Labour confirms revenue support scheme for long duration energy storage projects

Cecilia Keating
clock • 3 min read
Drax's Cruachan pumped storage site | Credit: Drax
Image:

Drax's Cruachan pumped storage site | Credit: Drax

Cap and floor scheme designed to turbocharge investment in capital intensive energy storage projects that are critical to Labour's 2030 clean power mission

The government has confirmed plans for a new revenue support scheme for long duration energy storage projects in the UK, in a bid to accelerate the roll-out of projects that can help balance supply and...

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