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EnergyPathways Secures Key Approval for Major Energy Storage Project
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EnergyPathways Secures Key Approval for Major Energy Storage Project

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An announcement from Dial Square Investments PLC ( (GB:EPP) ) is now available.

EnergyPathways PLC has secured approval from the North Sea Transition Authority for the Licence Operatorship of Block 110/4a, a critical step for the Marram Energy Storage Hub (MESH) project. This milestone facilitates the submission of the Field Development Plan and the Environmental Statement, essential for progressing towards a final investment decision. Additionally, the company has appointed PDi Ltd to contribute to the project’s engineering studies, complementing its collaboration with Wood plc. These developments underscore EnergyPathways’ commitment to enhancing the UK’s energy security and storage capacity, crucial amid volatile global energy prices.

More about Dial Square Investments PLC

EnergyPathways PLC is an energy transition company focused on developing low carbon integrated energy solutions in the UK. It aims to support the UK’s energy transition and hydrogen economy development through projects like the Marram Energy Storage Hub (MESH), which is designed to provide secure natural gas and green hydrogen supplies for over 20 years.

YTD Price Performance: 8.29%

Average Trading Volume: 3,101,950

Technical Sentiment Consensus Rating: Strong Sell

For an in-depth examination of EPP stock, go to TipRanks’ Stock Analysis page.

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