– One year since the Northern Endurance Partnership (NEP) became the first UK carbon transport and storage company to reach financial close
– £1 billion of UK subcontracts awarded through competitive tenders
– £1 million invested in local skills with 175 young people provided training to access clean energy careers
– Expansion activity across Teesside, Humber and offshore to scale infrastructure
– Building of NEP capability with new Managing Director and headquarters on Teesside
December 10 2025 – The Northern Endurance Partnership (NEP) today marks a year of delivery since becoming the first UK carbon transport and storage company to reach financial close.
NEP reached financial close in December 2024 alongside Net Zero Teesside Power (NZT Power). Since then, NEP has started construction with nine engineering, procurement and construction (EPC) contractors. So far, £1 billion of UK subcontracts have been awarded through competitive tenders, showing how decarbonising industry drives investment, jobs and opportunity across the country.
NEP and NZT Power are investing in local skills so people can access clean energy careers. Around £1 million is committed to regional programmes, with 175 young people starting college courses through partnerships with local institutions and the Tees Valley Combined Authority. Construction partners Technip Energies and Balfour Beatty have delivered more than 150 hours of outreach to over 1,000 students, supported targeted recruitment, and aligned training with local industry needs.
Future expansion is progressing with the launch of a statutory public consultation for the Humber Carbon Capture Pipeline and offshore development activity to prepare additional storage capacity. Department for Energy Security and Net Zero plans a Teesside user selection in early 2026 to connect more capture projects to remaining Endurance capacity, with around 1 Mtpa potentially available from 2029.
To scale the capacity of the organisation, NEP appointed Rich Denny as Managing Director, bringing with him decades of experience in the sector. Rich has built a core team of 20 and NEP is actively recruiting for further roles across the organisation. The organisation moved into a new headquarters at Innovation Central in Darlington, located within the town’s science park, which will also host the Government’s £16 million STEM centre. The location sits at the heart of the Government’s Places to Grow and Levelling Up programmes.
Rich Denny, Managing Director of NEP, said:
“In just 12 months, we’ve moved from financial close to delivering our vision: to pioneer the UK’s first and largest CO₂ transportation and storage asset – helping to drive the journey to net zero and boost economic growth.
We’ve showcased the best of British industry, created skilled jobs, and invested in the people who will shape the future.
As we head into year two, we’re focused on scale: increasing the number of capture projects with access to our network, developing offshore storage capacity, and building a world leading organisation right here in the North East.
Thank you to every member of our team, our stakeholders, and our partners for the commitment and collaboration that have brought us to this point.”
