HomeBussinessParty manifestos should champion a homegrown energy transition - OEUK - Aberdeen...

Party manifestos should champion a homegrown energy transition – OEUK – Aberdeen Business News

Date:

Related stories

Revealed: most advertised jobs in North and West Cumbria

Figures from the Office for National Statistics...

Scotland placed second of 12 UK nations and regions on key performance measure

And Scotland recorded the second-fastest growth in...

Ukraine-Russia war latest: North Korea ratifies military pact with Moscow

Andy Gregory12 November 2024 01:541731372720British family pays tribute to...

The city with a bridge that has a whole neighbourhood built on top of it

China is home to an incredible city with more...

North’s private sector firms continue to lead UK growth table

Northern Ireland remained the UK’s stand-out economic performer in...
spot_imgspot_img

WITH MORE than 200,000 jobs, energy security and the race to net zero at stake in this year’s General Election, Offshore Energies UK is urging politicians of all parties to support the principles laid out in the OEUK manifesto.

In the right economic, fiscal and political conditions, the manifesto says £200 billion of new private capital for offshore energy projects can be delivered by 2030 across the UK’s energy mix including wind, hydrogen and carbon capture as well as maintaining domestic oil and gas supplies. 

Subscribe to our daily newsletter

Why? Free to subscribe, no paywall, daily business news digest.

OEUK represents more than 400 companies of all sizes producing oil, gas, wind and hydrogen energy, as well as carbon capture technologies and the energy supply chain. 

With supportive government policy the OEUK manifesto shows the offshore energy industry can: 

  • Create a homegrown energy transition that leaves no-one behind 
  • Sustain existing jobs while growing the skilled workforce of the future 
  • Deliver £200 billion of private investment over the next decade, spurring economic growth and technological innovation 
  • Provide half of the UK’s energy needs by 2030 in an uncertain world 
  • Meet the UK’s net-zero commitment before 2050 

OEUK CEO David Whitehouse commented:

“We expect economic growth, jobs and energy to be at the heart of all the major parties’ plans when their manifestos appear next week.

“But policymakers must take people and communities with them. We need to ensure we build an energy future that leaves no one behind.

“We are asking politicians to back the UK offshore energy sector and its people.  With the right support, this industry can deliver a homegrown energy transition that unleashes our potential and powers the UK’s future.”

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img