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EnergyPathways partners with Siemens Energy on compressed air and hydrogen storage for UK's long-duration energy needs. Non-binding agreement aims for multi-day LDES.
This article covers information on EnergyPathways PLC.
LON:EPPEnergyPathways has signed a non-binding cooperation agreement with Siemens Energy to co-develop long-duration energy storage (LDES) using compressed air energy storage (CAES), integrated with hydrogen-compatible power systems. The collaboration is global in scope, but the starting point is firmly British – supporting the UK’s clean power and energy security goals and, specifically, EnergyPathways’ MESH project in the East Irish Sea and Cumbria.
Non-binding means this is a framework to work together, not a signed contract to build kit tomorrow. Even so, partnering with a heavyweight like Siemens Energy – a global energy technology group operating in over 90 countries with around 103,000 employees and €39.1 billion in revenue in fiscal year 2025 – is a strong vote of confidence in EnergyPathways’ LDES vision.
For a small-cap energy transition play, third-party validation is everything. Siemens Energy brings engineering heft, a broad technology portfolio and delivery experience. EnergyPathways contributes its proprietary LDES geo-storage expertise, IP and project development capability. Put together, this looks like an attempt to design a modular, scalable, multi-day storage platform that could be replicated in multiple markets.
It is early-stage and non-binding, but if this moves to formal contracts, it could help derisk technology, procurement and delivery. The UK focus is strategic too: turning wasted wind into dispatchable low-carbon power is a live policy priority, and multi-day storage is the hard bit many systems lack.
LDES refers to storage that can discharge power over many hours or days, smoothing intermittent wind and solar. CAES stores energy by compressing air – effectively parking surplus power as high-pressure air inside geological formations, then releasing it later to drive turbines. In EnergyPathways’ concept, CAES is combined with thermal storage and hydrogen-compatible gas turbines to produce flexible, low-carbon electricity when the grid needs it.
The headline here is multi-day operation and “modular and scalable” design. If they can deliver a repeatable CAES-hydrogen module that is cost-competitive, it could become valuable infrastructure in renewables-dominated grids.
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MESH is pitched as a large-scale storage and decarbonisation facility with a 25+ year life, connecting to nearby offshore wind and the UK grid using existing infrastructure. The idea is to capture curtailed offshore wind, store it as compressed air in offshore salt caverns, and later generate electricity via compressed air expansion, thermal energy and hydrogen-compatible gas turbines.
There is also a hydrogen production element using methane pyrolysis, for which EnergyPathways has exclusive UK rights of use. That hydrogen can decarbonise the flexible power generation system further, while the by-product is a high-grade synthetic graphite – a potentially saleable product. The project could also branch into low-carbon ammonia production and support the UK’s emerging Project Union hydrogen network.
Timing-wise, the target is to be operational by 2030, subject to government approvals and financing. That aligns with the Government’s 2030 Clean Power ambitions, but it also underlines the permitting, funding and delivery effort still ahead.
Not disclosed: any financial terms, capital commitments, equity participation, offtake arrangements, expected capacities, costs, returns, specific timelines beyond the 2030 MESH target, or government support mechanisms. Those are all to come, likely via future formal contracts.
This reads positively for strategy and credibility. EnergyPathways is aligning with a serious partner on a difficult but high-value problem – affordable multi-day storage. If they can package CAES, thermal and hydrogen into a modular system, that is potentially powerful and exportable. The UK starting point is smart given curtailment costs and policy tailwinds.
The caveat is clear: it is non-binding, and details are thin. The market will want to see formalised agreements, defined system specifications, cost curves and a clearer financing plan for MESH. Until then, this is a strong signal rather than a revenue event.
| Item | Detail |
|---|---|
| Partner | Siemens Energy Global GmbH & Co. KG |
| Agreement status | Non-binding cooperation agreement |
| Technology focus | Compressed Air Energy Storage (CAES) + hydrogen-compatible power systems |
| Objective | Modular, scalable, multi-day LDES and flexible low-carbon power |
| Initial target market | United Kingdom |
| First project | MESH, East Irish Sea and Cumbria |
| MESH timeline | Target operational by 2030 (approvals and financing required) |
| Siemens Energy scale | ~103,000 employees, over 90 countries, €39.1 billion revenue (FY2025) |
| Hydrogen pathway | Methane pyrolysis (exclusive UK rights of use), by-product synthetic graphite |
EnergyPathways has put a respected global partner beside an ambitious UK-first storage concept. It is a smart strategic move that could unlock a repeatable, multi-day storage platform if they nail the engineering and funding. For now, it is signalling rather than certainty – but good signalling, and squarely aligned with the UK’s need to turn wasted wind into reliable, low-carbon power.
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