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Ofgem picks 16 long-duration electricity storage projects for possible support

By Josh White

Date: Friday 26 Jun 2026

(Sharecast News) - Ofgem said on Friday that 16 long-duration electricity storage projects had been provisionally selected for support under its cap and floor scheme, marking the next stage in efforts to unlock investment in large-scale storage across Great Britain.
The projects span pumped storage hydro, compressed air energy storage, lithium-ion...

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