RE: Last chance at massively reduction sale price!31 Mar 2025 15:59
I like this slide :-)
South Dorset H₂ Storage Facility Benefits
Material Economic Benefits to UK and Dorset Economies
§ £2.28 bn/year GVA during its 30-60 year operational life (Quod Economic Impact report)
§ Job creation: up to 2,100 direct + 5,100 supply chain jobs, 135 permanent jobs in site operations
Significant National Scale Contribution to UK Energy Security
§ Store equivalent of 14-27 days of UK electricity supply (i.e.,~4-8% of 2023 annual electricity demand)
§ Supply ~15-31% of high end¹ 2050 UK H₂ storage demand forecasts*
§ Supply ~60% of AFRY 2035 UK H₂ storage demand forecast
Key Enabler for UK Hydrogen System and Decarbonisation in UK & Southern England
§ Critical for establishment of UK Backbone Hydrogen Pipeline into Southern UK
§ Decarbonisation of dispatchable electricity via switch to “H2P” (e.g., Chickerell, Marchwood, Didcot et al)
§ Supports H₂ demand/decarbonisation for
• Solent Cluster SAF production at Fawley to decarbonise LHR and LGW
• Southampton and Portsmouth International Maritime Organisation (IMO) 2030 fuel targets
§ Direct synergy/pipeline link with proposed 1GW green H₂ production at Portland Port
Note: ¹ National Grid 2024 FES STS 49TWh/yr & Royal Soc. 2023 60-100TWh/yr, * Assumes 5 cycles/year (15TWh) from 3TWh (1 bnm³) static storag