?? Happy Friday everyone! Net Zero Teesside, the £4billion project led by bp and Equinor has today received the green light from Government. A monumental day for the region with much to celebrate. ??
The project will establish the world’s first industrial-scale carbon capture, utilisation, and storage (CCUS) facility at Teesworks, further enhancing Teesside’s reputation as a global leader in green energy, driving energy transition and net zero.
It is a regional project of national importance.
NOF has been working closely with bp on early supplier engagement, so we expect to see activity in this area ramp up with work expected to begin by the end of the year. If you want to see the film from the recent NZT Power supplier day ??
https://lnkd.in/en7HrP9N
Not only will this project create 3,000 construction jobs and 1,000 permanent jobs once the plant is operational, it is expected to add up to £300million to the economy per year. Just wow...
One thing is for sure, Teesside is no longer seen as an old industrial heartland in decline, we are now leading the way and at the forefront of clean energy in the UK.
Overall, the UK government today announced up to £21.7bn of support for projects in both Teesside and Merseyside, which includes the Hynet project. The North of England is on a roll
Judging from the presentations at yesterdays NOF net zero supply chain conference and exhibition in Teesside which saw many local clients presenting on net zero projects, I would say, its onwards and upwards for the UK CCS industry and Teesside is at the centre of it
As I said Happy Friday everyone ??
#keepconnectedwithnof
Throwback to a fantastic day at the Net Zero Teesside (NZT) Power & Northern Endurance Partnership Supply Chain Engagement Event for bp at Hardwick Hall Hotel in Sedgefield.???
?
It was great to see so many companies from across the North of England in attendance, and inspiring to see suppliers and contractors coming together.?
Watch the video below to see the day’s highlights. ????????
?
A big thank you to bp for giving the NOF team the opportunity to organise this event, and to David Bell ?? for the videography. ???????
?
#NetZero #CCUS #NOF #stayconnectedwithNOF #NOFevents