cap-and-floor

Battery energy storage system developers have written an open letter arguing Ofgem’s long-duration energy storage support scheme introduces biases against BESS.

The UK government will publish its flexibility road map later this year, setting a precedent for the rollout of long-duration energy storage (LDES).

The government has published its Technical Decision Document confirming the crucial aspects of the long duration electricity storage (LDES) cap-and-floor scheme, with an increase in minimum duration among the main updates.

Government has launched its consultation on its proposals for kickstarting investment into long-duration energy storage (LDES), which includes a cap-and-floor mechanism and excluding lithium-ion from being eligible.