Scottish researchers use AI to slash CCS system modelling time
Researchers at Edinburgh's Heriot-Watt University use AI to cut carbon capture and storage modelling from 100 days to 24 hours.
energy transition
Australia backs $47 billion gas sector’s role in transition
Australia is calling for the development of new natural gas resources to ensure it remains affordable and the nation continues as a major exporter, the latest shift by the center-left Labor government toward greater support for the fossil fuel.
Climate change, water, and the energy transition – managing the balance
Increases in water demand for the energy transition are set to run in parallel with climate change-induced alterations to water supplies, with possibly severe implications for the viability of different energy transition sources.
Decarbonising UK heating poses significant challenges, and opportunities
Decarbonising the UK heat sector will be crucial to achieving net zero targets, but within that challenge firms are also seeing lucrative opportunities.
Shell says support for energy shift will wane if prices soar
Lawyers for Shell argue landmark 2021 climate ruling could have disastrous consequences as appeal gets underway.
Holyrood committee calls for ‘clarity’ over future of Just Transition Fund
MSPs are demanding the Scottish Government provide “clarity” over the future of a fund set up to help the north east refocus its economy on greener alternatives to oil and gas.
Policymakers more influenced by ‘grey’ reports which emphasise offshore wind negatives
A new study has found policymakers are more likely to be influenced by reports which tend to emphasise the negative environmental aspects of offshore wind farms.
Artificial intelligence set to play ‘crucial role’ in future energy systems
Artificial intelligence (AI) experts say the emerging technology will play a "crucial role" in future energy systems, emerging as a new frontier in the energy transition.
North Sea firms keenly await Spring Budget clarity on windfall tax
Reports suggest Chancellor Jeremy Hunt is planning to extend the windfall tax on North Sea oil and gas firms.
OEUK’s manifesto aims to avoid ‘passing on our carbon problem’
Offshore Energies UK has this month launched its manifesto for the general election with a list of essential proposals for the incoming government as we ramp up the homegrown energy transition and the drive for net zero.
Future North Sea: Firms grapple with skilled talent conundrum
Future North Sea event hears optimistic vision of the energy sector's future, but significant challenges remain.
Why politicians are stoking a climate backlash that threatens green goals
Politicians are vowing to roll back green policies and downplaying climate change ahead of key elections on both sides of the Atlantic, casting doubt on whether countries can maintain momentum in the transition away from fossil fuels.
Climate measures risk sparking social unrest, German agency warns
The European Union is at risk of widespread backlash against its climate agenda unless politicians do more to blunt the effects of rising carbon prices on low-income households, according to the head of Germany’s Environment Agency.
Net Zero economy grew 9% in 2023 to be worth £74bn, report says
The “net zero economy” - from renewables and electric cars to green finance - grew 9% in 2023 to contribute £74 billion to the UK, a report has shown.
Report finds nearly two thirds of UK energy firms consider moving investments abroad
UK Sustainable Investment and Finance Association report finds failure to implement favourable policies could see UK lose out on £115 billion in investment
Xlinks appoints new CEO to lead ambitious Morocco-UK power project
Xlinks First Ltd. has appointed a new chief executive officer to lead its ambitious plan to transmit electricity from a solar and wind power plant in Morocco to the UK via a subsea cable,
Veri Energy boss Salman Malik unveils his green dream for UK North Sea
Sullom Voe will continue to 'define the economic landscape of Shetland', he told guests at Prosper's Annual Lecture in Aberdeen.
UK subsea sector calls for more surety and less ‘political point scoring’
Subsea sector leaders are calling for greater industrial support and project surety to help them navigate the energy transition.
EU industry calls for green shift help to keep up with China, US
The heads of major industrial companies want the European Union to cut energy costs and the regulatory burden of green rules to help the region stay competitive as the energy transition accelerates.
James McCallum: Energy firms must embrace ‘power of technology’ to ease their troubles
Xergy founder James McCallum discusses the role of technology in helping improve energy firms' margins.
North Sea boss calls for new licences to be issued until 2035
Francesco Mazzagatti called for the UK to develop a more coherent energy transition policy inclusive of oil and gas producers.
Aberdeen University joins £2.6m energy transition minerals initiative
The TARGET initiative aims to train the next generation of minerals resource experts focused on the energy transition
2024 the year of a ‘Sea Change’ in the North Sea
The UK urgently needs coordinated and integrated transition plans to ensure a just and fair transition for all, writes Professor Paul de Leeuw
Accelerating energy jobs in 2024
As we approach the end of one year and look ahead to opportunities and ambitions for the next, I think it is clear to see that the UK stands on the brink of a remarkable opportunity to lead the charge in the global energy transition.
Triple Boxing Day cheer for Balmoral Group boss Sir Jim Milne
North-east entrepreneur Sir Jim Milne is celebrating his 83rd year by announcing a 37% year-on-year jump in turnover at his Balmoral Group.