REG - EnergyPathways PLC - EnergyPathways Partners with KBR & Hazer

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RNS Number : 3293H  EnergyPathways PLC  13 November 2025

13 November 2025

EnergyPathways plc

("EnergyPathways" or the "Company")

 

EnergyPathways Partners with KBR & Hazer on Major Hydrogen Development
Engineering Studies

 

EnergyPathways (AIM: EPP), the UK energy transition company, is pleased to
announce it has commenced engineering studies with KBR Inc ("KBR") and Hazer
Group Ltd ("Hazer") for its planned hydrogen and graphite production
facilities, to be located in Barrow-in-Furness NW of England, as part of the
Company's MESH project ("MESH").

 

The integrated engineering study scope will use KBR's and Hazer's proprietary
technologies in the design of low-carbon hydrogen, high grade graphite and
low-carbon ammonia production facilities. Hazer and KBR have formed a global
strategic alliance in clean hydrogen production solutions.

 

The commencement of these engineering studies through the KBR-Hazer alliance
underscores the Company's commitment to partnering with Tier 1 global leaders
in clean energy technology to deliver innovative, low-emission solutions vital
for the UK's energy transition and industrial strategy.

 

This significant milestone follows the Memorandum of Understanding announced
on 15 July 2025, in which EnergyPathways secured exclusive rights to evaluate,
use and deploy Hazer's hydrogen production technology within the UK. It also
follows the RNS dated 22 October 2025 in which EnergyPathways announced the
commencement of techno-commercial studies with Hazer in relation to the
high-grade synthetic graphite that will be produced as a by-product from the
MESH low-carbon hydrogen production facility. Graphite has been identified by
a number of countries, including the UK, as a critical mineral to meet their
net zero, industrial growth and national security objectives.

 

MESH Hydrogen and Graphite Production

 

The planned hydrogen and graphite production facilities target an indicative
hydrogen production capacity of 20,000 tonnes per annum (equivalent to 90MW),
and also a graphite production capacity of 60,000 tonnes per annum. Under the
Company's engineering studies agreement, the Hazer-KBR alliance will lead the
engineering design and concept development studies for the proposed MESH
hydrogen and graphite production facility. Work will commence immediately,
with completion anticipated in early 2026 in line with the Company's MESH
project timeline.

 

The major elements of the MESH project, including its low-carbon hydrogen and
graphite production facilities, have been designated as a project of national
significance by Ed Milliband, the Secretary of State for Energy Security and
Net Zero. This allows the MESH project to access a streamlined planning and
development consent process under the 2008 Planning Act, reserved for
large-scale infrastructure developments of national significance.

 

Ben Clube, CEO of EnergyPathways, commented:

 

"The commencement of engineering studies with the KBR and Hazer alliance
underscores EnergyPathways' commitment to partnering with tier-1 global
leading companies to delivering innovative and affordable low-emission
solutions vital for the UK's energy transition, industrial strategy and
national security.

 

"With alternative hydrogen production technologies such as blue and green
hydrogen looking increasingly challenged by high production costs,
EnergyPathways aims to develop a hydrogen production pathway and
decarbonisation solution that could be more affordable to Britain's taxpayers
and energy consumers. EnergyPathways is targeting growth market opportunities
in hydrogen-to-power and low-carbon ammonia production.

 

"A significant added benefit of EnergyPathways' hydrogen production project is
the associated graphite production. The UK government has identified graphite
as a critical mineral essential to the nation's energy transition and
industrial strategy. With the UK 100% dependent on imports for its graphite
needs, and China dominating global supply with over 80% of market share, the
British government, and others such as the USA, are actively seeking to secure
their own graphite supply chains."

 

Hazer's CEO and MD Glenn Corrie said:

 

"We're delighted to see the EnergyPathways MESH project advancing rapidly,
underpinned by its recognition as a nationally significant UK energy
development. The EnergyPathways MESH project is strategically important and
the integration of Hazer's low-cost hydrogen technology with the co-production
of a low-emissions critical mineral represents a genuine gamechanger for the
UK's energy transition plan. Hazer and KBR are excited to commence this
concept study to support EnergyPathways progress to its next major milestone."

 

 

About KBR and Hazer

KBR is a global engineering leader and technology solutions provider. KBR is
recognised as the global leader in ammonia and methanol production with 50+%
ammonia market share with over 250 licensed ammonia, methanol and hydrogen
production plants. KBR is renowned for its expertise in delivering
large-scale, technologically advanced projects and plays a significant role in
the commercialisation and scaling of innovative technologies. Through its
global strategic alliance with Hazer, KBR supports the deployment of Hazer's
methane pyrolysis technology worldwide, further expanding its influence in the
clean hydrogen sector and supporting energy transition initiatives.

Hazer Group Ltd, listed on the ASX, is recognised as a global leader in
methane pyrolysis hydrogen technology. The company specialises in utilising
its proprietary hydrogen production process, which converts methane into clean
hydrogen and valuable by-products such as graphite, without emitting carbon
dioxide. Hazer has established a global strategic alliance for the licensing
of its world leading technology with KBR, a renowned leader in ammonia and
methanol production, further enhancing the commercial potential and
scalability of its technology. Hazer has developed a large number of
partnerships with leading energy companies for the potential deployment of its
technology across the world.

 

About MESH

 

MESH will be a new, large scale, energy storage and decarbonisation facility
that is expected to provide a secure and dependable supply of affordable
low-carbon energy for the UK market for over 25 years.

 

The MESH integrated energy system solution comprises; large-scale Long
Duration Energy Storage ("LDES"), flexible low-carbon power capacity and
low-carbon hydrogen and graphite production with the potential to branch into
low-carbon ammonia production. MESH will connect its LDES integrated storage
system using existing infrastructure to the UK grid and nearby offshore wind
capacity to help harness value from some of the billions of pounds of the UK's
wasted wind power.

 

The MESH system is designed to capture and store curtailed offshore wind power
in offshore salt caverns as compressed air. The MESH energy storage system
combines associated large-scale hydrogen, thermal and natural gas storage
capacity in geo-storage features (the salt caverns). During periods of low
renewable energy availability, the LDES stored energy resources will be
utilised to generate low-carbon flexible power for the UK's grid via
compressed air expansion, thermal energy and hydrogen-compatible gas turbine
systems to generate electricity.

 

The MESH facility will also produce affordable low-carbon hydrogen using
methane pyrolysis technology for which EnergyPathways has exclusive rights of
use within the UK. The hydrogen can be used to further decarbonise the MESH
flexible power generation system using its hydrogen compatible gas turbine
system. The by-product of the MESH hydrogen production facility is a
high-grade form of synthetic graphite.

 

In addition to supplying dispatchable low-carbon electricity to the grid,
MESH-produced hydrogen can support the UK's emerging Project Union hydrogen
network, contributing to broader emissions reductions across the energy
system.

 

The MESH project is targeted to be operational by 2030, subject to government
approvals and financing, in order to contribute to the Government's 2030 Clean
Power ambitions. EnergyPathways aims to play its role in supporting the
Government in accelerating the UK's energy transition.

 

Investor Engagement with EnergyPathways

 

Engage with us by asking questions, watching video summaries and seeing what
other shareholders have to say. Navigate to our Interactive Investor website
here:  https://energypathways.uk/ (https://energypathways.uk/)

 

Enquiries

 

 Investor questions on this announcement                                      https://energypathways.uk/link/yzjJ0y (https://energypathways.uk/link/yzjJ0y)
 We encourage all investors to share questions on this announcement via our
 investor hub
 EnergyPathways                                                               Tel: +44 (0)207 466 5000, c/o Burson Buchanan (Financial PR)
 Ben Clube / Max Williams

                                                                              Email : info@energypathways.uk
 Cairn Financial Advisers LLP (Nominated Adviser)                             Tel: +44 (0)20 7213 0880
 Jo Turner / Louise O'Driscoll / Sandy Jamieson
 SP Angel Corporate Finance LLP (Broker)                                      Tel: +44 (0)20 3470 0470
 Richard Hail / Adam Cowl
 Global Investment Strategy UK Limited (Joint Broker)                         Tel: +44 (0)20 7048 9000
 Callum Hill / James Sheehan

 

Subscribe to our news alert service: energypathways.uk
(http://energypathways.uk/auth/signup) /auth/signup
(http://energypathways.uk/auth/signup)

 

For further information on EnergyPathways visit www.energypathways.uk and
@energy_pathways on X (formerly Twitter).

 

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or
anticipated future events and anticipated results that are forward-looking in
nature and, as a result, are subject to certain risks and uncertainties, such
as general economic, market and business conditions, competition for qualified
staff, the regulatory process and actions, technical issues, new legislation,
uncertainties resulting from potential delays or changes in plans,
uncertainties resulting from working in a new political jurisdiction,
uncertainties regarding the results of exploration, uncertainties regarding
the timing and granting of prospecting rights, uncertainties regarding the
timing and granting of regulatory and other third party consents and
approvals, uncertainties regarding the Company's or any third party's ability
to execute and implement future plans, and the occurrence of unexpected
events.

 

Actual results achieved may vary from the information provided herein as a
result of numerous known and unknown risks and uncertainties and other
factors.

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