MEMBER BLOG: Verlume innovators ready to engage with INTOG opportunity

August 4, 2022
MEMBER BLOG: Verlume innovators ready to engage with INTOG opportunity

By Paul Slorach, Business Development Director, Verlume

The Crown Estate Scotland Innovation and Targeted Oil and Gas (INTOG) leasing round will be transformational for the Scottish oil and gas market. As the first initiative of its kind, it is set to significantly accelerate decarbonisation in the oil and gas sector through the integration of offshore wind farms to provide low carbon electricity for production installations. The leasing round will allow developers to apply for the rights to build new offshore wind farms, as well as small-scale innovation projects such as green hydrogen production.

As a leader in the energy transition for almost a decade, Verlume is excited by the prospect of INTOG. We believe that seabed and offshore energy storage can add significant value to the leasing round, helping to optimise power production profiles for offshore wind farms and for provision of Power-to-X functionality, such as underwater drones, electric surface vessels and green electrolysers.

We are now exploring a number of options for participation within INTOG, to align our expertise in intelligent energy management and energy storage as part of operators’ and developers’ proposals. As described in previous blogs, we are actively working to optimise our Halo technology for MW/MWh opportunities in the offshore wind sector and this opportunity is an extension of those activities.

Read the full blog post on Verlume’s website by clicking here.

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AREG is the original energy transition organisation, working on behalf of members to empower the energy supply chain and champion its expertise. Please get in touch if you have any questions or would like to find out more about membership.

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AREG has played an important role in the growth of Scotland’s renewable energy sector, engaging the supply chain and developing the European Offshore Wind Deployment Centre. However, we are only at the very beginning of the transition that AREG was established to both lead and support so there are still opportunities for companies to get into the constantly evolving renewables supply chain. We look forward to continuing our work together as renewables builds on its place as Scotland’s main source of power, and as we seek to deliver real change in the crucial areas of heat and transport.

Scottish Renewables
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Aberdeen & Grampian Chamber of Commerce has worked closely with AREG since its formation. The recent progress in the developments of offshore wind projects by Equinor and Vattenfall are as a result of the work of the group over many years. The north-east is known as the oil and gas capital of Europe. At the Chamber, we believe the region must evolve its position to being recognised as the energy capital. Whilst hydrocarbons will continue to be essential in driving our economy for years to come, the generation of renewable resources will play an increasingly important role in providing cost-effective power, innovative development and economic growth.

Aberdeen & Grampian Chamber of Commerce
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The enthusiasm and dedication of the early group that would become AREG was fundamental in us choosing to launch All-Energy in Aberdeen. The first tiny show was held in 2001, and AREG’s Chairman at the time, Jeremy Cresswell, played such an active role that I often describe him in terms such as All-Energy’s ‘midwife’. All-Energy is now the UK’s largest renewable and low carbon energy exhibition and conference in terms of number of attendees, space booked, and number of exhibiting companies. As AREG became firmly established, their presence and support for the event grew spectacularly over the years. We thank them most sincerely for their invaluable input.

All-Energy
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Vattenfall has forged a strong working relationship with AREG through the development of the European Offshore Wind Deployment Centre. AREG has worked tirelessly on behalf of the North East and it can take enormous credit for the growth of sustainable energy in the region and the path it has cleared for the region to capture further investment.

Vattenfall
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Aberdeen City and Shire is emerging as a key location for renewables by successfully transferring its world-class oil and gas expertise into the sector and AREG has done much to advance this through a broad range of initiatives. It has acted as a catalyst in driving further investment in the local economy by engaging with companies, Government, public bodies and existing projects and we have been pleased to support their efforts. Scottish Enterprise will continue to engage with AREG as we increase Scotland’s use of renewable energy.

Scottish Enterprise