UK Announces First Full-Scale Carbon Capture Project
UK Announces First Full-Scale Carbon Capture Project

UK Announces First Full-Scale Carbon Capture Project

News summary

The UK is set to construct its first full-scale carbon capture power station on Teesside, following a £22 billion government investment and nearly two decades of delays. This initiative involves the Net Zero Teesside Power (NZT Power) project, which aims to capture up to two million tonnes of CO2 annually and store it under the North Sea via the Northern Endurance Partnership (NEP). The projects are expected to create around 4,000 construction jobs and 1,000 permanent positions once operational, significantly contributing to the local economy. With a combined value of approximately £4 billion, the projects will include a gas-fired power station that captures emissions for liquefaction and burial. Energy Secretary Ed Miliband emphasized that this investment marks a significant step towards achieving the UK’s clean energy goals. The North Sea Transition Authority has awarded the first carbon storage permit for this initiative, enabling the execution phase to commence with operations expected by 2028.

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