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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

Summer 2023: record low electricity demand expected and less gas required for transit and power generation

by New Power • April 19, 2023

System Operator NGESO said this summer it does not expect to call on Optional Downward Flexibility Management (ODFM), a service used in 2020 and 2021 to manage periods of low demand, while technical problems with the French nuclear fleet may…

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News

Heavy goods vehicle operators call for government strategy and support to decarbonise

by New Power • April 19, 2023

The heavy goods vehicle (HGV) sector says lack of infrastructure makes it impossible for operators to contemplate investments to decarbonise their fleets, putting critical CO2 emission savings of up to 21.1 Mt a year at risk. The industry has called…

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News

Majority of suppliers failing on smart meter installation, prepayment and Economy7 customers badly served

by New Power • April 18, 2023

Ofgem said it would prepare enforcement action against 31 energy suppliers who failed to achieve rollout targets for electricity smart meters – a majority of the 49 suppliers required to provide smart meters – and 23 suppliers who failed to…

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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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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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