What its position is on whether the current regulatory and planning frameworks for long-duration energy storage are sufficient.

Large-scale, long-duration energy storage, such as pumped hydro storage, will play a critical role in lessening our dependence on fossil fuels for electricity generation, supporting our net zero ambitions.It will help to maximise our significant renewable energy generating capacity by providing flexibility to the grid ensuring there is a continuous resilient and secure supply of electricity to households and businesses.Whilst the UK Government's proposals for a cap and floor mechanism for long duration electricity storage are welcome, it is vital they continue to engage with industry to ensure the finer details of this mechanism can maximise the generation and economic potential pumped hydro storage.