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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

Susgen sells solar and battery development company to RWE

by New Power • March 15, 2023

Susgen has sold its UK-based solar and battery storage development company JBM Solar to RWE. Founded in 2012, JBM Solar currently has a pipeline of 6.1GW – 3.8GW of solar and 2.3GW of co-located battery projects. A number of these…

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News

Llŷr floating turbines take on Owners Engineer to prepare front end design for Celtic Wind demonstrator projects

by New Power • March 15, 2023

Developer Floventis Energy has awarded the ‘owner’s engineer’ contract for the Llŷr 1 and 2 wind farms in the Celtic Seas to Kent, in partnership with Vekta Group. The Llŷr projects are demonstrating the potential of two floating offshore wind…

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News

Work under way on 180-charger EV charging facility at NEC

by New Power • March 14, 2023

Construction has started at the National Exhibition Centre (NEC) site in the West Midlands on electric vehicle charging infrastructure that will eventually have 180 charging points, which NEC says will make it one of the largest charging hubs in Europe.…

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News

Pennon speeds up plans for PV deployment, looks across the UK

by New Power • March 14, 2023

Water and waste water company Pennon says it is in “advanced discussions with a range of counterparties” offering large scale solar development opportunities at sites situated across the UK, ranging in capacity up to 60MW. In a trading update the…

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News

Gresham House storage fund celebrates 20% lift in earnings

by New Power • March 13, 2023

Gresham House Energy Storage Fund plc saw earnings increase by over 20% in 2022, to £48 million, thanks to rising prices and increased market volatility. It expects its operational capacity to reach 1GW in 2023 and around 1.5GW in 2024.…

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News

First floating wind farm off Wales wins development consent

by New Power • March 13, 2023

The Welsh Government has granted development consent for Wales’ first floating windfarm, Project Erebus, to be located 40km off the coast of Pembrokeshire. Blue Gem Wind, the joint venture between TotalEnergies and Simply Blue Group, says it is currently on…

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News

Invinity sells further UK battery, plans Hungarian expansion

by New Power • March 11, 2023

Invinity Energy Systems has received an order from Dawsongroup for another 0.22MWh VS3 flow battery. The two companies announced a partnership on 16 January to jointly develop and market a full package battery plus renewables solution that is designed to…

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News

Robin Rigg owner seeks £9.4M from cable-maker after cartel inflated price

by New Power • March 11, 2023

RWE Renewables has sought damages of £9.42 million with regard to the cost of installing export cables for the Robin Rigg offshore wind farm. The claim comes after the European Commission decided in 2014 that a cartel had operated in…

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News

Closure of nuclear plants at Heysham and Hartlepool delayed by at least two years

by New Power • March 9, 2023

EDF Energy has announced it will extend the lives of two nuclear plants – Heysham 1, in Lancashire, and Hartlepool, in Teesside – by a further two years to March 2026, and possibly longer. Both plants mark 40 years of…

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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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