£75m Zero Carbon Humber scheme bid put to government to green up heavy industry

£75m Zero Carbon Humber scheme bid put to government to green up heavy industry

A £75 million bid to accelerate the cleaning up of heavy industry on the Humber has been submitted to government. Twelve leading companies and organisations that form the Zero Carbon Humber partnership have signed off the application for the huge carbon capture and hydrogen production scheme involving a pan-regional pipeline and subsea storage.

Together they represent thousands of employees, and by targeting the most carbon intensive area in the UK, aim to take a huge step towards 2050 targets, supporting clean growth and future-proofing vital industries – protecting and creating jobs. Uniting international energy companies, heavy industry, leading infrastructure and logistics operators, global engineering firms and academic institutions in a plan to create the world’s first net zero industrial cluster by 2040, the scheme is enabled by shared infrastructure.

On board are Associated British Ports, British Steel, Centrica Storage Ltd, Drax Group,  Equinor, Mitsubishi Power, National Grid Ventures, PX Group, SSE Thermal, Saltend Cogeneration Company Ltd, Uniper, and the University of Sheffield’s Advanced Manufacturing Research Centre. Initial work has forecast it could reduce the UK’s annual emissions by 15 per cent and save industry around £27.5 billion in carbon taxes by 2040. It could safeguard 55,000 existing jobs in the region, while creating thousands of new roles and developing skills, apprenticeships and educational opportunities.

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Source: BusinessLive

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