The UK allocated £500,000 for the development of hydrogen storage projects

Published: Jun 17, 2025 15:26

Recently, the UK's Office of Gas and Electricity Markets (Ofgem) awarded a grant of £500,000 ($677,000) to a consortium led by National Gas and Gravitricity to develop a new-type underground hydrogen storage facility. The facility is designed to store up to 100 mt of green hydrogen through dedicated underground shafts.

"This technology can be deployed wherever it is needed, for example, as part of the national gas network or adjacent to large industrial users," National Gas said. The company, along with Gravitricity, Southern Gas Networks, Guidehouse, the University of Edinburgh, Energy Reform, and Premtech, forms the consortium. The project development will take six months and may enter the demonstration phase in 2026.

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The UK allocated £500,000 for the development of hydrogen storage projects - Shanghai Metals Market (SMM)