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