SDG Roadmap impact opportunities
Ipieca Principles
Climate action
  • Neptune Energy logo

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.

Neptune Energy signed a memorandum of understanding with Ørsted and Goal7 in December 2022 to explore powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity. The companies will examine the potential to supply renewable energy from Ørsted's Hornsea offshore windfarm to carbon storage facilities, as well as to oil and gas assets to help decarbonize production. They will also look at opportunities for using wind energy for hydrogen production.

The development of integrated energy hubs is an important part of Neptune Energy's strategy to store more carbon than is emitted from operations and the use of sold products by 2030.

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