Energy Transition Series: Oil and Gas
ENERGY TRANSITION SERIES: OIL AND GAS
Series of webinars organised by PES GB and REA
On-line weekly EVENING sessions | May through July 2021 | 6:00 pm – 7:15 pm
Following the PES GB’s successful first webinar series held over the summer 2020 (with its main aims to increase the awareness of its members of the spectrum of industries operating in the UK to deliver clean energy (zero net greenhouse gases), the REA and PES GB are hosting a webinar series delving deeper into the Energy Transition story.
The white paper acknowledges the role that oil and gas contributes to the economy both in jobs and revenue, but also notes that gas demand will drop to 80% of current levels. The paper outlines the Net Zero Basin strategy proposed by OGA while also policy levers to incentivise the switch to clean energy. The paper also introduces the North Sea Transition Sector Deal which presents support for:
- Cleaner energy production through reductions in fugitive emissions and on site energy consumption
- Supporting the delivery of CCUS
- Diversifying the oil and gas supply chain into new energies
- Supporting the development of hydrogen production
- Safeguarding existing jobs and establishing tens of thousands of new high-quality jobs across the sector in diversified energy technologies.
Sessions 5, 6 and 7 discuss the energy demand and the pace of change. These will have profound implications on the pace and nature of the change ‘imposed’ on the oil and gas industry. A faster switch to an electricity driven economy would result in a reduced demand for hydrogen and consequently a faster drop in demand for gas.
These are big questions that impact all of us in the energy sector, be it oil and gas, nuclear and renewables.
To discuss the response to the White Paper and the Energy Transition, the webinar team are inviting representatives from the leading operators and supply chain along with OGA. The regulator working alongside industry through the transition will be a key success factor in enabling a ‘just transition’.
WEBINAR SCHEDULE | 6:00 pm – 7:15 pm
Thursday 01 July 2021 – Oil & Gas – rising to the challenge of the energy transition and the profound implications of the change ‘imposed’ on the oil and gas industry
Thursday 08 July 2021 – Summary and final thoughts – bringing it all together for a Net Zero future
More information on all session topics and speakers soon to be announced.
For any issues with booking please contact [email protected].