Major Green Energy Projects Set to Boost Teesside Economy
Key Ideas
  • Costain, bp, and Equinor to begin construction on two East Coast Cluster projects in Teesside from mid-2025, with a targeted start-up in 2028.
  • Government's £22bn investment in hydrogen and carbon capture and storage (CCS) over the next 25 years seen as launching a new era for clean energy in Britain.
  • Projects aim to create thousands of skilled jobs, boost energy security, and support industries in the Teesside region, contributing to UK's decarbonisation goals.
  • Significant step towards UK decarbonisation with environmental benefits, job creation, skill development, and improved livelihoods highlighted by project stakeholders.
Costain, bp, and Equinor have received approval to proceed with two major green energy projects in Teesside, set to begin construction in mid-2025 with a planned start-up in 2028. These projects, part of the East Coast Cluster, aim to boost clean energy in Britain and contribute to the country's decarbonisation efforts. The government's substantial £22bn investment in hydrogen and carbon capture and storage (CCS) over the next 25 years is seen as a significant step towards a greener future. Energy Secretary Ed Miliband praised the projects for enhancing energy security, supporting industries, and creating skilled jobs in Teesside and the North East. The initiatives include a gas-fired power station with carbon capture and storage, alongside CO2 transportation and storage infrastructure for multiple carbon capture projects. The investment program is valued at around £4bn and is expected to revitalize the local economy, develop skills, and improve lives in the Teesside region. Project stakeholders emphasize the environmental benefits, job creation, and skill development these projects will bring, positioning them as key contributors to the UK's Net Zero emissions target by 2050.
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