The North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) which commits both organizations to work together…
The North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) which commits both organizations to work together to realize the tremendous energy and carbon storage potential of the North Sea.
The SoI, which includes a pledge to progress net zero targets by helping different technologies share space, confirms that both bodies are focused on enabling sustainable North Sea business through a coordinated approach to managing the seabed.
The two organizations have distinct but complementary roles in relation to offshore energy and the use and management of the seabed and its resources, and will work together while recognizing individual remits.
The SoI highlights common priorities such as working towards coordinated leasing and licensing of carbon storage, enabling carbon capture and storage projects to be developed effectively in Scottish waters in support of the delivery of net zero, and helping to meet UK and Scottish Governments’ net zero and decarbonization targets.
They also share the ambition to maximize seabed potential, including by identifying opportunities for co-location and co-existence, and addressing opportunities and challenges facing marine industries and the environment.
Effective data sharing, and the efficient delivery of data on platforms such as the Marine Data
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