Storengy Introduces Market Survey for Underground Hydrogen Storage

Clean Energy Storengy Introduces Market Survey for Underground Hydrogen Storage

2024-11-15 Source: Press release Storengy 1 min Reading Time

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Storengy has plans to launch a market survey to identify hydrogen storage needs of market players along the future French transmission backbone. The market survey will be conducted in two phases.

France has significant potential for developing underground hydrogen storage in salt caverns in various regions. (Source: Pixabay) — France has significant potential for developing underground hydrogen storage in salt caverns in various regions.
(Source: Pixabay)

Berlin/Germany – Storengy is launching a market survey aimed at hydrogen market players and project developers, to specify their hydrogen storage needs along the French section of the future backbone of the European hydrogen transport network.

The first phase of this non-binding market survey will enable the company to confirm the rate of development of demand for underground hydrogen storage solutions in salt caverns and to strengthen its understanding of the technical performance expected by the market. The information gathered will help the firm to size projects and carry out the technical and economic studies required for their development.

Storengy is planning a second phase with interested players, to gain a deeper understanding of their needs, define the conditions for access to the infrastructure and establish the implementation procedures.

France has significant potential for developing underground hydrogen storage in salt caverns in various regions. Storengy is developing these storage facilities in response to the need to decarbonize French and European industry. Storage is an essential link in the hydrogen supply chain. Combined with the transmission networks, from 2030 they will make it possible to support the supply of consumers, optimize the costs of decarbonized hydrogen and offer market players flexible, massive and secure energy storage solutions.

If you wish to respond to the market survey, click here to answer the survey before 20 December 2024.

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