NZT Power, the project aiming to become the world’s first commercial-scale gas-fired power station equipped with carbon capture and storage (CCS), has marked one year since reaching financial close.
Financial close was achieved in December 2024 alongside the Northern Endurance Partnership (NEP). Since then, the project has moved into active delivery, with strong engagement across the UK supply chain. Around £1 billion in UK subcontracts has already been awarded through competitive tenders, with all major contracts on track to deliver more than 50% UK content during the construction phase.
Technip Energies, leading the Power, Capture and Compression (PCC) consortium with GE Vernova, awarded the main construction subcontract to Balfour Beatty in 2025. Balfour Beatty has so far spent more than £15.5 million with over 90 UK suppliers, with 53% of subcontract packages awarded to small and medium-sized enterprises.
UK-based suppliers supporting the project include Sarens UK, providing heavy-lift and SPMT services; Heidelberg Materials UK, supplying low-carbon concrete from Teesside; and Peerless, a CECO Environmental brand, delivering filtration systems. Costain is responsible for the onshore CO₂ gathering system, gas and high-voltage connections, supporting around 80 direct jobs and contributing to approximately 300 roles across the wider project, with the majority sourced locally.
Beyond construction, NZT Power and NEP are investing in regional skills development, committing around £1 million to education and training programmes linked to clean energy careers.
Ian Hunter, Managing Director of NZT Power, said: “A year on from reaching financial close, Net Zero Teesside Power is set to be the world’s first commercial-scale gas-fired power station with carbon capture. The significant UK content we are seeing as we ramp up construction is proof that decarbonising industry can also drive investment, growth and opportunity across the UK economy.”
