Energy transition investment and Scotland's supply chain

Looking for the right location to set up and grow a sustainable business? Need suppliers or partners for your energy transition project? We’ll connect you to Scotland’s many opportunities and all the support you need.

Find a supportive business environment

Investment opportunities in Scotland’s energy industries are many and diverse. We work closely and effectively with government, universities, industry, global investors and the business community. And it’s these strong partnerships and networks that underpin Scotland’s energy transition to renewables.

The Acorn CCS carbon capture and storage project in North East Scotland, for example, is an important catalyst for attracting international investment in clean technologies, helping transform carbon intensive industries into low carbon industries.

Both the public and private sectors in Scotland are working towards energy transition, and we can help connect you to the right opportunities and people for your next project.

Support for companies to transition

Net Zero Technology Centre

The repositioned Net Zero Technology Centre (formerly the Oil & Gas Technology Centre – OGTC) aims to reduce emissions through technology. With a focus on a digital, automated future, it works in partnership with public and private sectors helping tech startups with clean energy solutions, influencing policy and supporting the oil and gas industry to diversify.

Energy Transition Zone

Scotland remains the best-placed country in Europe to realise carbon capture utilisation and storage (CCUS) on a commercial scale. A major Energy Transition Zone in North East Scotland will create a world-leading centre for research development, testing, demonstration and manufacturing activities using cleaner energies such as offshore wind and hydrogen.

The project, backed by more than £26 million Scottish Government investment and supported by Scottish Enterprise, will accelerate the delivery of net zero solutions and secure a strong economic future built on offshore wind, hydrogen, and CCUS.

When combined with Aberdeen Harbour Board’s £350 million investment to create a combined marine and offshore support hub, this will be a significant part in the development of non-oil and gas activities in the area.

North Sea Transition Deal

The UK Government has announced the North Sea Transition Deal which will help unlock a further £16 billion in investment over the next decade in crucial low carbon solutions. This will accelerate energy transition, includes CCUS and hydrogen and will support the creation of up to 40,000 new energy jobs across the UK.

Michelin Scotland Innovation Parc (MSIP)

MSIP is a joint venture between Michelin, Dundee City Council and Scottish Enterprise. An area dedicated to generating economic growth in Scotland and supports a fair and just transition to a net zero economy. Arcola Energy and SWARCO are among the Parc’s first international tenants supporting development of sustainable mobility, clean transport and low carbon energy solutions. The Parc will stimulate growth and diversity in the Scottish economy while addressing the global climate emergency. 

Find opportunities for your business at MSIP

Private sector’s drive towards net zero

Big name companies are increasingly rebranding and refocusing their activities around net zero emissions. They realise that they are going to have to significantly reduce the amount of carbon they release into the atmosphere. 

Importantly, oil and gas companies and their staff are keen to be part of the change. And their technology and innovative thinking can lead the way in finding solutions for the renewables sector. Here are a few examples:

Forth Ports – Renewables Hub in Leith 

A bespoke, riverside marine berth capable of accommodating the world’s largest offshore wind installation vessels will be built at the Port of Leith. It will feature a heavy lift capability of up to 100 tonnes per square metre (t/m2), backed up by 35 acres of adjacent land for logistics and marshalling.

The Port of Leith Renewable Energy Hub has the potential to:

  • Make a major contribution to Scotland achieving its 2045 net zero greenhouse gases target
  • Secure the Firth of Forth as the driver for Scotland’s green energy transition
  • Help spearhead Edinburgh’s and Scotland’s Covid-19 recovery plan
  • Support up to 1,000 high quality, long term direct jobs and about 2,000 indirect jobs

Roemex

Supporting the global energy transition towards sustainable renewable energy, Aberdeen-based Roemex has used its expertise in upstream oil and gas to develop bespoke solutions for the renewable energy sector worldwide.

The company has developed a range of chemicals, monitoring, management and reporting services for the global geothermal market.  This includes inhibitors for corrosion and scaling, but also remedial treatments designed to reduce injection pressures.

TotalEnergies

Significantly, oil and gas giant Total has rebranded as TotalEnergies as it shifts focus towards renewable energy sources. It’s the world's fourth-largest privately-owned oil and gas producer and aims to reach carbon neutrality by 2050. It will do this in part by investing in more solar, geothermal and wind power projects. It has also aligned itself to the United Nations’ Global Sustainability Goals.

TotalEnergies, the Green Investment Group and Renewable Infrastructure Development Group have formed the Offshore Wind Power Ltd (OWPL) consortium. The consortium is now looking to the supply chain to work with them to develop world-class offshore wind developments that will help deliver clean, reliable and affordable energy, while also supporting Scotland’s net zero ambitions.

Scottish energy companies are ready to work with you

With abundant natural resources, Scottish companies are world-leading in developing renewable technologies – your natural supply chain partners. We can help you find suppliers and partners in areas including: 

  • Energy education – dedicated to safety and quality, Scottish training providers are made up of talented engineering specialists and leading operational instructors
  • Hydrogen – Scotland is currently pioneering over 20 green and blue hydrogen projects spanning generation, transport and heating – many of which are world firsts
  • Offshore wind – Scotland is home to thousands of energy supply chain companies, consultancy services and world-leading test facilities
  • Oil and gas decommissioning – Scotland’s offshore companies are among the world’s leading oil and gas decommissioning businesses tackling the most complex challenges with fully packaged solutions
  • Subsea engineering – Scottish tech firms and research centres are pioneers in the use of artificial intelligence, machine learning, sensors and autonomous robots to solve underwater challenges in offshore industries

Scotland also has world class expertise in managing offshore supply chains and operating in hostile environments. This means we have the people, the skills, the engineering ability and proven track record in innovative design thinking to help you succeed.

Need help?

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