LDES cap-and-floor support shortlist announced, Ofgem says ‘appropriate mix’ of technologies
The UK energy regulator has shortlisted 16 projects for the LDES support scheme, the first of its kind, which range from 8- to 22-hour durations.
The UK energy regulator has shortlisted 16 projects for the LDES support scheme, the first of its kind, which range from 8- to 22-hour durations.
The Wallace project has already secured planning consent, a land option and allocated Gate 2 status under the UK grid connection reform process.
The investment will support Pathfinder Clean Energy’s (PACE) transition into an owner and operator of clean infrastructure and help finance the construction of a 400MW solar PV and 200MW BESS portfolio.
Schroders Greencoat funds have acquired the BESS, while Renewable Connections has planning consent for a solar plant in Nottinghamshire.
Investments in energy storage come from India’s Atri Energy Transition and French investor InfraVia Capital Partners.
Pulse Clean Energy’s Trevor Willis will speak at the Clean Power 2030 Summit, incorporating the UK Solar Summit 2026, in London at the end of this month.
According to the announcement, 58% of transmission and distribution-level energy projects have been issued connection offers.
Looking to the potential for AR8, Solar Media Market Research data shows there is slightly less capacity eligible to bid in than for AR7.
This is the IPP’s first UK project to reach financial close, with construction expected to begin this month. Commercial operations are forecast to begin in the second quarter of 2027.
The UK government has launched a call for evidence to gather views on how to enable shared battery storage to be rolled out across the UK.