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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

Gore Street Energy Storage Fund acquires 200MW project at Heysham

by New Power • October 31, 2022

Gore Street Energy Storage Fund is to acquire a 200MW construction-ready battery project in Heysham from Kona Energy. This is the fund’s largest acquisition to date and will bring its portfolio to 25 projects with a total capacity of 898MW in…

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News

Bulb customers to move to Octopus Energy entity in November

by New Power • October 31, 2022

Bulb’s 1.5 million customers are to be taken over by Octopus Energy. BEIS said Bulb’s Special Administrators had been been running a “competitive and extensive” sale process. Octopus will continue to use Bulb’s technology and brand for a transitionary period…

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News

Gridserve claims ‘fastest UK charger’ at Braintree

by New Power • October 31, 2022

Gridserve claims a new electric vehicle (EV) charger at its Braintree forecourt will be the fastest public chargepoint in the UK. The company says that dependent on model and charging capacity the ABB 360kW charger makes will be able to…

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News

Centrica injects first gas into reopened Rough store

by New Power • October 28, 2022

Centrica has made its first injection of gas into the Rough storage site in over five years, having completed engineering upgrades over the summer and commissioning over early autumn. The re-opening comes as the price of gas in Europe plunged,…

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News

Wales plans state-owned energy developer that will invest profits in energy efficiency

by New Power • October 25, 2022

The Welsh government has announced plans to set up a state-owned energy developer. The new company will help Wales deliver its aim of hosting more than 1GW of locally-owned generation by 2030. Initially it will focus on rolling out wind…

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News

Change at No 10: the industry’s messages for Rishi Sunak

by New Power • October 24, 2022

Dan McGrail, Chief Executive, RenewableUK: “Cutting people’s energy bills and boosting energy security will be high on the new prime minister’s agenda, so we’re keen to work with Mr Sunak to achieve this as fast as possible. “This means pulling…

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News

Brigg gas engines could see up to 3% hydrogen feed next year

by New Power • October 24, 2022

Centrica Business Solutions has increased its stake in HiiROC to 5% and said the two companies are preparing to work together to inject hydrogen into Centrica’s existing 49MW gas engine array at Brigg, Lincolnshire. HiiROC produces hydrogen via an electrolysis…

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News

Welsh Affairs Committee warns over lack of government action on power grid

by New Power • October 24, 2022

The Welsh Affairs Committee will be holding an evidence session on 26 October exploring floating offshore wind in the Celtic Sea. The Committee will be assessing the potential benefits for Wales and evaluate what is being done to accelerate its…

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News

Entso-e: Irish system could fall short of supply before the end of the year

by New Power • October 24, 2022

Entso-e, the grouping for transmission network operators (TSOs) across Europe, has released an initial report into system adequacy for the winter which highlights the importance of meeting the EU’s new energy efficiency requirements. It says the loss of load expectation…

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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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