The Royal Society, Britain’s oldest scientific academy, has called on the government to kick-start the construction of large-scale hydrogen storage facilities to meet its 2035 Net Zero target for a zero carbon electricity network.
By 2030, only half of the predicted £200 billion offshore sector investment will be committed to projects, trade association Offshore Energies UK (OEUK) has said.
The University of Aberdeen is developing a green hydrogen storage technology which would allow renewable energy to be captured in depleted oil and gas reservoirs.
Recent polling by the Energy and Climate Intelligence Unit (ECIU) has found a growing appetite for hydrogen technologies but levies on bills should be avoided.
The Energy Industries Council (EIC) has released a damning new report revealing that oil and gas projects are “more valuable and more likely to proceed with full funding than renewables".
The Net Zero Technology Centre (NZTC) has opened applications for its 2024 cohort of the TechX Accelerator programme offering up to £100,000 each to 12 low-carbon technology start-ups.