cap and floor

June 10, 2025
Battery energy storage system (BESS) developer Root-Power has announced that it has submitted plans for four energy storage projects into Ofgem’s long-duration energy storage (LDES) tender.
May 21, 2025
First Hydro Company (FHC), a joint venture (JV) 75%-owned by ENGIE, is preparing major refurbishments at the 1,728MW Dinorwig pumped hydro energy storage (PHES) facility.
May 7, 2025
In this contributed blog, Sam Langston, power markets manager at Pulse Clean Energy explores the LDES cap and floor scheme’s potential impact on BESS investment.
May 2, 2025
Speaking to Energy-Storage.news, founder and director of Zenobē, James Basden, explains why the company takes issue with the long-duration energy storage (LDES) support scheme.
May 1, 2025
Generator Drax has announced that it will not bid its Cruachan II pumped hydro energy storage (PHES) project into the long duration energy storage (LDES) support mechanism.
April 9, 2025
The UK’s energy regulator Ofgem has launched a new cap and floor investment support scheme in an effort to unlock billions in funding for new Long Duration Energy Storage (LDES) projects.

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