Despite many strengths, the region faces challenges due to the loss of several key industries (such as steelmaking) and carbon reduction targets. These challenges had led the Tees Valley Combined Authority (TVCA) to assess numerous means to reduce emissions and grow new industries.
Each of the studies had considered a technology-led approach, however, an integrated strategy was lacking. TVCA commissioned KPMG and E4tech to develop an economic strategy that unified the technological pathways into an attractive long term plan.
The fully costed plan, featuring CCUS, hydrogen, waste to energy, wind power and new industries now forms part of the industrial strategy for Tees Valley.