ESB and dCarbonX have signed a joint venture agreement that will allow the companies to progress large-scale energy storage projects off the coast of Ireland.
Since Q2 2021, ESB and dCarbonX, (an affiliate of Snam, Europe’s largest gas storage provider and gas infrastructure company), have been working together in terms of the assessment and development of Irish offshore green hydrogen subsurface storage. The joint venture will focus on three specific green hydrogen storage opportunities based around proposed decarbonisation clusters – east of Dublin’s Poolbeg, west of ESB’s Green Atlantic at Moneypoint project supporting the Shannon Estuary cluster and south of Aghada in Cork, Project Kestrel.
Jim Dollard,…
ESB and dCarbonX in joint venture to progress energy storage projects – Business & Finance
