Net Zero Teesside Power’s proposed combined cycle gas turbine electricity generating station will have an electrical output of up to 860 megawatts (MW) of low carbon electricity, enough to power up to 1.3m homes per year. From the power plant alone, the proposed carbon transportation and storage infrastructure will capture and store up to two million tonnes of CO2 a year.¹,²
These proposals help support the UK government’s commitment to fully decarbonize the power system in the UK by 2035 and will help to enable greater deployment of renewable energy such as wind and solar by providing flexible, dispatchable low carbon electricity generation which backs up intermittent renewables – crucial for periods when the wind isn’t blowing, and the sun isn’t shining.
In January 2022, NZT Power submitted a bid into phase-2 of the UK Government’s Carbon Capture, Usage and Storage (CCUS) cluster sequencing process. If successful, NZT Power will be eligible for government business model support.
Also in January 2022, an exciting partnership was agreed with NOF, a regional business development specialist for the energy sector, to support supply chain engagement. The Durham-based organisation works closely with its strategic partners to give them access to its membership base, which includes innovative, technology-led supply chain companies.
The NOF partnership follows the award of contracts in December 2021 by the NZT Power partners, bp and Equinor, to two consortia of engineering companies and major suppliers, as part of its dual Front End Engineering Design (FEED) competition.
¹ Based on average household consumption data from BEIS, ‘Subnational Electricity and Gas Consumption Statistics’, 22 December 2020
² Based on total UK households equalling 27.8m, as stated in the Families and households in the UK: 2020 report published by the Office for National Statistics on 2 March 2021