Process industries to present vision of CCS

The Northeast of England Process Industry Cluster (NEPIC) industrialists are brief Northeast MPs in Westminster on Carbon Capture and Storage (CCS).

With the Government’s decision imminent on where it will make major investment in huge new infrastructure projects for carbon capture and storage, 50 NEPIC industrialists and Northeast MPs are meeting tomorrow to discuss the importance of CCS to the future of the region’s economy.

This CCS debate has been mainly focused on the decarbonisation of the energy sector, however the NEPIC group plans to brief MPs on the industrial argument for the implementation of this technology, highlighting the environmental, technological and economical impact of successful deployment of CCS for the region’s industrial future. 

CCS has the potential to be one of the most cost-effective technologies for decarbonising the UK’s power and industrial sectors.

The technology also represents a major green growth opportunity for the UK – should opportunities develop as hoped, the benefit for UK-based firms has been estimated at between £3bn and £6.5bn a year by 2020. 

A CCS project with sufficient capacity will help the Northeast - and Teesside in particular - secure its economic future for decades to come, claims NEIPC.

Ian Swales MP for Redcar, said: “The decision on CCS infrastructure is clearly an economically significant issue for Parliament.

“A decision to support a Teesside CCS project will be a huge boost to the region’s economy, both in the construction phase and when operational, by enabling the region to better compete for future investment into large scale manufacturing industries.”