Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 10 March 2021 to Question 161808, whether discussions for the next Smart Systems and Flexibility Plan considered the merits of a minimum electricity floor price for (a) pumped storage hydro and (b) other large scale storage schemes.
We will outline our next steps for addressing barriers to the deployment of large scale and long duration storage including pumped hydro storage in our new Smart Systems Plan, to be published in spring this year in partnership with Ofgem.