Breaking: UK energy strategy to ‘breathe new life’ into North Sea and Net Zero
Breaking: UK energy strategy to ‘breathe new life’ into North Sea and Net Zero
A commitment to North Sea oil and gas while ramping up nuclear, hydrogen and offshore wind, is at the heart of a new UK strategy to protect consumers from future surges in energy bills.
The “British Energy Security Strategy” includes a commitment to a new licensing round for North Sea oil and gas in the Autumn, and has been hailed by industry leaders, including bosses at Shell and Neptune Energy, as a “once-in-a-generation” opportunity to ensure an orderly transition to net zero.
Announced this evening, a major boost to nuclear, offshore wind and hydrogen form core pillars of the plan to ensure 95% of UK electricity is low carbon by 2030, and deliver “40,000 more jobs in clean industries” within that timeframe.
Select Sector 
Select Country 
