cap and floor

September 24, 2025
Just over 70% of the successful projects in the first window of the UK’s long-duration energy storage (LDES) scheme are using lithium-ion BESS technology.
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September 22, 2025
Projects supported by the UK government’s long-duration energy storage (LDES) cap-and-floor could significantly dampen price spreads but also affect non-LDES flexibility assets.
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July 22, 2025
ESN Premium grills Matt Harper of Invinity Energy Systems on the flow battery company’s new partnership with China’s UESNT.
May 1, 2025
UK power generation firm Drax will not bid its Cruachan II pumped hydro energy storage (PHES) project into the LDES cap and floor scheme, saying that costs have risen while ‘recoverability of capital’ is unclear.
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April 30, 2025
Leading BESS owner-operators in the UK have signalled their opposition to the government’s cap and floor support scheme for long-duration energy storage (LDES) in an open letter. We spoke to one its signatories James Basden, founder of Zenobē, about why.
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April 22, 2025
Envision Energy is preparing to reveal lithium-ion (Li-ion) battery energy storage system (BESS) technology for long-duration applications.
April 11, 2025
UK regulator Ofgem has launched a cap and floor investment support scheme to unlock funding for new Long Duration Electricity Storage (LDES).
March 17, 2025
The UK government has published a Technical Decision Document confirming crucial aspects of its long duration electricity storage (LDES) cap-and-floor scheme, which includes increasing the minimum duration required from six hours to eight.
March 4, 2025
The capabilities of lithium-ion battery storage in providing long-duration energy storage to global energy systems should not be overlooked, write Kotub Uddin and Sam Secher of Envision.
January 10, 2025
Ofgem, the UK’s energy market regulator, is considering raising the minimum duration of technologies eligible for a long-duration energy storage (LDES) support scheme.

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