Aberdeen has lost its focus on being the energy capital of Europe, it has been claimed.
In a performance that most magicians could only dream of aspiring towards, Chancellor George Osborne delivered an alleged austerity autumn statement that both mesmerised and left red-faced the Chairman Mao little red book-waving Labour opposition.
Sir Ian Wood’s analysis in 2012 that the North Sea industry was not viable when Brent crude was $114 a barrel and that drastic action had to be taken to save the industry is a sobering thought.
Earlier in the week Amber Rudd gave a parliamentary speech on the controversial curtailment of onshore wind subsidies, but at the same time gave some positive signals on future prospects for UK offshore wind.
The announcement by Energy Secretary Amber Rudd to close the renewables obligation (RO) for onshore wind-power generation has undermined a central plank of UK energy policy. One of the key successes of the Labour and the late coalition government was to deploy large quantities of cheap and secure onshore wind-power generating capacity across the entire British isles.