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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

Fidra Energy picks Sungrow for its GW-scale batteries

by New Power • November 20, 2024

Fidra Energy and Sungrow have announced the signing of a strategic 4.4GWh energy storage partnership agreement to support Fidra’s plans to establish a 10GW battery platform across the UK and other European markets by 2030. Under the Agreement, Sungrow will…

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News

Muirhall Energy to run EV charging hubs under new Greenwheel Electric brand

by New Power • November 20, 2024

Scottish renewable energy developer Muirhall Energy has launched Greenwheel Electric to provide new EV charging capacity. The division will operate renewable power hubs that charge direct from the point of electricity generation. Jason McCall, Managing Director of the new company,…

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News

ACT NOW: Manchester Prize to fund 10 AI projects with £1M grand prize for one

by New Power • November 20, 2024

The Department of Science, Innovation and Technology is calling for innovators to enter the Manchester Prize, which has funding up for grabs for breakthroughs in artificial intelligence that will accelerate grid decarbonisation.  A £1 million grand prize will be awarded…

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News

‘Patient capital’ investment to move forward fusion technology

by New Power • November 20, 2024

British Patient Capital has announced an £8 million investment into Tokamak Energy as part of a $125 million financing round. The funding will help to grow the company’s high temperature superconducting (HTS) technology solution, TE Magnetics. The growth will meet…

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News

Lobster release to add to Triton Knoll site biodiversity

by New Power • November 20, 2024

Thousands of juvenile lobsters will be released at the site of its Triton Knoll offshore wind farm in an initiative by RWE and the Whitby Lobster Hatchery to help increase biodiversity in the North Sea. The first batch of 2,500…

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News

French green hydrogen producer to flex to meet electricity grid needs

by New Power • November 18, 2024

Lhyfe, a green hydrogen producer which will use electrolysis to produce hydrogen has announced that it will use flexibility in its electrolyser capacity to help balancing the French electricity grid. The company has announced a partnership with software and energy…

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News

Does the workforce exist to deliver Net Zero? Energy security & Net Zero Committee opens inquiry

by New Power • November 14, 2024

The Energy Security and Net Zero has opened a new inquiry on the UK workforce needed to deliver, clean secure energy. Before the General Election the previous ESNZ Committee heard about the difficulties resourcing work across the energy sector in…

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News

Select Committee inquiry aims to find ways to boost community energy

by New Power • November 14, 2024

The Energy Security & Net Zero Select Committee wants written evidence submitted by 13 January as it opens a new inquiry into Unlocking community energy at scale. Inviting evidence, the committee says community energy is “at the heart of the…

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News

FirstBus adds Centrica to partners sharing its EV charging bays

by New Power • November 13, 2024

Centrica and First Bus have announced a new partnership that will give Centrica secure access to First Bus’s rapid electric vehicle (EV) charging infrastructure at bus depots to charge its vehicles. The initial phase of the Centrica partnership will allow…

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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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