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Earba PSH Project Awarded Provisional LDES Cap and Floor Contract

The Earba Pumped Storage Hydro (PSH) project has reached another major milestone after securing a provisional Long Duration Electricity Storage (LDES) Cap and Floor contract from Ofgem under the UK Government’s new support mechanism for large-scale energy storage projects. The publication of Ofgem’s ‘Minded-To’ List identifies LDES projects considered economically viable, deliverable and value for money. Earba’s inclusion highlights its strategic importance in strengthening UK energy security…

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