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vital renewable energy storage technologiesGOV.UK
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73% Informative
Government will unlock investment opportunities in vital renewable energy storage technologies to strengthen energy independence, create jobs and help make Britain a clean energy superpower.
New scheme will remove barriers which have prevented the building of new storage capacity for nearly 40 years , helping to create back up renewable energy.
High upfront costs despite low operating costs have held back investment in this critical infrastructure.
A cap and floor scheme provides revenue support to developers should their gross annual margin (the difference between the revenues from selling electricity back to the grid, and the cost of charging) fall below a set threshold known as the floor’ Floor levels are set low to minimise the likelihood of their use, while still providing comfort to investors that operators can meet debt payments.
VR Score
79
Informative language
83
Neutral language
40
Article tone
semi-formal
Language
English
Language complexity
68
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
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