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EnergyPathways launches licence work programme for MESH project
(Sharecast News) - EnergyPathways said on Wednesday that it had launched the licence work programme for its MESH project after formally accepting a gas storage licence offer from the North Sea Transition Authority.
The AIM-traded company said a site survey was planned for the third quarter in the East Irish Sea, covering environmental, geological and seabed work to support regulatory, engineering and subsurface development.
The licence area could support up to 60 large-scale salt caverns, subject to consents and financing.
EnergyPathways also welcomed Ofgem's plans for a second window under its long-duration energy storage cap and floor scheme, saying it was preparing to submit MESH's compressed air energy storage element.
Chief executive Ben Clube said the project, designated nationally significant by the UK Government, was "uniquely positioned" to help reduce reliance on gas-fired power and lower electricity prices.
At 1029 BST, shares in EnergyPathways were up 1.91% at 6.93p.
Reporting by Josh White for Sharecast.com.
See latest RNS on Investegate
Market NewsLatest EPP News
- EARNINGS: CloudCoCo loss narrows; RUA Life Sciences revenue up
30 Jun 2026 - IN BRIEF: EnergyPathways draws down GBP1 million for MESH project
3 Jun 2026 - EARNINGS & TRADING: MP Evans restarts buybacks with new programme
26 May 2026 - WINNERS & LOSERS: Advanced Medical suitor walks away; Capita climbs
18 May 2026 - WINNERS & LOSERS: Kendrick drilling results; Blackbird new approach
15 May 2026 - EnergyPathways inks deal with ABP to evaluate Port of Barrow
13 May 2026 - EARNINGS AND TRADING: Afentra goes it alone; Vertu revenue edges up
13 May 2026
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EnergyPathways News
EnergyPathways launches licence work programme for MESH project
(Sharecast News) - EnergyPathways said on Wednesday that it had launched the licence work programme for its MESH project after formally accepting a ga...
EARNINGS: CloudCoCo loss narrows; RUA Life Sciences revenue up
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News:
IN BRIEF: EnergyPathways draws down GBP1 million for MESH project
EnergyPathways PLC - Worthing, UK-based energy transition company - Draws down a second tranche worth GBP1.0 million under an existing GBP15 million f...
EARNINGS & TRADING: MP Evans restarts buybacks with new programme
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately report...
WINNERS & LOSERS: Advanced Medical suitor walks away; Capita climbs
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Monday.
WINNERS & LOSERS: Kendrick drilling results; Blackbird new approach
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Friday.
EnergyPathways inks deal with ABP to evaluate Port of Barrow
(Sharecast News) - EnergyPathways said on Wednesday that it had signed a collaboration agreement with Associated British Ports to evaluate the Port of...
EARNINGS AND TRADING: Afentra goes it alone; Vertu revenue edges up
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately repor...
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