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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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Longread

Waste to energy – can it do more for local power grids?

by New Power • January 2, 2021

In June 2015 New Power spoke to energy from waste companies about taking a broader role, providing flexibility and other services to the local power grid. Our report:  What more can the energy from waste (EfW) sector do to help…

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Longread

ORE Supergen calls for proposals with £850k on offer. Read our interview with ORE’s Deborah Greaves

by New Power • January 2, 2021

Expressions of interest must be submitted by 11 January for the Supergen ORE Hub Flexible Fund’s ‘third call for proposals’ Up to £850,000 is on offer to fund up to 80% of research proposals from universities or other institutions for…

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News

Carland Cross export marks Scottish Power entry into battery storage

by New Power • January 2, 2021

Energy has been exported from a commercial 1MW battery energy storage system connected to Carland Cross windfarm in Cornwall. For ScottishPower Renewables, and its Spanish parent Iberdrola, this is the first in a pipeline of almost 1GW of battery storage…

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Longread

Fusion outsider raises £25 million in new funding

by New Power • January 2, 2021

First Light Fusion has raised $25 million from existing and new investors. The funding round was led by Oxford Sciences Innovation (OSI) and includes IP Group plc and Hostplus. The new funding will enable First Light to boost its science,…

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News

A big binary decision on hydrogen is not the approach we need

by Tim McManan-Smith • October 27, 2020

Hydrogen-power_shutterstock_1092687374

Focusing on “Net Zero by 2050” fundamentally misunderstands the problem of the Climate Crisis. While the destination is absolutely critical, it is the journey which will dictate the success of the outcome writes  Chris Manson Whitton, director, Progressive Energy. Our complex…

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News

Ofgem suspends policy development on power trading liquidity

by New Power • October 16, 2020

Ofgem has suspended new policy development on improving liquidity in traded power markets. The regulator says that market monitoring since measures to improve liquidity were removed has revealed little or no loss of either ‘churn’ (the number of times power…

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News

CMA tells water companies ‘manage your energy bills’ as it rejects option to recoup extra costs from customers

by New Power • October 3, 2020

A decision by the Competition and Markets Authority (CMA) will force major energy buyers in the water sector to take a more active approach to managing their energy costs. Energy represents 9% of water company costs and, according to Veolia,  the sector…

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News

Balancing services should be £/MWh and based on final demand – task force

by New Power • September 30, 2020

All final demand customers should pay grid balancing charges that are based on a set £/MWh basis, according to the Balancing Services Charges Task Force. The group, convened by National Grid ESO at Ofgem’s request, has spent two years working…

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News

Green Gas Levy: Flat rate and quarterly collections favoured

by Staff writer • September 23, 2020

Government thinks its plans for a biogas levy will add no more than £6.90 per annum per meter – both for businesses and households. The Green Gas Support Scheme is due to launch in Autumn 2021. It will be funded…

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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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