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"Cap and floor" for long duration storage
Posted: Wed Mar 12, 2025 9:39 am
by dan_b
Not sure what this means but apparently this is good?
https://renews.biz/99332/ofgem-sets-out ... -for-ldes/
Re: "Cap and floor" for long duration storage
Posted: Wed Mar 12, 2025 10:34 am
by Moxi
Yes it gives surety to developers that they will get a minimum return that could be better up to a cap. This will increase confidence for new projects in this important area of grid support. Maybe a few possible schemes in North Nales that could benefit from this news
Moxi