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News HyNet North West carbon capture and storage consortium receives Euro84m funding

HyNet North West carbon capture and storage consortium receives Euro84m funding

Written by Global Cement staff 17 March 2021
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UK: Germany-based HeidelbergCement subsidiary Hanson has received the green light for its planned carbon capture and storage (CCS) study at its Padeswood cement plant in Flintshire after its partner, the HyNet North West consortium received Euro84m in funding. The study will support a design basis and cost estimate for a carbon capture unit at the cement plant and a connection to the planned HyNet North West CO2 transport and storage system. Euro46m of the funding came from consortium partners while Euro38m came from a UK Research and Innovation (UKRI) Industrial Decarbonisation Challenge grant.

Hanson chief executive officer Simon Willis said, “Today’s funding announcement is fantastic news for everyone involved in HyNet North West. Cutting CO2 emissions is a key priority for us, and we are excited to be one of the first UK cement producers working on carbon capture and storage (CCS) as part of this collaborative project.” He added, “We’ve taken big steps towards reducing carbon emissions and have set ourselves an ambitious target of achieving a 50% reduction in CO2 emissions by 2030, based on 1990 levels, and net zero carbon concrete by 2050. CCS at cement plants is a key part of our roadmap to net zero.”

Published in Global Cement News
Tagged under
  • UK
  • Germany
  • Hanson
  • HeidelbergCement
  • carbon capture
  • Plant
  • Study
  • GCW497
  • CO2
  • Sustainability
  • funding
  • HyNet North West

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