£16.5 Million To Support Energy Transformation
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07/08/2021£16.5 Million To Support Energy Transformation
More than £16m has been announced for projects to reduce emissions in the North Sea oil sector.
Transport and Net Zero Secretary Michael Matheson announced the £16.5m for a range of seven energy schemes during a visit to Aberdeen.
They include how to facilitate hydrogen exports using existing pipelines.
The investment is being provided through the Scottish government’s Energy Transition Fund and is being matched by the industry. The schemes are being led by the Net Zero Technology Centre.
Seven projects will be developed through the centre’s Net Zero Technology Transition Programme (NZTTP) to transform the North Sea energy system, with a focus on emissions reduction.
The programme is expected to deliver £403 billion for the economy and 21,000 jobs by 2050.
