Offshore Industry: Renewable Energy
The question
To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to encourage offshore oil and gas companies to (a) transition from fossil fuels and (b) increase their level and proportion of investment in renewable carbon energy sources.
Answered by Michael Shanks
Making Britain a clean energy superpower is one of the five missions of this Government, and oil and gas companies will have an important role to play in the transition.
We have begun the biggest ever investment in offshore wind and are moving ahead with new industries including carbon capture and storage, and hydrogen which will attract further private investment.
Great British Energy will play a key role in driving the private investment needed to deliver our mission, acting as a partner to industry by co-investing in leading technologies of the future.
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