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.
UK energy company Drax is to consider adding a 200MW battery storage project to its coal-fired power station in North Yorkshire in an effort to add value through greater flexibility and extend its operational lifetime.
