Technip Energies, GE Vernova, and Balfour Beatty have been awarded the engineering, procurement, and construction contract for the Net Zero Teesside Power (NZT Power) project, the world’s first gas-fired power plant with carbon capture and storage (CCS).
The UK government’s £21.7 billion ($13.87 billion) funding for carbon capture initiatives enabled the project’s financial close. The plant aims to generate 742MW of low-carbon electricity, enough to power one million UK homes, while capturing up to 2 million metric tonnes of CO₂ annually. The CO₂ will be stored by the Northern Endurance Partnership.
Technip Energies’ CEO, Arnaud Pieton, highlighted the project’s role in advancing carbon capture technology and achieving the UK’s net-zero goals by 2050. The plant will integrate GE Vernova’s 9HA.02 gas turbine and utilize Shell’s CANSOLV CO₂ capture system under Technip Energies’ “Canopy by T.EN” solution.
GE Vernova CEO Maví Zingoni emphasized the significance of CCS technology in decarbonization, describing the project as a cornerstone for future industry developments.
The UK-backed project is expected to create 3,000 construction jobs and sustain 1,000 operational roles annually, attracting substantial private investment while driving innovation and collaboration in low-carbon energy solutions.