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Regarding long term storage keep an eye on the UK's Cap and Floor scheme which offers guaranteed revenues to long term storage technologies [1]. Page 7 of http
by kieranmaine 9mo ago
Regarding long term storage keep an eye on the UK's Cap and Floor scheme which offers guaranteed revenues to long term storage technologies [1].
Page 7 of https://www.ofgem.gov.uk/sites/default/files/2025-09/LDES%20Eligibility%20Assessment%20Outcome.pdf https://www.ofgem.gov.uk/sites/default/files/2025-09/LDES%20... lists the technology types of the project applications. The majority are Li-Ion BESS, but there are also other battery chemistries and Liquid/Compress Air Storage
1. https://www.ofgem.gov.uk/press-release/super-battery-projects-maximise-renewable-generated-power-enter-next-phase-ofgems-green-power-storage-scheme https://www.ofgem.gov.uk/press-release/super-battery-project...
- TheSpiceIsLife 9mo ago> offers guaranteed revenues Government picking winners? When did that ever work out well?
- lambdaone 9mo agoAirbus.
- kieranmaine 9mo agoI think in this case it's because LDES can't compete in the UK energy market, but it's a capability that needs to be developed, so this scheme address that by providing a guaranteed revenue. The floor is a minimum revenue guarantee, to protect investors at times when the wholesale price is low and the cap is a maximum revenue limit to protect consumers when the wholesasle price is high. It seems like these limits haven't been set yet, so I don't know what the potential impacts on energy prices will be.