CCS infrastructure drives economic growth on Teesside

A report by the Northern Endurance Partnership (NEP) indicates that carbon capture and storage (CCS) infrastructure is driving economic benefits and reindustrialisation in the UK, specifically on Teesside. The development is closely tied to the Net Zero Teesside Power project, which is expected to sustain over 3,000 jobs during its construction phase.

To date, more than £2.1 billion has been awarded to UK suppliers, resulting in 300 subcontracts. Over half of the supply-chain content is being sourced domestically. Additionally, funding is supporting clean energy career training for 175 young people in the Teesside region.

The report also identifies future economic potential in the Humber region, where new CCS infrastructure could contribute approximately £3 billion to the UK Gross Value Added (GVA) during the construction period.