Trade association Energy UK has stated in a new report that by reinvigorating industry, net zero investment could “revive” less prosperous communities.
By 2030, only half of the predicted £200 billion offshore sector investment will be committed to projects, trade association Offshore Energies UK (OEUK) has said.
The University of Aberdeen is developing a green hydrogen storage technology which would allow renewable energy to be captured in depleted oil and gas reservoirs.
With yesterday’s (5 September) announcement that the UK government was to ease the de facto ban on onshore wind developments, the news has brought mixed reactions from across the industry.