Gas storage project being eyed to help boost UK capacity by up to 50%

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"Plans are being mooted for an 830 million project off the UK coast that claims to be able to boost the UK's depleted gas storage capacity by up to 50%, it has been revealed. British-Irish energy firm dCarbonX, which is backed by Europe's largest gas infrastructure operator Snam, is proposing to redevelop the former Bains gas site, which is near Barrow-in-Furness and around 30 kilometres off the coast of north-west England in Morecambe Bay."

"Britain has the lowest gas storage capability in the G7, at just 12 days worth of average winter gas demand, far below the 90 days or more for Germany, France and Italy, according to dCarbonX. The Bains site would be capable of storing 1.4 billion cubic metres of gas, which is thought to be enough to meet around an extra six days of average demand, the group said."

"Tony O'Reilly, chief executive of dCarbonX, said: The UK doesn't just have a market gap it has a strategic risk. Gas is no longer just a commodity;"

The Independent emphasizes on-the-ground reporting across issues and appeals for donations to fund open-access journalism without paywalls. The outlet seeks to send journalists to present both sides of stories and highlights investigative work and documentaries. British-Irish energy firm dCarbonX, backed by Snam, is proposing an 830 million offshore redevelopment of the former Bains gas site near Barrow-in-Furness in Morecambe Bay. The project claims it could boost the UK's depleted gas storage capacity by up to 50%, help address a mounting national security risk, and store about 1.4 billion cubic metres of gas.

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