Balfour Beatty, in collaboration with Technip Energies and GE Vernova, has been chosen by bp to advance the Net Zero Teesside Power project, a pioneering initiative set to become one of the world's first commercial-scale gas-fired power stations with carbon capture. The project aims to capture up to 2 million tonnes of CO2 annually, providing low-carbon power equivalent to the average electricity needs of around 1.3 million UK homes. Balfour Beatty will leverage its expertise in industrial mechanical and electrical (M&E) construction, utilizing modular techniques to build the M&E equipment and plant rooms off-site.
The CEO of Balfour Beatty, Leo Quinn, expressed the significance of this milestone, emphasizing the company's capabilities and proven track record in delivering complex infrastructure projects. Arnaud Pieton, CEO of Technip Energies, highlighted their growing leadership position as an integrated CCUS solutions provider, while Maví Zingoni, CEO of Power at GE Vernova, emphasized the crucial role of post-combustion carbon capture in reducing emissions and ensuring dispatchable power in the future.
The selection of Balfour Beatty follows the recent granting of the Development Consent Order by the Secretary of State for the Department for Energy Security and Net Zero, with the project shortlisted for UK Government funding. The final contract award is contingent on regulatory clearances and final investment decisions (FID) being taken in September 2024 or earlier.
Balfour Beatty, a leading international infrastructure group, is committed to driving the delivery of innovative solutions and shaping critical infrastructure worldwide. With over 26,000 employees, the company is dedicated to creating iconic buildings and infrastructure, including projects such as Hinkley Point C, the Lyric Theatre in Hong Kong, and the Automated People Mover superstructure at Los Angeles International Airport.