The North Sea Transition Authority (NSTA) will publish its decarbonisation plan for the UK’s offshore energy industry as part of the national plan to meet net zero greenhouse gas emission targets by 2050.
Mark Wilson, OEUK’s HSE and operations director comments:
'The UK offshore energy sector is committed to meeting the decarbonisation targets and has made great progress already by reducing emissions 24% since 2018 with a 45% reduction in methane from flaring and venting in the same time period. It is recognised the importance of building on this achievement with the continued investment to deliver future decarbonisation reductions.
'Offshore Energies UK has been engaged with the NSTA on the consultation for the OGA plan and provided a clear recommendation for industry to demonstrate ongoing ownership of the decarbonisation journey, with regulatory intervention available as a backstop if required.
'A study to evaluate how the industry will meet decarbonisation targets commenced in early 2024.
'Initial findings of the study show a clear commitment from industry to meet the 2030 target of a 50% reduction of greenhouse gas emissions based upon the 2018 baseline. The study is taking a collaborative approach to its work and will include the role that technology can provide in delivering current and future decarbonisation solutions which are not limited to electrification.
'As part of the OGA plan ongoing engagement will occur between industry and the NSTA to ensure that the full range of decarbonisation opportunities are evaluated to meet the North Sea Transition Deal targets.'
Source: OEUK
