UKOG Energy for Britain

Harnessing excess clean renewable power, converting it into green hydrogen and storing for future use to generate electricity when the wind doesn’t blow, or the sun doesn’t shine, or demand outstrips supply, is crucial for the UK’s Clean Power system, addressing the inherent intermittency of wind and solar. It will remove the current necessity of using natural gas to fill the intermittency gap. This will also help slash the UK’s current £1billion annual spend on wind turbine curtailment.

Our Mission: Deliver our first UK hydrogen storage site by 2030, supporting the transition to net zero by 2050. Our 100% owned subsidiary, UK Energy Storage (UKEn), has been diligently working on a £1 billion underground hydrogen storage project in South Dorset for the past four years. This will be the UK’s largest, with an envisioned maximum annual capacity of 10 TWh, meeting up to 17% of the UK’s forecast hydrogen storage needs by 2050. A second major site in East Yorkshire aims for an initial 7 TWh annual capacity, with potential expansion to match Dorset’s capacity.

Technology: New-build salt caverns, a proven, safe, and cost-effective technology, will be used for storage. These caverns are viable at large scale in only three UK areas: Dorset, East Yorkshire, and Cheshire. Both sites will connect to the UK-wide Project Union hydrogen pipeline, integrating into the national Clean Power system.

Strategic Locations: Our sites are strategically placed within the UK’s two largest forecast hydrogen demand clusters: the South (including South Wales) and the East Coast/Teesside, which together account for 70% of National Grid’s projected 2040 hydrogen demand. Our Yorkshire site will also help decarbonize the East Coast Cluster, the UK’s largest CO2 emitting region, by enabling the adoption and optimisation of reliable renewable and hydrogen power.

Benefits: Our hydrogen storage will provide resilience, flexibility, and security of supply to primary hydrogen clusters, buffering demand spikes and ensuring pipeline stability. This will keep the lights on and support the decarbonisation of the South and East Coast’s gas-to-power plants, Drax Power (the UK’s and North’s largest CO2 emitter) and Fawley Refinery, the South’s largest CO2 emitter.
We’re also exploring green hydrogen generation add-ons to our storage projects, leveraging coastal locations for electrolysis and proximity to new windfarm power landfalls.

Commitment: To focus 100% on UK Energy Storage and our hydrogen storage business, UKOG is committed to transitioning out of its oil and gas portfolio in a timely and orderly manner.

This is UKOG: Energy for Britain

LATEST NEWS

20/12/24: UK Government’s hydrogen strategy update. Click here
10/12/24: Minister of State for Industry Sarah Jones MP supports UK Energy Storage projects. Click here
06/08/24: Stephen Sanderson on hydrogen storage and funding. Click here
05/07/24: UK Energy Overview. Click here
30/06/24: UK Energy Storage: Daily Telegraph article on Dorset hydrogen project. Click here
20/06/24: Statement regarding Horse Hill Supreme Court verdict. Click here
29/05/24: Support from Japanese corporation Sumitomo. Click here
17/05/24: The Times: Green Hydrogen is not just hot air. Click here
06/05/24: Notice of Annual General Meeting. Click here
02/04/24: Annual Reports and Accounts 2023. Click here
23/02/24: Notice of Reconvened General Meeting. Click here
01/02/24: Notice of General Meeting and Capital Reorganisation. Click here
11/09/23: Royal Society Publication on the need for Salt Cavern storage. Click here
31/03/23: Annual Report and Accounts 2022. Click here
24/03/23: CPR on 10% interest in Horndean asset. Click here
21/02/23: Competent Person’s Report by RPS on Loxley gas discovery. Click here
11/01/23: Pinarova-1 potential shallow oil accumulation slides. Click here
25/11/22: Portland Port: White Paper on hydrogen project by Xodus. Click here
12/11/22: The Independent: Behind the curve in Hydrogen storage. Click here
31/10/22: Latest Portland Port Presentation. Click here
30/06/22: VIDEO: Another live oil seep from a second seismic shot hole in Basur, Turkey. Click here
30/06/22: UPDATED: Basur Seismic Presentation. Click here

For more detailed RNS news click here

TV & RADIO

27/02/23: Stephen Sanderson gives progress report on Loxley, Turkey and Portland Port on Core TV. Click here
23/02/23: Steve Sanderson Loxley interview on BBC News Channel. Click here
30/05/22: Steve Sanderson discusses UKOG’s future hydrogen-ready energy storage project at Portland Port in Dorset on Core TV. Click here
16/04/21: Steve Sanderson discusses UKOG’s new strategy on Core TV. Click here
20/01/21: Why Basur-Resan makes sense for UKOG’s future growth. Click here
23/07/20: Stephen Sanderson discusses Turkey project on Core TV. Click here