North Sea Union proposed to promote offshore energy development

North Sea Union proposed to promote offshore energy developmentIn light of Brexit, there has been a lot of uncertainty regarding how European Nations are going to work together to lessen the blow of economic change and restructuring.

Some have suggested Britain be “punished” for its defiance and made an example of in order to deter other nations from making the same decision. Others took a more understanding approach, declaring that they must respect Britain’s decision.

Now that the shock of the situation has subsided, plans are beginning to emerge for Britain to join its allies in the development of new innovations in the North Sea.

The proposal stems from the prime minister of Flanders, Kris Peeters and Geert Bourgeois, the leader of Belgium’s dominant region. The suggestion is that Britain will join nations such as Denmark, Germany, The Netherlands, France, Sweden and Norway in the creation of a hub in the North Sea that will give a welcome boost to offshore power developments, marine research and a better grid network that can cut costs and be a driver for better back-up power.

“There are so many areas in which we can work together on the enormous potential of ‘blue industry’ in the oceans” – Geert Bourgeois

Mr Bourgeois has suggested that this structure could be developed on top of the pre-existing North Sea Commission as it seems like a logical building block for the project. At the moment the North Sea Commissions primary concerns are these objectives:

  • Managing maritime spaceNorth Sea Union proposed to promote offshore energy development
  • Increasing accessibility and clean transport
  • Tackling climate change
  • Developing attractive and sustainable communities
  • Promoting innovation, excellence and sustainability

North Sea Union proposed to promote offshore energy developmentThis commission is only inclusive of certain regions in Norway, Sweden, Denmark, Germany, The Netherlands, France, England and Scotland, who have a stake in the marine economy. Whereas the proposed North Sea Union would involve entire nations.

As an energy orientated business, Exchange Utility is incredibly excited about how this could rebuild relations and positively affect the business energy market to aid us in giving our customers even better tariff options and prices than ever before. It is early days yet, however we believe this to be a step in the right direction as uncertainty has been playing havoc with the current energy market.

If your business would like advice on how to obtain a better energy deal, or would like to know how the current economic climate is affecting the market then please do not hesitate to get in touch with a business energy expert on 0800 9777 000 or complete our online enquiry form to get a FREE business energy comparison to reduce your bills.