Lloyd’s Register responds to UK parliament climate change report

“The CCC’s latest recommendations to government are a positive step in our journey to a net-zero future, highlighting the industry’s drive and energy to operate in a more sustainable manner. They do however shine a light on the areas that need critical attention if we are to succeed in achieving the net-zero targets.

“The report rightly calls for an increased focus on enabling technologies if we are to be successful in reducing carbon emissions. In particular, renewable technologies have some way to go, especially when it comes to energy storage. It is essential to consider not only moving to renewable and sustainable sources of energy, but also how to decarbonise.

“LR conducted a study this year on behalf of the OGA, looking at some of the potential options for decarbonisation and how we can move to an integrated energy future. Solutions included marrying oil and gas infrastructure with evolving carbon capture and storage (CCS) technology. Hydrogen is also emerging as an important alternative energy source which will support the transition from oil and gas, and in the future we may see these technologies, combined with offshore wind, work together to create integrated energy hubs.

“It is clear, cross-collaboration with industry and government is fundamental to our future success. It is this focus that will drive the energy sector to collaborate and effectively support the creation of a cleaner, more sustainable future for generations to come. We at Lloyd’s Register hope these recommendations will spur wider change and help to create new opportunities.”

Read the article online at: https://www.worldpipelines.com/business-news/25062020/lloyds-register-responds-to-uk-parliament-climate-change-report/