Ofgem advanced 16 long-duration energy storage projects under a support scheme designed to strengthen Britain’s domestic power supply and lower system costs. The move is a positive regulatory step for grid reliability and the energy transition, though the article does not specify project sizes, funding amounts, or immediate market-moving implications.
Ofgem advanced 16 long-duration energy storage projects under a support scheme designed to strengthen Britain’s domestic power supply and lower system costs. The move is a positive regulatory step for grid reliability and the energy transition, though the article does not specify project sizes, funding amounts, or immediate market-moving implications.
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