Page 6 - Gi March 2019 - Flipbook
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industry & Government news


                   DIGEST                                                           GOVERNMENT


                                                                                    CHARGES UP ENERGY
                                                                                    STORAGE SECTOR

                                                                                    WITH £20M BOOST


                 BUMPER FIND EAST OF                                                THE DEPARTMENT for Business,
                                                                                    Energy & Industrial Strategy (BEIS)
                                                                                    has launched a new competition
                                                                                    for energy storage projects that
                 ABERDEEN GENERATES                                                 can potentially compete with more
                                                                                    established technologies.
                                                                                      Up to three demonstration
                                                                                    projects are expected to be built and
                 EXCITEMENT IN OIL AND                                              tested by the end of 2021 under the
                                                                                    Storage at Scale competition, reports
                                                                                    Energy Live News.
                                                                                      They could include electrical
                 GAS INDUSTRY                                                       energy storage with a minimum
                                                                                    power output of 30MW such as
                                                                                    compressed air, flow batteries and fly
                                                                                    wheels and power-to-x projects with a
                                                                                    minimum power input of 5MW where
                                                                                    hydrogen, ammonia or biomethane
                                                                                    could be generated from excess
                                                                                    renewable production and stored.
                                                                                      The competition will consider
                                                                                    proposals for innovative, large,
                                                                                    pre-commercial static electrical
                                                                                    energy or power-to-x energy storage
                                                                                    facilities. However, it is not open to
                                                                                    conventional types of technologies
                                                                                    like lithium-ion batteries, lead acid
                                                                                    batteries or pumped hydro.
                                                                                      The demonstrations should
                                                                                    be cost-competitive to existing
                                                                                    storage technologies and address
                                                                                    limitations such as degradation
                                                 THE FIND HAS BOOSTED HOPES THAT EXPLORATION ACTIVITY MAY RECOVER  and lifetime issues, geographical
                                                                                    restrictions as well as safety and
                 INTERNATIONAL GIANTS have made   in which there has been much more   sustainability concerns.
                 a bumper gas find east of Aberdeen,   drilling over the years.       The final date for registrations
                 which they say shows there is still lots   It will boost hopes that exploration   is 17 April and proposals must be
                 to go for in the mature North Sea.  activity may recover after falling to   submitted by 26 April 2019.
                   Total made the find, estimated   record lows in the wake of the crude
                 to contain 250 million barrels   price plunge which took a heavy toll on
                 recoverable, with a well drilled with   the UK North Sea.
                 China’s CNOOC and Edison of Italy,   “There is a lot of hype around frontier
                 reports the Herald Scotland.     areas like West of Shetland, where Total
                   Experts believe that the find could   discovered the Glendronach field last
                 be the biggest made on the United   year,” noted Kevin Swann at oil and gas
                 Kingdom Continental Shelf for more   consultancy Wood Mackenzie. “But
                 than a decade.                   Glengorm is in in the Central North Sea
                   The success comes after Total made   and this find shows there is still life in
                 a major gas discovery West of Shetland   some of the more mature UK waters.”
                 with the Glendronach well in September.   Noting that Glengorm looked to be
                 This stoked excitement about the   the largest gas discovery in the UK
                 potential of the relatively under-  since Culzean in 2008, Mr Swann said
                 explored waters off Shetland, which is   the strike represented a good start to
                 still considered to be a frontier area.  what could prove to be a pivotal year
                   The Glengorm find has provided a   for UK exploration. Oil and gas firms
                 reminder that there are still big finds   plan to drill several potentially high   THE GOVERNMENT WANTS TO EXPLORE
                                                                                                     OTHER STORAGE OPTIONS
                 to be made in areas of the North Sea   impact wells this year.



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        News.indd   1                                                                                             14/02/2019   12:48
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