Technip Energies and GE Vernova secure Net Zero Teesside power project

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.