EnergyPathways to Lead UK's Hydrogen Storage Development
Key Ideas
- EnergyPathways plc is collaborating with the UK government on the Hydrogen Storage Business Model Design Group to shape the investment support scheme for hydrogen storage projects.
- The UK aims to have up to 10 GW of low carbon hydrogen production capacity by 2030, necessitating significant hydrogen storage and transport infrastructure development.
- The MESH project by EnergyPathways plans to expand its natural gas and green hydrogen storage facility off the Lancashire coast, contributing to economic growth in the North West of England.
- MESH project is strategically located to connect with renewable energy sources, emerging hydrogen markets, and contribute to decarbonizing the UK's gas supply through hydrogen blending by repurposing existing infrastructure.
EnergyPathways plc, an energy transition company in the UK, has been invited by the Department of Energy Security and Net Zero (DESNZ) to participate in the Hydrogen Storage Business Model Design Group. This collaboration aims to define a new investment support scheme to promote hydrogen storage projects, crucial for achieving the UK's goal of 10 GW of low carbon hydrogen production capacity by 2030. The first Hydrogen Storage Allocation Round is expected in 2025, focusing on scalable geological storage for green hydrogen. EnergyPathways plans to submit an application for its MESH project, set to expand its natural gas and green hydrogen storage facility off the Lancashire coast, positioning it as a key player in the hydrogen sector. The MESH project is strategically located to connect with wind power sources, hydrogen markets, and decarbonize the UK's gas supply through hydrogen blending. The company aims to lead in developing hydrogen storage infrastructure, contributing to economic benefits in the North West of England.
Topics
Projects
Renewable Energy
Infrastructure
Energy Transition
Green Technology
Energy Storage
Economic Development
Energy Sector
Government Collaboration
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