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Demand for engineers increasing, with rapid growth in green jobs 26 May 2023

As the UK ramps up its focus on becoming a net zero economy, a new report commissioned by EngineeringUK has found that demand for engineers is predicted to grow faster than for other occupations and that vacancies for ‘green engineering’* roles in the UK have increased by more than half (55%) over the last five years....

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World’s largest green hydrogen project’s total investment value closes at $8.4 billion 23 May 2023

NEOM Green Hydrogen Company (NGHC) has announced that following signing financial documents with 23 local, regional, and international banks, and investment firms, it has now achieved financial close on the world’s largest green hydrogen production facility at a total investment value of $8.4 billion (£6.7bn)....

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UK awards 20 carbon storage licences 22 May 2023

The North Sea Transition Authority (NSTA) awarded 20 carbon storage licences at offshore sites on 18 May. The UK’s first-ever carbon storage licensing round was launched in June 2022, with applications closing in September. The 20 licences in total are around 12,000 square kilometres in size and are located in areas such as Aberdeen, Teesside, Liverpool and Lincolnshire....

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UK government consults on proposals for making the NSTA the offshore hydrogen transport & storage regulator 24 April 2023

The UK government has opened a consultation on future regulatory arrangements for offshore hydrogen, which is seeking views on proposals for a ‘first layer’ of arrangements for transport and storage....

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First projects selected to support green innovation and help decarbonise North Sea 24 March 2023

Crown Estate Scotland has announced the results of the world’s first leasing round designed to enable offshore wind energy to directly supply offshore oil and gas platforms. INTOG (Innovation and Targeted Oil & Gas) leasing aims to attract investment in innovative offshore wind projects in Scottish waters, as well as help decarbonise North Sea operations....

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Japan-Australia hydrogen energy supply join venture awarded $1.62 billion 15 March 2023

An Australian joint venture between Japanese organisations J-Power and Sumitomo Corporation has been selected as the preferred hydrogen provider to Japan Suiso Energy (JSE). The clean hydrogen gas will be produced from brown coal in Gippsland, Victoria and JSE will liquify the hydrogen for export to Japan....

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Crown Estate and Crown Estate Scotland launch first market engagement on Carbon Capture Utilisation and Storage 07 March 2023

The Crown Estate and Crown Estate Scotland have announced the first round of formal engagement with developers on Carbon Capture Utilisation and Storage (CCUS). The two organisations have issued a joint survey to industry stakeholders to explore and understand market requirements for future seabed and subsurface carbon store development....

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BP launches plans for low-carbon green hydrogen cluster in Spain’s Valencia region 28 February 2023

BP announced on February 28 that it had launched a green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery. Led by BP, this public-private collaborative initiative is intended to be based around the phased development of up to 2GW of electrolysis capacity by 2030 for producing green hydrogen at BP’s refinery....

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Essar to invest £3 billion in UK and India energy transitions 27 February 2023

Indian multinational conglomerate Essar Group has announced the formation of Essar Energy Transition (EET) to drive the creation of an energy transition hub in North West England. EET plans to invest a total of £2.9 billion in developing a range of low carbon energy transition projects over the next five years, of which £1.9 billion will be invested across its site at Stanlow and £1 billion in India....

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Global hydrogen pipeline plummets, counterbalanced by record electrolyser manufacturing announcements new analysis shows 23 February 2023

The total global announced capacity for hydrogen projects reached 71.4 million tonnes per annum (Mtpa), but 2022 falls short of becoming a record year according to latest analysis from energy research and consultancy firm Wood Mackenzie....

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