SSE says Coire Glas makes Ofgem shortlist for UK long-duration storage support

SSE announced that its Coire Glas project has been shortlisted by Ofgem for cap-and-floor support under the UK's long-duration storage scheme. The company is currently reviewing the assessment outcome and plans to engage with Ofgem to resolve detailed issues required for project progression. SSE emphasized that any final investment decision will depend on maintaining capital discipline and ensuring returns meet specific internal thresholds.

SSE flagged Ofgem’s move to name Coire Glas on its ‘minded-to-decision’ list for cap-and-floor support for long-duration storage projects. * Assessment outcome under review; engagement with Ofgem planned to resolve multiple detailed issues needed for the project to move forward. * Any final investment decision to proceed will hinge on capital discipline, with returns required to meet SSE thresholds. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SSE plc published the original content used to generate this news brief on June 26, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here