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Ofgem minded-to award 7.6GW of long duration energy storage cap-and-floor contracts
Ofgem's minded-to decision for the first Long Duration Electricity Storage (LDES) cap and floor window backs 16 of 73 eligible projects, totalling 7.6 GW and 136.9 GWh. Three pumped hydro schemes hold 64% of the energy, the lithium-ion batteries average 13 hours, and North Scotland accounts for 79% of the window's energy capacity.
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