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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

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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News

Westminster sees 25% jump in EV ownership, seeks market information on chargepoint management

by New Power • July 31, 2023

Westminster City Council says the number of residents in the council area with an EV increased by 27% in the year to June 2023 and has reached nearly 6000. The council is looking for market information on managing its fleet…

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News

Speedy and AFC Energy plan JV offering hydrogen-based plant hire

by New Power • July 28, 2023

AFC Energy, which supplies hydrogen-powered generators, and equipment hire services company Speedy Hire are planning to launch a dedicated hydrogen-powered generator plant hire business. It will provide the UK construction and temporary power market with zero emission temporary power solutions…

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News

Lithium refinery granted planning permission at Teesport

by New Power • July 28, 2023

Green Lithium has been granted planning permission from Redcar & Cleveland Borough Council to build a lithium refinery. The facility will manufacture concentrated lithium hydroxide monohydrate on a 58-acre site within the PD Ports Teesport complex at Kinkerdale Road, Teesport.…

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News

Drax wins permission to expand lucrative Cruachan pumped storage plant

by New Power • July 27, 2023

Drax Power announced a tripling of earnings from its pumped storage plant at Cruachan and its hydro operations at Lanark and Galloway in the first half of 2023 – EBITDA was £154 million in H1 2023, compared with £53 million…

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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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