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RE: LeoThread 2025-04-06 04:45

in LeoFinance6 months ago

The next steps now involve securing substantial capital required to bring the project to life and ensure it is viable financially. David Tomb, Earba’s project director, highlighted that it has been over 50 years since the last UK pumped hydro storage project began, making it vital to collaborate with suppliers to develop the necessary supply chain capacity for a project of this scale.

Project to support 500 jobs in six-year build phase
The UK-based company expects the project to create 500 on-site jobs during the six-to-seven-year construction period, spanning various roles in construction, engineering, and project management.

Crompton also emphasized that energy storage plays a crucial role in integrating more renewables into the UK energy system, advancing the country’s progress toward Net Zero while strengthening energy security.