The UK government has given the green light to the HyNet project in the North West, which aims to decarbonize industry and foster growth in this region and North Wales.
As part of a £22 billion plan over 25 years, this initiative will focus on capturing and storing carbon emissions in two main “carbon capture clusters” located in Merseyside and Teesside. The plan is set to create thousands of jobs, draw in private investment, and help the UK meet its climate goals.
The project’s approval will be announced by top government officials at the international glass production plant Encirc, a key partner in the HyNet venture. Encirc, located in Elton, Cheshire, is gearing up to produce the world’s first net zero glass bottles on a large scale by 2030. Prime Minister Sir Keir Starmer emphasized that this move will revitalize the UK’s industrial heartlands and stimulate growth.
HyNet will introduce carbon capture and storage alongside low carbon hydrogen infrastructure, enabling industries to reduce their carbon footprint. The initiative is expected to attract approximately £5 billion in private investment, promote re-industrialization, and strengthen Britain’s position as a leader in the global net zero economy.
Decarbonization
By implementing HyNet’s blueprint, the UK can lead in global decarbonization efforts. The project’s subsequent phases will support the Government’s Clean Power 2030 mission, ensuring energy security through hydrogen storage. HyNet’s efforts will cut up to 10 million tonnes of carbon dioxide emissions annually, equating to removing about four million cars from the roads.
HyNet’s support extends to major players like the global drinks group Diageo, collaborating on the Encirc initiative. Powered by zero carbon electricity and hydrogen from the Vertex plant, Encirc will manufacture up to 200 million bottles of popular brands by 2030. The government funding includes an Economic License for the Liverpool Bay CO2 transport and storage project. Italian energy company Eni, overseeing operations in Liverpool Bay, is integral to this venture.
