Global Trade Alert
Global Trade Alert

United Kingdom: UKIB provides funding to support a long-duration energy storage facility

Announcement

13 Jun 2024

In June 2024, UKIB announced funding to support the construction of a long-duration energy storage facility.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Jun 2024

Revocation date:

No revocation date

Updated: 13 Jun 2024
State aid, unspecified In force

On 13 June 2024, the UK Infrastructure Bank (UKIB) announced providing GBP 165 million (USD 210.9 million) to Highview Power to support the construction of a commercial-scale liquid air energy stor...

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