Ofgem Proposes New 'Commitment Fee' for Battery Developers to Tackle Grid Queue
Ofgem has launched a consultation on plans to introduce an 'oversubscribed technologies commitment fee' (OTCF) for battery energy storage system developers. The proposed fee, potentially reaching £25 million per gigawatt, aims to curb the influx of speculative grid applications and ensure genuine projects secure crucial grid capacity for the UK's energy transition.