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flag UK invests in large-scale energy storage projects, like pumped hydropower, to boost renewable energy storage.

flag The UK plans to invest in "super-batteries" to enhance renewable energy storage, aiming for net-zero emissions by 2050. flag Ofgem is introducing a funding scheme to make large-scale energy storage projects, like pumped storage hydropower, more attractive. flag These projects store energy by pumping water uphill and releasing it to generate power. flag Despite four existing sites, no new ones have been built in 40 years due to high costs. flag The new cap-and-floor financing scheme aims to attract investment, with the first projects expected to be approved in early 2026.

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