RE: RWE Czech Gas storage facility sale transaction 360m euros, retains German caverns for hydrogen storage27 Aug 2023 13:02
Time commitments today prevent me digging further , however can the Czech site sold ever be used for storing hydrogen , it is worth noting that RWE point out they are retaining their German salt caverns as they can be used for storing hydrogen , this implies sold site can't be and possibly perceived as having a finite lifespan . Personally think we will be dependent on fossil fuels for a lot longer then most imagine. Haven't looked into licences and regs in Czech , which also could be a contributory factor to price achieved. Apples with Apples..
Boil