Carbon capture and storage

Opinion

We must lead. We must act.

The Covid-19 pandemic has had a vast impact on people’s lives, as well as on companies around the world.

Promoted

SPE Aberdeen Section focuses on the energy transition

The clock is now ticking to reach the target of Net Zero by 2050 in the UK (2045 in Scotland).  The oil and gas industry is a critical part of this transition to net zero and has the potential to be the leader in developing the solutions which will unlock a new, low carbon economy. This pivotal role of the oil and gas industry was clearly recognised recently by the Scottish Government with the £62 million Energy Transition Fund to support net zero projects.

Renewables/Energy Transition

Europe could see $35bn in CCS spending till 2035, with UK dominating

It’s been a long and costly two decades of carbon capture and storage (CCS) studies and test centers. Now Europe has reached a stage where big-scale developments make financial sense and could trigger up to $35 billion in development spending until 2035 – by which time as much as 75 million tonnes of CO2 could be captured and stored per year on the continent, a Rystad Energy analysis shows.

Opinion

Green hydrogen is tomorrow’s oil

The German government has recently adopted a National Hydrogen Strategy as part of its commitment to become both a global leader in the energy transition and a market leader in technologies that support the wider ambition to achieve carbon neutrality.

Opinion

Act now, or risk failure: why we must act faster on cleaner energy

With the United Nations Climate Change Conference, COP26, postponed to 2021 due to the COVID-19 pandemic, the UK Government now has a unique opportunity to take action and lead the world in its response to climate change through this period.