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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

Demand side response market open up for industrial gas users

by New Power • August 8, 2023

Large gas customers will in future be able to contract directly with gas system operator National Gas Transmission (NGT) to provide demand side response (DSR), after a gas industry change of rules. Large electricity customers can already be paid to…

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News

West Berkshire Council set to build solar farm

by New Power • August 6, 2023

West Berkshire Council has says it intends to bring a planned solar farm to the market later this year, anticipated in Q4 2023. The Grazeley solar farm, which is estimated to cost around £10 million, was approved by the council’s…

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News

DESNZ ‘minded’ to underwrite new hydrogen network with RAB plus top-up funding

by New Power • August 3, 2023

The Department for Energy Security and Net Zero has indicated a ‘direction of travel’ for likely support for hydrogen transport and storage. The department says the initial focus for the business model will be on large-scale pipeline infrastructure, which transports…

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News

Contracts for Difference budget boosted by £22M.

by New Power • August 3, 2023

The government has announced a £22 million increase in the budget for the next Contracts for Difference auction, bringing it £227 million. The extra budget will be allocated partly to the ‘established technologies’ pot, whicb includes solar and offshore wind…

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News

Ukraine power company brings solar farms back into operation

by New Power • August 2, 2023

DTEK Renewables has restored a solar power plant in Ukraine’s Mykolaiv region belonging to Niko Solar – DTEK Renewables’s first such project for an external plant owner. Around 90% of the generating equipment of the 5.7MW solar farm had been…

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News

Acorn and Humber to move to next stage as ‘Track 2′ CCUS clusters

by New Power • July 31, 2023

The government has announced that the ‘Acorn’ Scottish Cluster and the Viking cluster in the Humber “ remain best placed to deliver our objectives” and will move forward to the next stage of deployment as ‘Track 2 clusters’, as part…

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News

China floats first battery-powered container ship for Yangtze River route

by New Power • July 31, 2023

China has floated a battery-powered container ship and it is scheduled to begin sea trials in late September, The Maritime Executive reports. The vessel, which is being built for China’s COSCO Shipping Heavy Industry, is the first of two river…

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News

New PV and battery developer plans to bring 350MW to point of building by end 2025

by New Power • July 31, 2023

Octopus Renewables Infrastructure Trust plc plans to invest up to £2 million in the next two years to set up and fund a new development business, focused on building 350MW of new ground-mounted solar PV and co-located battery storage assets…

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News

DIF makes £200M investment in battery developer Field

by New Power • July 31, 2023

Battery developer Field has raised £200 million in equity investment from DIF Capital Partners (via its DIF Infrastructure VII Fund Triple Point Energy Transition plc. This investment will enable Field to significantly scale its fleet of batteries and enhance its…

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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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