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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

CCS research centre gets £7.6m funding boost

by Annabel Andrews • April 12, 2017

The UK CCS Research Centre (UKCCSRC) has today been awared £7.6 million funding to extend its work for a further five years. The UKCCSRC has been awarded £6.1M by the Engineering and Physical Sciences Research Council (EPSRC) to continue its…

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News

New funding announced for low carbon and autonomous vehicles

by New Power • April 11, 2017

Seven low carbon vehicle projects are set to share £62 million in funding from the Advanced Propulsion Centre (APC), the joint industry-government programme to put the UK at the forefront of low carbon vehicle technology. The projects are led by…

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News

E.On to develop airborne wind energy test site

by Annabel Andrews • April 11, 2017

E.On has committed to invest in the development, and if successful, construction and operation of an airborne wind energy demonstration site in County Mayo, Ireland. In parallel, E.ON entered into a collaboration agreement with Ampyx Power as the first user…

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News

Government awards £24m funding for low carbon heat networks

by Annabel Andrews • April 10, 2017

New government funding to help develop clean and efficient heating systems has been awarded to 13 local authorities across England, climate change and industry minister Nick Hurd announced. Nine of the winning authorities will receive a share of just over…

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News

Limejump joins Anesco in push to become UK’s largest battery storage operator

by New Power • April 10, 2017

Anesco and Limejump have announced plans to create the largest portfolio of battery storage in the UK. The two companies plan to bring 185MW of energy storage online by the end of 2018 to participate in the capacity market, as…

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News

Tokyo Electric Power takes £500,000 stake in Moixa

by New Power • April 7, 2017

Japanese utility Tokyo Electric Power has announced a £500,000 equity investment in Moixa Energy Holdings, the UK residential battery company. “We are excited to welcome Moixa to our modest, but growing portfolio of innovative startups,” said Hirokazu Yamaguchi, executive general…

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News

Brexit ambiguity worrying UK energy leaders, report finds

by Annabel Andrews • April 6, 2017

Brexit has left the UK’s commitment to future sustainable energy projects uncertain, according to a new report from the World Energy Council think-tank, World Energy Issues Monitor 2017: ‘Exposing the New Energy Realities.   The report found that UK’s decision to…

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Perspective

OPINION: The energy industry needs a ‘grand bargain’ on flexibility

by New Power • April 6, 2017

The future of European energy depends on flexibility. This calls for a regulatory rethink based on a grand bargain between all players, says Simon Hobday, partner at Osborne Clarke    If the future’s bright, the future’s flexible. The two go…

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Flash update

Sheringham Shoal OFTO misses out on £85k costs payment due to email error

by Annabel Andrews • April 6, 2017

Blue Transmission Sheringham Shoal , the company that owns and operates the link connecting the Sheringham Shoal offshore wind farm to the GB network, has missed out on a £85,420.08 contingent event adjustment (CEA), after its email to Ofgem failed to arrive…

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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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