Overview

• dCarbonX, backed by Italian operator Snam, proposes redeveloping the former Bains gas field in Morecambe Bay near Barrow-in-Furness.
• The company says the site could store 1.4 billion cubic metres of gas, equivalent to roughly six days of average demand, potentially lifting national capacity by up to half.
• The project carries an estimated price tag of £830 million and could start operating in under five years, according to the firm.
• The plan remains subject to regulatory approvals and an investment decision, with the capacity and timeline figures stated by the company.
• dCarbonX frames low UK storage as a strategic risk, noting Britain has about 12 days of winter demand versus roughly 90 days or more in Germany, France and Italy.