“We are disappointed that no projects in the Humber have been selected to progress through to the next phase of negotiations. This risks the loss of £15bn of investment for the region, along with thousands of high-skilled jobs, and contract opportunities for businesses across the UK. The Humber is the largest and most energy intensive industrial region in the UK, with multiple mature carbon capture and hydrogen project proposals backed by experienced international investors. Simply put, without the Humber, the UK will not meet its net zero targets.
“In order to realise the greatest impact, cost savings and inward investment for the region, the East Coast Cluster’s proposed common infrastructure and offshore CO2 storage must be developed concurrently for both the Humber and Teesside regions.
“Investors considering major clean energy projects in the UK urgently need assurance and greater clarity from the Government on the next phase of the competition.”