Insight
North Sea upstream electrification tracker: Q2 2023
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Report summary
As decarbonisation within the upstream sector takes centre stage, platform electrification is crucial for reducing Scope 1 emissions. The latest update of our North Sea electrification tracker reiterates Norway's continued dominance in this space, with 2022 being a record year for approved electrification investment. Power from shore projects dominate the project pipeline in Norway despite heightening public scrutiny. Whilst floating offshore wind electrification in the UK is being supported by innovative licensing and industry collaboration.
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