Disruption can bring opportunities, and those businesses which have a mindset of accepting opportunities thrown up from the unwelcome disruption caused by Covid-19 will survive and thrive, while new businesses will emerge to capitalise on these opportunities.
The UK’s energy minister has reinforced that support for North Sea oil and gas is reliant on the sector “playing ball” in terms of decarbonisation.
Hydrogen is the new Holy Grail. The UK Government’s Energy White Paper gives it 175 references, three times the number for offshore wind and 10 times more than new nuclear.
The world’s eyes will be on Scotland in November when global leaders are set to meet in Glasgow for the COP26 summit, a year later than originally planned.
That’s what we are all asking as we approach the New Year. We are all hoping that the advent of vaccines will mean 2021 is more “normal” than 2020. However, the pandemic has also coincided with, and possibly accelerated, a more fundamental change in our society – our response to the climate crisis, so the new “normal” will be different to the old “normal”.
It is a fact of life that if you want to achieve net zero you need the technology that can make it happen. You can play around with what you think are smart economic wheezes such as contracts for difference and carbon tax but if you don’t have the technology to enable you to stop burning hydrocarbons then ultimately, they’re of no benefit whatsoever.
Emerging technologies will be key to delivering the Government’s decarbonisation strategy and 2050 zero-carbon target, according to energy experts at Pinsent Masons.
The UK Government has been urged to give “more detail” on planned support for the oil and gas industry in order to give the sector greater confidence.
The UK Government today vowed to agree a North Sea transition deal with the oil and gas sector during the first half of 2021.
The UK Government has vowed to support the North Sea oil and gas industry make the transition to net zero in its long-awaited energy white paper.
The UK Government’s upcoming energy white paper should give “serious consideration” to a proposed £100m decommissioning loan fund, according to a petroleum economist.
Westminster’s multi-billion pound plan for a “green industrial revolution” has been touted as a “welcome signal” of what the UK’s path to net zero may look like.
While some aspects of our everyday life changed significantly during the pandemic, two things have remained constant, our ever-increasing energy demands and questions around the capacity of our ageing energy infrastructure to meet this demand. That makes the Energy White Paper crucial and its continuing delay a problem.
The U.K. government is delaying publication of a policy document outlining its latest thinking about energy, leaving industry uncertain about how ministers will shape markets to meet their green goals.
The UK's energy minister has said the oil and gas industry will “need to change” to help the country meet its net-zero emissions target by 2050.
Lord Ian Duncan has raised concerns that a lack of money post-Covid could leave governments unable to make the policy interventions needed to drive the energy transition.