London s new energy storage requirements

4 FAQs about London s new energy storage requirements

What is the long duration electricity storage (LDEs) cap and floor scheme?

PDF, 3.93 MB, 60 pages In October 2024, the government decided to introduce a Long Duration Electricity Storage (LDES) cap and floor scheme that will be delivered by Ofgem. The cap and floor scheme was strongly supported through consultation responses and builds on the approach already used to successfully deliver more electricity interconnection.

What is long duration energy storage (LDEs) support scheme?

Long duration energy storage (LDES) support scheme will have eight-hour minimum discharge. Stream 1 applications will open to well-established technologies, such as lithium-ion battery technology, with at least 100 MW capacity, with stream 2 technologies including flow batteries, compressed air, and liquid air.

What is long duration electricity storage (LDEs)?

Long Duration Electricity Storage (LDES) facilities provide vital back-up for the renewable power system – working like giant batteries that store electricity created by wind and solar farms, then release it to the grid when needed. LDES includes different ways to store electricity for a long time.

How much LDEs storage will be needed by 2030?

It estimated that 4–6GW of LDES storage would be needed by 2030. As well as the cap and floor scheme, the government said it would engage with projects at advanced stages of technological readiness to explore financing options.

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