View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
July 13, 2022updated 07 Sep 2022 8:41am

Offshore investments could create 26,000 new energy jobs by 2030

Research from Robert Gordon University suggests investments in the offshore industry could generate a high number of energy jobs in the coastal regions of the UK

By Smruthi Nadig

Research from Robert Gordon University (RGU) has found that around 26,000 new energy jobs could be created by 2030 due to investments in low-carbon technologies in the offshore sector.

Free Report
img

Carbon Capture, Utilization, and Storage set to play key role in reducing global emissions

Carbon Capture, Utilization, and Storage (CCUS) has emerged as one of the key technologies set to reduce carbon emissions, proving especially useful in projects where eliminating all process emissions is not possible  As a result, Oil & Gas companies are investing in CCUS projects as part of ongoing strategies to reduce their emission footprint and boost sustainability efforts.   Our recent report, CCUS Strategies in Oil and Gas, reveals that the energy sector accounts for approximately three-quarters of total greenhouse gas emissions and has a key role to play in reducing global warming over the coming decades.   Our report will help you:  
  • Understand CCUS and its importance in reducing global emissions 
  • Analyze CCUS plant trends 
  • Gain insight from leaders in the Oil & Gas industry on implementation of CCUS projects 
Download the report now to get ahead of this trend and make strategic investments.  
by GlobalData
Enter your details here to receive your free Report.

The research was commissioned by Offshore Energies UK (OEUK) under the North Sea Transition Deal, a 2021 agreement between the offshore oil and gas industry and the UK Government. 

RGU examined the potential benefits of three new, rapidly developing energy technologies: mass production of hydrogen as a fuel source; carbon capture, usage and storage (CCUS); and the electrification of offshore platforms to reduce emissions from oil and gas productions.

The research also forms part of the energy industry’s response to the UK’s energy security strategy targets, which were announced last April. If these targets are met, coastal regions such as East Anglia, north-east England and Scotland, Merseyside and North Wales could be flourishing with new jobs. The RGU research notes that the 26,000 new jobs that could be created would be equivalent to 15% of the current offshore workforce.

OEUK’s director of supply chain and operations, Katy Heidenreich said, “This study shows that the offshore energy workforce in the UK is at the heart of the energy transition”.

If the British Energy Security Strategy targets are met by 2030, there could be considerable benefits for the UK. The UK has the potential to store around 30 million tonnes of carbon dioxide underground every year, and aims to produce 10 gigawatts of hydrogen, roughly equivalent to 10 large power stations. For offshore, in particular, the targets include running 10 offshore oil and gas platforms on low-carbon electricity.

“The proposed carbon dioxide transport and storage facilities supported by this bill will establish a new CCUS industry across the UK which could support up to 50,000 jobs by 2030”, reads in the Energy Security Bill.

Related Companies

Free Report
img

Carbon Capture, Utilization, and Storage set to play key role in reducing global emissions

Carbon Capture, Utilization, and Storage (CCUS) has emerged as one of the key technologies set to reduce carbon emissions, proving especially useful in projects where eliminating all process emissions is not possible  As a result, Oil & Gas companies are investing in CCUS projects as part of ongoing strategies to reduce their emission footprint and boost sustainability efforts.   Our recent report, CCUS Strategies in Oil and Gas, reveals that the energy sector accounts for approximately three-quarters of total greenhouse gas emissions and has a key role to play in reducing global warming over the coming decades.   Our report will help you:  
  • Understand CCUS and its importance in reducing global emissions 
  • Analyze CCUS plant trends 
  • Gain insight from leaders in the Oil & Gas industry on implementation of CCUS projects 
Download the report now to get ahead of this trend and make strategic investments.  
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology