What is the future of the North Sea in the UK’s energy transition?
UK oil and gas refineries have fuelled economic growth and development at home and abroad. But the huge challenges of energy security, affordability and sustainability mean the UK has set ambitious targets to reduce its dependence on oil and gas.
In a one-off evidence session on Wednesday 29 October the Committee will investigate how energy companies are approaching these challenges and how the UK can ensure that the transition to renewable energy is planned so that those in oil and gas have good opportunities in nuclear and renewables.
Meeting details
In the first panel the Committee will question ExxonMobil and Ørsted UK, energy companies at different stages of the energy transition, and Fuels Industry UK, the trade association for companies involved in refining, renewable fuel production, terminal operations and filling stations. This will focus on the future of oil and gas in the UK: the commercial and economic considerations in the continued production of fossil fuels, transition fuels and the move to renewables.
The second panel will focus the future of the North Sea and how the UK workforce can be supported and upskilled for the new, renewable energy economy, with the Committee questioning witnesses including the North Sea Transition Authority and Unite on the role of the North Sea in the UK’s future energy mix and the transition of the sector.