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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

MPs put pressure on Sunak and Coutinho over Net Zero speech

by New Power • October 1, 2023

Two key parliamentary bodies have written the government to raise concerns over his suggestion that there is not consensus on Net Zero and urge him not to slow measures that will minimise costs to consumers. The Select Committee on Energy…

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News

XLinks 3.6GW Interconnector with Morocco will take NSIP route to development consent

by New Power • September 30, 2023

The government has confirmed that Xlinks, a planned interconnector between the GB electricity grid and Morocco, will be treated as a Nationally Significant Infrastructure Project in seeking development consent, like most other large energy projects. It means the plans will…

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Longread

INTERVIEW Oliver Lancaster, IGEM: Who needs the gas network?

by New Power • September 27, 2023

Going beyond fossil gas means fundamental change for more sectors than domestic heating. Janet Wood spoke to IGEM’s Oliver Lancaster about some of the issues ahead The gas network has provided a large part of the nation’s heating and industrial…

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News

MeyGen 2 tidal project aiming for 2025 financial close

by New Power • September 27, 2023

SIMEC Atlantis Energy is targeting financial close in Q2 2025 for its MeyGen Phase 2 tidal stream project, according to a market update. The company secured four Contracts for Difference (CfDs) totalling 22MW from the UK government in the AR5…

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News

Battery storage owner revenues fall by 30%, blames poor pick-up from system operator

by New Power • September 27, 2023

Battery owner Gresham House Energy Storage Fund saw revenues fall by a third in the first half of 2023, as “long-expected saturation of ancillary services has not been replaced by the anticipated level of trading revenues”. The Fund said the…

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News

BP wins first battery optimisation contract for Open Energi platform

by New Power • September 27, 2023

BP has signed an agreement with battery investors Harmony Energy Income Trust (HEIT) to provide physical power trading and optimisation services to two projects due to come online in the first half of 2024. They are the first new batteries…

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News

Planning application submitted for North Devon floating wind project

by New Power • September 26, 2023

The developers of White Cross offshore windfarm, planned to go into operation 52km off the North Devon coast in 2027, have submitted a planning application for onshore works to North Devon Council. The proposed 100 MW windfarm, will consist of…

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News

JET fusion site systems could be repurposed to offer grid inertia services

by New Power • September 26, 2023

Systems at UKAEA’s Culham site that were previously part of the Joint European Torus (JET) fusion research project could be used to provide grid services and the JET team is looking for companies who could repurpose them. A preliminary feasibility…

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News

Network Rail to roll out solar PV across Scottish car parks and buildings

by New Power • September 26, 2023

Network Rail wants to partner with a renewable energy developer to deploy of solar arrays across sites in Scotland, including installing ‘solar carports’ in station car parks. The project would see solar PV arrays at stations, depots, offices, car parks…

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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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