Article
CMP470 Proposes Introducing An Oversubscribed Technologies Commitment Fee: What BESS Developers Need To Know
CMP470 proposes a new Oversubscribed Technologies Commitment Fee mechanism to address the significant oversupply of Battery Energy Storage System projects in Great Britain's electricity grid connection queue. The modification introduces escalating security requirements and cancellation charges designed to encourage less viable projects to exit the queue earlier, potentially reshaping the landscape for energy storage developers seeking grid connections.
Gowling WLG