Both companies aim to leverage their expertise in offshore wind energy and green hydrogen solutions to support global offshore wind energy goals and hydrogen strategies as part of a net-zero carbon future.

This coexistence is considered feasible and valuable for both oil and gas and renewables in Norwegian waters, despite the challenges involved.

This outcome has drawn criticism from opposition politicians and environmental advocates.

This achievement marks Shell's first wellhead platform in the country powered by a combination of solar and wind energy sources, underlining the company's commitment to sustainable practices.

Spearheaded by two seasoned North East entrepreneurs, Anthony Piggott and Dan Martin, Swarm is determined to revolutionize the energy landscape by altering how people procure, produce, and employ energy within their households.

This strategic move aims to fund the generation of 12 gigawatts (GW) of renewable electricity annually, which could power approximately 10 million homes.

The proposed sites could have a combined storage capacity of 90MW and would support the national grid during peak periods.

This substantial funding boost comes at a crucial time for the renewable power sector, which requires significant capital to meet climate goals while grappling with rising interest rates.

A vast power grid on the seabed of the central North Sea is being planned as part of a 20bn Project

A new plan to cut greenhouse gases and lower energy costs by investing in renewable energy and nuclear is being unveiled by the government.