Scottish government to fund North Sea oil emissions reduction projects

Funding for projects to reduce emissions in the North Sea oil sector has been announced by the Scottish government, with the money being matched by the oil and gas industries.

Transport and Net Zero Secretary Michael Matheson has confirmed £ 16.5million for a series of seven energy programs run by the Net Zero Technology Center.

Projects include the production of low-carbon hydrogen to work with the Scottish offshore wind sector and the development of infrastructure to export hydrogen – using existing energy pipelines – across Europe.

The Scottish Government’s Energy Transition Fund money was announced by Matheson during a visit to Aberdeen South Harbor, where he held a meeting with figures from the North East energy industry to discuss the transition from sector towards net-zero.

READ MORE: Who Owns the North Sea? An interactive map allows people to discover

Matheson said: ‘The Scottish Government is fully committed to ending our contribution to climate change by 2045, and doing so in a way that ensures a just transition to net zero, ensuring that no one be left behind.

“We want to secure jobs for the energy workforce and create new jobs in the North East – and across Scotland – by seizing the huge opportunities presented by our energy transition and our wider journey to the net. zero.

“The Energy Transition Fund helps the energy sector to develop, diversify and accelerate the path to net zero, and supports the North-East’s ambitions to become a world leader in this transition.

“This funding will help the Net Zero Technology Center, in collaboration with industry and academia, strengthen Scotland’s role as a global leader in net zero technology solutions, ensuring security of energy supply, diversifying industry and creating the next generation of highly skilled people. , green jobs.

Net Zero Technology Center CEO Colette Cohen described the funding as a “milestone” for the center, “which will spur the development of key technologies for green growth in Scotland and the UK, create jobs, will attract investment and help establish a net zero class supply chain world ”.

She continued, “The funding will unlock some of the technology and innovation needed to provide an affordable net zero energy industry, and we are delighted to see industry and government supporting this national ambition.”

Oil and Gas UK Managing Director Deirdre Michie said: “The UK’s offshore oil and gas industry is changing and this is further recognition of its expertise essential to achieving zero emissions targets. net of governments.

“This is welcome support for the Net Zero Technology Center and for the many companies in our industry who are pioneering green energy while continuing to support the UK’s continued demand for oil and gas. .

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