Pixie Chart of the week | Under pressure: OGAs role in meeting net zero

Under growing pressure from the UK’s 2050 Net Zero target, we are beginning to see the release of industry strategies detailing pathways to zero emissions. Among these is the Oil and Gas Authority’s (OGAs) UK Continental Shelf (UKCS) strategy. It surrounds the idea that UKCS oil and gas will remain an “important part” of the UKs energy mix for the foreseeable future. However, with National Grid’s Future Energy Scenarios (FES) forecasting that UKCS sources decline under scenarios, and are exhausted before 2050 under all scenarios except Steady Progress, it is important for the OGA to remain quick to the draw in Net Zero measures.

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