Great Britain’s regulator, North Sea Transition Authority (NSTA), has offered a license for gas storage in the East Irish Sea to dCarbonX, a subsidiary of Snam, which is expected to propel the UK’s decarbonization aspirations forward, thanks to offshore hydrogen storage.

The award of a gas storage license, which came on August 11, allows dCarbonX to make progress toward seeking the necessary regulatory approvals required before gas storage operations can begin, including further approvals from the NSTA. The company believes that this will provide a major boost for the UK’s decarbonization plans in the decades ahead.