NET ZERO
World first – The Net Zero Teesside Power plant site , as seen from the air .
READY FOR TAKE-OFF !
NZT Power and NEP select contractors for £ 4bn construction contracts
Contracts for engineering , procurement and construction with a combined valued of around £ 4bn have been awarded by Net Zero Teesside Power ( NZT Power ) and the Northern Endurance Partnership ( NEP ).
The selection of nine leading specialist contractors across eight contract packages is a major milestone for the Teesside-based projects , which would contribute to the UK ’ s journey towards net zero emissions by 2050 .
The final award of contracts is subject to the receipt of relevant regulatory clearances and positive final investment decisions ( FID ) by the projects and the UK government , planned for September 2024 or earlier . Following FID , the projects would aim for first commercial operations from 2027 . The contractors are : Onshore power , capture and compression : Technip Energies and GE Vernova consortium including Balfour Beatty as the construction partner and Shell as the technology licensor
Onshore CO2 gathering system and gas connection : Costain
Linepipe – onshore and offshore : Marubeni-Itochu Tubulars Europe plc with Liberty Steel Hartlepool , Corinth Pipeworks and Eisenbau Kramer GmbH as the nominated pipe-mills
Offshore pipeline , landfalls , onshore
This investment of £ 4bn will support businesses up and down the local supply chain .”
outlet facilities and water outfall : Saipem Offshore subsea injection system :
TechnipFMC Power and communications cable :
Alcatel Submarine Networks Offshore systems engineering : Genesis Integrated project management team :
Wood The projects represent a significant opportunity for the UK supply chain . The selected contractors will continue working with the local and regional supply chain , with further engagement taking place over the coming weeks and months .
NZT Power managing director Ian Hunter said : “ The selection of contractors is a major step forward for Net Zero Teesside Power . We have selected worldclass partners who have the experience and capability needed to deliver .
“ We aim to take final investment decision in September 2024 or before , after which we ’ d look forward to working with our EPC partners through the construction phase .”
NEP general manager Chris Daykin said : “ The selection of contractors is a clear signal of momentum within the East Coast Cluster . The Northern Endurance Partnership ’ s CO2 pipelines are essential to connect carbonintensive projects to offshore storage and would play an important role in helping the region pursue its net zero plan .”
Tees Valley mayor Ben Houchen added : “ This would be the single biggest investment in Teesside since ICI . The transformational economic impact this will have right across Teesside , Darlington and Hartlepool cannot be overstated .
“ Our area is now the world-leading centre in developing the clean , green industries of the future , which most importantly will deliver the highly skilled , well-paid jobs of the future .
“ This investment of £ 4bn will support businesses up and down the local supply chain with companies like Hartlepool-based Liberty Steel already netting a multi-millionpound contract .
“ I will continue to work to ensure local British firms benefit from this colossal investment as this world-first project moves forward to a final investment decision in September .”
The voice of business in the Tees region | 31