Energy transition gathers steam as Wood nears major milestone

09/11/2023

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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