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Huge boost for ground-breaking Humber Zero project

Huge boost for ground-breaking Humber Zero project

Huge boost for ground-breaking Humber Zero project

Humber Zero has today secured another fantastic boost for the region in the form of a £25-million grant, £12.5-million of which is government funding.

This means work can start on decarbonising the Humber region, responsible for 40% of the nation’s industrial carbon emissions.

It will also allow Humber Zero to develop the technology to capture and safely store carbon created by the Immingham industrial cluster.

The grant will see around 2,500 construction jobs created and will safeguards tens of thousands of existing roles.

The project will see up to 8-million tonnes per annum of CO2 removed from the Immingham industrial site within the next 7 years.

It is backed by the Phillips66 Humber Refinery and Vitol’s VPI-Immingham combined heat and power plant, who have also invested £12.5 million.

 

Project Director, Jonathan Briggs, said:

“We are pleased to have been selected for the funding which allows us to go through to the Front-End Engineering Design (FEED) stage.

“The Government’s confidence in the project is a sign of the Humber’s significance as an epicentre to decarbonise UK industry.

“It is cost effective and presents an opportunity to decarbonise strategic industries around Immingham.

“We now look forward to working with Innovate UK and transportation and storage operators who are developing sites.”

He said Carbon Capture Storage was not just an option but an imperative and its importance was recognised by the Prime Minister in his recent 10-point plan for a Green Industrial Revolution.

“We have a world class partnership ready to meet the goals and ambitions of the Paris Agreement and there is an opportunity for the Humber to become a CCS global technology leader.”

The FEED stage starts with immediate effect and is expected to be completed by summer, 2023, for VPI and the end of 2023 for Phillips 66.

The project will start carbon capture in 2027.

Huge boost for ground-breaking Humber Zero project
Humber Zero

This fantastic news follows several major investment schemes into the Humber region.

It comes after the recent announcement that the Humber is among eight areas of England to be awarded freeport status.

A grant of almost £4.5m has also been awarded to the Killingholme Marshes Drainage Scheme, alongside funds in excess of £75m for a nearby wind turbine manufacturing plant.

Collectively, the developments are expected to secure at least 14,000 jobs.

Leader of North Lincolnshire Council Cllr Rob Waltham MBE added:

“North Lincolnshire has a fabulous opportunity to lead the world in carbon capture and storage technology.

“I understand Humber Zero will create 2,500 construction jobs and 200 permanent ones, creating significant investment in the local economy. 

“The project will also help protect thousands of industrial jobs in North Lincolnshire that would otherwise be at risk.

“North Lincolnshire Council is determined to play its part in helping the Government meet its 2050 net zero ambition while looking after residents’ interests. 

“I support the efforts of those behind Humber Zero.”

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Email us: scunthorpenews@gi-media.co.uk

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