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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

Investor kicks off construction of seven co-located PV/battery projects

by New Power • February 28, 2023

DIF Capital Partners has joined with Berlin-based IB Vogt to acquire seven ready-to-build co-located solar and battery projects from Enso Green Holdings Limited. DIF’s Infrastructure VII fund will have a 90% interest in the portfolio, which totals 720MW (380MW of…

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News

Vattenfall says its data show sea birds successfully avoid wind farms

by New Power • February 28, 2023

Vattenfall says research carried out at the European Offshore Wind Deployment Centre (EOWC) at Aberdeen has shown that seabird species take effective action to avoid wind farms. Radar tracked birds flying towards the wind farm, which activated cameras and generated…

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News

Guarantee of Origin price rise ‘could fund major investment in renewables’

by New Power • February 27, 2023

Increasing demand for Guarantees of Origin (GO) could raise half the funding needed for Europe’s investment in clean power, according to Ecohz. The company, which says its aim is to help organisations use clean power and create new renewable energy…

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News

Seven new interconnectors eligible for ‘cap and floor’ regime

by New Power • February 27, 2023

Seven new electricity interconnectors have passed Ofgem’s initial eligibility test for ‘cap and floor’ arrangements, which would guarantee a minimum return for investors and cap profits. The links are with: • Belgium: developed by Copenhagen Infrastructure Partners • Denmark: developed…

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News

Five point plan aims to speed up network connections in advance of new process

by New Power • February 26, 2023

The Electricity System Operator (ESO) has set out a five-point plan to try to speed up connections to the transmission grid. to complement its programme of longer-term reform. Modelling shows that Great Britain needs 123-147GW of new low carbon generation…

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News

SGN to install rooftop PV across its buildings

by New Power • February 23, 2023

Gas network company SGN (Scotia Gas Networks) has kicked off procurement for rooftop PV across its buildings in Scotland and southern England. The up to £1.5 million programme aims to achieve a minimum 40% reduction in electricity purchasing requirements. The…

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News

NextEnergy Solar Fund to hike investment in standalone batteries

by New Power • February 22, 2023

NextEnergy Solar Fund (NESF) has sought approval from its investors to commit more funding to battery storage. The fund wants to amend its existing investment policy to increase the investment in standalone energy storage from 10% up to 25% of…

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News

Russia ‘preparing for North Sea sabotage’ and seeking to undermine energy transition

by New Power • February 21, 2023

A Russian ship recently detected at an offshore wind farm in the North Sea was trying to map out energy infrastructure and was escorted out of the North Sea by Dutch marine and coast guard ships, MIVD head General Jan…

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News

GeoPura secures £36M investment for hydrogen-fuelled generators

by New Power • February 21, 2023

UK green hydrogen company GeoPura has secured £36 million in an investment round led by GM Ventures, the investment arm of General Motors, and co-led by Barclays Sustainable Impact Capital with participation from SWEN CP and Siemens Energy Ventures. The…

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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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