The UK’s oil and gas industry, regulators and offshore wind developers are optimistic about overcoming technical, commercial and other challenges — including a bill of up to £5 billion ($6.76 billion) — to electrify enough North Sea platforms to meet impending emissions reduction deadlines.
The North Sea Transition Deal signed with the UK government last year committed the industry to reducing greenhouse gases emitted during production by 10% through 2025, rising to 25% by 2027, and 50% by 2030 — against a 2018 baseline — before hitting net zero by mid-century.
News article on 17 February 2022 by Rob Watts from upstreamonline.com
For further reading, please visit upstreamonline.com >> Power play: UK North Sea industry up for the challenge of electrifying oil and gas platforms