 2…

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News

UKRI has £1M in ‘flexible’ funding for research on offshore wind, heat decarbonisation or the green Covid recovery: register interest by 21 May

by New Power • March 31, 2021

UKRI has issued a second Call for Proposals for research to be funded under its Flexible Fund. It expects to distribute £1 million of funding. It is looking for projects in three key research areas that are important to understanding…

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News

New tool will allow for consistent market entry on flexibility across all DNOs – sign up to join an online run-through

by New Power • March 31, 2021

Distribution network operators (DNOs) will adopt a common tool from tomorrow (1 April) to market-test and make decisions on potential flexibility solutions. The new tool is a standard and transparent methodology to be used when choosing solutions to solve congestion,…

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News

Anesco wins approval for 50MW solar farm near Skegness

by New Power • March 30, 2021

A 50MW solar farm developed by Anesco has been given the green light by East Lindsey District Council, with the company gearing up for its latest wave of large-scale solar projects. Anesco’s 50MW Low Farm solar farm has been given…

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Longread, News

Planning for Net Zero: developers ‘must think about their offer to local communities’

by New Power • March 29, 2021

REPORT: “The transition to Net Zero is asking a huge amount from local communities; more than we have ever asked of them before”. That was the warning from Phil Watson, strategic energy projects lead at Suffolk County Council, in a…

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News

Communities invited to bid by end March to host ‘next step’ fusion project

by New Power • March 29, 2021

Communities have  until the end of March to put forward proposals to host a fusion project, the so-called Spherical Tokamak for Energy Production (STEP), intended to be a major step towards commercialisation. The process  is being run by UKAEA, which is looking…

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News

Energy efficiency investor to install rapid charging points for BP, take availability revenues

by New Power • March 29, 2021

SDCL Energy Efficiency Income Trust (SEEIT) has signed an agreement with BP’s Chargemaster EV charging point operator to install “a significant number” of rapid and ‘ultra-fast’ EV charging locations, to be built by The Electric Vehicle Network (EVN) and  contracted through a 20-year, fixed price,…

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News

MED plans to site small reserve power plants ‘at scale and pace’ following listing

by New Power • March 29, 2021

MAST Energy Developments (MED) has said it will have 49MW of small generation providing reserve power in operation within a year, following a planned  listing on the London Stock Exchange on 14 April. The company said it has raised over £5…

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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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