The Oil and Gas Authority (OGA) has employed Progressive Energy to conduct an in-depth feasibility research which might establish the worth of creating an power hub on the Norfolk coast.
OGA stated preliminary evaluation of Bacton was already performed by the OGA, figuring out it as a key precedence space plan.
It presents a chance to be developed as an power hub,
supporting each the business’s drive to achieve net-zero greenhouse fuel emissions
by 2050 and maximising financial restoration from the UK Continental Shelf.
Bacton is already dwelling to a posh of 5 fuel terminals
and is in a big wind energy progress space, as nicely having the potential to
produce hydrocarbons into the 2040s.
According to the OGA, the research is meant to deepen
understanding of whether or not it’s a appropriate location for utilizing current fuel
reserves as a transition gasoline to supply blue hydrogen as an initiator for
development to inexperienced hydrogen era.
Progressive Energy now began its evaluation which might study
a number of current concepts inside the oil and fuel and renewables sectors, to evaluate
whether or not an power hub at Bacton is viable and would set out choices which may
be explored additional by any potential business consortium.
The evaluation will have a look at potential hydrogen provide and
demand within the space, the combination alternatives for hydrogen and hydrocarbons,
and the function hydrogen can plan in smoothing out the power demand peaks and
troughs related to present and future wind farms in and round Bacton.
Also, it’ll evaluation the know-how required for blue and
inexperienced hydrogen manufacturing, and quantify how a lot hydrocarbons will nonetheless be
required for typical makes use of throughout the transition, and consequently
accessible for blue hydrogen.
When Progressive Energy completes the report, the OGA will
resolve on the way to proceed with the following stage of the mission which might draw
collectively completely different power sectors to plan an power plan for the area.
Alistair Macfarlane, OGA SNS space supervisor, stated: “This is an thrilling mission that would convey actual advantages by way of the dual targets of maximising financial restoration and supporting the drive to net-zero.
“The OGA-led mission will hopefully stimulate power transition exercise at a hub thought-about to be a number one potential web site and, on the similar time, convey collectively organisations inquisitive about creating an thrilling future for Bacton.
“An power hub situated at Bacton would contain a number of sectors, every with their aspirations. By clearly setting out a imaginative and prescient via the report, hopefully, the worth of collaboration throughout all of the power sectors will probably be compelling and result in repurposing of current infrastructure to assist the UK’s power transition”.
David Parkin, mission director of Progressive Energy, added: “We are excited to be serving to the OGA to establish alternatives to decarbonise and drive the power transition at, and round, Bacton and are eager to make use of our abilities and expertise from growing the HyNet carbon cluster within the North West to convey the large advantages of a decarbonised power hub develop to East Anglia”.
The put up OGA launches research to create potential power hub appeared first on Offshore Energy.