Equinor’s projects to deliver deep cuts in emissions
All three of Equinor’s projects to deliver deep cuts in emissions from industries and support clean growth on the UK’s east coast have received public funding from UK authorities. With a combination of private and public funding, Equinor and its partners will now progress these projects in order to create the world’s first net zero industrial cluster by 2040.
On 17 March 2021 the UK Government announced the funding awards under the UK’s Industrial Strategy Challenge Fund (ISCF) to three project consortia in which Equinor is directly involved:
Zero Carbon Humber (ZCH), a twelve-company partnership to turn the UK’s largest industrial cluster net zero through the step-wise deployment of low carbon hydrogen, carbon capture and negative emissions being 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 Ventures.
Net Zero Teesside (NZT), a five-company partnership to decarbonise the Teesside industrial cluster with carbon capture and build a new gas-fired power station with state-of-the art carbon capture technology.
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 GBP 229 million in private and public funding, with Equinor and its partners contributing more than two-thirds of the total.
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