UK energy storage project subsidies

Five projects based across the UK will benefit from a share of over £32 million in the second phase of the Longer Duration Energy Storage (LODES) competition, to develop technologies that can store energy as heat, electricity or as a low-carbon energy carrier like hydrogen. [pdf]

FAQS about UK energy storage project subsidies

What is the UK's energy storage Investment Support Scheme?

Credit: David Pimborough / Shutterstock. The government of the UK has launched a new investment support scheme aimed at bolstering the country’s energy storage infrastructure. The initiative aims to encourage the development of long-duration energy storage (LDES) facilities, which have not seen significant investment in nearly four decades.

What is the long duration energy storage Investment Support Scheme?

Long Duration Electricity Storage investment support scheme will boost investor confidence and unlock billions in funding for vital projects. The UK is a step closer to energy independence as the government launches a new scheme to help build energy storage infrastructure.

Could a new energy storage scheme help the UK achieve energy independence?

The UK is a step closer to energy independence as the government launches a new scheme to help build energy storage infrastructure. This could see the first significant long duration electricity storage (LDES) facilities in nearly 4 decades, helping to create back up renewable power and bolster the UK’s energy security.

Can energy storage improve the resilience of the UK's electricity grid?

Over £32 million government funding has been awarded to UK projects developing cutting-edge innovative energy storage technologies that can help increase the resilience of the UK’s electricity grid while also maximising value for money. Courtesy of NREL.

Which energy storage projects are receiving funding today?

The energy storage projects receiving funding today include: StorTera Ltd, based in Edinburgh, will receive £5.02 million to build a prototype demonstrator of their sustainable, efficient, and highly energy dense single liquid flow battery (SLIQ) technology.

Could long duration electricity storage be the UK's first energy storage facility?

This could see the first significant long duration electricity storage (LDES) facilities in nearly 4 decades, helping to create back up renewable power and bolster the UK’s energy security. These technologies work like giant batteries by storing renewable energy and releasing it onto the grid and into homes when needed.

Saint Lucia Centralized Chemical Energy Storage Project

Backed by St Lucia Electricity Services (LUCELEC), the initiative will be developed on a 70-acre site on the island’s southwest coast. Once complete, the system will connect to LUCELEC’s 66 kV transmission grid, reinforcing local grid stability while increasing renewable energy penetration. [pdf]

FAQS about Saint Lucia Centralized Chemical Energy Storage Project

What is the future of electricity in Saint Lucia?

At the same time, recent developments in energy efficiency, renewable energy, cleaner-burning fuels (e.g., natural gas), electricity storage, and advanced controls and metering present a myriad of opportunities. Saint Lucia’s current electricity system is well managed, reliable, and equitable.

What is Saint Lucia's energy transition opportunity?

RESULTS Saint Lucia’s energy transition opportunity provides a win-win situation in which the Government of Saint Lucia supports constituents through cheaper electricity, and LUCELEC continues to profit and provide reliable service.

Is Saint Lucia's Electricity System reliable?

Saint Lucia’s current electricity system is well managed, reliable, and equitable. This can be primarily attributed to the fact that LUCELEC is a responsible and financially sound utility.

Norway invests in wind power energy storage project

Å Energi has acquired a majority stake in the Isokangas energy storage project near Oulu. The 50 megawatt/1hour energy storage facility to be completed in 2026 is a significant milestone in strengthening the flexibility of the Nordic electricity grid and the security of energy supply. 04. June 2025 [pdf]

FAQS about Norway invests in wind power energy storage project

How much will Norway invest in wind power in 2024?

In January 2024 Europe's largest provider of renewable energy, a Norwegian state owned energy company, announced that they will invest up to EUR1 billion in wind power in Norway over the next decade. 1 That includes both the upgrading of existing wind farms and development of new onshore and offshore wind farms.

Why is Norway a good country for wind energy?

The country's geographical features, including its windy coastline and vast mountainous regions, offer favorable conditions for wind energy production. Norway has been actively investing in renewable energy projects, aiming to mitigate climate change.

Does Norway have wind power?

Norway boasts significant potential for wind power generation, particularly within its expansive onshore territories. The country's geographical features, including its windy coastline and vast mountainous regions, offer favorable conditions for wind energy production.

What is the Norwegian Wind power market?

Below is an overview of the Norwegian wind power market and a selection of topics relevant to those engaged in contracts within the industry. Norway boasts significant potential for wind power generation, particularly within its expansive onshore territories.

Why is Norway a good partner for offshore wind?

Norway has competitive and natural advantages in offshore wind, particularly floating wind, and is an attractive partner in large-scale projects. Click to read articles, discover solution providers and find events where you can meet Norwegian companies.

How many wind farms are there in Norway?

This commitment has led to the establishment of numerous wind farms across the country, contributing to the growth of the industry. According to figures from NVE (Norway’s Water and Electricity Authority), there were 1,392 wind turbines in operation at the start of 2023, spread across 65 windfarms.