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Stewardship Expectation 11: Net Zero

This Stewardship Expectation sets out the Authority’s view as to how Industry should manage existing operations and new developments in order to reduce their GHG emissions and support delivery of the UK’s net zero target.

Energy integration

NSTA analysis shows the UK Continental Shelf (UKCS) can make a major contribution to net zero. Oil and gas infrastructure and capabilities can be leveraged for CCS, offshore wind deployment, and hydrogen transport and storage.

Carbon capture and storage

Carbon Capture and Storage (CCS) is critical to the UK achieving net zero – government aims to capture and store 20-30 million tonnes of CO2 per year by 2030 and over 50 million tonnes/yr by 2035.

The move to net zero carbon

The NSTA is committed to helping the UK government reaching its goal of net zero emissions by 2050 and we have refreshed our core Strategy to integrate net zero and develop benchmarking to monitor emissions performance.

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Case studies

In 2019, the government introduced a legally-binding commitment to put the UK firmly on a pathway to net zero greenhouse gas emissions by 2050.

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What we do

We work with government, industry and other regulators to accelerate the move to net zero while meeting the UK’s energy demand and security.

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About us

We license, regulate and influence the UK oil, gas and carbon storage industries. We support UK energy security, drive emissions reduction from UK supplies, and help accelerate the transition to net zero to realise the potential of the North Sea as an integrated energy basin.

What we do - Investing on the UKCS

We work with industry, government and the lender/investment community on identifying and progressing investment opportunities and support the UK government in its drive to reach net zero greenhouse gas emissions by 2050.