OGUK has welcomed the publication of the OGA Energy Integration Project report today (August 6), which reinforces the focus of industry to work together in developing clean energy systems to deliver its net zero ambitions.
At the same time, OGUK is also discussing a transformational sector deal with the UK Government, which will also set out how the UK’s oil and gas industry will play its part in supporting a green recovery
that attracts investment, jobs and supports the supply chain.
Commenting on the report, Deirdre Michie, chief executive at OGUK, said:
“The OGA’s Energy Integration Report confirms the huge contribution of this industry to unlocking the UK’s low carbon energy future and what
can be achieved through collective action.
“With confirmed government, regulatory and industry support, the essential building blocks are in place and the energy transition is now no longer an ambition – but happening in real time.
“We already know the powerful combination of this sector’s skills, capabilities and infrastructure are advancing new technologies on the road to net zero, with some key projects already underway.
“Through the energy transition, we have a once in a lifetime opportunity to show how we, as an oil and gas producing country, can successfully build a more diverse and lower carbon energy mix in a way that embraces the skills and talents of our people, provides secure and affordable energy to all, and unlocks thriving energy communities both now and in future.
“The sector deal will be fundamental to accelerating our route to becoming a net zero basin by 2050 and supporting the aspirations of both governments in achieving their net zero ambitions.”