Energy giants bp, Eni, Equinor, National Grid, Shell and Total announced today the formation of Northern Endurance Partnership (NEP), aimed at developing offshore carbon dioxide (CO2) transport and storage infrastructure in the UK North Sea. The NEP infrastructure, to be operated by bp, will serve the proposed Net Zero Teesside (NZT) and Zero Carbon Humber (ZCH) projects.
Net Zero Teesside is a Carbon Capture, Utilisation and Storage (CCUS) project, based in Teesside in the North East of England. Zero Carbon Humber is a consortium of leading energy and industrial companies with a shared vision to transform the Humber region into the UK’s first net-zero carbon cluster by 2040. Together, the decarbonization projects are intended to kick start decarbonization of industry and power in two of the UK’s largest industrial clusters.
According to the partners, NEP linked to NZT and ZCH will allow decarbonization of nearly 50% of the UK’s industrial emissions.
Andy Lane, Vice President 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 decarbonize the local economy and contributing to the UK’s climate goals.”
The partners stated that NEP has submitted a bid for funding through Phase 2 of the UK government’s £170 million Industrial Decarbonisation Challenge, which is part of the broader £4.7 billion Industrial Strategy Challenge Fund set up by the government to address the biggest industrial and societal challenges using research and development based in the UK. According to NEP, the application is an important step towards enabling the development of integrated offshore carbon storage for NZT and ZCH in the UK Southern North Sea.
Grete Tveit, Senior Vice President for low carbon solutions at Equinor, said:
“Carbon capture and storage is a crucial technology for reaching the goals of the Paris Agreement and we are committed to working with others to create real change. We believe that with our partners in the Humber, Teesside and the Northern Endurance Partnership we can deliver deep decarbonization of these major UK industrial clusters using CCUS and hydrogen, safeguarding jobs and helping develop world-leading low carbon expertise that can play a leading role in the UK’s journey to net zero by 2050.”
Martin Cook, Senior Vice President for Business Development for National Grid Ventures , said:
“National Grid sits at the heart of the UK’s energy system and we want to contribute to the economic recovery through investing in solutions to support a net zero future. The Northern Endurance Partnership will channel the extensive experience of its members to develop and deliver the offshore transport and storage infrastructure we need to unlock the enormous benefits of deploying CCUS across the Humber and Teesside. We’re delighted to start working together with five really world class energy companies to deliver a solution that will play a critical role in decarbonizing the UK’s largest industrial heartland and protecting tens of thousands of jobs in the process.”
The post Energy Companies Partner on Infrastructure Enabling Large-Scale Industrial Decarbonization in UK appeared first on ESG Today.