News
12 March 2025

Ofgem sets out LDES cap and floor scheme

In:
Power
Region:
Europe

Ofgem and the UK’s Department for Energy Security and Net Zero (DESNZ) have released a joint technical document on a planned ‘cap and floor’ scheme for LDES projects .There have been no new Long duration energy storage (LDES) projects for four decades, due to barriers such as high...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
28 November 2025

Sizewell C: Adapting RAB to new nuclear

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package includes an...

Perspective
05 December 2025

Can Brazilian water keep delivering for private capital?

The liberalisation of Brazil’s water sector in 2020 has delivered on its promise of multi-sourced private investment. Will 2026 keep up the momentum?