By Thibaut Cheret, OEUK Wind and Renewables Manager
In the quest for a sustainable future, the UK’s offshore wind industry stands at a critical juncture - poised for success but, like the rest of the energy industry, facing formidable challenges.
With an ongoing cost of living crisis, war in Ukraine, and increasingly evident impacts of climate change, energy policy has been firmly at the centre of the political debate.
The North Sea's skilled oil and gas specialists must be retained to power the transition to clean energy, according to a report released by Offshore Energies UK (OEUK) today.
The UK government is planning for the introduction of a new tax mechanism for North Sea oil and gas operators following the scheduled end of the windfall tax in 2028
While support for new North Sea oil and gas has been welcomed, the energy sector has called for a drop in windfall taxes and greater incentives for low-carbon investment ahead of the Chancellor’s impending budget.
Keir Starmer's Aberdeen visit has made "postive steps" for his relationship with the energy sector, however, it is "too little too late" for his political rivals.
North Sea operators have raised “serious concerns” over a new plan from the NSTA regulator, warning that shutdown of UK platforms could be “dramatically accelerated”.
The first King's Speech in over 70 years has outlined plans to "attract record levels of investment in renewable energy" - but experts say fresh measures are needed to achieve that.
"Emerging energies – such as offshore wind – must work with and learn from the oil and gas decommissioning sector," says Ricky Thomson, decommissioning manager for OEUK.
Oil and gas sector representatives have welcomed the offer of dozens of new exploration licences across the North Sea as part of the 33rd Licensing Round.
Amid growing challenges to new projects, recent judgements raise questions over whether courts will consider the downstream impacts of oil and gas developments.