Together we make it happen
Net Zero Teesside is a full chain CCUS project, comprising of a consortium of five OGCI members – BP, Eni, Equinor, Shell and Total, with BP leading as operator. The project benefits from the technical and commercial expertise of the oil and gas companies within this consortium, which was formed to accelerate the development. It was identified in September 2019 as one of five global CCUS hubs for OGCI’s CCUS KickStarter initiative, aimed at unlocking and bringing forward large-scale investment in the technology.
We are working closely with key regional stakeholders, including Tees Valley Mayor Ben Houchen, the Tees Valley Combined Authority (TVCA), local industry and communities. We are also working with a number of multinational companies in the Teesside industrial cluster to establish the Project as one of Europe’s most attractive locations for future clean industrial development.
Collaborating to accelerate progress
The Northern Endurance was formed between NZT consortium partners bp, Eni, Equinor, Shell and Total and National Grid to develop carbon dioxide transport and storage infrastructure in the UK North Sea, with bp as the operating company. This infrastructure will serve Net Zero Teesside and the nearby CCUS project Zero Carbon Humber (ZCH).
Andy Lane, vp of CCUS solutions at bp and managing director for Net Zero Teesside, said: “The formation of the Northern Endurance Partnership is another significant milestone towards developing the offshore infrastructure that will be needed to safely transport and store CO2 from CCUS projects along England’s east coast. The partnership and our joint bid demonstrate industry’s willingness to come together and collaborate wherever possible to accelerate making CCUS a reality in the UK, helping to decarbonise the local economy and contributing to the UK’s climate goals.”
The partners of Net Zero Teesside are working closely with the UK Government on a supportive policy framework to enable the UK to become a leader and exporter of CCUS technologies globally.
In March 2020, the UK Government launched a new CCS Infrastructure Fund of at least £800 million which will help establish CCS in at least two sites. A further £200 million was committed as part of the Government’s Ten-Point Plan for a Green Industrial Revolution.
The development of business models is a key requirement for CCUS – they provide investors with confidence on the commerciality of projects.
With ambitious government support, the UK can be a world leader in CCUS development, providing new economic opportunities, jobs and skills.