Ofgem is today (Tuesday 23 September) confirming the 77 projects entering the final assessment stage of a government-driven 'super battery' support scheme designed secure investment, promote growth and stop green energy going to waste.
Long Duration Electricity Storage (LDES) will play a key role in
Supporting a Government growth pledge to build major new LDES projects for the first time in 40 years, Ofgem launched a new cap and floor support scheme in April to unlock billions in investment and boost
An initial group of 171 projects applied to the scheme and today the regulator is confirming that 77 applications are eligible to progress to the second phase of the process. These projects include a variety of storage methods such as Li-Ion batteries, flow batteries and pumped hydro storage, which releases water stored at height to turn turbines, creating electricity to power millions of homes across the country.
For more information please access the press release published on Ofgem's website.
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