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New scheme to attract investment in renewable

Government will unlock investment opportunities in vital renewable energy storage technologies to strengthen energy

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UK faces bottomless pit of carbon capture and storage subsidies

Key Takeaways: The UK has earmarked more than £50 billion of subsidies to support carbon capture and storage (CCS) projects that together only account for 8% of the

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Ofgem super-charging clean power storage for first time in 40 years

A new era for renewable power and energy security begins today (Tuesday 8 April) as Ofgem launches a new cap and floor investment support scheme, unlocking billions in

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Energy Storage Station Subsidy Policy: Your 2025 Guide to

With global battery storage capacity expected to hit 1.3 TWh by 2030, governments are rolling out subsidies like confetti at a parade – but only if you know where to

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UK''s first long-duration energy storage subsidy scheme opens for

Regulator Ofgem has opened the inaugural application window for the subsidy scheme. The first window will aim to secure between 2.7GW and 7.7GW of capacity by 2035,

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New scheme to attract investment in renewable energy storage

Government will unlock investment opportunities in vital renewable energy storage technologies to strengthen energy independence, create jobs and help make Britain a clean

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Uk energy storage subsidy policy

This policy briefing explores the need for energy storage to underpin renewable energy generation in Great Britain. It assesses various energy storage technologies.

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UK faces bottomless pit of carbon capture and

Key Takeaways: The UK has earmarked more than £50 billion of subsidies to support carbon capture and storage (CCS) projects that

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Energy Storage Legislation Updates in the

Discover the evolving policies and regulations of the European Union and United Kingdom, with both issuing landmark legislation in the

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UK spending review 2025: Key climate and energy

UK chancellor Rachel Reeves has unveiled the first spending review under the current Labour government, announcing funding for

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UK spending review 2025: Key climate and energy announcements

UK chancellor Rachel Reeves has unveiled the first spending review under the current Labour government, announcing funding for nuclear power, energy efficiency and

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Great British Energy Act 2025: factsheet

The Act gives the Secretary of State the ability to provide financial assistance to Great British Energy, enabling Great British Energy

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Great British Energy Act 2025: factsheet

The Act gives the Secretary of State the ability to provide financial assistance to Great British Energy, enabling Great British Energy to start delivering benefits for the whole of

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Long-duration energy storage: House of Lords Committee report

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

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Energy Storage Legislation Updates in the European Union and

Discover the evolving policies and regulations of the European Union and United Kingdom, with both issuing landmark legislation in the energy storage.

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Long-duration energy storage: House of Lords

In March 2024, the House of Lords Science and Technology Committee said increasing the UK''s long-duration energy storage

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UK''s first long-duration energy storage subsidy

Regulator Ofgem has opened the inaugural application window for the subsidy scheme. The first window will aim to secure between

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FAQs about British Energy Storage Cabinet Subsidy Policy

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.

What is the Great British Energy SSP?

This will be laid before Parliament. The SSP will outline Great British Energy's mission: to drive clean power deployment to boost energy independence, create jobs, and ensure UK taxpayers, billpayers, and communities reap the benefits of clean, secure, homegrown energy.

What is the European Commission doing about energy storage?

The European Commission in 2020 published a study on energy storage, which summarized some previous studies and reports, explored current and potential energy storage markets in Europe, and set out policy and regulatory recommendations for energy storage.

Is the £50 billion CCS subsidy a tip of the iceberg?

"Given the technical immaturity of CCS and its track record of cost overruns, this £50 billion subsidy amount is likely the tip of the iceberg," said Andrew Reid, an IEEFA energy finance analyst and author of the report. "The government has failed to assess the full financial impact of CCS support on taxpayers.

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