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A comment on In Europe, Wind and Solar Overtake Fossil Fuels. Parent comment

Re:In Europe, Wind and Solar Overtake Fossil Fuels by kieranmaine on Thursday January 22, 2026 @03:20PM (#46724643)
Regarding long term storage keep an eye on the UK's Cap and Floor scheme which offers guaranteed revenues to long term storage technologies [1].

Page 7 of https://www.ofgem.gov.uk/sites/default/files/2025-09/LDES%20... lists the technology types of the project applications. The majority are Li-Ion BESS, but there are also other battery chemistries and Liquid/Compress Air Storage

1. https://www.ofgem.gov.uk/press-release/super-battery-project...

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Re:In Europe, Wind and Solar Overtake Fossil Fuels by TheSpiceIsLife on Thursday January 22, 2026 @10:35PM (#46728093)
> offers guaranteed revenues

Government picking winners?

When did that ever work out well?

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Re:In Europe, Wind and Solar Overtake Fossil Fuels by lambdaone on Friday January 23, 2026 @03:43AM (#46730073)
Airbus.
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Re:In Europe, Wind and Solar Overtake Fossil Fuels by kieranmaine on Friday January 23, 2026 @11:04AM (#46734110)
I think in this case it's because LDES can't compete in the UK energy market, but it's a capability that needs to be developed, so this scheme address that by providing a guaranteed revenue.

The floor is a minimum revenue guarantee, to protect investors at times when the wholesale price is low and the cap is a maximum revenue limit to protect consumers when the wholesasle price is high.

It seems like these limits haven't been set yet, so I don't know what the potential impacts on energy prices will be.

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