Fast-tracking energy transition
A five-year collaboration to deliver next generation energy technologies and accelerate the United Kingdom’s transition to a net zero future is announced by the Energy Transition Alliance (ETA), formed by The Oil & Gas Technology Centre (OGTC) and Periscope partner the Offshore Renewable Energy (ORE) Catapult.
The aim is to collaborate with the energy industry to drive a focused, funded programme to develop advanced technologies, including the next generation of hydrogen production and floating offshore wind.
This is a ground-breaking collaboration which aims to transform the energy sector, accelerating the UK’s transition to a net-zero future, ensuring a reliable and secure source of power for the UK and an indigenous and competitive 21st Century energy technology sector. Of vital importance to the future of the energy sector will be transition of supply chain, skills and workforce from the oil and gas sector to renewables.
Partners in the ETA are launching an ambitious programme of five initial projects, which include:
- Floating wind foundation competition: stimulating innovation in floating wind, to reduce the cost of floating foundations by 25-30%
- AC/DC Footprint miniaturisation: developing a prototype AC/DC conversion technology that reduces CO2, has a footprint 10x smaller and 5x cheaper than existing technologies and is anticipated to generate £7.7bn savings to industry
- Power from shore: a call to industry for technologies which reduce the cost of power from shore, including cross-operator projects, and can help industry eliminate offshore platform CO2e emissions which currently represent 2% of the UK’s total CO2e emissions
- Offshore renewables supply chain deep dive study: maximising the full potential of the supply chain in the production, installation and decommissioning of offshore renewables, creating 27,000 jobs in offshore wind by 2030
- Sustainable wind turbine decommissioning: developing a commercially viable solution for the cost-effective recycling and re-processing of wind turbine blades, which is expected to bring $1bn value to market