Energy chiefs have given reassurance that while the pipeline of carbon capture and storage (CCS) projects is currently “modest”, it is “growing rapidly”.
A panel of government and industry representatives highlighted the need for early engagement across the offshore wind sector if target capacity and UK export opportunities are to be realised.
Wind sits at the centre of any credible plan to build a net zero economy by 2050. The technology for large-scale offshore wind is proven. Moreover, it has become one of the cheapest forms of electricity, with costs falling by two thirds in the last five years.
Growing pressure around climate change for the global energy industry, including the UK North Sea, was brought into focus at an industry event last night.
An Aberdeen student spoke last night of how oil firms need to showcase their energy transition efforts in order to attract the next generation.
North Sea oil and gas industry veteran Paul de Leeuw will take part in a panel debate on the sector’s biggest challenge to date — the energy transition.