British commercial energy storage system investment

What is the UK's energy storage Investment Support Scheme?

Credit: David Pimborough / Shutterstock. The government of the UK has launched a new investment support scheme aimed at bolstering the country’s energy storage infrastructure. The initiative aims to encourage the development of long-duration energy storage (LDES) facilities, which have not seen significant investment in nearly four decades.

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.

How many pumped storage hydro schemes are there in Great Britain?

Great Britain currently has 2.8GW of LDES capacity across four pumped storage hydro schemes in Scotland and Wales. Other technologies, such as liquid air energy storage, compressed air energy storage and flow batteries, could also benefit from the scheme.

Is BW ESS a good investment?

It has more than 500MWh of operating BESS projects, with over 1GWh under construction and a development pipeline of about 7GW. As an active investor with development exposure, BW ESS has a strategy to hold assets for the long-term, taking a hands-on approach to unlock value throughout the energy storage asset lifecycle.

Is BW ESS energising its 100MW / 331mwh battery storage system?

100MW / 331MWh battery storage system is now operational, forming a key part of BW ESS’ UK investment programme. London, 18th February 2025 — BW ESS has announced the energisation of its innovative 100MW / 331MWh battery energy storage system (BESS) near Bramley, Hampshire.

Could LDEs save the energy system £24bn?

Other technologies, such as liquid air energy storage, compressed air energy storage and flow batteries, could also benefit from the scheme. Studies suggest that deploying 20GW of LDES could save the electricity system £24bn between 2025 and 2050, potentially reducing household energy bills as reliance on costly natural gas decreases.