EnergyPathways CEO on advancing world’s largest CAES project after FEED milestone

EnergyPathways PLC (AIM:EPP) CEO Ben Clube joined Proactive to discuss a landmark milestone — pre-FEED studies completed with Siemens Energy have independently confirmed the commercial and technical viability of the company's CAES project, the planned world's largest compressed air energy storage facility.

Clube explained the project captures wasted wind power and stores it in offshore salt caverns, releasing it as dispatchable electricity when needed — a large-scale solution to one of the UK grid's biggest challenges. The project, already designated nationally significant, is now advancing into FEED ahead of a final investment decision, funded by a £15 million minimally dilutive financing facility.

Crucially, the CAES project proceeds independently of the gas storage licence application. Upcoming milestones include contractor appointments, regulatory updates and further financing activity.

For more videos like this, visit Proactive’s YouTube channel, like this video, subscribe, and enable notifications so you never miss an update.

#EnergyPathways #EPP #CAES #EnergyStorage #NetZero #RenewableEnergy #UKEnergy #LongDurationStorage #Infrastructure #CleanEnergy #Investing #EnergyTransition #SiemensEnergy #ProactiveInvestors

Видео EnergyPathways CEO on advancing world’s largest CAES project after FEED milestone канала Proactive Investors