In March 2024, the House of Lords Science and Technology Committee said increasing the UK's long-duration energy storage capacity would support the UK's net zero plans and energy security. . 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. AG's Energy team looks at the detail. . This was published under the 2022 to 2024 Sunak Conservative government Over £32 milliongovernment 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. .
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