New scheme to attract investment in renewable energy storage
Long Duration Electricity Storage investment support scheme will boost investor confidence and unlock billions in funding for vital projects. The UK is a step closer to energy
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Could a new energy storage scheme help the UK achieve energy independence?
The UK is a step closer to energy independence as the government launches a new scheme to help build energy storage infrastructure. This could see the first significant long duration electricity storage (LDES) facilities in nearly 4 decades, helping to create back up renewable power and bolster the UK's energy security.
What is the long duration energy storage Investment Support Scheme?
Long Duration Electricity Storage investment support scheme will boost investor confidence and unlock billions in funding for vital projects. The UK is a step closer to energy independence as the government launches a new scheme to help build energy storage infrastructure.
Could long duration electricity storage be the UK's first energy storage facility?
This could see the first significant long duration electricity storage (LDES) facilities in nearly 4 decades, helping to create back up renewable power and bolster the UK's energy security. These technologies work like giant batteries by storing renewable energy and releasing it onto the grid and into homes when needed.
What is a modular battery storage system (BESS)?
Deploy quickly and scale easily: Modular, containerised systems can be installed fast and adapted to changing power demands. What is a battery storage system (BESS)? Battery storage systems are designed to capture energy from various sources (like the grid, generators or renewables) and store it for later use.