Opportunity North East (ONE) set out its ambition to help create a world-leading Energy Transition Zone (ETZ) on 24 January to accelerate the delivery of net zero solutions in the north east of Scotland.
ONE announced plans to work with regional and industry partners, including Aberdeen City Council and Aberdeen Harbour Board, to create an ETZ in the city. The ETZ will provide the physical infrastructure and collaborative environment to fast track investment in the region. Solutions include offshore wind, hydrogen and carbon capture usage and storage.
Sir Ian Wood KT GBE, Chair of Opportunity North East, said: “Urgent action supported by large scale investment is required if we’re to meet Scottish and UK Government net zero targets by 2045 and 2050. This region, with the backing of government and industry, from operators through the supply chain, is committed to delivering solutions. Our region has made an invaluable contribution to the UK’s energy requirements over the last 50 years and we can now add to this with a significant contribution to the net zero objective.”
He continued: “This project aligns with both Governments’ focus on place based economic growth and the plans for a ‘Transformational Sector Deal’ for the oil and gas industry, which will focus on facilitating and catalysing activities and projects to create a net zero solutions energy industry.”