All three of Equinor’s projects to deliver deep cuts in emissions from industries in the north-east of England have received public funding from UK authorities.
All three of Equinor’s projects to deliver deep cuts in emissions from industries in the north-east of England have received public funding from UK authorities. Equinor and its partners will now progress these projects in order to create the world’s first net zero industrial cluster by 2040.
Firstly, the UK government announced funding for Zero Carbon Humber (ZCH), a 12-company partnership to turn the UK’s largest industrial cluster net zero through deployment of low carbon hydrogen, carbon capture and negative emissions delivered at sites across the Humber estuary. The first project is the Equinor-led H2H Saltend low carbon hydrogen facility and a hydrogen and carbon dioxide (CO2) pipeline network across Humber industrial sites developed by National Grid
The second project is Net Zero Teesside (NZT), a five-company partnership to decarbonize the Teesside industrial cluster with carbon capture and build a new gas-fired power station with state-of-the art carbon capture technology.
The third project is the Northern Endurance Partnership (NEP), a six-company partnership (with ENI, National Grid, Shell, Total and operator BP) to develop offshore carbon dioxide transport and storage infrastructure in the UK North Sea that will serve both ZCH and NZT.
The three successful bids amount to £229 million (£314 million) in private and public funding, with Equinor and its partners contributing more than two-thirds of the total.
The funding will be used in each project to move through the detailed engineering and design stages and progress to the point where a final investment decision (FID) on each can be taken.
‘The Humber and Teesside make up nearly half of the UK’s industrial emissions so, to reach net zero, there is enormous value in tackling emissions at both clusters together,’ said Grete Tveit, senior vice president for low carbon solutions in Equinor.
