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UK and Europe news Regional update
The UK events team has focused on a number of energy transition events in the past few months, with energy transition now becoming the latest hyper-topic Jo Cam pbell and the pathway towards transformation of the global energy sector from fossil-based to zero-carbon. Throughout the UK business leaders have come together for a number of EIC events, from working with the northern clusters to energy from waste, we also held regional energy storage showcases in London and Aberdeen, supported by Opportunity North East (ONE). Each of our events gave a market overview and discussed the huge supply chain opportunities which the UK’s transition to net zero will deliver. March will see us continuing with this energy transition theme as we deliver a free breakfast briefing – driving towards a sustainable energy mix, in partnership with Lloyd’s Register on Wednesday 4 March. With the UK government making a commitment towards net-zero greenhouse emissions by 2050, the event looks at how we, as an industry, strike the balance of oil and gas exploration and production, decarbonisation and renewable energy sources. The event will focus on the key areas of the latest Oil and Gas Authority’s UKCS Energy Integration Report. If you wish to attend, please click here: https://www.the-eic.com/Events/EnergyTransition The global offshore wind project pipeline has shown no sign of slowing down in 2019, and with this market of opportunity, the EIC and World Forum Offshore (WFO) are holding a global offshore wind showcase in London, on Wednesday 18 March. This event invites key industry players to discuss the expansion of global offshore wind, the potential challenges and opportunities arising from this trend, the adoption to supporting net-zero targets, while also bringing developers and the global supply chain together. To book your place and view sponsorship and exhibition opportunities, click here: https://www.theeic.com/Events/GlobalOffshoreWindShowcase On Thursday 26 March, the EIC is again partnering with Lloyd’s Register to hold a breakfast panel briefing in Aberdeen – managing and optimising ageing assets. To hear how the shifting landscape adds a new dimension to operating models, click here to book on to this free event: https://www.the-eic.com/EventDetail?dateid=2675 The EIC is also supporting a number of external events this month, sponsoring the Internationalisation Award at the Offshore Achievement Awards on Thursday 19 March. Jo Campbell, Regional Director (UK & Europe) jo.campbell@the-eic.com Sign up for the EICOnline newsletter
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Forthcoming events
Driving Towards a Sustainable Energy Mix Wednesday 4 March 2020, Aberdeen with Lloyd’s Register
Global Offshore Wind Showcase Wednesday 18 March 2020, London
Managing and Optimising Aging Assets Thursday 26 March 2020, Aberdeen with Lloyd’s Register
Export Showcase: Opportunities in Norway Wednesday 22 April 2020, Aberdeen
Regional news
UK energy storage sector continues growth
At the start of the year the UK’s energy storage market made a myriad of progressions, demonstrating its importance as a key sector in the energy industry. In January, UK-based Gresham House Energy Storage Fund completed the £32.8m acquisition of the 49MW Red Scar battery from Noriker Power and Gresham House DevCo, and was expected to further acquire two 50MW projects and a 5MW extension to the pre-existing Littlebrook site in the following months. Following this, Gresham House Energy awarded multi-year contracts to Habitat Energy to provide optimisation services to three of its projects: a 20MW Wiltshire/Roundponds system, a 5MW Wolverhampton battery and the Red Scar development. In Northern Ireland, NEC Energy Solutions secured EPC contracts for the 50MW Drumkee and 50MW Mullavilly battery storage projects being developed by Gore Street Energy Storage Fund.
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