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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

Forward trade for Creyke Beck signals lowered price risk options for batteries

by New Power • January 18, 2023

Statkraft has claimed an ‘industry first’ in agreeing a battery forward trade on behalf of battery owner Statera Energy. Statkraft is a renewable power generator and provider of market access and optimisation services. It says the financial return secured for…

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News

BEIS select committee asks for evidence in new inquiry on EV battery manufacturing

by New Power • January 18, 2023

Following the collapse into administration of the BritishVolt battery factory, the BEIS Select Committee has opened an inquiry into batteries for electric vehicle manufacturing. It is accepting written evidence until 14 February on the following questions: • Is there enough…

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News

ACT NOW: Register by Friday to work with NGET on new network delivery model

by New Power • January 17, 2023

National Grid Electricity Transmission is carrying out pre-procurement market engagement on the delivery model for the New Infrastructure Delivery Onshore Programme (NIODP) and says that parties who do not register to respond by Friday 20 January may not receive notice…

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News

Alpha Real Capital acquires three wind assets

by New Power • January 17, 2023

Asset investor Alpha Real Capital has acquired three UK wind assets together valued at £90 million. The acquisitions – expected to generate 88GWh per year – were completed in December by funds managed by Alpha Real Capital and comprise: •…

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News

Gridserve opens EV charger hub near Stonehenge

by New Power • January 17, 2023

Gridserve has opened an Electric Super Hub at Solstice Park, Wiltshire, on the A303 near Stonehenge. Eight High Power chargers have been installed at the site that accept contactless payment, have CCS and CHAdeMO connectors, and a larger bay to…

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News

Bar owner to close some venues on Mondays and Tuesdays to cut energy bills

by New Power • January 17, 2023

The owner of the Revolution, Revolucion de Cuba and Peach Pub bars has said it will close some of its 90 venues on Mondays and Tuesdays in the next few weeks to reduce energy use. The company said train strikes…

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News

Green hydrogen companies join forces to target transport sector

by New Power • January 17, 2023

Green hydrogen producer Hydrogen Future Industries (HFI) has joined forces with hudrogen producer and distributor Tower Green Holdings Limited. Tower will use HFI’s hydrogen production technology, no win development, as it is establishes multipurpose hydrogen hubs in the southwest of…

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News

BEIS aims to assess housing stock in £5M survey to assess hydrogen potential

by New Power • January 16, 2023

The Department for Business, Energy & Industrial Strategy (BEIS) has begun pre-procurement market engagement, ending on 31 January, for a two-year contract, up to £5 million in value, to support assessments of the feasibility of converting the GB building stock…

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News

Equipment rental company to offer vanadium flow batteries

by New Power • January 16, 2023

Vanadium flow battery manufacturer Invinity Energy Systems has signed a Memorandum of Understanding with rental business Dawsongroup Power Solutions and aims to appoint Dawsongroup as exclusive partner for the UK equipment rental market. The parties see strong potential for a…

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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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