"New flamenco" isn't so much a revival of flamenco tradition as it is a melding of flamenco guitar with new age musical sensibilities. That means that while it's still passionate and rhythmic, new flamenco is also a bit more polished and controlled, especially in terms of production. Its primary audience overlaps with contemporary instrumental and adult alternative listeners.
Guitar Greats: The Best of New Flamenco is an excellent introduction to the style, featuring many of its biggest names:
Ottmar Liebert,
Strunz & Farah,
Jesse Cook,
Govi,
Young & Rollins,
Lara & Reyes, and more. Some of the artists incorporate non-flamenco ethnic music into their compositions, while others lend a more meditative air to their still-emotional playing. Eclectic adult listeners may discover a new favorite style here.