This time last year, the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power) reached financial close. This gave the green light for the UK’s first major CO2 transportation and storage network for the East Coast Cluster (ECC) and world’s first gas-fired power station with carbon capture.
To mark the anniversary, Olivia Powis, CEO of the CCSA, said:
“As first movers in UK CCUS deployment, Net Zero Teesside Power and the Northern Endurance Partnership are already supporting local businesses and building the skills and capabilities that future industrial clusters will depend on.”
“It is of utmost importance that we now maximise the current momentum, as seen in Teesside, to deliver carbon capture, utilisation and storage projects. With the right policy and market signals, we can unlock billions of pounds of investment in the UK, to promote economic growth, build a world-class CO₂ storage industry and ensure our foundational industries such as cement, fuels, waste and chemicals remain competitive in the global low-carbon products market.”