Neptune, Ørsted and Goal7 team up on integrated energy hubs

Integrated energy hubs have the potential to combine multiple energy systems, including existing oil and gas production assets, carbon storage and hydrogen production facilities. They could extend the life of producing fields and support the economic case for electrification with renewable energy, to keep carbon emissions low, Neptune Energy said.

The agreement will see the companies examine the potential to supply renewable electricity from Ørsted’s Hornsea offshore windfarm projects to power future Neptune-operated hubs in the UK North Sea. Goal7 will provide project management support and technical input.

“The development of integrated energy hubs is an important part of Neptune’s strategy to store more carbon than is emitted from our operations and the use of our sold products by 2030,” said Neptune Energy’s director of new energy, Pierre Girard.

“Neptune has submitted three applications under the recent Carbon Dioxide Appraisal and Storage Licensing Round, and securing the licences would enable us to develop future proposals for integrated energy hubs in the UK North Sea.