Statera Energy's plans to produce green hydrogen in Kintore puts the Aberdeenshire town in the same league as Saudi Arabia's Neom and the Port of Rotterdam, it has been claimed.
Air Products is also working on receiving facilities in Europe. In November 2022 it set out plans, with Mabanaft, to build a green ammonia import facility in Hamburg. This project should start up in 2026.
Alongside offshore oil, gas, wind and hydrogen, the North Sea could play host to space-based solar collectors under plans proposed by a UK technology developer.
By Andrej Kormuth, Ronen Lazarovitch and Clint Steyn, partners at Bracewell
The Middle East’s oil and gas has put the region at the heart of the energy sector the last 100 years. These resources, plus plentiful sunshine, will see it continue to play a major role into the energy transition – but there will be bumps along the way.
Saudi Arabia’s Crown Prince Mohammed bin Salman has announced plans for a new £380 billion city to be built to run entirely on alternative energy and be an innovation hub for the future.