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Home » The Development » Masterplan
Unrivalled in size, scale and opportunity, Teesworks is the UK’s largest and most well-connect industrial zone.
The site itself covers 4,500 acres, with almost £250million previously committed to remediate and prepare land for development. Alongside Teesport and Redcar Bulk Terminal, the now-operational Steel River heavy lift quay is providing a gateway to global markets.
At the heart of the site, Net Zero Teesside will be the UK’s first carbon capture utilisation and storage facility, capturing the same amount of energy annually as over three million homes. In line with national efforts and Teesworks’ clean energy commitment, the project is set to decarbonise the area’s carbon-intensive businesses by as early as 2030. Joining this is SeAH Wind’s monopile production facility for the offshore wind sector, green and blue hydrogen projects and battery energy storage systems.
Crucially, Teesworks will create 20,000 new jobs and contribute £1billion a year to the wider Tees Valley economy; helping to deliver both the UK’s industrial and economic strategy, as well as the Northern Powerhouse Initiative.