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LDES, Co-location and the International Question

Final decision on the first LDES cap-and-floor shortlist is expected Summer 2026. Co-location remains commercially constrained in the GB market, and a growing number of developers and investors are allocating capital to Germany, Spain, Ireland, and Australia. Does the UK still offers a sufficiently compelling risk-return profile?

ESG and the Liability Nobody Has Priced

How is recycling cost allocation being handled in LTSAs today, what green metals traceability requirements mean for procurement in 2026, and are the industry’s ESG commitments bankable?