EnergyPathways

437 posts

EnergyPathways banner
EnergyPathways

EnergyPathways

@energy_pathways

EnergyPathways is targeting lower emission energy solutions that provide affordable energy to the UK market while offering security of energy supply

United Kingdom Katılım Eylül 2022
386 Takip Edilen628 Takipçiler
EnergyPathways
EnergyPathways@energy_pathways·
In Glasgow yesterday, EnergyPathways #EPP CEO, Ben Clube signed the gas storage licence for the company’s flagship MESH project in the Irish Sea and onshore at Barrow-in-Furness. The storage licence (the offer to award was announced last week), spans a substantial offshore area in the Irish Sea, that could support the construction of up to 60 large-scale, sub-surface salt storage caverns with potential for multi-terawatt hour energy storage, subject to consents and financing. #MESH #EnergyTransition #LDES #CAES #GasStorage @energygovuk @NSTAuthority
EnergyPathways tweet media
English
0
13
26
1.3K
EnergyPathways
EnergyPathways@energy_pathways·
EnergyPathways CEO Ben Clube, attending the AllEnergy conference in Glasgow today, as the company signs an agreement with Association of British Ports (ABP) to evaluate the Port of Barrow as the location for MESH onshore facilities. @abports21
EnergyPathways tweet media
English
0
21
48
4.1K
EnergyPathways
EnergyPathways@energy_pathways·
EnergyPathways #EPP has signed an agreement with the Association of British Ports @abports21, the UK’s leading and largest ports group, for ABP’s Port of Barrow to be EnergyPathways’ onshore hub for its MESH energy storage project. EnergyPathways will be working with ABP to evaluate the feasibility of building: • a CAES storage operations base; • a gas and hydrogen storage operations base; • connection infrastructure for the project’s offshore storage facilities • hydrogen and graphite production facilities; and • sustainable industrial processing and export facilities. EnergyPathways’ MESH project, expected to be Britain’s largest integrated energy storage project, will bolster Britain’s energy security and lower consumer bills.  Designated a project of “national significance” by the UK Government, MESH combines compressed air electrical storage (“CAES”) with natural gas and hydrogen storage.  The development of MESH aligns closely with the UK’s energy, industrial and economic growth strategies, alongside the UK’s 2035 Critical Minerals strategy ambitions. It is intended that the MESH hydrogen production facility will produce graphite, a critical mineral essential for use in civil nuclear, defence and battery applications, as a by-product. EnergyPathways CEO, Ben Clube said: “We are delighted to be working with ABP, the UK’s leading and largest ports group. This relationship highlights the significant opportunities that our MESH integrated energy storage project can bring to Barrow-in-Furness and the UK’s energy and industrial sectors. MESH can play an important role in supporting Barrow’s long-term development as a key hub for energy infrastructure and its potential to play a central role in the UK’s future energy system. “ABP’s Port of Barrow provides access to our offshore storage development areas in the East Irish Sea alongside strategically located land, port facilities and export infrastructure that could be well-suited to supporting MESH’s onshore facilities and production units. “This marks another important milestone for the MESH Project..” Ralph Windeatt, Business Development Director at ABP said: “ABP has a strong track record supporting energy projects of national significance. The Port of Barrow, specifically, has played a key role in the development and operation of the offshore wind industry in the Irish Sea. The MESH Project is an opportunity to further strengthen the port’s long-term future, and support the delivery of Barrow’s masterplan and contribute to the UK’s energy transition.” MESH complements the UK Government’s ambitions to strengthen and diversify Barrow’s economy. The town’s development masterplan is being spearheaded by Team Barrow, a Government initiative involving @BAESystemsplc , Westmorland & Furness Council and the Department of Housing, Communities and Local Government, as well as a range of local and national companies and organisations, including ABP. #MESH #CleanEnergy #GasStorage #LDES @ECumbria91592
EnergyPathways tweet media
English
0
20
50
1.5K
EnergyPathways
EnergyPathways@energy_pathways·
We've just released the following announcement: EnergyPathways PLC - Agreement with ABP to locate MESH facilities Check out the full announcement and join in with the conversation at: energypathways.uk/announcements/… #EPP
English
0
14
32
2.3K
EnergyPathways
EnergyPathways@energy_pathways·
📣 Join us live next Friday. Following recent transformational news, CEO Ben Clube will discuss what this means for the development of MESH and what’s ahead for Energy Pathways #EPP Live Q&A + pre-submit questions when registering: energypathways.uk/webinars/Ve9oN…
EnergyPathways tweet media
English
0
26
50
5.8K
EnergyPathways
EnergyPathways@energy_pathways·
EnergyPathways #EPP is delighted to announce it is to be awarded a Gas Storage License (GSL) by the North Sea Transition Authority for its flagship MESH project located in the East Irish Sea and onshore in Barrow-in-Furness. This decision marks a major milestone in the development of the wider MESH project, with the GSL spanning a substantial offshore area that could support up to 60 large-scale salt storage caverns with potential for multi terawatt-hour scale energy storage and is expected to be Britain’s largest integrated energy storage facility. The planned MESH Project has already been designated by the UK Government as a project of “national significance” and will comprise compressed air energy storage (CAES), natural gas storage transitioning to hydrogen storage and complementary hydrogen production for clean power and sustainable industry uses. EnergyPathways plans the following: ·      A natural gas storage facility that will double Britain’s meagre gas storage capacity and provide up to 6 days of national energy supply, securing Britain’s energy future and reducing its over-dependence on expensive gas imports. ·      CAES storage of 300 MW / 55 GWh capacity, which is expected to be Britain’s largest LDES facility. This will provide game-changing “days not hours” of electrical storage, essential to harness the billions of pounds of wind power currently being wasted and passed on to consumer bills; ·      Low-carbon dispatchable power generation that will be far cheaper than the expensive gas-fired power upon which Britain relies and which sets the power prices for all of Britain’s electricity, including renewables; ·      Low-cost hydrogen production capability that will be used to further decarbonise MESH dispatchable power and new sustainable industries planned in Barrow-in-Furness, including EnergyPathways’ proposed graphite production plant; and ·      A project that delivers homegrown energy and requires little or no government support at no added cost to consumer bills. EnergyPathways, along with its Tier One partners, including Siemens Energy, Costain plc, Wood plc and Zenith Energy will now progress the MESH project to a Final Investment Decision in 2028 and start up by late 2031. The Company has already initiated several funding and capacity offtake discussions.  EnergyPathways CEO, Ben Clube said: “I am delighted that we have met the NSTA’s criteria to offer EnergyPathways this crucial Gas Storage Licence, one of only two NSTA energy licence awards in the last two years. “The UK Government recognises MESH and other forms of long-duration energy storage as having a vital role in lowering energy prices, bolstering energy security and achieving a clean energy system." #MESH #EnergyStorage #CleanEnergy #LDES #GasStorage @energygovuk @Siemens_Energy @CostainGroup @ZenithEnergy
EnergyPathways tweet media
English
0
32
60
20.5K
EnergyPathways
EnergyPathways@energy_pathways·
We've just released the following announcement: EnergyPathways PLC - NSTA decision to offer Gas Storage Licence Check out the full announcement and join in with the conversation at: energypathways.uk/announcements/… #EPP
English
1
24
46
5.6K
EnergyPathways
EnergyPathways@energy_pathways·
We've just released the following announcement: EnergyPathways PLC - Drawdown of £1m Finance and Issue of ATM Shares Check out the full announcement and join in with the conversation at: energypathways.uk/announcements/… #EPP
English
0
8
17
663
EnergyPathways
EnergyPathways@energy_pathways·
A good piece from Simon Mundy in the @FinancialTimes on why electricity markets remain tied to gas prices, and how volatility is becoming a structural feature of the system. As renewable penetration increases, the challenge is no longer just generation, but how energy is stored and deployed when it’s needed. EnergyPathways’ MESH integrated energy storage project, which will include the UK's largest compressed air energy storage (CAES) project, is designed to address this directly, providing long-duration energy storage (LDES) for over 7 days, compared to hours from conventional battery systems. MESH will help to lower UK electricity prices because it can displace Britain's current marginal supply, which is gas power generation. Why is that? UK wholesale electricity prices are extremely volatile, so we can store low-cost electricity from the grid whenever it is available - which is often - and then dispatch it when prices are at their peak. Our MESH dispatchable power cost (LCOE/ LCOS) is around the £75/MWh mark. The government’s own estimates for new build dispatchable sources are £150+/MWh (see report below) This kind of system-scale storage is critical to reducing price volatility, improving energy security and enabling more efficient use of renewable power. Read the article here: ft.com/content/6edb4b… #EPP #MESH #EnergyTransition #EnergyStorage #CAES #LDES #CleanEnergy @ftenergy
EnergyPathways tweet media
English
0
18
28
3.1K