SUBSCRIBE
PROFILE

Technip Energies wins a billion-dollar contract for a gas-fired carbon capture plant in the UK

Technip Energies, in partnership with GE Vernova and Balfour Beatty, is building the UK’s first gas-fired plant equipped with a carbon capture system, marking a significant step in reducing industrial emissions.

Share:

Gain full professional access to energynews.pro from 4.90€/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90€/month*

No commitment – cancel anytime, activation in 2 minutes.

START NOW — 4.90€/month

*Special launch offer: 1st month at the indicated price, then 14.90 €/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99€/year*

To access all of energynews.pro without any limits

SUBSCRIBE — 99€/year

*Introductory annual price for year one, automatically renewed at 149.00 €/year from the second year.

Sign up for free to unlock this article

The French group Technip Energies has announced that it has secured a strategic contract from NZT Power Limited to develop a gas-fired power plant featuring a carbon capture and storage (CCS) system. This project will be located in the northeast of England, a crucial region for the UK’s energy transition.

The plant, designed to generate up to 742 megawatts of flexible, low-carbon electricity, will supply the equivalent of over one million British households. Using an innovative capture system, up to 2 million tons of carbon dioxide (CO2) will be extracted annually, transported, and permanently stored. This breakthrough relies on Shell’s “Cansolv” technology, engineered to optimize greenhouse gas reduction in large-scale energy infrastructure.

A key contract for Technip Energies

Valued at more than one billion euros, this project strengthens Technip Energies’ leadership in carbon capture technologies. Together with GE Vernova and Balfour Beatty, the group will oversee the CCS technology integration and plant construction.

Arnaud Pieton, CEO of Technip Energies, stated: “This contract demonstrates our ability to deliver solutions that address global climate challenges. Carbon capture is essential to achieving the goals set by the Paris Agreement and decarbonizing the energy sector at scale.”

Significant support from the UK government

This project is part of a £21.7 billion investment by the UK government in carbon capture and storage technologies for industrial and energy emissions. This initiative is aimed at accelerating the country’s path to carbon neutrality by 2050.

Carbon capture (CCS) involves capturing CO2 directly at the source, such as factories or power plants, to prevent its release into the atmosphere. This process is distinct from direct air capture (DAC), which targets emissions already present in the atmosphere. By capturing emissions upstream, CCS offers an immediate and effective response to climate challenges.

Towards a global reference in carbon capture

The gas-fired plant by NZT Power Limited could become a global model for integrating carbon capture and storage technologies. It will address both the UK’s energy needs and global environmental objectives. By bringing together key industry players and advanced technologies, this project paves the way for energy solutions that are both reliable and environmentally friendly.

  • Popular on energynews.pro
Petrobras takes 27.5% stake in Block 4 offshore São Tomé with Shell and Galp
Italy could unlock €16bn in hydropower through new concession model
Orazul Energy launches cash tender offer for its 2027 notes
Sub-Saharan Africa LNG exports expected to triple by 2034
Westinghouse and EDF reactors deemed viable for Slovenia’s JEK2 nuclear project
European carbon prices climb above €76 on compliance-driven demand
European carbon allowance prices reached a six-month high, driven by industrial compliance buying ahead of the deadline and rising natural gas costs.
Zefiro completes carbon credit delivery to EDF Trading for 92,956 tonnes of CO2
Zefiro Methane Corp. completed the delivery of carbon credits to EDF Trading, validating a pre-sale agreement and marking its first revenues from the voluntary carbon market.
Hanwha Power Systems to deliver CO₂ MVR compressors for a CCUS project in Europe
Hanwha Power Systems has signed a contract to supply mechanical vapour recompression compressors for a European combined-cycle power plant integrating carbon capture and storage.
1,460 GtCO2: Nature study reshapes allocation of global subsurface capacity
A prudent limit of 1,460 GtCO2 for geologic storage reshapes the split between industrial abatement and net removals, with oil-scale injection needs and an onshore/offshore distribution that will define logistics, costs and liabilities.
Frontier completes the deepest carbon storage well in the United States
Frontier Infrastructure Holdings drilled a 5,618-metre well in Wyoming, setting a national record and strengthening the Sweetwater Carbon Storage Hub’s potential for industrial carbon dioxide storage.
Equinor, Shell and TotalEnergies launch the first subsea CO2 injection in Norway
The Northern Lights project has injected its first volume of CO2 under the North Sea, marking an industrial milestone for carbon transport and storage in Europe.
Verra and S&P Global Launch New Infrastructure to Boost Carbon Credit Markets
Verra and S&P Global Commodity Insights join forces to build a next-generation registry aimed at strengthening carbon market integration and enhancing transaction transparency.
Singapore and Thailand seal Article 6 deal for carbon credits
Singapore signs its first regional carbon credit agreement with Thailand, paving the way for new financial flows and stronger cooperation within ASEAN.
GIP Acquires 49.99% Stake in Eni CCUS Holding in Strategic Carbon Deal
Eni sells nearly half of Eni CCUS Holding to GIP, consolidating a structure dedicated to carbon capture and storage projects across Europe.
Funds Push European Carbon Positions to Highest Since April
Investors hold 28.9 million EUAs net long as of August 8, four-month record level. Prices stable around 71 euros despite divergent fundamentals.
Canada allocates $1.83 mn to TerraFixing to develop carbon capture
The federal government is funding an Ottawa-based company’s project to design a CO2 capture unit adapted to cold climates and integrated into a shipping container.
Fluenta equips Louisiana site with Bias-90 FlarePhase system for CO₂ measurement
Fluenta has completed the installation of its Bias-90 FlarePhase system at the Pelican Amine Treating Plant in Louisiana, marking progress in the measurement of flare gas flows with very high carbon dioxide concentrations.
Alberta carbon market plunges below 25 dollars amid persistent oversupply
Alberta carbon credits trade at 74% below federal price as inventory reaches three years of surplus, raising questions about regulatory equivalence before 2026 review.
UK ETS: Carbon Removals Market Faces Price and Supply Challenges
The integration of carbon capture credits into the British trading system by 2029 raises questions about the price gap with allowances and limited supply capacity.
Carbon Ridge installs first centrifugal carbon capture unit on board a Scorpio Tankers vessel
Carbon Ridge reaches a major milestone by deploying the first centrifugal carbon capture technology on a Scorpio Tankers oil tanker, alongside a new funding round exceeding $20mn.
Elimini and HOFOR sign an agreement for a large-scale BECCS project in Copenhagen
Elimini and HOFOR join forces to transform the AMV4 unit at Amagerværket with a BECCS project, aiming for large-scale CO₂ capture and the creation of certified carbon credits. —
Carbonova secures $3.20mn for a pilot carbon nanofiber unit in Calgary
Carbonova receives $3.20mn from the Advanced Materials Challenge programme to launch the first commercial demonstration unit for carbon nanofibers in Calgary, accelerating industrial development in advanced materials.
Chestnut Carbon secures pioneering non-recourse financing of $210mn for afforestation in the U.S.
Chestnut Carbon has secured a non-recourse loan of $210mn led by J.P. Morgan, marking a significant step for afforestation project financing and the growth of the U.S. voluntary carbon market.
TotalEnergies invests in sustainable forestry management with NativState in the United States
TotalEnergies seals partnership with NativState to develop thirteen forestry management projects across 100,000 hectares, providing an economic alternative to intensive timber harvesting for hundreds of private landowners.
Drax strengthens its lead as the UK’s top carbon emitter in 2024
Drax’s generation site recorded a 16% rise in its emissions, consolidating its position as the UK’s main emitter, according to analysis published by think tank Ember.

Log in to read this article

You'll also have access to a selection of our best content.