Meeting the capital challenges of the north-east’s green transition
Navigating change can be hard, especially when it’s change that requires significant upfront investment in a sector as critical as the energy industry.
Navigating change can be hard, especially when it’s change that requires significant upfront investment in a sector as critical as the energy industry.
The next few years for the renewable energy sector will look very different from the decade just passed! At a recent event dubbed ‘Green Energy Day’ or ‘Energy Security Day’, the UK Government unveiled its plans for ‘Powering-up-Britain’ by sharing its package of green energy policies aimed at fast-tracking the UK’s net zero target whilst also ensuring a balanced energy mix to ensure security of supply.
Last week, top ministers from the G7 nations held a two-day meeting in Sapporo, Japan, with the aim of setting ambitious goals to reduce CO2 emissions – specifically in the utilities sector.
Whether it’s our domestic oil and gas supply from the North Sea, or new off and onshore wind, this part of our United Kingdom is central to our energy needs in the 21st Century.
The offshore wind industry is undergoing its next big expansion. Licensing rounds are growing, interest in the new floating designs are high, and investors are active.
In her two decades at Wood in Aberdeen, Jamie Simmers has moved from a junior finance role to leading a team of 100 engineers to operate critical offshore infrastructure in the North Sea.
Eric Lakin, the chief financial officer of Ceres, writes on the global funding environment for hydrogen and clean energy technologies
The North Sea is at a turning point. Hundreds of rigs and their associated marine infrastructure are set to be decommissioned. Oil and gas platforms will begin to move out, and infrastructure for offshore renewable energy will move in.
Well, they’ve signed the pledge; taken vows that they will drastically accelerate the North Sea’s offshore wind capacity to 300 Gigawatts by 2050, with a near-term target of 120GW by 2030.
A clean energy revolution is on the horizon, writes OEUK's Emily Taylor.
Scotland’s friends in Europe are now surging ahead with their support for hydrogen and especially green hydrogen.
Small is beautiful but it’s also nice to be part of something bigger. That applies to many aspects of life and is certainly a sound basis for energy policy which always has to be underpinned by security of supply.
The newly elected first minister, Humza Yousaf, chose to make his second official visit as head of the Scottish Government to view the transformational South Harbour development in Aberdeen.
All-Energy and the co-located Dcarbonise are back bigger, better and brimming with more free networking, knowledge, and technology to help us engineer a net zero future together – excitement is mounting. With just over a fortnight to go before the duo of events opens at Glasgow’s SEC on 10 and 11 May, it’s ‘all system go, go, go!”.
The North Sea region is at a critical juncture in its pursuit of sustainable energy. With the impact of the energy crisis of 2022 still being felt, the offshore energy industry is faced with a challenge: how to build a cleaner, more resilient energy system that can withstand the challenges of the future. This challenge requires not only innovation and new solutions, but also a willingness to collaborate across traditional boundaries, and a shared commitment to driving the transition to a more sustainable future.
In the 1980s, local divers began to explore a fishing spot west of Sumatra and uncovered artefacts from a long-lost wreck.
It's not every day, or any old occasion, that sees me happily bundle myself up the A90 to Aberdeen at 6 am on a cold, periodically snowy, morning in April.
The UK, it seems, still has some way to go before achieving the dream of being bigger, faster and better than the global competition – but it is a marathon, rather than a sprint.
"I believe that Macondo transpired because we had to some degree forgotten the lessons of the past," writes Steven Harris on today's anniversary.
Geothermal energy is being hailed as the next big powerhouse to fast track the energy transition and avert a climate crisis.
The phrase “game-changer” can sometimes feel overused in a sector where innovation underpins everything.
Now that the new First Minister has firmly established himself in Bute House, making the north east of Scotland a global leader in net zero should be one of his top priorities. As an industry and region, we have tremendous engineering and innovation capability that can make Scotland a key player in renewable technology and decarbonisation, enabling a green transition that has job creation and economic prosperity at its heart.
Finding and retaining skills and experience are, once again, among the most pressing challenges facing the energy industry.
Two things happened last Friday that spurred me to write this reflection on prostate cancer, says Energy Voice's Jeremy Cresswell.
In the Spring Budget, the Chancellor confirmed nuclear as “environmentally sustainable” removing an element of uncertainty which will enable the UK to plan and finance nuclear energy infrastructure in the long term. However, building confidence in technology and equipment will be key for the UK Government in delivering new nuclear power generation.