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long-duration energy storage LDES cap and floor UK

UK confirms cap-and-floor mechanism for long-duration energy storage from 2025

October 10, 2024
The UK has confirmed a new scheme aiming to stimulate investment in the country’s long-duration energy storage (LDES) sector.
Rendering of Quinbrook Infrastructure Partners' Supernode project. Image: Quinbrook Infrastructure Partners

Australia: Stanwell wants 4GWh pumped hydro project, negotiating ‘Supernode’ deal

October 7, 2024
Queensland’s Stanwell Corporation seeks to add 5GWh of energy storage to its resource mix through two new deals.
MEIL signs an MoU with Maharashtra Govt to develop 4000 MW Capacity 2 Pumped Storage Projects

Major pumped hydro energy storage project agreements in India, Spain

September 27, 2024
India and Spain both saw major developments in their respective pumped hydro energy storage (PHES) sectors yesterday (26 September).
One of five hydropower sites HSE operates through subsidiary Soška Elektrarne Nova Gorica. Image: HSE.

Slovenia’s HSE to deploy 590MW PHES and 150MW BESS by 2035

September 3, 2024
State-owned utility and power generator HSE is targeting 800MW of flexibility assets across Slovenia by 2035, including pumped hydro energy storage (PHES) and battery energy storage systems (BESS).
Inside the pumped hydro energy storage plant (PHES). Image: China Energy News.

China: Largest pumped hydro energy storage plant in the world fully operational

August 13, 2024
The 12th and final turbine unit of a pumped hydro energy storage (PHES) plant in Hebei, China, has been put into full operation, making it the largest operational system in the world.
Genex Power's Bouldercombe BESS project (pictured) suffered a 'minor' fire during commissioning but has since come online. Image: Genex Power.

J-Power completes takeover of Australia’s Genex Power

August 1, 2024
Japanese power company J-Power has completed its takeover of Australian renewable energy and energy storage developer Genex Power in a deal worth AUS$351 million (US$229 million).
The project could be amongst the largest PHES sites in the UK. Image: SSE Renewables.

SSE Renewables plans 18GW/37GWh pumped hydro energy storage project in Scotland, UK

July 24, 2024
SSE Renewables has revealed plans to progress a 1.8GW pumped hydro project at Loch Fearna, Scotland, UK.
Layout plan for the Recurrent-Windel Harker BESS site in Cumbria, North East England. Image: Recurrent Energy.

ROUNDUP: UK BESS and pumped hydro projects in planning and progress

July 19, 2024
Rounding up a busy week’s worth of energy storage activity from the UK market, as reported by our colleagues at Solar Power Portal.
long-duration energy storage LDES cap and floor UK

Pumped hydro energy storage projects in New South Wales, Australia, granted ‘critical’ status

July 4, 2024
The New South Wales government has deemed three pumped hydro energy storage (PHES) sites as “critical” given their importance to the economy.
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Developers SENS and Callio working on hybrid BESS, pumped hydro and PV project in Finland

May 22, 2024
Developers SENS and Callio have revealed a hybrid project in Finland which could combine a battery energy storage system (BESS), pumped hydro energy storage and solar PV technology.

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