UK Oil & Gas PLC has announced the completion of preliminary project design for its new underground hydrogen storage facility in South Dorset, which offers significant advantages over their previous site in Portland.
The new design allows for increased storage capacity, reduced development costs, and a strategic location closer to planned hydrogen infrastructure.
As a result, the company will focus on this project and another in East Yorkshire, discontinuing efforts at their Portland site to better align with government decarbonization targets and secure revenue support.