Set a target for 25GW of long-duration energy storage by 2035

• Action 23

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  Set an Energy Systems Operator backed target for 25GWs of long duration energy storage by 2035.

• Action 24

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  Publish a new National Policy Statement for non-battery long duration energy storage technologies to enable the delivery of the 2035 target. As a range of long duration energy storage technologies are subject to geographical constraints the National Policy Statement should designate a range of sites such as salt caverns as appropriate.

• Action 25

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  Reform the energy market for long duration energy storage technologies to de-risk investments in nascent technologies through longer balancing contracts, a level playing field with gas peakers, and contracts that reward the wider benefits of storage beyond spot prices such as meeting thermal constraints.