Humber Zero
Electricity, Oil & Gas · United Kingdom · 51-200 Employees
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Overview
Headquarters
160 Victoria St, London, Greater London,...Website
www.humberzero.co.ukRevenue
$21.4 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
1
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About Humber Zero
Humber Zero is a collaboration between VPI and Phillips 66 Limited, focused on delivering one of the world's largest carbon capture and storage projects in the UK. The initiative aims to capture up to 3.8 million tonnes of carbon dioxide per annum by 2029, contributing significantly to the UK government's 2030 carbon capture targets. By leveraging existing infrastructure in the Humber region, Humber Zero seeks to create a new industry worth up to £5 billion annually by 2050, while generating thousands of jobs and reducing the carbon footprint of various products. The project includes the installation of carbon capture plants at VPI's combined heat and power plant and the Phillips 66 Humber Refinery, with plans for the captured CO2 to be stored in depleted gas fields in the North Sea.Explore more
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Revenue
Number of Employees
Type
Funding
Founded In
Humber Zero
$21.4M
51-200
Private
-
2020
N/A
Company Profile Activity
Activity Insights
Humber Zero is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.
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Humber Zero is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Humber Zero.
Humber Zero Tech Stack
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Frequently Asked Questions Regarding Humber Zero
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Humber Zero is a collaboration between VPI and Phillips 66 Limited, focused on delivering one of the world's largest carbon capture and storage projects in the UK. The initiative aims to capture up to 3.8 million tonnes of carbon dioxide per annum by 2029, contributing significantly to the UK government's 2030 carbon capture targets. By leveraging... Read More
