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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

Ecotricity signs ten-year agreement to take power from Cornish geothermal plant

by New Power • January 5, 2021

Ecotricity has agreed a 10-year Power Purchase Agreement (PPA) for power generated at the United Downs geothermal site. Geothermal Engineering’s deep geothermal plant is expected to go into operation in 2022. It won £6.5 million funding from renewable energy investment company…

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News

SSEN calls on business customers to earn money by flexing usage – register interest by 31 January

by New Power • January 5, 2021

Scottish and Southern Electricity Networks (SSEN) wants business customers to register an interest by the end of January in providing flexibility to the energy system over the next eight years. It says owners of low-carbon technologies, generators and solutions that…

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News

Orsted wins consent for Hornsea Three offshore wind farm, overriding bird life concerns

by New Power • January 4, 2021

The Secretary of State has granted development consent to Orsted’s Hornsea Three offshore wind farm. A report from the planning inspectorate was initially passed to BEIS in July 2019 but the statutory date by which a decision was required was…

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Longread

ITM’s hydrogen ‘Gigafactory’ moves into manufacturing operation – read our interview

by New Power • January 4, 2021

ITM Power has announced that fit out of its 1GW/yr ‘Gigafactory’ at Bessemer Park has now reached ‘Practical Completion’ – contractors have handed the completed building and manufacturing can begin- having suffered only a minor delay from the Covid-19 pandemic. ITM…

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News

Six industrial zones share £8M funding to develop plans to reach Net Zero by 2040

by New Power • January 4, 2021

Six industrial zones across the UK will share £8 million in government funding to produce detailed plans for reducing emissions across major areas of industrial activity. The Industrial Clusters Mission aims to deliver  four low-carbon regional zones by 2030 and…

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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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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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