London capacitor energy storage

Will a new cap-and-floor scheme support long duration energy storage?

Flow batteries, compressed air, and liquid air likely to progress in second round, says regulator. Details of a new cap-and-floor scheme to support long duration energy storage (LDES) in the United Kingdom have been revealed, including significant decisions on eligibility criteria.

What is long-duration energy storage?

Long-duration energy storage technologies store excess power for long periods to even out the supply. In March 2024, the House of Lords Science and Technology Committee said increasing the UK’s long-duration energy storage capacity would support the UK’s net zero plans and energy security.

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

Long duration energy storage (LDES) support scheme will have eight-hour minimum. First application round opens to well-established technologies, such as lithium-ion battery technology, with at least 100 MW capacity in April 2025. Flow batteries, compressed air, and liquid air likely to progress in second round, says regulator.

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.

Will 20GW of LDEs save the energy system £24 billion?

But the National Energy System Operator (NESO) has estimated that we need up to 15.3GW of LDES by 2050 to meet our net zero target. Deploying 20GW of LDES could save the electricity system £24 billion between 2025 and 2050, reducing household energy bills.

When will long-duration energy storage be debated?

In March 2024 the House of Lords Science and Technology Committee published a report on energy storage: ‘ Long-duration energy storage: Get on with it ’. The report will be debated in the House of Lords on 9 January 2025. 1. What is long-duration energy storage?