Noted to editors
- Our purpose is to develop and deploy technology to accelerate an affordable net zero energy industry.
- The Net Zero Technology Centre (formerly called OGTC) was created as part of the Aberdeen City Region Deal, with £180 million of UK and Scottish government funding to maximise the potential of the North Sea.
- Since our inception in 2017, we have been advocates of the role of technology in decarbonising the oil and gas industry. We launched a Net Zero Solution Centre in 2019. In 2020, we redefined our purpose to focus on developing and deploying technology for an affordable net zero Energy Industry. In 2021, we completed our pivot, changing our name from OGTC to the Net The Net Zero Technology Centre, which more accurately reflects our purpose.
- More than £176 million has been co-invested with industry in technologies from effective well plugging and abandonment, asset integrity to autonomous robotics and renewable power systems. We have screened over 1,300 exciting new technologies, completed or progressed 110+ field trials, over 20 technologies have been commercialised, 33 tech start-ups supported and we have helped generate £10-£15 billion GVA potential for the UK economy.
Our purpose is to develop and deploy technology for an affordable net zero energy industry.
We co-invest with industry to diversify our supply chain and create a technology led, globally competitive supply chain for our future net zero energy system. We are committed to a culture of innovation and helping to attract the next generation of engineers and scientists to our industry.
If you have any queries, please contact the team: