One North Sea Review 2022

The North Sea countries faced an energy crisis in 2022, leading to a reassessment of their fossil fuel import and export policies. Despite this setback, investment in energy transition technology projects in the region is still increasing, indicating the momentum of the energy transition.

The One North Sea (ONS) report shows significant growth in energy projects using existing infrastructure, and the database reflects the diversification of emerging energy technologies. Collaboration among North Sea nations is crucial to achieving the goal of net zero emissions by 2050, and the ONS database highlights changes in technology mix and areas of commonality.

Download the report to see what progress has been made and what we expect to see in the next 18 months focussing on:

• Hydrogen production, storage & transportation
• Carbon capture and storage
• Electrification for emissions reduction