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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

Moneysupermarket: Energy switching ‘unlikely to recover in 2023′

by New Power • April 18, 2023

The energy switching market is unlikely to recover in 2023, according to Moneysupermarket. In a first-quarter trading update the switching service said ” Whilst we launched our first fixed energy tariff since October 2021 at the end of March, it…

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News

Luxembourg and Finland in first cross-border renewable energy support tender

by New Power • April 17, 2023

The first-ever cross-border tender to support renewable energy in the EU has been adopted by the European Commission. The tender is organised in the framework of the EU’s Renewable Energy Financing Mechanism (RENEWFM) and is between Luxembourg and Finland. cooperate…

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News

National Trust signs with RAW Charging to install EV charging bays

by New Power • April 17, 2023

The National Trust has contracted with RAW Charging to install electric vehicle charging for visitors. Over the next three years, RAW will install EV charging at suitable sites across the Trust’s portfolio in England, Wales and Northern Ireland. RAW will…

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News

Should the CfD include non-price factors? DESNZ asks for evidence

by New Power • April 17, 2023

The Department for Energy Security and Net Zero is consulting on whether to refine its key renewable energy support mechanism, contracts for difference (CfDs), to reflect the “wider benefits of renewable energy”. CfDs give developers price certainty for their offtake…

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News

Ripple Energy names Devon solar farm as third consumer-owned renewable energy site

by New Power • April 17, 2023

Ripple Energy has named Derril Water in Devon as its first shared solar farm project. Renewable energy company RES, which developed the project, will sell the 42MW project to a Ripple-managed co-operative. Ripple is ring-fencing 10% of the ownership of…

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News

Harland & Wolff looks for £168M investment to add hydrogen storage at Islandmagee facility

by New Power • April 17, 2023

Harland & Wolff says it will open conversations with potential funders, after a study has confirmed hydrogen can be stored in the salt caverns at its Islandmagee gas storage facility and withdrawn to a hydrogen grid when required, with the…

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News

TFL starts market engagement for private wire solar PV to power London Underground

by New Power • April 15, 2023

Transport for London (TfL) is conducting an early market engagement exercise for a solar private wire project that aims to enable TfL to receive zero-carbon electricity directly from new-build solar PV sources, reducing the carbon emissions associated with the operation…

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News

DESNZ warned ‘Hydrogen Champion’ recommendations for gas grid blending and hydrogen boiler loophole ‘undermine government’s aims and raise prices for consumers’

by New Power • April 13, 2023

Twenty three organisations have jointly written to Grant Shapps MP, Secretary of State for the Department for Energy Security and Net Zero, to question some of the conclusions of a Hydrogen Champion Report, led by Jane Toogood, and ask Shapps…

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News

Three energy storage projects share £30M to build first units

by New Power • April 12, 2023

Three long duration energy projects have won support under the government’s Long Duration Energy Storage (Lodes) funding stream and are now expected to “fully deploy and demonstrate their technology”. Three types of storage were able to apply for Lodes funding,…

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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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