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PRIVACY
Regional Development

Massive HyNet green project that could create thousands of jobs secures backing of new cross-party coalition

It will supply clean hydrogen and store carbon dioxide

The Stanlow refinery in Ellesmere Port(Image: Essar Oil (º£½ÇÊÓÆµ))

Proposals to transform the North West of England and North Wales into one of the world's first low carbon industrial clusters are being backed by a new cross-party coalition.

HyNet North West is behind the group which is hoping to secure backing from the º£½ÇÊÓÆµ Government for the scheme which would supply clean hydrogen and store carbon dioxide, helping businesses across the region cut greenhouse gas emissions, reduce costs, and launch green products.

Project leaders estimate HyNet would also catalyse job growth across the North West and North Wales, with the potential to deliver a £17bn economic impact locally, protecting more than 340,000 manufacturing jobs in the region, and helping to create 6,000 low carbon roles.

The area is one of several regional clusters nationwide bidding for 'track one' status from the Government that will allow it to start operating by 2025.

The submission for bids closed on Thursday, July 8, with the Department of Business, Energy & Industrial Strategy expected to take a decision in October.

Justin Madders, Labour MP for Ellesmere Port, and Andy Carter, Conservative MP for Warrington South, have joined HyNet North West as co-chairs of the cross-party coalition group that is urging the Government to select HyNet in the first phase of approvals and avoid delays that could hit businesses across the region.

Mr Madders said: "The HyNet project gives the North West and North Wales an unprecedented opportunity to be at the forefront of the low carbon transition, establishing the region as a leader in the development of the hydrogen economy and accelerating the º£½ÇÊÓÆµ’s journey to net zero.

"I’m proud to be co-chairing this coalition to ensure the government delivers for this region."