The OGTC released on 16 September 2020 a comprehensive roadmap setting out the critical technologies needed to deliver an integrated net-zero energy system on the UK Continental Shelf (UKCS), highlighting the major economic opportunity this transformation offers.
Closing the Gap: Technology for a Net Zero North Sea, produced by global natural resources consultancy Wood Mackenzie for the OGTC, with support from Chrysaor and the Scottish Government, sets out a technology roadmap for an integrated energy future in the North Sea.
The report outlines how accelerating the development of new energy technologies can dramatically reduce emissions, and how adopting new technologies will harness the full potential of the UK’s world-class natural resources from renewable power sources and oil and gas, to hydrogen and long-term carbon storage.
Maximising the opportunities to innovate across the renewable and fossil fuel sectors could create more than 200,000 new jobs across the UK and contribute more than £2.5 trillion to the nation’s economy by 2050. It would also create a diversified energy sector, support a new generation of highly skilled jobs and open up exciting export potential.
The oil and gas sector, including its workforce, supply chain and infrastructure, can enable and accelerate the growth of the renewables sector, while renewable energy sources will be critical in supporting the oil and gas industry on its journey to net zero.
Realising this integrated vision will require £430 billion of new investment to close the gap on a number of crucial technologies and accelerate their deployment. These include:
Oil and gas platform electrification, methane leak detection and flaring mitigation
Larger blades, taller towers and automated inspection technology for fixed offshore wind
Optimised and standardised floating offshore wind foundation designs
Innovative hydrogen membranes and CO2 sorbents to improve blue hydrogen yield
New saltwater electrolysis technologies to reduce the cost of green hydrogen production
Advanced catalyst materials for hydrogen fuel cells to reduce costs and improve durability
New solvents, sorbents, membranes and conversion solutions to reduce the cost of CCS
Power take off solutions and support systems for marine renewables such as floating solar
This report looks at the opportunities and challenges from integrating high levels of renewables on the electricity grid make a strong case for the synergies between offshore wind (OSW) and green hydrogen production. Offshore wind and hydrogen together form a compelling
combination as part of a net zero economy for the UK, with the potential to make major contributions to jobs, economic growth and regional regeneration as well as attracting inward investment, alongside delivering the emission reductions needed to meet our commitment to Net Zero.
The Offshore Wind Sector Deal builds on the United Kingdom’s global leadership in offshore wind, maximising the advantages for UK industry from the global shift to clean growth.
This Sector Deal builds on the UK’s global leadership position in offshore wind and seeks to maximise the advantages for UK industry from the global shift to clean growth, consistent with the Clean Growth Grand Challenge.
Tap the title to access the full report.Link: https://www.gov.uk/government/publications/offshore-wind-sector-deal/offshore-wind-sector-deal