EnergyPathways plc (AIM: EPP), an energy transition company developing low carbon integrated energy solutions in the UK, is pleased to advise that Department of Energy Security and Net Zero (DESNZ) has invited EnergyPathways to participate in the Hydrogen Storage Business Model (HSBM) Design Group.

The HSBM, when finalised, will define DESNZ’s new investment support scheme to promote development of Hydrogen Storage projects. EnergyPathways expects the first DESNZ Hydrogen Storage Allocation Round will be launched during 2025.

EnergyPathways plans to submit an application for the first Hydrogen Storage Allocation Round in respect of its large scale MESH natural gas and green hydrogen storage project.