Economic benefits
Teesside: The ideal region to help the UK reach its net zero target
H2NorthEast’s unique attributes make it the most deliverable low carbon project in the East Coast Cluster, and one that will deliver a significant reduction in emissions, value for money and a wide range of economic benefits.
Currently, the project is expected to:
- Up-skill existing jobs and create hundreds of jobs on site during construction
- Once operational, add thousands of jobs to the wider local area
- Contribute an additional £200-300m to the regional economy in total
H2NorthEast: delivering low carbon hydrogen
Bringing over £2bn investment to Teesside
Creating thousands of jobs for the local area
Contributing £200-300m to the local economy
Economic benefits
Driving jobs, growth, and emission reductions for the region
With its unique combination of existing infrastructure, skills, gas supply and density of industry, Teesside is an ideal place to focus on low-carbon hydrogen production.
Nearly half of the UK’s industrial cluster CO2 emissions come from the high density of hard-to-abate industrial sites in the Teesside and Humber areas, and a significant proportion of the UK’s natural gas production already comes ashore to Teesside for processing. There is also a readily available and skilled workforce to operate and maintain new hydrogen facilities. All these factors together ensure that the investment in H2NorthEast will deliver economic benefits on an accelerated timeline.