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Why the UK’s Booming Capacity Storage Market Could Soon Go Bust

The UK's December capacity market T-4 auction took place at the center of a perfect storm for energy storage. Fifteen-year contracted revenue, the ability to stack value streams with enhanced frequency response contracts, and requirements for only 30 minutes of committed capacity, combined to drive a remarkable success for storage -- resulting in 500 megawatts of new-build energy storage clearing the auction.
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