Sir Ian Wood's Review of UKCS Oil and Gas Recovery proposed that the UK should continue to secure 35% of its gas requirements by maximising the use of domestic energy resources thus enhancing security of supply. The report calls for innovation and collaboration offshore. An important objective: to protect UK jobs and enhance opportunities for UK business.
The TiGRE proposition is an innovative and collaborative concept, involving the gas operators, offshore wind developers, power generation and transmission sectors, meeting many of the Wood Review's objectives. TiGRE provides an investment grade opportunity due to its risk profile, speed and certainty of delivery as a consequence of low technical and commercial risk, and public appeal due to relatively benign development impacts. TiGRE can be expedited to deliver secure reliable power by 2020 with minimal investment and minimal change to any regulatory or fiscal regime.
The Oil and Gas Authority (OGA) has been working on a study of the gas to wires concept, in consultation with a number of companies, including the TiGRE Group. The report, Gas-to-Wire: UK SNS and EIS was published on 19th September 2018 and can be found at: https://www.ogauthority.co.uk/news-publications/publications/2018/gas-to-wire-report-uk-sns-and-eis/