Technip Energies selected by Uniper to provide the FEED of Connah’s Quay New Combined Cycle Power Plant with Carbon Capture in the UK
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 23 2025
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Should l Buy ?
Source: Yahoo Finance
Technip Energies Awarded Contract: Technip Energies has received a Front-End Engineering Design (FEED) contract for the new Combined Cycle Gas Turbine (CCGT) power station with Carbon Capture and Storage (CCS) at Uniper’s Connah’s Quay site, contributing to the UK’s net zero emissions target by 2050.
Project Goals and Impact: The project aims to develop low carbon power generation, providing approximately 1.3 GW of electricity while ensuring energy security and supporting regional economic growth, with commercial operation expected before the end of 2030.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
