HeidelbergCement one step closer to CCS in UK: HyNet North West project receives government funding
HeidelbergCement’s British subsidiary Hanson UK and its partners in the HyNet North West consortium will receive government funding for their planned low-carbon industrial cluster.
This also gives Hanson the confidence to invest in a carbon capture plant at its Padeswood cement works, which will connect to the planned HyNet CO2 transport and storage system.
HyNet will reduce regional CO2 emissions by up to 10 million tonnes – including up to 800,000 tonnes from Hanson’s Padeswood plant – every year by 2030; the equivalent of taking four million cars off the road.
HeidelbergCement’s British subsidiary Hanson UK and its partners in the HyNet North West consortium, which aims to create the world’s first low-carbon industrial cluster in the region of North West England and North Wales, were chosen for funding under the British government’s carbon capture, usage and storage (CCUS) cluster sequencing process. HyNet’s proposed hydrogen and carbon capture and storage (CCS) project will play a critical role in the UK’s transition to net zero greenhouse gas emissions by 2050 and the fight against climate change.
The announcement will result in huge economic benefits to the region, safeguarding existing jobs and creating around 6,000 new employment opportunities. It also gives Hanson the confidence to invest in a carbon capture plant at its Padeswood cement works, which will connect to the planned HyNet CO2 transport and storage system. The company is already carrying out a CCS feasibility study at the site, which will provide a clear design basis and cost estimate for the next stage.
“Yesterday’s announcement is great news for HeidelbergCement, and a well-deserved recognition for the HyNet consortium and our colleagues working on CCS in the UK as part of this collaborative project. Cutting CO2 emissions is a key priority for us, and we are delighted to add our Padeswood cement works to our growing range of CCS activities, as a key part of our pathway to reaching net zero”, says Dr. Dominik von Achten, Chairman of the Managing Board of HeidelbergCement.
HyNet will reduce regional CO2 emissions by up to 10 million tonnes – including up to 800,000 tonnes from Hanson’s Padeswood plant – every year by 2030; the equivalent of taking four million cars off the road. The project, led by Progressive Energy, is being developed by a consortium of regionally located partners including Cadent, CF Fertilisers, Eni UK, Essar, INOVYN (part of the INEOS Group) and the University of Chester as well as Hanson.
More information about HyNet North West can be found at www.hynet.co.uk