NZT is part of the East Coast Cluster and represents the vision to decarbonise industry using CCUS on Teesside, serviced by the Northern Endurance Partnership.
We’re incredibly pleased to announce that NZT Power has been selected as part of the Track 1 Negotiations Project List by @energygovuk Department for Energy Security and Net Zero (DESNZ).
Today, Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) have selected contractors for engineering, procurement, and construction contracts with a combined value of around £4bn https://t.co/6FQgBLNXN4 (1/4)
The final award of contracts is subject to the receipt of relevant regulatory clearances and positive Final Investment Decisions (FID) by the projects and UK government, planned for September 2024 or earlier.(3/4)
The planned NZT Power project, which aims to be one of the world's first commercial scale gas-fired power stations with carbon capture, took another step forward after receiving development consent.
At NZT Power, we continuously strive to engage with innovative, technology-led supply chain companies sharing our ambition to transform Teesside into UK’s first decarbonised industrial cluster.
The NZT Power project is expected to provide dispatchable low-carbon electricity sufficient for around 1.3 million homes, which is nearly 5% of all homes in the UK, and will enhance the deployment of carbon capture technology.
CCUS can tackle CO2 where technology options are restricted. Investments have accounted for only 0.5% of global investments in clean energy, but recent advancements in CCUS projects could double CCUS developments by 2025.
With our partners @bp_UK we're progressing work at @NetZeroTeesside ⛏️for one of the world's first carbon capture power stations, helping to decarbonise the Teesside industrial region 🏭and create jobs 👩🔧👷♂️, with CO2 safely stored under the North Sea via @EastCluster
Energy diversification is a vital component in ensuring energy security and robustness against energy price fluctuations. The NZT Power project is expected to provide flexible low-carbon electricity for around 1.3 million homes.
Visit https://t.co/UMViM1BoTm for more.
The Global CCS Institute predicts that CCS could cut global CO2 emissions by 15% by 2050.🌍 With low-carbon hydrogen and CCUS technologies, NZT Power is leading the charge in curbing CO2 emissions, paving the way for a greener future. #NetZero
Learn more👉 https://t.co/UwYg4sMUtz
We’ve completed a major milestone in the journey towards one of the UK’s first fully decarbonised #industrialclusters, working alongside @bp_plc on the #engineering design for pipelines for the East Coast Cluster #ccs project @NetZeroTeesside. Read more https://t.co/Z1LC4GHiZt
NZT Power is a groundbreaking project striving to make Teesside the world's first net-zero industrial cluster. With innovative technologies, we're leading the charge in decarbonising industries.
Follow our journey 👉 https://t.co/WRc7iKrrfa
The Net Zero Teesside Power plant will capture and store up to 2 million tonnes of CO2 annually, contributing to the UK's transition to a green economy.
Check out the video in this link to learn more about the innovative project:
https://t.co/UMViM1BoTm
NZT Power's selection for the government’s Cluster Sequencing Phase 2 process is a positive step forward for Teesside as we work to realize the economic benefits and energy security we can bring to the UK.
https://t.co/4JsQskpYYc
As of March 2023, NZT Power was named on the Track-1 negotiations project list as part of Phase 2 of the Cluster Sequencing process for CCUS. NZT Power will export low carbon power to the grid, powering over a million homes.
https://t.co/w0IT8T6ZRa