In May 2019, the UK became the first major economy to pass a net zero law for greenhouse gas emissions, reducing the nation's contribution to global warming by 2050. Integrating the UK offshore energy sector will forge closer links between oil and gas and renewables.
The Oil and Gas Authority (OGA) asked Lloyd's Register to conduct studies into the technical feasibility and viability of offshore integration concepts and to recommend viable options for helping to lower the oil and gas industry’s carbon footprint and decarbonise the UK economy. The project considers how oil and gas infrastructure and capabilities can be leveraged for CCS, and to support renewable energy production and hydrogen generation, transportation and storage. The interim report was issued by the OGA in December 2019 (here).
The report emphasises that opportunities for UKCS deployment are plentiful, diverse and location-specific. Additionally, the UK has significant wind power potential, untapped carbon storage capacity, and extensive oil and gas infrastructure in place. All the concepts discussed in the report can reduce carbon dioxide emissions but differ in terms of scalability and timeline.
Alison Kerlogue, LR's expert voice on Energy Integration and Carlo Procaccini, Head of technology at the OGA, share their insights and recommendations.