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“Energy bills are going to be affordable,” the Prime Minister said in the House of Commons
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The new Business Secretary explained that “getting energy into the machinery of government” was a priority for Liz Truss
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They plan to transport CO2 from continental Europe and inject and store it in suitable reservoirs on the Norwegian Continental Shelf
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Developers can apply for the rights to build small-scale offshore wind projects of less than 100MW and projects that will provide green electricity to oil and gas infrastructure
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A wind turbine will supply the energy needed for the operation of the oil and gas facility
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They intend to develop, build and operate the facilities and drive forward the production of carbon-neutral steel, with plans to replace coal with the greener alternatives as the main source of energy in steel production
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In its Energy Security Strategy, the government has set a new ambition for 50GW of offshore wind by 2030
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Six new projects could produce almost half the UK’s yearly emissions alone, Uplift claims
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The start-up has worked with bp since 2018 to monitor assets across the UK North Sea, with its drones taking measurements that verify methane emissions and helping to validate the accurate reporting of emissions data
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The funding will support projects that aim to help decarbonise the North Sea oil and gas industry
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The Centre suggests the move marks its ‘natural evolution’ as it continues to accelerate technology to enable a net zero energy future, with a vision to reduce emissions from existing facilities and unlock the full potential of an integrated energy system
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The service company will provide the offshore converter platforms in the North Sea
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