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ARTICLE · 24 JANUARY 2025

Incentivising Long Duration Electricity Storage – Ofgem's Call For Input

Following the Department for Energy Security and Net Zero's (DESNZ) October 2024 announcement on a proposed cap and floor regime for Long Duration Electricity Storage (LDES)...

GlobalEnergy and Natural Resources

Following the Department for Energy Security and Net Zero's (DESNZ) October 2024 announcement on a proposed cap and floor regime for Long Duration Electricity Storage (LDES), Ofgem published its 'call for input' on the LDES Cap and Floor Regime on 18 December 2024 (Call for Input).

In our previous briefing on the October 2024 publication, which was referenced in the recent House of Lords Committee Report on the proposed LDES scheme, we highlighted the need for more detailed information about the design and operation of the proposed LDES cap and floor regime. The Call for Input offers some clarity on Ofgem's current thinking on specific aspects of the regime's design and invited feedback from stakeholders.

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