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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

GFG announces plans for wind farm dedicated to supply industrial businesses

by New Power • September 6, 2017

The GFG Alliance has announced plans for a 178MW wind farm to be developed by related company Simec Energy. The  54-turbine £170 million investment at Glenshero in the Highlands will provide power for industrial schemes such as the GFG Alliance’s…

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Longread

From New Power Report: energy issues in a switch to hydrogen gas

by New Power • September 6, 2017

Plans for a large scale conversion of parts of the gas network are being tested by the H21 project in Leeds. But where does the hydrogen come from and how much energy is required to produce it? New Power Report…

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News

Logistics group Stobart will seek refunds from delayed biomass plant

by New Power • September 5, 2017

Stobart Group will be seeking to recover costs from delayed biomass-fuelled power plants that have required less fuel than expected, it said in a trading update. The logistics group said it had developed a renewable energy fuel supply chain to…

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News

Electricity networks under fire over ‘excess profits’

by New Power • September 5, 2017

The UK’s large electricity networks return a third of their revenue as profit, claims the Energy and Climate Intelligence Unit (ECIU), and cumulatively at least half – over £5 billion – has been paid in dividends to the companies’ overseas…

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News

Dutch funding drives mass PV installation on UK social housing

by New Power • September 4, 2017

Maas Capital (part of the ABN AMRO Bank) is to invest £160 million to fund the installation of solar panels from Solarplicity on affordable housing in England and Wales. Solarplicity will partner with social housing providers to install panels on…

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News

Battery to add stability to Burbo Bank offshore wind farm

by New Power • August 31, 2017

Dong Energy is to install a 2MW battery at its Burbo Bank offshore windfarm near Liverpool.The battery will be supplied by ABB. The 90 MW Burbo Bank offshore wind farm has been in operation since 2007. The battery will help…

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News

Geothermal heating project planned for Kilmarnock development

by New Power • August 30, 2017

The Scottish Government is to provide £1.8 million from the Low Carbon Infrastructure Transition Programme to fund a new geothermal heating system for new homes at the former Johnnie Walker bottling plant in Kilmarnock. The homes are part of a three-phase…

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News

SSE issues €600M green bond to refinance onshore wind

by New Power • August 30, 2017

SSE has issued a €600  million green bond to refinance its portfolio of recently constructed or under construction onshore wind farms. The company said there was “significant demand” for the eight-year, 0.875% bond, which it said made it possible to price…

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Longread

Fossil power specialists make storage and flex part of the package

by New Power • August 29, 2017

GE plans to supply storage technologies alongside gas in future, according to the company’s vice president for Europe, Michael Rechsteiner. He expects to see the roles being filled by fossil plants changing and in future, when selling or upgrading gas…

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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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