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EnergyPathways Seeks Licence for Major Gas Storage Expansion

Story Highlights
  • EnergyPathways applies for a Gas Storage Licence for its MESH project off Cumbria.
  • The MESH project aims to expand storage capacity and support UK’s clean energy goals by 2030.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EnergyPathways Seeks Licence for Major Gas Storage Expansion

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Dial Square Investments PLC ( (GB:EPP) ) has shared an update.

EnergyPathways PLC has submitted an application for a Gas Storage Licence for its MESH project, located off the Cumbria coast. The project, deemed of national significance, plans to develop up to 60 salt caverns for natural gas and hydrogen storage, significantly expanding the company’s storage capacity. If approved, the project will integrate with EnergyPathways’ hydrogen production facility and support the UK’s energy supply security. The MESH project aims to be operational by 2030, aligning with the UK’s clean power goals and supporting the emerging hydrogen network.

More about Dial Square Investments PLC

EnergyPathways PLC is a UK-based energy transition company focused on developing large-scale energy storage and decarbonisation projects. Its primary services include natural gas and hydrogen storage, as well as hydrogen production and low-carbon power generation. The company is targeting the UK market, aiming to contribute to the country’s energy transition and clean power ambitions.

Average Trading Volume: 5,606,800

Technical Sentiment Signal: Strong Buy

For a thorough assessment of EPP stock, go to TipRanks’ Stock Analysis page.

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