World-class in Energy
Against the global energy landscape the UK Energy sector has a number of key strengths, which include:
World class major project management and engineering capability, providing engineering solutions with professional impartiality
- Ten of the world’s largest prime contractor companies have regional head quarters in the UK employing over 40,000 personnel for the implementation of UK and international projects.
- Major project experience includes integrated upstream and mid stream (LNG, GTL) gas developments, including the Middle East and North Africa.
- Engineering for the development of supercritical boilers for major power generators, specifically in China and in India and to provide up to a 50 per cent biomass co-firing option.
- Engineering to optimise and integrate IGCC (Integrated Gasification Combined Cycles) and CCS (Carbon Capture and Storage) technology in the UK and Europe.
- The development of deepwater (1,000 metre plus) oil and gas reserves involving advanced floating and subsea production technology.
World-class expertise in operational management of energy assets and infrastructure
- A strong area for the UK Energy sector, grown out of long-term experience working for both international and nationally-owned operators.
- UK companies with this area of expertise are currently supporting the management of over 4,000 energy producing assets worldwide.
- Operational management support for mature assets, together with extension, abandonment deferral and additional value creation, is well established in the UK and overseas markets.
World leading expertise in creating, managing and regulating liberalised energy utility markets
- For example, the UK pioneering of price control regulation for transmission in the early 1990s to provide strong incentives for companies to become ever more cost-effective.
- The UK has already prepared a preliminary regulatory framework for CCS (Carbon Capture and Storage) in consultation with research, engineering and investor organisations.
The City of London as a global financial and trading centre
- Providing access to a full range of financing including a strong venture capital sector.
- World class professional services including legal, technical, environmental, economic and market advisors and IT specialists.
- Carbon management and brokering services, exchange trading, credit clearing, risk management, as well as a full range of analytical, monitoring and verification services.
- London has become the centre for the emissions trading markets as well as energy trading. The UK Emission Trading Scheme has pioneered green gas (GHG) emission trading developed largely from within the UK power sector.
Design, manufacture and installation of advanced equipment
- Ongoing programmes to use the latest approaches, new materials and advanced electronic and digital technology aimed at improving safety, reliability, energy consumption and time across all aspects of the energy supply chain.
- Particular strength in metering equipment and systems, boilers, steam turbines, motors, valves and other specialist fittings.
- Design, manufacture and installation of high-voltage transmission network equipment and power distribution equipment.
Internationally renowned academic and research institutions, contributing to new energy technology advancement.
- More than 40 establishments in the UK with core research skills in areas such as combustion, process and chemical engineering and molecular and biological sciences.
- Extensive research and development programmes encompassing thermal and biological processes related to bioenergy development, production of low cost silicon for photovoltaic applications, static and transport-based fuel cells, hydrocarbon-enhanced recovery techniques, and digital technology for monitoring, measuring and controlling oil and gas production.
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