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[waldron] 06/10/2024 16:19

BP, Equinor GBP4 billion carbon capture project approved in UK

October 06, 2024 at 09:46 am


(Alliance News) - A GBP4 billion project to build an industrial-scale carbon capture, utilisation and storage facility in North East England has been approved by the UK government.

Work on the Net Zero Teesside project, led by BP PLC and Equinor ASA, is set to start by the end of this year with operations expected to begin in 2027.

The proposed power station will generate up to 860 megawatts of low-carbon electricity – enough to power up to 1.3 million UK homes, according to South Tees Development Corp.

Up to two million tonnes of CO2 emissions from the power station will be captured each year – emissions which would otherwise be released into the atmosphere.

Tees Valley Mayor Ben Houchen, who hopes Teesside can become a global leader for green energy, described it as "a monumental day", and Chris Musgrave, chairman of the Teesworks industrial zone, said it is "fantastic news" that could bring jobs and investment to the region.

The captured CO2 will be transported by the Northern Endurance Partnership by pipeline to a geological site under the North Sea, where it will be permanently stored.

Houchen said the NZT project "will provide power to 1.3 million homes, help with energy security, but more importantly it will give generational job opportunities to local people" as the Teesworks area provides investment, training and local jobs.

He said Teesworks has already transformed the site and secured billions of pounds of private investment, adding: "Teesside is no longer seen as an old industrial heartland in decline – we are now a global player leading the world once again and I'm delighted to deliver another promise as mayor.

"This is a day that we look back on as the start of a golden generation for Teesside."

The aim is for projects at Teesworks over the next decade to help boost local revenues, with income from business rates expected to increase by GBP79 million annually once large-scale projects become fully operational, according to the corporation.

Dynamic battery storage, sustainable aviation fuels and hydrogen fuel production could be among the clean energy projects.

Musgrave added: "Over the past few years, we've been clearing the former steelworks and preparing the site for projects like this. It's a huge step towards a greener future for us all, and I'm proud that the Teesworks site will be at the heart of it."

source: PA

Alliance News Ltd.

[skinny] 06/10/2024 15:20

veryniceperson - the link is in post 11999.

[putinaire] 06/10/2024 14:21

Response to Macron

[putinaire] 06/10/2024 13:37

I rest my case

[veryniceperson] 06/10/2024 13:27

No luck, no link. No worries skinny

[putinaire] 06/10/2024 13:23

Sad to say, the UK has become a morally valueless society. (Cloaked by valueless values) t needs to learn much from the east

[putinaire] 06/10/2024 13:20

If I was ro do that, I'd deem you all disgusting little gerbils with fur covered in excrement

[putinaire] 06/10/2024 13:18

As a wise man once said

'We all have different food favourites. None are universally disgusting. Simply a matter of taste. Judging others solely on own tastes, is a narrow mind indeed'

[putinaire] 06/10/2024 13:15

I could get a new Sunday hobby. On advfn complaining about everyone else's

This is the UK? Not fkn Iran. Do what I like

[oneillshaun] 06/10/2024 13:09

I have this guy filtered, he needs to get a hobby WTF

[putinaire] 06/10/2024 13:08

Anyway, I don't mind saying, isreal are right.

[putinaire] 06/10/2024 13:03

Was an awful choice re collateral damage thats used as protection or let the ring of fire build to an unbeatable position. Awful, but little choice.

Fully support Isreal and its nothing to do with religion or people's. It's simply a must for them and the west

Isreal lose? We all lose . And that includes much of the middle east

If the west had balls like isrealis or Ukrainians, be a great world

[putinaire] 06/10/2024 12:58

Climate ?
If isreal lose your grandchildren are fkd anyway

[putinaire] 06/10/2024 12:29

I saw one report back in June or July, that made a no brainer case for China stimulus by the end of H2 . Was impressive but I suppose they have to be to get funds to buy them