The new Energy Transition Outlook report by industry body oil & gas UK argues that to maximise North Sea production by 2035, ensuring the security of supply during this transition period.
It is mentioned that the political, economic, technological and social drivers that influence the UK energy mix and provides a roadmap showing how existing offshore technology can be used to deliver climate change ambitions according to a 20-page report.
“Despite the rapid advances in lower carbon technologies there is an ongoing demand for oil and gas in several key areas including transport and domestic heating,” OGUK energy policy manager Will Webster said.
Source: oilandgaspeople