UK energy regulator Ofgem is set to design and deliver the first round of a cap-and-floor support scheme for long-duration energy storage (LDES) including changes made after a consultation period at the beginning of this year.
Neil Gray MSP, the Scottish Government’s cabinet secretary for energy, has called on the UK Government to provide developers with "certainty" for new pumped storage hydro (PSH) plants.
The UK Government has awarded £19 million to 37 British entrepreneurs developing new green technologies during the Energy Entrepreneurs Fund’s (EEF) Phase Nine funding round.
The Department for Business, Energy and Industrial Strategy (BEIS) has provided over £32 million to five energy storage projects across the nation to support the development of new technologies such as thermal batteries and liquid flow batteries.