The Financial Times has reported that Teesside is becoming a hotbed for renewable energy investment, with around thirty low carbon investments.
These investments are set to be added to, with various proposals set to be implemented. They range from an anaerobic energy research plant to a processing plant for over 400,000 tonnes of household waste to a £200 million advanced gasification plant for the new energy and technology plant near Billingham. These will all create jobs and investment.
Another proposed scheme is the Tenergis project, which will process crude oil and produce diesel, kerosene and hydrogen. The North East of England Process Industry Cluster (NEPIC) estimates over 50 million metric tonnes of waste is produced annually, with over three quarters being recyclable. NEPIC believes the government should review its policies on industry and energy to protect the UK’s industrial base from carbon taxation. The hesitancy has left projects such as a £500 million biomass plant on hold in the area.
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