Energy companies have ignited multibillion-pound plans for the UK’s first carbon-neutral “industrial cluster” in the Humber.
An alliance of companies including National Grid, Drax and Norway’s state energy company, Equinor, are leading a campaign to shrink the carbon footprint of Britain’s most polluting industrial zone.
The cluster includes hundreds of refineries, factories and the Drax coal-fired power plant near the Humber estuary, safeguarding 55,000 jobs and a local industrial economy worth £18bn a year. However, it is also responsible for the highest concentration of industrial emissions in the country, undermining the UK’s goal to become a carbon-neutral economy by 2050.
The alliance plans to trial world-leading technology to capture and store carbon emissions from factory and power plant flues before they enter the atmosphere. It also hopes to use carbon capture while breaking down natural gas to create hydrogen, which can be used in industry, heating and transport without creating climate emissions.
There are no information about terms and cost of the project. It is only known that the project will cost several billion pounds.
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