Paris, France Technip Energies, a leading energy transition company, has partnered with GE Vernova and construction firm Balfour Beatty to deliver a critical project in the UK’s journey towards net-zero emissions. This collaboration marks a significant step forward for the Net Zero Teesside (NZT) Power project, one of the world’s first commercial-scale gas-fired power stations with integrated carbon capture technology.

Project Highlights

• Capture up to 2 million tonnes of CO2 per year – a substantial contribution to decarbonization efforts.
• Provide flexible, dispatchable low-carbon power equivalent to the electricity needs of 1.3 million UK homes.
• Support the development of carbon capture technology, aligning with the UK government’s net-zero goals.

Collaboration for a Sustainable Future:

Following a Letter of Intent from bp on behalf of NZT Power Limited, the consortium will move into the execution phase of the project. This selection signifies a major milestone for the NZT Power project, positioning it as a frontrunner in clean energy solutions.

Technological Expertise

The project will leverage the expertise of each consortium member:

• Technip Energies brings its industry-leading Canopy by T.EN™ carbon capture solution, powered by Shell CANSOLV® CO2 capture technology.
• GE Vernova contributes its advanced 9HA.02 gas turbine technology for efficient power generation.
• Balfour Beatty provides its extensive experience in complex infrastructure projects.
• Joint Commitment to UK’s Net-Zero Ambitions:

This collaboration reflects a shared commitment to the UK’s net-zero goals. The project aligns with the government’s £20 billion investment plan to support carbon capture, usage, and storage (CCUS) technology across the country.

Quotes from Key Players

• Arnaud Pieton, CEO of Technip Energies: “This project showcases Technip Energies’ leadership in CCUS solutions. By capturing significant CO2 emissions, we contribute to sustainable and accessible energy at scale.”
• Maví Zingoni, CEO, Power at GE Vernova: “The NZT Power project paves the way for a fully decarbonized UK power system by 2035. GE Vernova’s expertise will ensure efficient integration of carbon capture technology.”
• Leo Quinn, CEO of Balfour Beatty Group: “Today’s announcement brings us closer to realizing a world-first commercial-scale gas-fired power station with carbon capture. We are well-positioned to support this critical project and demonstrate the UK’s leadership in decarbonization.”

About the Companies:

Technip Energies: A leader in energy transition solutions, with expertise in LNG, hydrogen, and CCUS technologies.
GE Vernova: A planned global energy company focused on power, wind, and electrification, with a commitment to decarbonization.
Balfour Beatty: A leading international infrastructure group delivering complex and critical infrastructure projects worldwide.
Forward-Looking Statements:

This press release includes forward-looking statements based on current expectations and projections. The companies involved acknowledge inherent risks and uncertainties that could cause actual results to differ materially from those anticipated.

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