StoryRegulatory

Highview's Hunterston and Killingholme projects approved for UK cap-and-floor scheme

Highview Power

Ofgem deemed Highview's 3.2 GWh projects at Hunterston, Scotland and Killingholme, Lincolnshire eligible for the UK government's cap-and-floor scheme for long-duration energy storage. Final approvals expected in Q2 2026.

  • Two projects (3.2 GWh each) eligible for cap-and-floor revenue support.
  • Total pipeline exceeds 7 GWh including Carrington.
  • Final Ofgem decision expected Q2 2026 on cost-benefit and consumer protection.
  • Cap-and-floor guarantees minimum revenue while protecting consumers.
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