EnergyPathways CEO Discusses MESH Storage Initiative for UK Energy Challenges
EnergyPathways PLC's CEO Ben Clube highlighted the MESH integrated energy storage initiative at the One2One Investor Forum, aimed at mitigating the UK's energy cost and supply issues. The project, which combines long-duration electricity, natural gas, and hydrogen storage, is projected to address the £1.5 billion added to consumer bills in 2025 due to wasted wind energy, with potential costs rising to £8 billion by 2030. Designated as a Project of National Significance, MESH plans to expand to 60 salt caverns and is in collaboration with Siemens Energy for development.
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EnergyPathways PLC's CEO Ben Clube discussed the MESH integrated energy storage facility at the One2One Investor Forum. The project in the Irish Sea combines long-duration electricity, natural gas, and hydrogen storage to address the UK's energy cost and supply challenges.
Clube noted that £1.5 billion was added to consumer bills in 2025 due to wasted wind energy, with projections of £8 billion by 2030. The UK has significantly less gas storage than Germany, Netherlands, Italy, and France.
MESH is designated a Project of National Significance and aligns with UK energy policy. The facility's design could expand to 60 salt caverns and utilize KBR's hydrogen technology. EnergyPathways plans to finalize licensing, gain planning approvals, and secure tier one offtake partners, with a partnership with Siemens Energy in development.
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