UK and Norway to Launch Green Industrial Partnership for Clean Energy
The UK and Norway have unveiled plans for a Green Industrial Partnership, aimed at advancing clean energy and driving economic growth. The two nations share a goal of finalizing the agreement by spring 2025.
The partnership will enhance the UK's energy security, reduce reliance on volatile international energy markets, and support its clean energy targets. It will focus on carbon capture, usage, and storage (CCUS) technologies, leveraging the expertise of BP and Norwegian company Equinor through projects like the Northern Endurance Partnership and Net Zero Teesside. The latter is expected to provide clean power to up to 1 million homes by 2028 while creating thousands of skilled jobs in the UK's industrial heartlands.
During his visit to a cross-border carbon storage facility in Norway, UK Prime Minister Keir Starmer emphasized the partnership's potential to "reignite industrial heartlands and deliver on our Plan for Change." Norwegian Prime Minister Jonas Gahr Store highlighted the 20-year collaboration between the two nations on CCUS, stating the agreement would drive innovation, cut emissions, and create green jobs in both countries.
As part of the collaboration, the UK and Norway will also work on developing the North Sea as a hub for carbon storage and facilitating cross-border CO2 transport under the London Protocol.
