Neptune Energy will reduce emissions by more than 11,000 tonnes of CO2 per year after securing new renewable electricity supplies for its operated onshore assets in Germany.
NORWAY
The decrease is a 40% reduction in the company’s scope two emissions in the country.
Neptune uses electricity from shore at its operated Gjøa field in Norway and at its Q13a-A platform in the Netherlands, leading to an estimated reduction of 226,000t CO2 emissions in 2021.
DECARBONISATION
Neptune Energy’s director of global operations and electrification, Mungo McLeish, said that electrification played a critical role in the company’s decarbonisation strategy.
“By the end of 2022, more than 35 kboepd of Neptune’s net annual production will be electrified.
“With further electrification projects planned in Norway, we aim to have around 50 kboepd electrified by 2027, and will continue to investigate opportunities to electrify assets within our portfolio.”
Under the new supply agreement in Germany, a Certificate of Origin has been issued to Neptune, guaranteeing electricity is provided from renewable energy sources.