We don’t stand for hot air around here
Net Zero Teesside is a Carbon Capture, Utilisation and Storage (CCUS) project, based in the North East of England. In partnership with local industry and with committed, world class partners, it will decarbonise a cluster of carbon-intensive businesses by as early as 2030. Each year, the Project plans to capture up to 6 million tonnes of carbon dioxide emissions, the equivalent to the annual energy use of up to 2 million homes in the UK.
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CCUS can play a significant role in local and national plans for regional development, and in the UK’s industrial strategy for a low carbon Northern Powerhouse. Net Zero Teesside will deliver local jobs and economic growth, supporting up to 4,000 direct and indirect jobs during construction.
The project has the potential to regenerate and revitalise the region with new technologies and investment as carbon dioxide utilisation companies are attracted by this new hub for CCUS technology. As a project that is pioneering CCUS technology and the way that it is applied, Net Zero Teesside will build world-leading skills and capabilities that can provide the opportunity to grow exports and create jobs.
We bring together the expertise of world class industry players with experience in successfully developing CCUS facilities, with the proven ability to build at the scale needed to decarbonise the UK’s economy. We are committed to working closely with the UK Government to reduce the cost and increase the efficiency of deploying CCUS. This will allow growth in this sector overall and the industries that it supports, but also ensure that future projects are less reliant on state support. It is a critical project to help meet national climate targets.
An extensive model of the benefits and costs of a CCUS industry on the east coast estimated a £160 billion gross benefit across the next 40 years.
>1000 Mt CO2
Teesside’s location offers access to storage sites in the southern North Sea with more than 1000 Mt of CO2 storage capacity.
Teesside industries account for 5.6% of industrial emissions in the UK and the site is home to 5 of the UK’s top 25 CO2 emitters.
The project will deliver local jobs and economic growth, supporting up to 4,000 direct and indirect jobs during construction.
The project is being developed to store up to 6Mt of CO2 each year – the equivalent to the annual energy use of over 2 million homes.
In the IEA Sustainable Development Scenario, CCUS accounts for 7% of the cumulative emissions reductions needed globally by 2040.
Net Zero Teesside is uniquely positioned to become the UK’s first decarbonised industrial cluster.