EMEA > UK rolls out ‘cap and floor’ scheme to draw investment in long-duration energy storage

UK rolls out ‘cap and floor’ scheme to draw investment in long-duration energy storage

Published 14:20 on October 10, 2024  /  Last updated at 14:20 on October 10, 2024  / /  EMEA

The UK government announced on Thursday a new “cap and floor” scheme to incentivise billions in private investment in long-duration energy storage (LDES) technologies to support renewable power integration and boost energy security.
The UK government announced on Thursday a new “cap and floor” scheme to incentivise billions in private investment in long-duration energy storage (LDES) technologies to support renewable power integration and boost energy security.


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