Published by Todd Bush on February 14, 2025
Saltend Chemicals Park-owner PX Group has been awarded an operations and maintenance (O&M) contract for the Tees Renewable Energy Plant (Tees REP).
The facility, located in Tees Valley, is one of the world’s largest purpose-built pellet biomass power plants, with a capacity to generate 299 MW of electricity, or 2.3 TWh per year, equivalent to powering 600,000 homes.
Tees REP is owned by MGT Teesside, acquired by Macquarie Group and PKA in 2016 on a 50:50 basis. The plant uses co-products from timberland for biomass pellets, traced from point of origin to meet sustainability criteria regulated by Ofgem.
>> In Other News: Bloom Energy and Chart Industries Announce Groundbreaking Carbon Capture Partnership
Enviva Wilmington Holdings signed a 15-year offtake agreement with Tees REP in 2016 for nearly 1 million tonnes per year of wood pellets.
PX Group, a portfolio company of Ara Partners, is taking over O&M at Tees REP after providing consultancy services through PX Engineering during commissioning.
PX also operates the St Fergus Gas plant in Peterhead and the Teesside Gas processing plant for North Sea Midstream Partners (NSMP) and manages biomass plants for Gren, a Finnish investor.
Dave Thompson, COO of PX Group, said, “Taking on O&M for the largest new-build biomass plant in the world is a landmark moment for PX Group and a transformative step for the regional energy sector.”
Ian Coxon, CEO of MGT, added, “PX Group’s extensive expertise in managing large-scale green energy projects makes them the ideal partner for O&M at Tees REP.”
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ⚡ Energy Department Removes Barriers for American Energy Producers, Unleashing Investment in Domestic Hydrogen 🛳️ MASH Makes Powers First Vessel Trial With Biofuel From a Carbon-...
Inside This Issue 🛢️ Conestoga Energy Completes Drilling of Class VI Carbon Capture & Sequestration Well, Advances Toward EPA Application 🏗️ How Microsoft and Sublime Systems Are Reinventing C...
Inside This Issue 💸 EDF Slams Repeal of 45V Hydrogen Credit, Citing $32Bn in Higher Household Energy Costs and Job Losses 🤝 Johnson Matthey to Sell Blue Hydrogen Business to Honeywell as Part of £...
The U.S. Department of Energy’s (DOE) Hydrogen and Fuel Cell Technologies Office today removed barriers for the American hydrogen industry by updating its 45VH2-GREET modeling tool. The latest vers...
NETL Patents New Process for Extracting Critical Resources from Coal Fly Ash at High Quantities
NETL researchers developed a new process for extracting economically and strategically vital rare earth elements (REE) and critical minerals (CM) from America’s coal fly ash at high quantities and ...
World’s First Plant That Captures CO2 From Air to Make Building Materials Opens
Aggregates produced using CO2 captured by Mission Zero Technologies ‘Direct Air Capture’ technology (Image courtesy of Mission Zero Technologies) A demonstration project that uses direct air captu...
Plug Power’s Georgia Hydrogen Plant Sets U.S. Production Record Using Plug Electrolyzer Technology
April 2025 Marks Industry-Leading Milestone with 300 Metric Tons of Liquid Hydrogen Produced WOODBINE, Ga., -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions, ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.