Friday Oct 25, 2024
EVOL: Budget moans, Viaro goes nuclear and transmission gets a plan
This week the UK energy sector is waiting with bated breath for the Labour Party's first budget as oil firms are set to receive an increased rate of tax.
Erikka kicks the show off by discussing the final warning shots fired by the country's oil and gas operators. The industry has not shied away from voicing concern with the Labour government's plan, however, this is the last ditch effort to have their voices heard before Rachel Reeves announces Labour's changes next Wednesday.
Next up, Mat has been looking into nuclear energy and how Viaro Energy is considering small reactors to power operations. Decarbonisation of oil and gas assets is a point of contention as some platforms struggle to electrify but Viaro has come up with a novel solutiuon.
Finally, the UK is finally setting out an energy infrastructure plan and Ryan asks, why has it taken so long?! Transmission infrastructure is key to achieving the energy transition and pylons have become a point of contention. As this was announced by the National Energy System Operator (NESO), SSEN Transmission announced plans to build 1000 homes in Northern Scotland as it looks to roll out infrastructure in the region.