There are clear calls for and a push towards a cleaner energy future, but it is also generally acknowledged that the huge and growing demand for electricity in the UK cannot yet be reliably delivered by renewable energy sources alone. Therefore, a transition period is necessary, during which it makes sense to maximise the use of gas, the cleanest fossil fuel, while further work is undertaken on the development of cost-effective renewable generation and storage technologies.
Gas to wire offers an ideal means by which to do this, since facilities can be operated cost-effectively at lower production rates than is the case for traditional gas production and export facilities, meaning greater volumes can be recovered economically. In addition, there could be opportunities in future to leverage infrastructure installed for gas to wire projects in the development of offshore renewables projects.
When you add in the benefits to operators and the taxpayer of deferring the expensive decommissioning of offshore infrastructure that would otherwise be reaching the end of its useful life, it seems that gas to wire represents a win-win solution, offering a ‘cleaner2greener’ path to a lower carbon future – but we’d be interested to hear what you think…
Looking forward in hearing more about the specifics that are involved in the projects.
This is a great addition to the shareholder experience.
Typically how much more Gas would be recoverable using GTW than the traditional methods and over time the cost savings are we taking in the millions of operational expenditure