Viridor joins the HyNet North West consortium, a low carbon energy project at the forefront of the UK’s journey to a net zero future.
Project Director, David Parkin, explains:
"From 2025, HyNet will be ready to capture and store carbon dioxide (CO2) emissions from industry who find it difficult to remove carbon from their industrial processes such as waste. In addition, the HyNet will produce, store and distribute hydrogen to provide an alternative low carbon fuel to natural gas, a fossil fuel, to industry, transport and to heat our homes.
"HyNet will use state of-the-art infrastructure to capture 10 million tonnes of CO2 each year from industry across the North West and North Wales. Gas pipelines, both new and re-purposed, will transport the CO2 to depleted oil and gas reservoirs under the seabed in Liverpool Bay for permanent storage. This reduction in carbon emissions is the equivalent of taking four million cars off the road, every year.
"HyNet offers Viridor a viable route to become the UK’s first net negative emissions waste company. In addition to the waste sector, HyNet will decarbonise 30 major manufacturing sites across multiple sectors including chemicals, glass, cement, oil refining, FMCG’s, food and drink.
"Within North West of England and North Wales, HyNet will create and safeguard thousands of local jobs, as well as enable long-term sustainability for businesses and financial security for communities across the region. It will give the North West industrial heartland a route to prosperity in the future low carbon economy, ensuring the region remains an attractive location for investment and for companies to grow.
"We are very excited to be working with Viridor as they strive towards their ambition to be a net zero emissions company by 2040. Their forward-looking, ambitious approach complements the HyNet consortium, and we are looking forward to all that we can achieve together."