News

Industry coalition demonstrates the financial case to seed clean industrial growth in Tees Valley

Teesside Collective publishes viable finance proposal to support unique Industrial Carbon Capture and Storage (CCS) network. Finance mechanism would see Government and industry share costs to clean up energy-intensive facilities. Total cost of this model, including access to a transportation and storage network, is £58/tonne CO2 – making Industrial CCS as significant as offshore wind (£200/tCO2) and new nuclear power …

Study to develop finance model for Industrial CCS on Teesside

24th October 2016

A financially viable means of getting Industrial Carbon Capture and Storage (CCS) off the ground is to be studied by consultants working for Teesside Collective, the cluster of energy-intensive industries announced today. Pöyry Management Consulting has been commissioned to refine and develop the Hybrid Incentive Model for an Industrial CCS network in Teesside, as well as recommend a regulatory regime …

Teesside could decarbonise soft drink bottle supply chain

First-of-a-kind carbon capture plant could decarbonise soft drink bottle supply chain Demonstration centre to provide a base for bringing carbon capture and utilisation tech to market Oxburgh report highlights job creation potential of Teesside CCS hub A contract that puts Teesside at the forefront of innovative carbon capture and usage technology has been awarded today by Teesside Collective, the leading …

Tender issued for Industrial CCS investment mechanism refinement & regulatory regime options

Tees Valley Combined Authority is seeking quotations for the refinement and development of the Hybrid Incentive Model for Industrial CCS developed as part of the Teesside Collective Industrial CCS Blueprint, in addition it will recommend a regulatory regime to manage the system. This work will take account of existing documented work on Industrial CCS financing, storage and regulation. Estimated value: £90,000.00 …

Carbon capture can drive a 21st century revival of British industry

Renaissance beckons for the once great industrial hubs of northern England and Scotland, and the unexpected catalyst may be stringent global climate controls. What looks at first sight like an economic threat could instead play elegantly to Britain’s competitive advantage, for almost no other country on earth is so well-placed to combine energy-intensive manufacturing with carbon capture at a viable …

Tees Valley supports Carbon Capture and Storage testing project

Tees Valley is enhancing its Carbon Capture and Storage (CCS) credentials after being chosen by Edinburgh University as the location for a CCS project. Tees Valley Combined Authority is committed to become a high-value, low-carbon economy and to support energy intensive companies in the area.

Watch H21 Leeds City Gate film

  Ambitious plans to convert significant parts of the UK gas grid to be 100% hydrogen were launched by a project team led by Northern Gas Networks at an event in Westminster on 11 July 2016. More than 200 MPs, government representatives, sustainable energy experts and academics from across the UK attended the launch of the H21 Leeds City Gate …

Heseltine report supports Teesside Collective’s objectives

Teesside Collective welcomes the launch of Lord Heseltine’s report on economic opportunities in Tees Valley and his strong recommendations around progressing our industrial carbon capture and storage initiative. Continuation of Government funding as we update our business case and demonstrate value for money in this arena will be important to grow the project going forward as we start to develop …

SABIC joins growing clean industry network

Teesside Collective expands to include petrochemicals manufacturer SABIC DECC confirms continued funding for wider scope of work Teesside Collective today announced the addition of a major industrial player to the group of companies working to decarbonise the UK’s industrial base. SABIC, which manufactures petrochemicals on Teesside, has become the latest member of the project, alongside BOC, Lotte Chemical UK, CF …