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The acquisition encompasses two gas storage facilities, Hill Top Farm and Hole House Farm, situated near Warmingham in Cheshire, UK
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The recently revealed data indicates that European gas storage levels have reached 90.12% of capacity, corresponding to more than 93 billion cubic metres of natural gas
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An ongoing study is looking into whether water could be used to dissolve salt and form caverns to store hydrogen
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That’s because the country has just 5% of Germany’s gas infrastructure, new analysis has found
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It warns the region could face a gap of as much as 30bn cubic metres of natural gas during the summer period
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It is hoped that the move will stave off a European gas supply shortage
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This needs to be built from scratch, new research claims
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The project will provide more than 25% of the UK’s storage capacity and make the country far more resilient to future supply issues
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The Harland and Wolff shipyard in Belfast went into administration in August, putting 120 jobs at risk
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The start of the winter energy season is less than two weeks away and with it comes enhanced volatility.
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Engie subsidiary Storengy will complete the final five of 20 salt caverns in Cheshire this year
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