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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 Simec Atlantis Energy chief executive to deliver Uskmouth conversion

by New Power • January 10, 2021

Tim Cornelius has moved to become senior adviser to Simec Atlantis Energy. Graham Reid will become chief executive from 18 January.  Reid delivered more than 5GW of wind, solar and storage projects in previous roles. Most recently he was chief executive of RES Americas,…

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Longread, News

Habitat Energy takes on fourth Gresham House battery storage site

by New Power • January 9, 2021

Habitat Energy has added the 22MWh  Lockleaze battery to its  platform – the fourth Gresham House battery it is optimising. Habitat has been optimising over 100MWh of Gresham House batteries since February 2020 and is the batteries in NGESO’s Dynamic Containment product…

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News

UKESTO’s interactive UK storage map now live – more operators invited to share data

by New Power • January 7, 2021

An interactive map of energy storage facilities in the UK has gone live and the organisers want storage operators to add further data. The so-called UK Energy Storage Observatory (UKESTO) aims to help share information from energy storage developed with…

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News

Ofgem opens investigation into Symbio Energy

by New Power • January 7, 2021

Energy regulator Ofgem has opened an investigation into Symbio Energy over its late payments into the Renewables Obligation (RO) and Feed-in Tariff (FIT) schemes. Symbio Energy failed to pay into RO the buy-out fund or present the required number of ROCs…

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News

Engie claims first blockchain ‘smart contract’ for green power buyers

by New Power • January 7, 2021

Engie, inspection and testing organisation Bureau Veritas and French research organisation CEA have announced the validation of smart contracts using blockchain. Engie said the smart contract solution had been developed by an internal startup company, The Energy Origin (TEO). It…

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Editor's blog

Do we have enough Electricity Margin Notices?

by New Power • January 6, 2021

This winter we have had four Electricity Margin Notices (EMNs), alerts from the electricity system operator NGESO to warn the market that the system operator wants more power available. Why is this so rare?  It might help if it happened more…

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News

Zeigo hosts first PPA execution, seeks more solar and wind developers to join platform

by New Power • January 6, 2021

Zeigo’s renewable energy procurement online platform has for the first time executed a power purchase agreement (PPA).  It has secured a PPA with a major UK energy supplier for two solar farms in Devon that belong to UK investment fund…

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News

Vehicle manufacturers: UK must build a battery industry by 2027 to compete in EV market

by New Power • January 6, 2021

“Investment in UK’s electrified supply chain, including accelerated large-scale battery production, is now crucial for sector’s long-term competitiveness and success,” according to SMMT, the lobby group for auto manufacturers and traders. It warned that the UK must grow its battery manufacturing…

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News

Call for London local energy projects to access £6M funding – ACT NOW register for briefing by 8 January

by New Power • January 6, 2021

London local energy projects can tap into £6 million of funding from the Local Energy Accelerator (LEA). Interested parties can register by 8 January for a Q&A session on 11 January to find out more. LEA will deliver £6 million…

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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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