RE: South Dorset H₂ Storage Facility Benefits21 Oct 2025 16:51
Probably worth another read..... get your calculator out....what is this company going to be worth.....£?BILLION!!!!
From the Dorset Clean Energy Supper cluster presentation (Dorset CESC Presentation 27 March 2025.pdf) available on UKOGplc.com
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 storage
It's all there in the public domain.....just read, use your calculator and choose to invest or not....simples.
Current market valuation below £8m though, this has to be a steal at this level. GLA