Net Zero Teesside secures £52million for carbon capture project

Net Zero Teesside project receives £52million funding boost

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A major carbon capture and storage project in Teesside has secured £52million to advance its development as part of a move toward a decarbonised industrial cluster.

By The Tees Editorial Desk · 17 March 2021

The Teesworks site where the new power station is planned. Image: Image: Tees Valley Combined AuthorityOriginal source

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The Teesside project has been awarded more than £52million in government funding to accelerate the development of low-carbon and . The investment will support the planning stage of a new gas-fired power station equipped with , utilisation and storage technology, intended for the Teesworks site.

The project is being delivered by a consortium led by BP, which has established the Northern Endurance alongside the Zero Carbon Humber project. This collaboration involves the construction of an offshore pipeline network designed to transport carbon dioxide from industrial clusters to be stored permanently deep underground.

Projections that once operational, the scheme could capture up to 10 million tonnes of CO2 emissions annually. The project is expected to support the construction phase with 5,500 direct jobs and contribute an £450million to the regional economy each year.

Funding for this stage was provided through the government’s Industrial Challenge. Officials highlighted the role of the scheme in establishing the region as a hub for clean energy, alongside the recently announced Freeport status for Teesworks.

Archive : This story is based on reporting originally published by Tees Valley Combined Authority on 2021-03-17. The original source image has been and credited.