Lease signed for UK’s first carbon, capture and storage project
Signatures pave the way for the UK’s first and largest commercial-scale CO₂ transportation and storage asset.
The Northern Endurance Partnership (NEP) and The Crown Estate have signed the agreement to lease the seabed for permanent offshore CO₂ storage and associated pipeline infrastructure.
Following an Agreement for Lease in September 2023, this new signing is a step towards installing the infrastructure for the Endurance carbon store – a saline aquifer located approximately 140km offshore in the southern North Sea which, together with nearby stores, provides NEP with access to up to 1bln t of CO₂ storage capacity. The lease will run until injection at the store is complete, currently expected in the mid‑2050s.
In December 2024, NEP reached financial close on the first phase of Teesside’s onshore infrastructure – serving NZT Power and future Teesside-based projects – and on the 145km offshore pipeline to the Endurance Carbon Store.
NEP was simultaneously awarded the UK’s first-ever carbon storage permit by the North Sea Transition Authority (NSTA). With all necessary consents secured, construction is underway and start-up is expected in 2028.
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