Log inSign up
2 hours ago

Ofgem minded-to award 7.6GW of long duration energy storage cap-and-floor contracts

Written by:

Ofgem minded-to award 7.6GW of long duration energy storage cap-and-floor contracts

​Ofgem has published its minded-to decision for Great Britain's first Long Duration Electricity Storage (LDES) Cap and Floor scheme. In this initial LDES round, known as Window 1, from 73 eligible projects, Ofgem is minded-to award contracts to 16, totalling 7.6 GW and 136.9 GWh.

Continue reading

Ofgem minded-to award 7.6GW of long duration energy storage cap-and-floor contracts

Sign up for free to read the full article

Ko - the AI analyst for energy professionals

Regulated benchmarks

Bankable forecasts

Sign up for free

Trusted by 25,000+ energy professionals • Already a subscriber? Log in

Modo Energy (Benchmarking) Ltd. is registered in England and Wales and is authorised and regulated by the Financial Conduct Authority (Firm number 1042606) under Article 34 of the Regulation (EU) 2016/1011/EU) – Benchmarks Regulation (UK BMR).

Copyright© 2026 Modo Energy. All rights reserved