Innovative partnering between oil and gas, renewables, hydrogen and carbon capture can accelerate energy transition - oil and gas infrastructure and capabilities can be leveraged for carbon capture and storage (CCS), and to support renewable energy production and hydrogen generation, transportation and storage.
The UKCS Energy Integration: Interim Findings report, published in December 2019, summarises the first phase of the UK Continental Shelf (UKCS) Energy Integration project which is led by the OGA, working with BEIS, The Crown Estate and Ofgem, and funded by a grant from the Regulators’ Pioneer Fund.
Further details on the first phase of the study can be viewed here. It is expected that phase 2 of the study will be published in summer 2020.
The diagram below represents some of the energy integration possibilities involving the offshore oil and gas sector.