Technip Energies, leader of a consortium with GE Vernova, and construction partner Balfour Beatty, announces that it has received a letter of intent from bp, on behalf of NZT Power Limited for the execution phase of the Net Zero Teesside Power (NZT Power ) project in the UK.

Once completed, this project will become one of the world's first commercial-scale gas-fired power stations with carbon capture, expected to capture up to 2 million tonnes of CO2 per year.

The project is expected to provide flexible, dispatchable low-carbon power equivalent to the average electricity needs of around 1.3 million UK homes, supporting the country's transition to a cleaner energy future.

Technip Energies, GE Vernova and Balfour Beatty, supported by Shell in the UK, form the Carbon Capture Alliance (CCA). Alliance members are deeply committed to long-term investment in the UK, and already have a significant UK presence and a mature UK supply chain.

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