Work starts on Teesworks carbon capture power station
Construction work has begun at the former Redcar steelworks which will become the home to the world-leading Net Zero Teesside Power project.
The preparatory work by Teesworks is underway following the recent signing of an option-for-lease agreement between NZT Power partners bp and Equinor, and Teesworks. The deal could see the multi-billion-pound scheme become an anchor tenant at Teesworks – the UK’s largest industrial zone.
NZT Power aims to be the world’s first gas-fired power station with carbon capture and storage capability, and will help drive Teesside’s aim to become the UK’s first decarbonised industrial cluster as early as 2030.
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 Northern Endurance Partnership by pipeline to a geological storage site under the North Sea, where it will be permanently and safely stored.
Martin Corney, Teesworks CEO, said: “We’re delighted to take this crucial next step which paves the way for the world-first Net Zero Teesside project, which pioneers the advancement of the globe’s low carbon industries on our doorstep, and help future tenants achieve their own low carbon ambitions.
“Now that all the structures are down, we can get on with the vital remediation work needed to make this project a reality.”