Highview Power projects advance under UK cap and floor

Highview Power announces two energy storage projects have been accepted for 'cap and floor' scheme - Energy Sustainability Solutions

Highview Power, a leading provider of long-duration energy storage (LDES) technology, has announced that two 3.2GWh power plants, planned for development in the UK by 2030, have been accepted by Ofgem as ‘projects eligible’ to receive support under the government’s ‘cap and floor’ scheme for energy storage. This is a significant step forward for Highview Power’s multi-billion pound LDES programme, indicating that the two projects meet the minimu…

Highview Power projects advance under UK cap and floor

Highview Power has secured Ofgem’s backing for two long-duration energy storage projects, with the regulator confirming their eligibility for support under the UK government’s cap and floor scheme. Together, the plants represent 6.4GWh of liquid air storage capacity, with delivery planned by 2030. The facilities — one at Hunterston in Scotland and another at Killingholme in Lincolnshire — will each store 3.2GWh using Highview’s liquid air energy…