Sullom Voe is the largest oil terminal of its type in Europe, with massive development potential. Veri Energy is working to transform the site into a world-class hub for clean energy and industrial decarbonisation, with a focus on large-scale e-fuel production.
The project harnesses Shetland’s exceptional wind resources to produce e-fuels on an industrial scale for domestic use and export, which will help reduce emissions across the transport sector worldwide.
At its core is a private-wire power-to-liquid facility, which has been designed using advanced meteorological modelling and power optimisation techniques developed by energy systems design experts.
These innovations significantly enhance energy efficiency and lower the levelised cost of production.
Shetland has been a cornerstone of the UK energy sector for more than five decades. It's now leading the transition to low-carbon technologies thanks to its location, abundance of natural resources, and existing infrastructure.
The project also has direct applications for the aviation, marine, and chemical sectors.
The project is currently in the fully funded pre-FEED (concept design) phase. This focuses on designing a power-to-liquid system with the support of global OEMs.
The aim is to move the project into the front-end engineering design (FEED) stage next.
It's estimated that £300 million in investment will be required to complete the project in full.
Veri Energy is working in partnership with the Net Zero Technology Centre and energy systems specialists ThinkTank Maths to deliver an investable, scalable power-to-liquid facility that can be replicated across multiple locations in Scotland.
Veri Energy has already identified and engaged with other sites to extend this concept, creating a pathway for regional growth in clean fuels. Realising the full potential of this opportunity will require significant additional capital investment.
Veri Energy is a UK-based independent energy transition and infrastructure company that specialises in transforming existing infrastructure sites into bases for large-scale decarbonisation projects.
In addition to e-fuels, the site is advancing projects in renewable power and carbon storage, creating skilled jobs and delivering significant emissions reductions for a sustainable future.
In particular, Veri Energy has plans and licences to deliver industrial-scale carbon capture and storage (CCS) at the site. Biogenic CO2 from this process can then be used in the production of e-fuels, helping to reduce emissions even further and enhance the hub's clean credentials.
Last updated: 23 January 2026
This initiative offers investors a unique opportunity to participate in a globally competitive energy hub that's driving the UK’s net zero future.
The Sullom Voe Terminal is strategically located to benefit from Shetland's extensive natural resources, and can also make use of existing infrastructure – including the existing deep water port and jetties – and the area's skilled workforce and established supply chain.
Its repeatable, scalable, place-based power-to-liquid concept combines private-wire renewable generation with advanced conversion technology. It will help to enhance energy resilience, strengthen national security, and create high-quality jobs for decades to come.
The Sullom Voe site currently supports 600 direct and indirect highly skilled roles. Veri Energy’s project provides a clear path to transition this workforce into new low-carbon technologies, securing employment while driving industrial decarbonisation.
To date, the site's development has been supported by EnQuest, Veri Energy’s parent company and operator of the Sullom Voe Terminal.
The site is supported by strategic investment from the Net Zero Technology Centre and through partnerships with globally recognised original equipment manufacturers (OEMs).
Veri Energy is also working with mathematics research and energy systems specialists ThinkTank Maths to develop its investable, scalable power-to-liquid facility.
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