Energy transition gathers steam as Wood nears major milestone


THERE ARE strong signs that the UK’s energy transition is finally gathering pace as two of the sector’s biggest players revealed significant milestones this morning.

Aberdeen-headquartered Wood has reported that it expects revenues from its sustainable business to top $1billion this year following major contract wins.

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And the National Grid has revealed that it is spending nearly £22million per day investing in new infrastructure that will help deliver global net zero ambitions.

Next week, Aberdeen & Grampian Chamber of Commerce, KPLG and the ETZ Ltd will discuss the energy transition and the progress being made here in the North-east at a special business breakfast.

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