Energy Companies Partner To Curb Emissions
By DJ Slater26 October 2020
BP, along with Eni, Equinor, National Grid, Shell and Total formed a partnership to develop offshore carbon dioxide transport and storage infrastructure in the United Kingdom’s North Sea. The partnership, known as the Northern Endurance Partnership (NEP), will take part in two projects aimed at decarbonization.
The projects are the Net Zero Teesside (NZT) and Zero Carbon Humber (ZCH), designed to reduce emissions in Teesside and Humberside, two of the United Kingdom’s largest industrial areas. Both projects will be commissioned by 2026 to achieve net-zero emissions as early as 2030 through a combination of carbon capture, hydrogen and fuel-switching, according to BP.
The NEP seeks funding through Phase 2 of the U.K. government’s Industrial Decarbonization Challenging, aimed at developing an offshore pipeline network to transport captured CO2 emissions from NZT and ZCH to offshore geological storage beneath the North Sea.
The £170 million Industrial Decarbonization Challenge is part of the £4.7 billion Industrial Strategy Challenge Fund set up by the U.K. government to address the biggest industrial and societal challenges using research and development.