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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

Capacity auction will seek 46.3GW for 2022/23, 4.6GW for 2019/20

by New Power • July 10, 2018

The Capacity Market auction this year will source 46,300MW of capacity for delivery in 2022/23, energy minister Claire Perry has decided. National Grid’s analysis resulted in a total capacity target for the delivery year of 46,700MW. The minister set aside 400MW. The T-1 auction this…

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News

NextEnergy Solar Fund makes more acquisitions

by New Power • July 10, 2018

Next Energy Solar Fund (NESF), a specialist investment company for UK solar power plants, has acquired ten operating solar plants with a total installed capacity of 66.8MWp. All ten assets were connected to grid between 2012 and 2014 with subsidies,…

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News

Consumer views sought on plans publicly-owned energy company in Scotland

by New Power • July 10, 2018

The public and other stakeholders have been invited by Holyrood’s Economy, Jobs and Fair Work committee to give their views on the feasibility of a not-for-profit, publicly owned energy company. Issues being considered include whether such a company will reduce costs for…

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News

‘Road to zero’ electric vehicle strategy: the industry responds

by New Power • July 9, 2018

The government’s “Road to zero”, says that by 2030 at least half of new cars and 40% of new vans sold in the UK must be ultra low emission — defined as emitting less than 50g of carbon per kilometre…

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Perspective

OPINION: The UK faces a bleak energy future outside the EU’s internal market

by New Power • July 9, 2018

Speaking at the end of a House of Lords debate on energy and Brexit, Lord Teverson warned that the UK would not be ‘at the table’ on energy discussions after it leaves the EU. He warns that the EU’s interest…

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News

System stability fears will require changes at 50,000 distributed generation plants

by New Power • July 5, 2018

Up to 50,000 distributed generators, who operate small plant less than 5MW in capacity, will have to make changes to plant operation to stop faults propagating across the electricity system and causing local blackouts. A consultation on how to implement…

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News

Funding sought for fast-charging ‘petrol stations’ for electric vehicles

by New Power • July 5, 2018

Gridserve has announced plans to roll out a UK-wide network of ‘electric forecourts’. It wants to “offer significantly more high-power charging points than are currently available at most UK petrol stations”.   It is currently raising capital from investors in its first round of…

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News

Community energy company makes acquisition in Cornwall

by New Power • July 5, 2018

Community-owned energy co-operative Community Power Cornwall has acquired wholly owned subsidiary West Country Renewables for £1.34 million. It said this is the first time a Cornish community energy society has bought an existing company and claimed assets being transferred from private…

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News

Ingenious-backed company offers on-site power to beat rising ‘brownout’ fears

by New Power • July 5, 2018

Argonaut Power and Powerstar have announced plans to provide fully-funded battery storage and on-site renewable generation for commercial and industrial customers. The aim is to enable customers to decrease their bills through the reduction of grid charges, to improve business…

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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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