Investment confirmed for Teesside carbon capture gas-fired power station

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 for the world’s first gas-fired power station with carbon capture and storage capability.

As well as creating up to 4,000 jobs, the project will help drive Teesside’s aim to become the UK’s first decarbonised industrial cluster as early as 2030.

The selection of leading specialist contractors, for the steel-framed main build, includes Balfour Beatty and Costain.

The proposed power station will generate up to 860 megawatts of low carbon electricity – enough to power up to 1.3 million UK homes.

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.

The captured CO₂ will then be transported by the NEP by pipeline to a geological storage site under the North Sea, where it will be permanently and safely stored.

Tees Valley Mayor Ben Houchen said: “We are delivering the highly-skilled well-paid jobs of the future as part of these world-leading developments that have established our area as a world-leading centre in the clean, green industries of the future.

“This would be the single biggest investment in Teesside since ICI. It cannot be understated the transformational economic impact this will have right across Teesside, Darlington and Hartlepool.”