Driven by society’s need to tackle climate change, renewable energy-based power generation is growing exponentially worldwide and especially in Europe where wind power alone now accounts for around 16% of capacity.
In 2014, when involved in developing Aberdeen Renewable Energy Group’s roughly 100MW Aberdeen Bay Windfarm plan, I and other members of the team were offered a briefing on a new way of bidding projects designed to drive down prices.
Yesterday's announcement by Sunak was far from destructive for the North Sea oil & gas industry given the generous projects investment tax relief, but it fails, as it turns out, in at least one critical way.
“Put simply, a just transition is about moving to an environmentally sustainable economy (that’s the ‘transition’ part) without leaving workers in polluting industries behind,” says NGO Greenpeace
Reach back 20 years and there was much excitement about the idea that renewables would kick open the doorway to distributed energy; the notion that power generation would be somehow spread equitably throughout the land and be friendly.
It has been more than 20 years in the making, but at last Aberdeen has got its big chance to prove that it really can become a major player in offshore renewables and especially wind.
Not many days ago, a Scottish MSP said the Holyrood government ought to revive an initiative originally set up in 2015 to protect and sustain oil and gas jobs at a time of crisis.
I can imagine the expletives uttered the length and breadth of the North West Europe Continental Shelf as folk across the offshore oil & gas industry woke up this morning … from operators right down the food chain to the smallest service companies.
“Demand for oil will peak in 2022, driven by expectations for a surge in prominence of light electric vehicles, accounting for 50% of new car sales globally by 2035.”
It’s very good news that Enquest has manage to successfully bring the UKCS Quadrant 9 Kraken heavy oilfield onstream, 22 years after oil was first encountered in 1985.
Catch-up on all the week’s top news with Energy Voice’s Friday Five. Scroll through our gallery to see what oil and gas tax specialist and EV’s guest editor Derek Leith chose as his top picks of the week.
We've rounded-up our best opinion pieces of the year. Jeremy Cresswell, Energy editor of our sister paper the Press & Journal, has an opinion that packs a punch. His take on the latest energy issues have become a monthly staple. From having a renewables go to calling out the big energy players, scroll our gallery and click 'read article' to read some of his best columns in full.