UK Energy Storage (UKEn) has agreed terms to lease a second underground salt-cavern hydrogen storage facility in south Dorset.<\/p>\n
The site is close to SGN’s H2 Connect pipeline and will link storage to the planned Solent Cluster and wider hydrogen networks.<\/p>\n
Each UKEn hydrogen storage site aims to provide around 10-20% of the UK’s estimated 2050 hydrogen storage demand.<\/p>\n
UKEn chief executive Stephen Sanderson said: “UKEn’s new Dorset site is optimally placed to exploit the thickest part of the onshore Dorset Triassic salt deposit, permitting large underground caverns to be emplaced via a modest sized surface facility.”<\/p>\n
UKEn, which is owned by AIM-listed group UK Oil & Gas, has executed a heads of terms covering the 60-year lease of land and subsurface mineral rights.<\/p>\n
Sanderson added: “We look forward to continued collaboration with government to develop these strategic UK energy infrastructure assets and to help make the 2030 UK power decarbonisation target a reality.”<\/p>\n
UKEn will nowmove to finalise the lease agreement, complete salt cavern design studies and start other works necessary to submit a Nationally Significant Infrastructure Project planning application.<\/p>\n
The company also aims to apply for government revenue support for at least one Dorset site.<\/p>\n","protected":false},"excerpt":{"rendered":"
Facility will link to the planned Solent Cluster<\/p>\n","protected":false},"author":18,"featured_media":15734,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120781],"coauthors":[81],"class_list":["post-15733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-dorset","tag-featured-story"],"yoast_head":"\n