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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

Npower business customers offered source and time data on their renewable energy supplies

by New Power • October 14, 2024

Npower Business Solutions has partnered with software provider Granular Energy, to provide its business customers with renewable energy matching. The new service is designed to provide businesses with detailed information on the source and time of their renewable energy generation,…

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News

Uniper seeks local comment on ‘low carbon’ plant for Connah’s Quay

by New Power • October 9, 2024

Uniper is seeking input from local residents, councils and other organisations around Deeside on a new power plant at its Connah’s Quay site. The new plant would include carbon capture technology, and the captured carbon dioxide would connect into nearby…

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News

RenewableUK Cymru warns slow permitting puts wind projects at a disadvantage

by New Power • October 8, 2024

RenewableUK Cymru is calling on the Welsh Government to take urgent action to expedite decision-making, following news that three onshore wind farms with a combined capacity of over 200MW have been further delayed. The group said one project, EDF Renewables…

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News

Llanwern solar farm to supply Anglian Water Services

by New Power • October 8, 2024

The UK’s largest operating solar farm will provide power for Anglian Water under a new power purchase agreement (PPA). The so-called ‘sleeved PPA’ for the 75MW Llanwern Solar Farm was announced by NextEnergy Capital. The a 20-year inflation-linked contracted revenue…

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News

Fidra Energy launched to develop GW-scale batteries

by New Power • October 8, 2024

Institutional investor EIG has announced the launch of Fidra Energy, headquartered in Edinburgh, which aims to establish a 10GW platform of batteries across the UK and other European markets by 2030. The company is developing three of the largest battery…

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News

Interview: chief executive Peter Stanley on Elexon’s new role

by New Power • September 26, 2024

Elexon chief executive Peter Stanley admits that his company was far from being the favourite when Ofgem invited bids to take on a new role, that of local electricity market facilitator. I meet him to ask about that new role…

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News

Canadian pension fund takes stake in UK pumped storage

by New Power • September 25, 2024

Canadian pension fund CDPQ has announced it will acquire Brookfield Asset Management’s 25% stake in pumped storage plant operator First Hydro Company for a reported £500 million. Engie is the majority shareholder who owns the remaining 75% of the company.…

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News

ScottishPower Renewables expands footprint in Lowestoft

by New Power • September 23, 2024

ScottishPower Renewables has acquired a new site in Lowestoft’s PowerPark and confirmed it as the long-term home for its UK offshore wind operations. The company is investing around £8 million to acquire and develop the site on Trinity Road –…

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News

Polling finds support far outweighs opposition for new wind farms

by New Power • September 23, 2024

Fred. Olsen Renewables has claimed a high level of support for accelerated progress on wind power to meet national clean energy targets, based on opinion polling evidence. However, the polling found that government and industry have still to convince the…

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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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