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EnergyPathways Secures Key Approval for Marram Energy Storage Hub Development
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EnergyPathways Secures Key Approval for Marram Energy Storage Hub Development

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The latest announcement is out from Dial Square Investments PLC ( (GB:EPP) ).

EnergyPathways PLC has announced receiving Licence Operatorship approval from the North Sea Transition Authority for Block 110/4a, which is crucial for the development of its Marram Energy Storage Hub (MESH). This milestone enables the company to advance with its Field Development Plan and Environmental Statement. Additionally, EnergyPathways has appointed PDi Ltd for subsea engineering services, joining Wood plc in progressing MESH through various project phases. MESH is expected to begin operations by the end of 2027, offering a secure energy supply and supporting the UK’s energy security and transition efforts.

More about Dial Square Investments PLC

EnergyPathways PLC is an energy transition company focusing on developing low carbon integrated energy solutions in the UK. It aims to lead the energy sector’s transition by supporting the UK’s hydrogen economy, primarily through projects like the Marram Energy Storage Hub (MESH), which is set to be the country’s largest natural gas and hydrogen energy storage facility.

YTD Price Performance: -4.90%

Average Trading Volume: 3,083,124

Technical Sentiment Consensus Rating: Strong Sell

For a thorough assessment of EPP stock, go to TipRanks’ Stock Analysis page.

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